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 sewing machine costs ₹3100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹9400 at 4% per year for 3 years (in ₹)?
- 3.A cycle bought for ₹3500 is sold for ₹2975. What is the loss per cent?
- 4.What is 90% of 360?
- 5.What is the amount (principal + simple interest) on ₹7200 at 3% per year for 5 years (in ₹)?
- 6.What is 20% of 360?
- 7.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 4 years (in ₹)?
- 8.A shopkeeper buys a cycle for ₹2200 and sells it for ₹2480. What is the profit (in ₹)?
- 9.What is 55% of 500?
- 10.What is 30% of 820?
- 11.A mobile phone bought for ₹200 is sold for ₹180. What is the loss per cent?
- 12.What is 40% of 900?
- 13.What is the simple interest on ₹4700 at 8% per year for 5 years (in ₹)?
- 14.What is the simple interest on ₹600 at 12% per year for 4 years (in ₹)?
- 15.The price of a school bag changed from ₹250 to ₹325. What is the percentage increase?
- 16.A shopkeeper buys a watch for ₹450 and sells it for ₹600. What is the profit (in ₹)?
- 17.A shopkeeper buys a table for ₹750 and sells it for ₹840. What is the profit (in ₹)?
- 18.A watch bought for ₹1100 is sold for ₹1045. What is the loss per cent?
- 19.A sewing machine costs ₹3400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 20.A mobile phone bought for ₹300 is sold for ₹345. What is the profit per cent?
- 21.What is the amount (principal + simple interest) on ₹6800 at 8% per year for 2 years (in ₹)?
- 22.What is 95% of 480?
- 23.What is 75% of 800?
- 24.A cycle costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 25.The price of a bus pass changed from ₹20 to ₹2. What is the percentage decrease?
- 26.What is 45% of 460?
- 27.The price of a water bottle changed from ₹80 to ₹140. What is the percentage increase?
- 28.A shopkeeper buys a watch for ₹1550 and sells it for ₹1670. What is the profit (in ₹)?
- 29.A mobile phone bought for ₹3900 is sold for ₹4485. What is the profit per cent?
- 30.What is 35% of 600?
- 31.A cricket kit bought for ₹2900 is sold for ₹4350. What is the profit per cent?
- 32.The price of a cricket ball changed from ₹100 to ₹101. What is the percentage increase?
- 33.What is 85% of 80?
- 34.A watch costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 35.The price of a school bag changed from ₹100 to ₹125. What is the percentage increase?
- 36.What is the amount (principal + simple interest) on ₹3600 at 9% per year for 2 years (in ₹)?
- 37.A cooler bought for ₹2900 is sold for ₹3335. What is the profit per cent?
- 38.A cricket kit bought for ₹2100 is sold for ₹1848. What is the loss per cent?
- 39.What is 60% of 240?
- 40.A table bought for ₹2700 is sold for ₹2430. What is the loss per cent?
Answer key
- 3472
- 10528
- 15
- 324
- 8280
- 72
- 10360
- 280
- 275
- 246
- 10
- 360
- 1880
- 288
- 30
- 150
- 90
- 5
- 2720
- 15
- 7888
- 456
- 600
- 1500
- 90
- 207
- 75
- 120
- 15
- 210
- 50
- 1
- 68
- 2160
- 25
- 4248
- 15
- 12
- 144
- 10
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