Class 7 Maths Worksheet: Profit and Loss, Simple Interest
The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.
NameDateTime takenScore ___ / 40
- 1.A shopkeeper buys a table for ₹2950 and sells it for ₹2870. What is the loss (in ₹)?
- 2.What is 5% of 520?
- 3.A cycle bought for ₹900 is sold for ₹1125. What is the profit per cent?
- 4.What is the simple interest on ₹2500 at 10% per year for 2 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹1300 at 7% per year for 3 years (in ₹)?
- 6.A shopkeeper buys a watch for ₹700 and sells it for ₹680. What is the loss (in ₹)?
- 7.A cycle bought for ₹2500 is sold for ₹3125. What is the profit per cent?
- 8.A fan costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 9.A cycle costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 10.A cooler bought for ₹2000 is sold for ₹1700. What is the loss per cent?
- 11.What is the simple interest on ₹6600 at 10% per year for 4 years (in ₹)?
- 12.What is 80% of 740?
- 13.What is 80% of 840?
- 14.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 2 years (in ₹)?
- 15.A cycle costs ₹1800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 16.A watch costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 4 years (in ₹)?
- 18.A cycle bought for ₹3100 is sold for ₹2790. What is the loss per cent?
- 19.What is 85% of 220?
- 20.What is 75% of 240?
- 21.The price of a cricket ball changed from ₹200 to ₹50. What is the percentage decrease?
- 22.What is the simple interest on ₹7000 at 6% per year for 5 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹3900 at 8% per year for 4 years (in ₹)?
- 24.What is 95% of 220?
- 25.A cycle costs ₹2100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 26.A cooler costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 27.What is 30% of 380?
- 28.A mobile phone costs ₹1500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 5 years (in ₹)?
- 30.What is the simple interest on ₹4100 at 9% per year for 2 years (in ₹)?
- 31.What is 80% of 160?
- 32.A cycle bought for ₹400 is sold for ₹420. What is the profit per cent?
- 33.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
- 34.A sewing machine bought for ₹3600 is sold for ₹2160. What is the loss per cent?
- 35.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹30. What is the loss (in ₹)?
- 36.The price of a water bottle changed from ₹80 to ₹48. What is the percentage decrease?
- 37.What is the amount (principal + simple interest) on ₹3200 at 11% per year for 2 years (in ₹)?
- 38.What is the simple interest on ₹4300 at 3% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a table for ₹250 and sells it for ₹490. What is the profit (in ₹)?
- 40.What is the simple interest on ₹2500 at 3% per year for 1 year (in ₹)?
Answer key
- 80
- 26
- 25
- 500
- 1573
- 20
- 25
- 4050
- 850
- 15
- 2640
- 592
- 672
- 10248
- 1530
- 3600
- 3360
- 10
- 187
- 180
- 75
- 2100
- 5148
- 209
- 2415
- 3432
- 114
- 1875
- 1200
- 738
- 128
- 5
- 20
- 40
- 270
- 40
- 3904
- 516
- 240
- 75
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