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 table bought for ₹600 is sold for ₹540. What is the loss per cent?
- 2.What is the amount (principal + simple interest) on ₹1700 at 5% per year for 1 year (in ₹)?
- 3.A cooler costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 4.A cycle costs ₹3500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 5.A cycle bought for ₹2100 is sold for ₹2352. What is the profit per cent?
- 6.A shopkeeper buys a fan for ₹1100 and sells it for ₹1020. What is the loss (in ₹)?
- 7.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1640. What is the profit (in ₹)?
- 8.A fan costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 9.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
- 10.What is the simple interest on ₹8300 at 4% per year for 1 year (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 1 year (in ₹)?
- 12.A cricket kit costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 13.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
- 14.A table bought for ₹2700 is sold for ₹1620. What is the loss per cent?
- 15.What is the simple interest on ₹6300 at 7% per year for 5 years (in ₹)?
- 16.What is 95% of 340?
- 17.A table costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 18.A cycle bought for ₹600 is sold for ₹840. What is the profit per cent?
- 19.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 5 years (in ₹)?
- 20.What is the simple interest on ₹5200 at 8% per year for 3 years (in ₹)?
- 21.What is the simple interest on ₹9600 at 12% per year for 4 years (in ₹)?
- 22.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2350. What is the loss (in ₹)?
- 23.What is the simple interest on ₹1800 at 3% per year for 4 years (in ₹)?
- 24.What is the simple interest on ₹4400 at 2% per year for 5 years (in ₹)?
- 25.A shopkeeper buys a table for ₹800 and sells it for ₹550. What is the loss (in ₹)?
- 26.What is the simple interest on ₹3000 at 10% per year for 4 years (in ₹)?
- 27.What is the simple interest on ₹6200 at 8% per year for 5 years (in ₹)?
- 28.A shopkeeper buys a watch for ₹1800 and sells it for ₹2080. What is the profit (in ₹)?
- 29.What is the simple interest on ₹5000 at 10% per year for 3 years (in ₹)?
- 30.A cooler costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹2300 at 12% per year for 4 years (in ₹)?
- 32.A shopkeeper buys a watch for ₹2200 and sells it for ₹1980. What is the loss (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹5000 at 5% per year for 2 years (in ₹)?
- 34.A shopkeeper buys a fan for ₹1800 and sells it for ₹1760. What is the loss (in ₹)?
- 35.The price of a pair of shoes changed from ₹80 to ₹40. What is the percentage decrease?
- 36.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2350. What is the loss (in ₹)?
- 37.What is the simple interest on ₹3200 at 10% per year for 2 years (in ₹)?
- 38.A shopkeeper buys a watch for ₹1350 and sells it for ₹1550. What is the profit (in ₹)?
- 39.What is 5% of 200?
- 40.What is the simple interest on ₹6100 at 5% per year for 5 years (in ₹)?
Answer key
- 10
- 1785
- 975
- 3850
- 12
- 80
- 90
- 1260
- 60
- 332
- 2392
- 1008
- 90
- 40
- 2205
- 323
- 665
- 40
- 2720
- 1248
- 4608
- 100
- 216
- 440
- 250
- 1200
- 2480
- 280
- 1500
- 2835
- 3404
- 220
- 5500
- 40
- 50
- 200
- 640
- 200
- 10
- 1525
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