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 ₹2700 at 11% per year for 1 year (in ₹)?
- 2.The price of a water bottle changed from ₹200 to ₹210. What is the percentage increase?
- 3.A mobile phone costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 4.A sewing machine costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 5.What is 5% of 200?
- 6.A shopkeeper buys a watch for ₹400 and sells it for ₹220. What is the loss (in ₹)?
- 7.What is 25% of 540?
- 8.A sewing machine costs ₹1500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 9.The price of a water bottle changed from ₹80 to ₹16. What is the percentage decrease?
- 10.A watch bought for ₹400 is sold for ₹240. What is the loss per cent?
- 11.What is 45% of 580?
- 12.What is the simple interest on ₹6100 at 12% per year for 2 years (in ₹)?
- 13.A fan costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 14.A cycle costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹710. What is the profit (in ₹)?
- 16.What is 30% of 40?
- 17.What is 85% of 920?
- 18.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
- 19.A sewing machine bought for ₹3700 is sold for ₹2220. What is the loss per cent?
- 20.A mobile phone bought for ₹1300 is sold for ₹1820. What is the profit per cent?
- 21.A shopkeeper buys a cooler for ₹700 and sells it for ₹770. What is the profit (in ₹)?
- 22.A watch costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹9200 at 2% per year for 4 years (in ₹)?
- 24.What is 30% of 700?
- 25.A table bought for ₹1300 is sold for ₹975. What is the loss per cent?
- 26.A watch costs ₹2500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 5 years (in ₹)?
- 28.A fan bought for ₹3100 is sold for ₹3472. What is the profit per cent?
- 29.What is the simple interest on ₹500 at 2% per year for 1 year (in ₹)?
- 30.What is the simple interest on ₹4600 at 7% per year for 2 years (in ₹)?
- 31.A fan bought for ₹3600 is sold for ₹3420. What is the loss per cent?
- 32.A cycle bought for ₹400 is sold for ₹460. What is the profit per cent?
- 33.What is the simple interest on ₹3900 at 5% per year for 4 years (in ₹)?
- 34.A cooler costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹8000 at 5% per year for 4 years (in ₹)?
- 36.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1760. What is the profit (in ₹)?
- 37.A sewing machine costs ₹3800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a table for ₹2000 and sells it for ₹1710. What is the loss (in ₹)?
- 40.A shopkeeper buys a table for ₹2000 and sells it for ₹2170. What is the profit (in ₹)?
Answer key
- 297
- 5
- 4250
- 595
- 10
- 180
- 135
- 1050
- 80
- 40
- 261
- 1464
- 1170
- 1200
- 260
- 12
- 782
- 20
- 40
- 40
- 70
- 4810
- 736
- 210
- 25
- 2375
- 2160
- 12
- 10
- 644
- 5
- 15
- 780
- 1120
- 1600
- 10
- 2660
- 8680
- 290
- 170
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