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 35% of 400?
- 2.A table costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 3.The price of a water bottle changed from ₹50 to ₹45. What is the percentage decrease?
- 4.A cycle bought for ₹2900 is sold for ₹2320. What is the loss per cent?
- 5.What is the amount (principal + simple interest) on ₹1600 at 11% per year for 3 years (in ₹)?
- 6.A mobile phone costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 7.A shopkeeper buys a fan for ₹2800 and sells it for ₹2820. What is the profit (in ₹)?
- 8.A sewing machine bought for ₹1000 is sold for ₹500. What is the loss per cent?
- 9.What is the simple interest on ₹4900 at 6% per year for 5 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹4600 at 9% per year for 4 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹9900 at 5% per year for 3 years (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹870. What is the loss (in ₹)?
- 13.What is the simple interest on ₹2600 at 11% per year for 1 year (in ₹)?
- 14.A cycle costs ₹3600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 15.A shopkeeper buys a cooler for ₹2900 and sells it for ₹2610. What is the loss (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹8700 at 11% per year for 5 years (in ₹)?
- 17.A watch costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 18.What is 95% of 900?
- 19.A shopkeeper buys a watch for ₹2850 and sells it for ₹3060. What is the profit (in ₹)?
- 20.A sewing machine costs ₹2300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 21.The price of a water bottle changed from ₹100 to ₹80. What is the percentage decrease?
- 22.What is the simple interest on ₹3600 at 9% per year for 2 years (in ₹)?
- 23.The price of a pair of shoes changed from ₹200 to ₹320. What is the percentage increase?
- 24.What is the amount (principal + simple interest) on ₹1400 at 2% per year for 3 years (in ₹)?
- 25.What is 10% of 140?
- 26.What is the amount (principal + simple interest) on ₹1300 at 6% per year for 3 years (in ₹)?
- 27.A mobile phone bought for ₹3900 is sold for ₹1950. What is the loss per cent?
- 28.A shopkeeper buys a watch for ₹2400 and sells it for ₹2600. What is the profit (in ₹)?
- 29.What is the simple interest on ₹3300 at 11% per year for 1 year (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹900 at 3% per year for 2 years (in ₹)?
- 31.The price of a bus pass changed from ₹400 to ₹40. What is the percentage decrease?
- 32.What is 10% of 900?
- 33.What is the simple interest on ₹2800 at 3% per year for 3 years (in ₹)?
- 34.What is the simple interest on ₹2000 at 10% per year for 1 year (in ₹)?
- 35.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
- 36.What is the simple interest on ₹2000 at 4% per year for 1 year (in ₹)?
- 37.A table bought for ₹200 is sold for ₹240. What is the profit per cent?
- 38.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹1180. What is the profit (in ₹)?
- 39.A cricket kit costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 40.A fan costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
Answer key
- 140
- 1040
- 10
- 20
- 2128
- 220
- 20
- 50
- 1470
- 6256
- 11385
- 30
- 286
- 4680
- 290
- 13485
- 1650
- 855
- 210
- 2415
- 20
- 648
- 60
- 1484
- 14
- 1534
- 50
- 200
- 363
- 954
- 90
- 90
- 252
- 200
- 2
- 80
- 20
- 130
- 350
- 2750
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