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 simple interest on ₹3600 at 7% per year for 5 years (in ₹)?
- 2.A cycle costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 3.A cooler costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 4.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1240. What is the loss (in ₹)?
- 5.The price of a box of mangoes changed from ₹200 to ₹220. What is the percentage increase?
- 6.A watch bought for ₹1300 is sold for ₹1430. What is the profit per cent?
- 7.A fan bought for ₹3300 is sold for ₹2310. What is the loss per cent?
- 8.A shopkeeper buys a fan for ₹2900 and sells it for ₹2840. What is the loss (in ₹)?
- 9.A watch costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹7100 at 6% per year for 1 year (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹6600 at 3% per year for 3 years (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 4 years (in ₹)?
- 13.A fan bought for ₹4000 is sold for ₹4800. What is the profit per cent?
- 14.The price of a water bottle changed from ₹200 to ₹196. What is the percentage decrease?
- 15.What is 35% of 760?
- 16.A table bought for ₹300 is sold for ₹150. What is the loss per cent?
- 17.What is the simple interest on ₹900 at 2% per year for 3 years (in ₹)?
- 18.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
- 19.A shopkeeper buys a table for ₹2950 and sells it for ₹3200. What is the profit (in ₹)?
- 20.The price of a water bottle changed from ₹20 to ₹24. What is the percentage increase?
- 21.A fan costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹1700 at 11% per year for 4 years (in ₹)?
- 23.A cricket kit costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 24.A cycle costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 25.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1180. What is the loss (in ₹)?
- 26.A watch bought for ₹2200 is sold for ₹2310. What is the profit per cent?
- 27.The price of a cricket ball changed from ₹200 to ₹210. What is the percentage increase?
- 28.What is the simple interest on ₹4500 at 3% per year for 3 years (in ₹)?
- 29.What is 90% of 860?
- 30.What is 10% of 560?
- 31.What is the amount (principal + simple interest) on ₹9800 at 8% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a table for ₹1350 and sells it for ₹1290. What is the loss (in ₹)?
- 33.What is 30% of 980?
- 34.What is the amount (principal + simple interest) on ₹6900 at 4% per year for 2 years (in ₹)?
- 35.What is 70% of 520?
- 36.A cricket kit costs ₹2700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 37.What is 10% of 460?
- 38.A shopkeeper buys a watch for ₹1350 and sells it for ₹1280. What is the loss (in ₹)?
- 39.A cooler bought for ₹4000 is sold for ₹2400. What is the loss per cent?
- 40.What is 30% of 480?
Answer key
- 1260
- 2992
- 3250
- 110
- 10
- 10
- 30
- 60
- 3750
- 7526
- 7194
- 1920
- 20
- 2
- 266
- 50
- 54
- 30
- 250
- 20
- 2750
- 2448
- 2565
- 2610
- 20
- 5
- 5
- 405
- 774
- 56
- 13720
- 60
- 294
- 7452
- 364
- 2295
- 46
- 70
- 40
- 144
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