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 cooler costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.A watch bought for ₹700 is sold for ₹770. What is the profit per cent?
- 3.A cricket kit bought for ₹2800 is sold for ₹3640. What is the profit per cent?
- 4.What is 15% of 340?
- 5.A mobile phone costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹3800 at 10% per year for 5 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 4 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹6600 at 9% per year for 2 years (in ₹)?
- 9.The price of a cricket ball changed from ₹50 to ₹95. What is the percentage increase?
- 10.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 4 years (in ₹)?
- 11.What is the simple interest on ₹900 at 4% per year for 5 years (in ₹)?
- 12.The price of a bus pass changed from ₹20 to ₹16. What is the percentage decrease?
- 13.What is 45% of 280?
- 14.What is the simple interest on ₹4800 at 2% per year for 1 year (in ₹)?
- 15.A shopkeeper buys a fan for ₹1600 and sells it for ₹1530. What is the loss (in ₹)?
- 16.A cycle bought for ₹2100 is sold for ₹1785. What is the loss per cent?
- 17.A cycle bought for ₹1900 is sold for ₹2185. What is the profit per cent?
- 18.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 1 year (in ₹)?
- 19.What is 55% of 260?
- 20.A fan costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 21.A table bought for ₹2400 is sold for ₹3600. What is the profit per cent?
- 22.What is 85% of 320?
- 23.What is the simple interest on ₹8600 at 9% per year for 4 years (in ₹)?
- 24.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1330. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹3600 at 7% per year for 2 years (in ₹)?
- 26.A cooler costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 27.A cycle bought for ₹3900 is sold for ₹3705. What is the loss per cent?
- 28.What is the simple interest on ₹3800 at 12% per year for 2 years (in ₹)?
- 29.What is the simple interest on ₹8400 at 4% per year for 2 years (in ₹)?
- 30.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2430. What is the loss (in ₹)?
- 31.A cooler bought for ₹700 is sold for ₹630. What is the loss per cent?
- 32.A shopkeeper buys a cycle for ₹400 and sells it for ₹660. What is the profit (in ₹)?
- 33.The price of a water bottle changed from ₹250 to ₹245. What is the percentage decrease?
- 34.A watch costs ₹1800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 35.A cycle bought for ₹3000 is sold for ₹2250. What is the loss per cent?
- 36.What is 60% of 540?
- 37.What is the simple interest on ₹5500 at 5% per year for 5 years (in ₹)?
- 38.A cooler bought for ₹900 is sold for ₹792. What is the loss per cent?
- 39.A shopkeeper buys a table for ₹750 and sells it for ₹1030. What is the profit (in ₹)?
- 40.A shopkeeper buys a watch for ₹2700 and sells it for ₹2840. What is the profit (in ₹)?
Answer key
- 3600
- 10
- 30
- 51
- 650
- 1900
- 1080
- 7788
- 90
- 4224
- 180
- 20
- 126
- 96
- 70
- 15
- 15
- 1712
- 143
- 330
- 50
- 272
- 3096
- 20
- 4104
- 2340
- 5
- 912
- 672
- 70
- 10
- 260
- 2
- 1530
- 25
- 324
- 1375
- 12
- 280
- 140
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