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.What is the amount (principal + simple interest) on ₹1300 at 2% per year for 1 year (in ₹)?
- 2.A cycle costs ₹2100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 3.A sewing machine costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 4.A cycle bought for ₹3800 is sold for ₹4940. What is the profit per cent?
- 5.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 1 year (in ₹)?
- 6.What is 20% of 280?
- 7.A sewing machine costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹940. What is the profit (in ₹)?
- 9.The price of a pair of shoes changed from ₹40 to ₹44. What is the percentage increase?
- 10.What is the amount (principal + simple interest) on ₹700 at 8% per year for 2 years (in ₹)?
- 11.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
- 12.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1860. What is the profit (in ₹)?
- 13.What is the simple interest on ₹4500 at 11% per year for 2 years (in ₹)?
- 14.A cycle costs ₹3800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 15.What is 55% of 240?
- 16.A shopkeeper buys a watch for ₹2400 and sells it for ₹2540. What is the profit (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2400. What is the loss (in ₹)?
- 18.The price of a bus pass changed from ₹20 to ₹25. What is the percentage increase?
- 19.What is the simple interest on ₹9100 at 9% per year for 1 year (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 5 years (in ₹)?
- 21.The price of a box of mangoes changed from ₹40 to ₹4. What is the percentage decrease?
- 22.What is the amount (principal + simple interest) on ₹8000 at 5% per year for 1 year (in ₹)?
- 23.A watch costs ₹2400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 24.A watch bought for ₹3800 is sold for ₹2660. What is the loss per cent?
- 25.What is 5% of 960?
- 26.A watch costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹7900 at 3% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹6000 at 3% per year for 3 years (in ₹)?
- 29.What is 25% of 1000?
- 30.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹540. What is the profit (in ₹)?
- 31.A table bought for ₹2600 is sold for ₹2470. What is the loss per cent?
- 32.A fan costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹5700 at 2% per year for 2 years (in ₹)?
- 34.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2740. What is the profit (in ₹)?
- 35.What is the simple interest on ₹7900 at 12% per year for 5 years (in ₹)?
- 36.A shopkeeper buys a watch for ₹650 and sells it for ₹840. What is the profit (in ₹)?
- 37.A shopkeeper buys a fan for ₹1000 and sells it for ₹1070. What is the profit (in ₹)?
- 38.What is 25% of 960?
- 39.What is the amount (principal + simple interest) on ₹1000 at 9% per year for 2 years (in ₹)?
- 40.What is 75% of 360?
Answer key
- 1326
- 1575
- 1275
- 30
- 3120
- 56
- 210
- 140
- 10
- 812
- 160
- 10
- 990
- 3040
- 132
- 140
- 250
- 25
- 819
- 9545
- 90
- 8400
- 2688
- 30
- 48
- 1710
- 948
- 6540
- 250
- 190
- 5
- 2625
- 5928
- 40
- 4740
- 190
- 70
- 240
- 1180
- 270
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