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 watch bought for ₹1500 is sold for ₹1650. What is the profit per cent?
- 2.What is the amount (principal + simple interest) on ₹7100 at 11% per year for 2 years (in ₹)?
- 3.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹1110. What is the profit (in ₹)?
- 4.A cricket kit bought for ₹1600 is sold for ₹1680. What is the profit per cent?
- 5.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 1 year (in ₹)?
- 6.The price of a bus pass changed from ₹250 to ₹350. What is the percentage increase?
- 7.What is the simple interest on ₹3600 at 5% per year for 3 years (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1910. What is the profit (in ₹)?
- 9.What is the simple interest on ₹1700 at 3% per year for 3 years (in ₹)?
- 10.What is the simple interest on ₹2900 at 7% per year for 4 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 5 years (in ₹)?
- 12.What is 60% of 420?
- 13.What is 10% of 780?
- 14.What is the simple interest on ₹3900 at 3% per year for 2 years (in ₹)?
- 15.A table bought for ₹4000 is sold for ₹3600. What is the loss per cent?
- 16.What is 35% of 880?
- 17.A fan bought for ₹4000 is sold for ₹5600. What is the profit per cent?
- 18.A shopkeeper buys a cycle for ₹850 and sells it for ₹1140. What is the profit (in ₹)?
- 19.A cooler bought for ₹2900 is sold for ₹2175. What is the loss per cent?
- 20.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
- 21.What is the simple interest on ₹1400 at 9% per year for 5 years (in ₹)?
- 22.A cycle bought for ₹3500 is sold for ₹3080. What is the loss per cent?
- 23.A cycle bought for ₹1500 is sold for ₹2100. What is the profit per cent?
- 24.A cooler bought for ₹1500 is sold for ₹1575. What is the profit per cent?
- 25.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 2 years (in ₹)?
- 26.A shopkeeper buys a watch for ₹2600 and sells it for ₹2820. What is the profit (in ₹)?
- 27.A cycle bought for ₹1900 is sold for ₹1140. What is the loss per cent?
- 28.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
- 29.A watch costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 30.A sewing machine costs ₹2100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 31.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
- 32.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 5 years (in ₹)?
- 33.The price of a cricket ball changed from ₹50 to ₹95. What is the percentage increase?
- 34.What is 20% of 40?
- 35.What is 15% of 340?
- 36.The price of a pair of shoes changed from ₹500 to ₹125. What is the percentage decrease?
- 37.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2090. What is the profit (in ₹)?
- 38.What is 10% of 800?
- 39.A fan bought for ₹600 is sold for ₹720. What is the profit per cent?
- 40.A fan bought for ₹2600 is sold for ₹3640. What is the profit per cent?
Answer key
- 10
- 8662
- 60
- 5
- 3379
- 40
- 540
- 260
- 153
- 812
- 13795
- 252
- 78
- 234
- 10
- 308
- 40
- 290
- 25
- 30
- 630
- 12
- 40
- 5
- 5830
- 220
- 40
- 40
- 600
- 1260
- 20
- 1100
- 90
- 8
- 51
- 75
- 140
- 80
- 20
- 40
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