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 cycle costs ₹600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 2.A cycle bought for ₹3600 is sold for ₹4140. What is the profit per cent?
- 3.What is 75% of 400?
- 4.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2530. What is the loss (in ₹)?
- 5.What is the simple interest on ₹8400 at 2% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹10000 at 7% per year for 3 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹1700 at 9% per year for 3 years (in ₹)?
- 8.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
- 9.The price of a water bottle changed from ₹500 to ₹525. What is the percentage increase?
- 10.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1400. What is the loss (in ₹)?
- 11.What is the simple interest on ₹1600 at 4% per year for 3 years (in ₹)?
- 12.A cricket kit costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 13.A cycle bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 14.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
- 15.A mobile phone bought for ₹800 is sold for ₹720. What is the loss per cent?
- 16.What is the amount (principal + simple interest) on ₹8800 at 2% per year for 5 years (in ₹)?
- 17.What is 70% of 400?
- 18.The price of a water bottle changed from ₹100 to ₹20. What is the percentage decrease?
- 19.What is 15% of 460?
- 20.A shopkeeper buys a cooler for ₹2050 and sells it for ₹1770. What is the loss (in ₹)?
- 21.What is 35% of 60?
- 22.What is 95% of 300?
- 23.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 1 year (in ₹)?
- 24.A cycle bought for ₹2900 is sold for ₹2552. What is the loss per cent?
- 25.The price of a school bag changed from ₹20 to ₹18. What is the percentage decrease?
- 26.A shopkeeper buys a fan for ₹1350 and sells it for ₹1200. What is the loss (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 1 year (in ₹)?
- 28.A cycle bought for ₹1000 is sold for ₹500. What is the loss per cent?
- 29.The price of a school bag changed from ₹100 to ₹20. What is the percentage decrease?
- 30.What is the amount (principal + simple interest) on ₹8300 at 6% per year for 2 years (in ₹)?
- 31.What is the simple interest on ₹1300 at 2% per year for 4 years (in ₹)?
- 32.What is the simple interest on ₹9400 at 9% per year for 2 years (in ₹)?
- 33.What is 15% of 540?
- 34.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 3 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 1 year (in ₹)?
- 36.A mobile phone costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹8400 at 10% per year for 3 years (in ₹)?
- 38.What is 60% of 180?
- 39.What is 10% of 140?
- 40.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹750. What is the profit (in ₹)?
Answer key
- 720
- 15
- 300
- 120
- 168
- 12100
- 2159
- 30
- 5
- 100
- 192
- 3675
- 5
- 20
- 10
- 9680
- 280
- 80
- 69
- 280
- 21
- 285
- 1904
- 12
- 10
- 150
- 1526
- 50
- 80
- 9296
- 104
- 1692
- 81
- 9576
- 2856
- 935
- 10920
- 108
- 14
- 250
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