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 ₹9600 at 8% per year for 1 year (in ₹)?
- 2.A shopkeeper buys a watch for ₹2400 and sells it for ₹2620. What is the profit (in ₹)?
- 3.A shopkeeper buys a cooler for ₹950 and sells it for ₹810. What is the loss (in ₹)?
- 4.A fan costs ₹1300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8900 at 9% per year for 2 years (in ₹)?
- 6.A mobile phone bought for ₹3600 is sold for ₹4500. What is the profit per cent?
- 7.A fan bought for ₹4000 is sold for ₹4480. What is the profit per cent?
- 8.A shopkeeper buys a watch for ₹950 and sells it for ₹1200. What is the profit (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1680. What is the loss (in ₹)?
- 10.A cricket kit bought for ₹2300 is sold for ₹1840. What is the loss per cent?
- 11.What is the simple interest on ₹8900 at 2% per year for 5 years (in ₹)?
- 12.What is the simple interest on ₹6500 at 10% per year for 5 years (in ₹)?
- 13.The price of a bus pass changed from ₹200 to ₹220. What is the percentage increase?
- 14.A sewing machine bought for ₹200 is sold for ₹170. What is the loss per cent?
- 15.What is 40% of 720?
- 16.The price of a cricket ball changed from ₹250 to ₹255. What is the percentage increase?
- 17.A watch bought for ₹2800 is sold for ₹2660. What is the loss per cent?
- 18.What is 80% of 140?
- 19.The price of a box of mangoes changed from ₹80 to ₹96. What is the percentage increase?
- 20.The price of a water bottle changed from ₹20 to ₹30. What is the percentage increase?
- 21.A cooler bought for ₹800 is sold for ₹400. What is the loss per cent?
- 22.A table bought for ₹800 is sold for ₹560. What is the loss per cent?
- 23.A mobile phone costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 24.What is 60% of 940?
- 25.The price of a box of mangoes changed from ₹500 to ₹350. What is the percentage decrease?
- 26.A cycle costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 27.A fan bought for ₹600 is sold for ₹570. What is the loss per cent?
- 28.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹400. What is the profit (in ₹)?
- 29.A sewing machine bought for ₹2200 is sold for ₹2530. What is the profit per cent?
- 30.A watch bought for ₹2000 is sold for ₹1700. What is the loss per cent?
- 31.What is the simple interest on ₹8100 at 5% per year for 2 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 4 years (in ₹)?
- 33.A sewing machine costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 34.What is 25% of 60?
- 35.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2130. What is the profit (in ₹)?
- 36.What is the simple interest on ₹8800 at 3% per year for 2 years (in ₹)?
- 37.A sewing machine costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹1300 at 10% per year for 1 year (in ₹)?
- 39.What is the simple interest on ₹5300 at 3% per year for 5 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 5 years (in ₹)?
Answer key
- 10368
- 220
- 140
- 780
- 10502
- 25
- 12
- 250
- 70
- 20
- 890
- 3250
- 10
- 15
- 288
- 2
- 5
- 112
- 20
- 50
- 50
- 30
- 2520
- 564
- 30
- 4875
- 5
- 150
- 15
- 15
- 810
- 2160
- 3080
- 15
- 30
- 528
- 1584
- 130
- 795
- 6120
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