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 fan for ₹1650 and sells it for ₹1670. What is the profit (in ₹)?
- 2.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹2140. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹3400 at 4% per year for 3 years (in ₹)?
- 4.What is 60% of 520?
- 5.What is the simple interest on ₹5200 at 9% per year for 2 years (in ₹)?
- 6.A mobile phone costs ₹3200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 7.The price of a box of mangoes changed from ₹40 to ₹24. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹8800 at 7% per year for 3 years (in ₹)?
- 9.A cooler bought for ₹1100 is sold for ₹990. What is the loss per cent?
- 10.What is the simple interest on ₹3700 at 9% per year for 2 years (in ₹)?
- 11.A cricket kit costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 12.A cycle bought for ₹2200 is sold for ₹1980. What is the loss per cent?
- 13.What is the amount (principal + simple interest) on ₹8700 at 10% per year for 5 years (in ₹)?
- 14.The price of a pair of shoes changed from ₹200 to ₹220. What is the percentage increase?
- 15.The price of a box of mangoes changed from ₹40 to ₹20. What is the percentage decrease?
- 16.What is 5% of 120?
- 17.A cooler costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 18.A table costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 19.A watch costs ₹2800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 20.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 21.What is the simple interest on ₹3800 at 3% per year for 2 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹700 at 7% per year for 4 years (in ₹)?
- 23.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
- 24.A cooler costs ₹1900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 1 year (in ₹)?
- 26.A shopkeeper buys a cycle for ₹1000 and sells it for ₹800. What is the loss (in ₹)?
- 27.What is 95% of 400?
- 28.A cooler bought for ₹1400 is sold for ₹1820. What is the profit per cent?
- 29.What is 95% of 900?
- 30.What is 95% of 40?
- 31.What is the simple interest on ₹9400 at 7% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a table for ₹2550 and sells it for ₹2270. What is the loss (in ₹)?
- 33.A sewing machine bought for ₹1300 is sold for ₹975. What is the loss per cent?
- 34.A table bought for ₹1600 is sold for ₹1440. What is the loss per cent?
- 35.What is the simple interest on ₹6400 at 5% per year for 4 years (in ₹)?
- 36.What is 30% of 380?
- 37.A cooler costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 4 years (in ₹)?
- 39.The price of a pair of shoes changed from ₹50 to ₹30. What is the percentage decrease?
- 40.What is the simple interest on ₹2700 at 2% per year for 4 years (in ₹)?
Answer key
- 20
- 240
- 3808
- 312
- 936
- 2880
- 40
- 10648
- 10
- 666
- 1800
- 10
- 13050
- 10
- 50
- 6
- 1100
- 4080
- 3360
- 20
- 228
- 896
- 2
- 2850
- 2675
- 200
- 380
- 30
- 855
- 38
- 3290
- 280
- 25
- 10
- 1280
- 114
- 2835
- 3584
- 40
- 216
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