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 watch bought for ₹300 is sold for ₹264. What is the loss per cent?
- 2.A fan bought for ₹700 is sold for ₹980. What is the profit per cent?
- 3.A cooler bought for ₹1400 is sold for ₹2100. What is the profit per cent?
- 4.The price of a school bag changed from ₹200 to ₹204. What is the percentage increase?
- 5.A mobile phone costs ₹3900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹6600 at 4% per year for 3 years (in ₹)?
- 7.What is 30% of 980?
- 8.What is the simple interest on ₹4300 at 11% per year for 3 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 4 years (in ₹)?
- 10.A sewing machine costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹5000 at 10% per year for 5 years (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹5100 at 12% per year for 4 years (in ₹)?
- 13.What is 95% of 420?
- 14.A cycle costs ₹2200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 15.A sewing machine costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 2 years (in ₹)?
- 17.A cricket kit costs ₹2700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹8400 at 11% per year for 1 year (in ₹)?
- 19.A shopkeeper buys a cycle for ₹600 and sells it for ₹620. What is the profit (in ₹)?
- 20.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2230. What is the loss (in ₹)?
- 21.What is the simple interest on ₹4100 at 3% per year for 2 years (in ₹)?
- 22.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
- 23.What is the simple interest on ₹7300 at 5% per year for 1 year (in ₹)?
- 24.What is the simple interest on ₹8100 at 7% per year for 3 years (in ₹)?
- 25.The price of a bus pass changed from ₹500 to ₹600. What is the percentage increase?
- 26.A cricket kit bought for ₹2300 is sold for ₹2415. What is the profit per cent?
- 27.What is the amount (principal + simple interest) on ₹8700 at 11% per year for 4 years (in ₹)?
- 28.The price of a water bottle changed from ₹80 to ₹8. What is the percentage decrease?
- 29.What is 35% of 500?
- 30.What is the amount (principal + simple interest) on ₹6300 at 10% per year for 2 years (in ₹)?
- 31.What is the simple interest on ₹1900 at 6% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a fan for ₹1950 and sells it for ₹2050. What is the profit (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹7300 at 11% per year for 2 years (in ₹)?
- 34.What is 85% of 920?
- 35.A fan bought for ₹3900 is sold for ₹5070. What is the profit per cent?
- 36.A shopkeeper buys a fan for ₹2450 and sells it for ₹2410. What is the loss (in ₹)?
- 37.A cricket kit bought for ₹2700 is sold for ₹1350. What is the loss per cent?
- 38.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1380. What is the profit (in ₹)?
- 39.A cricket kit costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 40.The price of a school bag changed from ₹250 to ₹475. What is the percentage increase?
Answer key
- 12
- 40
- 50
- 2
- 4680
- 792
- 294
- 1419
- 7308
- 3900
- 2500
- 7548
- 399
- 2464
- 1900
- 7906
- 2025
- 924
- 20
- 20
- 246
- 80
- 365
- 1701
- 20
- 5
- 12528
- 90
- 175
- 7560
- 228
- 100
- 8906
- 782
- 30
- 40
- 50
- 130
- 440
- 90
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