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 table bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 2.What is the simple interest on ₹4700 at 5% per year for 1 year (in ₹)?
- 3.A cooler bought for ₹1500 is sold for ₹1575. What is the profit per cent?
- 4.A shopkeeper buys a cricket kit for ₹1800 and sells it for ₹2040. What is the profit (in ₹)?
- 5.A sewing machine costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹8500 at 5% per year for 4 years (in ₹)?
- 7.What is 70% of 880?
- 8.What is the simple interest on ₹700 at 11% per year for 4 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹3400 at 3% per year for 4 years (in ₹)?
- 10.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1300. What is the profit (in ₹)?
- 11.The price of a water bottle changed from ₹100 to ₹80. What is the percentage decrease?
- 12.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 1 year (in ₹)?
- 13.A mobile phone bought for ₹2800 is sold for ₹3220. What is the profit per cent?
- 14.A mobile phone bought for ₹1200 is sold for ₹1140. What is the loss per cent?
- 15.What is 30% of 420?
- 16.What is 20% of 860?
- 17.A cooler costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 18.A shopkeeper buys a fan for ₹500 and sells it for ₹390. What is the loss (in ₹)?
- 19.What is 75% of 200?
- 20.What is 35% of 640?
- 21.A table costs ₹3000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹7900 at 10% per year for 1 year (in ₹)?
- 23.What is 20% of 500?
- 24.The price of a school bag changed from ₹20 to ₹25. What is the percentage increase?
- 25.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1450. What is the loss (in ₹)?
- 26.What is the simple interest on ₹3000 at 2% per year for 1 year (in ₹)?
- 27.A mobile phone bought for ₹1200 is sold for ₹1680. What is the profit per cent?
- 28.A table costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6900 at 9% per year for 1 year (in ₹)?
- 30.What is the simple interest on ₹6600 at 7% per year for 1 year (in ₹)?
- 31.What is 40% of 220?
- 32.A mobile phone bought for ₹400 is sold for ₹360. What is the loss per cent?
- 33.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
- 34.A sewing machine bought for ₹2300 is sold for ₹2070. What is the loss per cent?
- 35.A cricket kit bought for ₹2600 is sold for ₹2340. What is the loss per cent?
- 36.The price of a bus pass changed from ₹40 to ₹72. What is the percentage increase?
- 37.What is the simple interest on ₹2400 at 11% per year for 5 years (in ₹)?
- 38.What is 35% of 820?
- 39.A cricket kit bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 40.What is 20% of 600?
Answer key
- 50
- 235
- 5
- 240
- 700
- 10200
- 616
- 308
- 3808
- 250
- 20
- 6834
- 15
- 5
- 126
- 172
- 4050
- 110
- 150
- 224
- 1500
- 790
- 100
- 25
- 150
- 60
- 40
- 2280
- 7521
- 462
- 88
- 10
- 90
- 10
- 10
- 80
- 1320
- 287
- 25
- 120
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