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 bought for ₹2300 is sold for ₹1840. What is the loss per cent?
- 2.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 5 years (in ₹)?
- 3.A shopkeeper buys a watch for ₹750 and sells it for ₹940. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹3700 at 10% per year for 5 years (in ₹)?
- 5.What is 20% of 660?
- 6.What is the simple interest on ₹5400 at 2% per year for 1 year (in ₹)?
- 7.The price of a school bag changed from ₹50 to ₹10. What is the percentage decrease?
- 8.A shopkeeper buys a table for ₹2850 and sells it for ₹2620. What is the loss (in ₹)?
- 9.A watch bought for ₹3100 is sold for ₹3720. What is the profit per cent?
- 10.A fan bought for ₹200 is sold for ₹250. What is the profit per cent?
- 11.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 2 years (in ₹)?
- 12.What is the simple interest on ₹4000 at 3% per year for 1 year (in ₹)?
- 13.A watch bought for ₹4000 is sold for ₹4400. What is the profit per cent?
- 14.A watch bought for ₹2000 is sold for ₹1600. What is the loss per cent?
- 15.A cricket kit bought for ₹1300 is sold for ₹780. What is the loss per cent?
- 16.A cooler costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹4700 at 7% per year for 1 year (in ₹)?
- 18.A cooler bought for ₹3900 is sold for ₹4485. What is the profit per cent?
- 19.What is the simple interest on ₹6700 at 10% per year for 3 years (in ₹)?
- 20.What is the simple interest on ₹7600 at 12% per year for 4 years (in ₹)?
- 21.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹440. What is the loss (in ₹)?
- 22.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
- 23.What is the simple interest on ₹6400 at 4% per year for 3 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1900 at 10% per year for 4 years (in ₹)?
- 25.A sewing machine costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.A shopkeeper buys a cycle for ₹450 and sells it for ₹360. What is the loss (in ₹)?
- 27.The price of a box of mangoes changed from ₹40 to ₹64. What is the percentage increase?
- 28.A cycle bought for ₹700 is sold for ₹665. What is the loss per cent?
- 29.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
- 30.A cycle costs ₹3300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 31.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
- 32.A shopkeeper buys a fan for ₹2050 and sells it for ₹2250. What is the profit (in ₹)?
- 33.A watch costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹7200 at 5% per year for 5 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹900 at 6% per year for 1 year (in ₹)?
- 36.What is the simple interest on ₹3100 at 4% per year for 3 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4900 at 3% per year for 2 years (in ₹)?
- 38.What is the simple interest on ₹1600 at 12% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 1 year (in ₹)?
- 40.What is 35% of 760?
Answer key
- 20
- 11020
- 190
- 5550
- 132
- 108
- 80
- 230
- 20
- 25
- 7906
- 120
- 10
- 20
- 40
- 1792
- 329
- 15
- 2010
- 3648
- 260
- 10
- 768
- 2660
- 1980
- 90
- 60
- 5
- 60
- 1650
- 20
- 200
- 2420
- 9000
- 954
- 372
- 5194
- 384
- 3296
- 266
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