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 watch bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 2.What is 55% of 920?
- 3.A cricket kit costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 4 years (in ₹)?
- 5.A shopkeeper buys a cooler for ₹550 and sells it for ₹500. What is the loss (in ₹)?
- 6.What is 35% of 580?
- 7.What is the simple interest on ₹5200 at 4% per year for 3 years (in ₹)?
- 8.A cooler costs ₹1600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 9.What is 10% of 400?
- 10.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.What is 60% of 220?
- 12.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1520. What is the loss (in ₹)?
- 13.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
- 14.What is the simple interest on ₹5100 at 10% per year for 3 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹2900 at 9% per year for 3 years (in ₹)?
- 16.What is 5% of 560?
- 17.A shopkeeper buys a fan for ₹600 and sells it for ₹560. What is the loss (in ₹)?
- 18.The price of a bus pass changed from ₹80 to ₹76. What is the percentage decrease?
- 19.What is 95% of 200?
- 20.What is the simple interest on ₹1700 at 7% per year for 2 years (in ₹)?
- 21.The price of a box of mangoes changed from ₹400 to ₹200. What is the percentage decrease?
- 22.What is the amount (principal + simple interest) on ₹4500 at 9% per year for 5 years (in ₹)?
- 23.The price of a water bottle changed from ₹200 to ₹50. What is the percentage decrease?
- 24.What is 45% of 620?
- 25.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1650. What is the loss (in ₹)?
- 26.What is the simple interest on ₹900 at 12% per year for 2 years (in ₹)?
- 27.A table bought for ₹2600 is sold for ₹2288. What is the loss per cent?
- 28.What is the simple interest on ₹9600 at 12% per year for 2 years (in ₹)?
- 29.A table costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 30.A watch costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 31.A mobile phone bought for ₹2900 is sold for ₹2755. What is the loss per cent?
- 32.What is the simple interest on ₹2000 at 10% per year for 1 year (in ₹)?
- 33.A fan bought for ₹2700 is sold for ₹2376. What is the loss per cent?
- 34.What is the simple interest on ₹2500 at 10% per year for 3 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2100 at 9% per year for 2 years (in ₹)?
- 36.A cycle bought for ₹2600 is sold for ₹2912. What is the profit per cent?
- 37.A sewing machine bought for ₹3500 is sold for ₹4375. What is the profit per cent?
- 38.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2140. What is the profit (in ₹)?
- 39.A fan bought for ₹3800 is sold for ₹1900. What is the loss per cent?
- 40.What is 85% of 60?
Answer key
- 5
- 506
- 1035
- 6944
- 50
- 203
- 624
- 1280
- 40
- 390
- 132
- 180
- 10
- 1530
- 3683
- 28
- 40
- 5
- 190
- 238
- 50
- 6525
- 75
- 279
- 100
- 216
- 12
- 2304
- 600
- 3410
- 5
- 200
- 12
- 750
- 2478
- 12
- 25
- 190
- 50
- 51
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