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 ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 2.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
- 3.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 5 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 3 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 5 years (in ₹)?
- 6.What is the simple interest on ₹8900 at 10% per year for 1 year (in ₹)?
- 7.What is 25% of 300?
- 8.What is the simple interest on ₹1400 at 10% per year for 1 year (in ₹)?
- 9.What is 70% of 640?
- 10.A cycle bought for ₹2600 is sold for ₹3380. What is the profit per cent?
- 11.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2490. What is the loss (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹6600 at 11% per year for 2 years (in ₹)?
- 13.The price of a bus pass changed from ₹250 to ₹150. What is the percentage decrease?
- 14.A watch costs ₹800. It is sold at a 10% loss. What is the selling price (in ₹)?
- 15.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
- 16.What is the simple interest on ₹6400 at 2% per year for 4 years (in ₹)?
- 17.What is 5% of 760?
- 18.What is 10% of 600?
- 19.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1230. What is the loss (in ₹)?
- 20.What is 75% of 880?
- 21.A shopkeeper buys a cooler for ₹500 and sells it for ₹680. What is the profit (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹6800 at 10% per year for 3 years (in ₹)?
- 23.A cricket kit bought for ₹1800 is sold for ₹2160. What is the profit per cent?
- 24.What is the simple interest on ₹7800 at 11% per year for 5 years (in ₹)?
- 25.The price of a bus pass changed from ₹250 to ₹125. What is the percentage decrease?
- 26.A cycle costs ₹2700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.A cycle bought for ₹1300 is sold for ₹1820. What is the profit per cent?
- 28.A cycle bought for ₹3200 is sold for ₹4480. What is the profit per cent?
- 29.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1460. What is the loss (in ₹)?
- 30.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2520. What is the profit (in ₹)?
- 31.What is the simple interest on ₹9300 at 8% per year for 1 year (in ₹)?
- 32.A cooler bought for ₹1200 is sold for ₹1500. What is the profit per cent?
- 33.What is the simple interest on ₹7300 at 7% per year for 5 years (in ₹)?
- 34.What is 80% of 520?
- 35.What is the simple interest on ₹8200 at 10% per year for 3 years (in ₹)?
- 36.A cycle costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹700 at 2% per year for 3 years (in ₹)?
- 38.The price of a box of mangoes changed from ₹250 to ₹100. What is the percentage decrease?
- 39.A cricket kit bought for ₹2100 is sold for ₹2625. What is the profit per cent?
- 40.A sewing machine bought for ₹2300 is sold for ₹1955. What is the loss per cent?
Answer key
- 250
- 25
- 3080
- 2071
- 7475
- 890
- 75
- 140
- 448
- 30
- 210
- 8052
- 40
- 720
- 30
- 512
- 38
- 60
- 170
- 660
- 180
- 8840
- 20
- 4290
- 50
- 2295
- 40
- 40
- 90
- 70
- 744
- 25
- 2555
- 416
- 2460
- 380
- 742
- 60
- 25
- 15
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