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 shopkeeper buys a cycle for ₹2650 and sells it for ₹2700. What is the profit (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹10000 at 2% per year for 4 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹700 at 2% per year for 5 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 1 year (in ₹)?
- 5.A mobile phone costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹9500 at 9% per year for 5 years (in ₹)?
- 7.What is the simple interest on ₹7600 at 11% per year for 1 year (in ₹)?
- 8.What is 35% of 200?
- 9.What is 65% of 700?
- 10.What is the simple interest on ₹3300 at 3% per year for 5 years (in ₹)?
- 11.What is 10% of 480?
- 12.What is 20% of 520?
- 13.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
- 14.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
- 15.What is the amount (principal + simple interest) on ₹1400 at 8% per year for 1 year (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹2900 at 4% per year for 1 year (in ₹)?
- 17.What is 45% of 300?
- 18.What is the simple interest on ₹6400 at 2% per year for 5 years (in ₹)?
- 19.A cricket kit bought for ₹400 is sold for ₹200. What is the loss per cent?
- 20.What is 35% of 380?
- 21.The price of a water bottle changed from ₹500 to ₹900. What is the percentage increase?
- 22.What is the simple interest on ₹7400 at 8% per year for 2 years (in ₹)?
- 23.A sewing machine costs ₹3900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 24.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
- 25.A cricket kit bought for ₹1500 is sold for ₹1725. What is the profit per cent?
- 26.A sewing machine costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 27.A cooler bought for ₹2700 is sold for ₹2970. What is the profit per cent?
- 28.What is the simple interest on ₹4900 at 5% per year for 5 years (in ₹)?
- 29.The price of a pair of shoes changed from ₹50 to ₹75. What is the percentage increase?
- 30.What is the simple interest on ₹5700 at 2% per year for 1 year (in ₹)?
- 31.A mobile phone costs ₹3600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 32.What is 75% of 720?
- 33.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹770. What is the profit (in ₹)?
- 34.A fan costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 35.What is 95% of 260?
- 36.What is 65% of 600?
- 37.The price of a bus pass changed from ₹500 to ₹250. What is the percentage decrease?
- 38.What is the simple interest on ₹4000 at 4% per year for 1 year (in ₹)?
- 39.A mobile phone costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 40.A cooler costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
Answer key
- 50
- 10800
- 770
- 1430
- 3080
- 4275
- 836
- 70
- 455
- 495
- 48
- 104
- 2
- 90
- 1512
- 3016
- 135
- 640
- 50
- 133
- 80
- 1184
- 5070
- 30
- 15
- 180
- 10
- 1225
- 50
- 114
- 4500
- 540
- 20
- 3330
- 247
- 390
- 50
- 160
- 1650
- 300
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