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 sewing machine for ₹2450 and sells it for ₹2160. What is the loss (in ₹)?
- 2.A table bought for ₹2700 is sold for ₹2295. What is the loss per cent?
- 3.What is 70% of 700?
- 4.A cooler costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹2100 at 11% per year for 5 years (in ₹)?
- 6.What is 25% of 300?
- 7.A cricket kit costs ₹3800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹8700 at 8% per year for 2 years (in ₹)?
- 9.A cooler costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 10.A fan costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹8400 at 12% per year for 5 years (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹1700 at 3% per year for 5 years (in ₹)?
- 13.The price of a cricket ball changed from ₹20 to ₹32. What is the percentage increase?
- 14.The price of a water bottle changed from ₹80 to ₹20. What is the percentage decrease?
- 15.What is the amount (principal + simple interest) on ₹5500 at 8% per year for 1 year (in ₹)?
- 16.A cooler bought for ₹500 is sold for ₹560. What is the profit per cent?
- 17.What is the amount (principal + simple interest) on ₹8400 at 6% per year for 4 years (in ₹)?
- 18.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2650. What is the loss (in ₹)?
- 19.A watch costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹9200 at 10% per year for 5 years (in ₹)?
- 21.A mobile phone bought for ₹1100 is sold for ₹1155. What is the profit per cent?
- 22.A cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 23.A cricket kit costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹8100 at 12% per year for 4 years (in ₹)?
- 25.The price of a bus pass changed from ₹100 to ₹25. What is the percentage decrease?
- 26.What is 85% of 160?
- 27.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
- 28.What is the simple interest on ₹8700 at 10% per year for 5 years (in ₹)?
- 29.A table bought for ₹3800 is sold for ₹3990. What is the profit per cent?
- 30.What is the simple interest on ₹4500 at 3% per year for 4 years (in ₹)?
- 31.The price of a box of mangoes changed from ₹100 to ₹95. What is the percentage decrease?
- 32.A shopkeeper buys a table for ₹2500 and sells it for ₹2460. What is the loss (in ₹)?
- 33.What is the simple interest on ₹9100 at 8% per year for 3 years (in ₹)?
- 34.What is 45% of 140?
- 35.A shopkeeper buys a fan for ₹1250 and sells it for ₹1170. What is the loss (in ₹)?
- 36.What is 30% of 480?
- 37.What is the simple interest on ₹9400 at 11% per year for 2 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 1 year (in ₹)?
- 39.A shopkeeper buys a sewing machine for ₹3000 and sells it for ₹3270. What is the profit (in ₹)?
- 40.What is 10% of 900?
Answer key
- 290
- 15
- 490
- 3432
- 3255
- 75
- 3344
- 1392
- 3080
- 2552
- 5040
- 1955
- 60
- 75
- 5940
- 12
- 10416
- 200
- 2280
- 13800
- 5
- 1260
- 1725
- 3888
- 75
- 136
- 20
- 4350
- 5
- 540
- 5
- 40
- 2184
- 63
- 80
- 144
- 2068
- 2060
- 270
- 90
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