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 watch costs ₹2600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 2.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹2650. What is the loss (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 2 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 1 year (in ₹)?
- 5.A table bought for ₹2800 is sold for ₹1960. What is the loss per cent?
- 6.What is 85% of 600?
- 7.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2880. What is the profit (in ₹)?
- 8.A shopkeeper buys a cooler for ₹2100 and sells it for ₹2380. What is the profit (in ₹)?
- 9.What is 5% of 1000?
- 10.What is the amount (principal + simple interest) on ₹9800 at 8% per year for 1 year (in ₹)?
- 11.The price of a cricket ball changed from ₹40 to ₹50. What is the percentage increase?
- 12.A shopkeeper buys a cycle for ₹400 and sells it for ₹700. What is the profit (in ₹)?
- 13.What is the simple interest on ₹8800 at 8% per year for 5 years (in ₹)?
- 14.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1330. What is the loss (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹1150 and sells it for ₹1010. What is the loss (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹6200 at 9% per year for 1 year (in ₹)?
- 17.The price of a cricket ball changed from ₹200 to ₹80. What is the percentage decrease?
- 18.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1690. What is the profit (in ₹)?
- 19.A cricket kit costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8000 at 6% per year for 4 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹2100 at 9% per year for 4 years (in ₹)?
- 22.What is the simple interest on ₹9100 at 6% per year for 4 years (in ₹)?
- 23.What is 80% of 540?
- 24.A fan costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹700 at 7% per year for 5 years (in ₹)?
- 26.A watch costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 27.A cooler costs ₹1700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹8100 at 2% per year for 2 years (in ₹)?
- 29.The price of a school bag changed from ₹200 to ₹380. What is the percentage increase?
- 30.What is the amount (principal + simple interest) on ₹5500 at 5% per year for 2 years (in ₹)?
- 31.A table bought for ₹1000 is sold for ₹700. What is the loss per cent?
- 32.A mobile phone costs ₹2600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹4200 at 10% per year for 2 years (in ₹)?
- 34.A sewing machine costs ₹2000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 35.A cycle bought for ₹3700 is sold for ₹3256. What is the loss per cent?
- 36.A fan bought for ₹2500 is sold for ₹2800. What is the profit per cent?
- 37.A watch bought for ₹3800 is sold for ₹4750. What is the profit per cent?
- 38.A cricket kit bought for ₹2600 is sold for ₹2990. What is the profit per cent?
- 39.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
- 40.What is the amount (principal + simple interest) on ₹4700 at 7% per year for 2 years (in ₹)?
Answer key
- 3380
- 250
- 9010
- 1210
- 30
- 510
- 130
- 280
- 50
- 10584
- 25
- 300
- 3520
- 120
- 140
- 6758
- 60
- 90
- 1760
- 9920
- 2856
- 2184
- 432
- 2790
- 245
- 1008
- 1615
- 8424
- 90
- 6050
- 30
- 2470
- 5040
- 2500
- 12
- 12
- 25
- 15
- 20
- 5358
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