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 bought for ₹600 is sold for ₹750. What is the profit per cent?
- 2.A sewing machine costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 3.What is the simple interest on ₹7200 at 4% per year for 2 years (in ₹)?
- 4.The price of a water bottle changed from ₹250 to ₹245. What is the percentage decrease?
- 5.What is 35% of 640?
- 6.A watch bought for ₹1900 is sold for ₹1520. What is the loss per cent?
- 7.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹420. What is the profit (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 1 year (in ₹)?
- 9.A fan bought for ₹3500 is sold for ₹3150. What is the loss per cent?
- 10.What is the simple interest on ₹6800 at 9% per year for 1 year (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹1600 at 12% per year for 1 year (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹4200 at 7% per year for 4 years (in ₹)?
- 13.The price of a bus pass changed from ₹100 to ₹190. What is the percentage increase?
- 14.What is 30% of 840?
- 15.A watch costs ₹1300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 16.What is 70% of 940?
- 17.A cycle costs ₹1300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 18.A mobile phone costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹9700 at 11% per year for 1 year (in ₹)?
- 20.What is 40% of 120?
- 21.A table bought for ₹600 is sold for ₹300. What is the loss per cent?
- 22.A cricket kit costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 23.What is 15% of 620?
- 24.A fan bought for ₹400 is sold for ₹240. What is the loss per cent?
- 25.A cricket kit costs ₹2500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 26.A watch costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 27.A shopkeeper buys a cycle for ₹350 and sells it for ₹230. What is the loss (in ₹)?
- 28.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
- 29.A fan costs ₹2400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1460. What is the profit (in ₹)?
- 31.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2070. What is the profit (in ₹)?
- 32.A shopkeeper buys a table for ₹3000 and sells it for ₹2780. What is the loss (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹500 at 8% per year for 3 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹4600 at 3% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹4300 at 5% per year for 3 years (in ₹)?
- 36.What is 95% of 480?
- 37.What is the simple interest on ₹1500 at 2% per year for 2 years (in ₹)?
- 38.A cycle costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 39.A mobile phone costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 40.A table costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
Answer key
- 25
- 5320
- 576
- 2
- 224
- 20
- 20
- 3960
- 10
- 612
- 1792
- 5376
- 90
- 252
- 1560
- 658
- 650
- 3640
- 10767
- 48
- 50
- 1170
- 93
- 40
- 2000
- 2464
- 120
- 2
- 1680
- 210
- 20
- 220
- 620
- 4738
- 645
- 456
- 60
- 480
- 4080
- 1800
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