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 fan costs ₹3200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 2.What is the simple interest on ₹3600 at 3% per year for 5 years (in ₹)?
- 3.A fan bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 4.The price of a box of mangoes changed from ₹80 to ₹76. What is the percentage decrease?
- 5.What is 20% of 40?
- 6.What is the simple interest on ₹7600 at 2% per year for 3 years (in ₹)?
- 7.The price of a box of mangoes changed from ₹20 to ₹22. What is the percentage increase?
- 8.What is 30% of 680?
- 9.What is the simple interest on ₹9700 at 7% per year for 5 years (in ₹)?
- 10.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2260. What is the profit (in ₹)?
- 11.A sewing machine costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 12.A sewing machine costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹2600 at 10% per year for 1 year (in ₹)?
- 14.The price of a water bottle changed from ₹250 to ₹325. What is the percentage increase?
- 15.A sewing machine costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2790. What is the profit (in ₹)?
- 17.What is the simple interest on ₹4400 at 7% per year for 3 years (in ₹)?
- 18.The price of a water bottle changed from ₹400 to ₹600. What is the percentage increase?
- 19.A sewing machine bought for ₹1600 is sold for ₹2080. What is the profit per cent?
- 20.A cycle costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹2400 at 2% per year for 4 years (in ₹)?
- 22.A cycle costs ₹2100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 23.What is 40% of 720?
- 24.What is the amount (principal + simple interest) on ₹7000 at 3% per year for 3 years (in ₹)?
- 25.The price of a box of mangoes changed from ₹400 to ₹420. What is the percentage increase?
- 26.A sewing machine costs ₹3100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.A mobile phone costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 28.A shopkeeper buys a watch for ₹600 and sells it for ₹310. What is the loss (in ₹)?
- 29.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1700. What is the profit (in ₹)?
- 30.What is 70% of 300?
- 31.What is the amount (principal + simple interest) on ₹6400 at 2% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a watch for ₹650 and sells it for ₹520. What is the loss (in ₹)?
- 33.A fan costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 34.What is 85% of 340?
- 35.A table bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 36.A watch costs ₹2400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹3800 at 8% per year for 2 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 4 years (in ₹)?
- 39.What is the simple interest on ₹1400 at 2% per year for 5 years (in ₹)?
- 40.The price of a school bag changed from ₹20 to ₹24. What is the percentage increase?
Answer key
- 2560
- 540
- 50
- 5
- 8
- 456
- 10
- 204
- 3395
- 10
- 3080
- 1200
- 2860
- 30
- 1710
- 140
- 924
- 50
- 30
- 5850
- 2592
- 1470
- 288
- 7630
- 5
- 2635
- 1200
- 290
- 300
- 210
- 6656
- 130
- 2040
- 289
- 20
- 2040
- 608
- 8400
- 140
- 20
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