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 ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 2.The price of a pair of shoes changed from ₹40 to ₹36. What is the percentage decrease?
- 3.A shopkeeper buys a fan for ₹1950 and sells it for ₹1670. What is the loss (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 4 years (in ₹)?
- 5.The price of a cricket ball changed from ₹80 to ₹32. What is the percentage decrease?
- 6.A shopkeeper buys a watch for ₹1500 and sells it for ₹1300. What is the loss (in ₹)?
- 7.What is 60% of 580?
- 8.What is the amount (principal + simple interest) on ₹1800 at 4% per year for 1 year (in ₹)?
- 9.A shopkeeper buys a table for ₹2650 and sells it for ₹2680. What is the profit (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1500 at 6% per year for 4 years (in ₹)?
- 11.What is 65% of 240?
- 12.A watch costs ₹1300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 13.A watch costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 14.What is 60% of 840?
- 15.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2970. What is the profit (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 1 year (in ₹)?
- 17.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1910. What is the profit (in ₹)?
- 18.A fan costs ₹2300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹6900 at 5% per year for 2 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹6600 at 9% per year for 4 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹2500 at 9% per year for 4 years (in ₹)?
- 22.What is the simple interest on ₹8300 at 8% per year for 3 years (in ₹)?
- 23.A cycle bought for ₹1700 is sold for ₹1785. What is the profit per cent?
- 24.A cooler bought for ₹2600 is sold for ₹2990. What is the profit per cent?
- 25.A table bought for ₹2500 is sold for ₹2800. What is the profit per cent?
- 26.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 1 year (in ₹)?
- 27.What is 40% of 100?
- 28.What is the amount (principal + simple interest) on ₹2900 at 11% per year for 1 year (in ₹)?
- 29.What is 70% of 640?
- 30.What is the amount (principal + simple interest) on ₹1900 at 7% per year for 1 year (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹9200 at 5% per year for 4 years (in ₹)?
- 32.What is the simple interest on ₹3700 at 2% per year for 3 years (in ₹)?
- 33.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2380. What is the profit (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹8600 at 12% per year for 2 years (in ₹)?
- 35.A mobile phone bought for ₹3300 is sold for ₹2475. What is the loss per cent?
- 36.What is the amount (principal + simple interest) on ₹9600 at 12% per year for 4 years (in ₹)?
- 37.A cycle bought for ₹1300 is sold for ₹1560. What is the profit per cent?
- 38.What is the simple interest on ₹1900 at 5% per year for 4 years (in ₹)?
- 39.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
- 40.What is the simple interest on ₹6200 at 4% per year for 3 years (in ₹)?
Answer key
- 700
- 10
- 280
- 2464
- 60
- 200
- 348
- 1872
- 30
- 1860
- 156
- 1495
- 1680
- 504
- 120
- 2987
- 160
- 1610
- 690
- 8976
- 3400
- 1992
- 5
- 15
- 12
- 2080
- 40
- 3219
- 448
- 2033
- 11040
- 222
- 80
- 10664
- 25
- 14208
- 20
- 380
- 80
- 744
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