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 cycle bought for ₹3700 is sold for ₹4144. What is the profit per cent?
- 2.A mobile phone costs ₹2100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 3.A cricket kit bought for ₹2100 is sold for ₹1050. What is the loss per cent?
- 4.What is the simple interest on ₹7500 at 4% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹7000 at 10% per year for 1 year (in ₹)?
- 6.A watch costs ₹700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 7.A shopkeeper buys a cooler for ₹600 and sells it for ₹440. What is the loss (in ₹)?
- 8.The price of a school bag changed from ₹500 to ₹750. What is the percentage increase?
- 9.What is the simple interest on ₹8400 at 7% per year for 5 years (in ₹)?
- 10.A sewing machine bought for ₹2300 is sold for ₹1955. What is the loss per cent?
- 11.What is the simple interest on ₹6000 at 6% per year for 4 years (in ₹)?
- 12.A table bought for ₹2000 is sold for ₹1900. What is the loss per cent?
- 13.A shopkeeper buys a fan for ₹550 and sells it for ₹270. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 2 years (in ₹)?
- 15.What is 30% of 260?
- 16.A cycle bought for ₹800 is sold for ₹896. What is the profit per cent?
- 17.What is 10% of 800?
- 18.What is the simple interest on ₹7300 at 12% per year for 1 year (in ₹)?
- 19.What is 70% of 800?
- 20.What is 25% of 520?
- 21.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
- 22.A cycle bought for ₹3300 is sold for ₹1650. What is the loss per cent?
- 23.What is the simple interest on ₹7400 at 5% per year for 2 years (in ₹)?
- 24.A cricket kit costs ₹1600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 25.A cricket kit costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 26.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1380. What is the profit (in ₹)?
- 27.The price of a water bottle changed from ₹250 to ₹350. What is the percentage increase?
- 28.What is the simple interest on ₹5900 at 6% per year for 4 years (in ₹)?
- 29.A cooler bought for ₹300 is sold for ₹336. What is the profit per cent?
- 30.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2860. What is the profit (in ₹)?
- 31.The price of a school bag changed from ₹80 to ₹60. What is the percentage decrease?
- 32.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1960. What is the profit (in ₹)?
- 33.What is 15% of 920?
- 34.What is the amount (principal + simple interest) on ₹5200 at 9% per year for 2 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹5000 at 2% per year for 1 year (in ₹)?
- 36.A table costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 37.A cooler costs ₹2600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹6400 at 10% per year for 5 years (in ₹)?
- 39.A shopkeeper buys a fan for ₹1700 and sells it for ₹1670. What is the loss (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹7300 at 3% per year for 2 years (in ₹)?
Answer key
- 12
- 2415
- 50
- 1500
- 700
- 616
- 160
- 50
- 2940
- 15
- 1440
- 5
- 280
- 8496
- 78
- 12
- 80
- 876
- 560
- 130
- 20
- 50
- 740
- 2400
- 1440
- 280
- 40
- 1416
- 12
- 60
- 25
- 60
- 138
- 6136
- 5100
- 1568
- 2210
- 9600
- 30
- 7738
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