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.What is 60% of 680?
- 2.A shopkeeper buys a cycle for ₹950 and sells it for ₹780. What is the loss (in ₹)?
- 3.What is the simple interest on ₹1900 at 3% per year for 2 years (in ₹)?
- 4.What is 30% of 660?
- 5.What is the amount (principal + simple interest) on ₹7600 at 2% per year for 2 years (in ₹)?
- 6.A cricket kit costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 7.A watch bought for ₹1100 is sold for ₹968. What is the loss per cent?
- 8.A cycle bought for ₹3000 is sold for ₹2850. What is the loss per cent?
- 9.A shopkeeper buys a cooler for ₹850 and sells it for ₹910. What is the profit (in ₹)?
- 10.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1920. What is the loss (in ₹)?
- 11.A shopkeeper buys a cycle for ₹650 and sells it for ₹460. What is the loss (in ₹)?
- 12.A shopkeeper buys a table for ₹1850 and sells it for ₹2050. What is the profit (in ₹)?
- 13.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹100. What is the loss (in ₹)?
- 14.What is the simple interest on ₹2100 at 12% per year for 1 year (in ₹)?
- 15.A shopkeeper buys a watch for ₹450 and sells it for ₹440. What is the loss (in ₹)?
- 16.A fan bought for ₹2500 is sold for ₹3500. What is the profit per cent?
- 17.What is the simple interest on ₹8500 at 12% per year for 2 years (in ₹)?
- 18.What is 10% of 260?
- 19.A cooler costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 3 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹600 at 7% per year for 2 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹7000 at 10% per year for 5 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 2 years (in ₹)?
- 24.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?
- 25.A fan costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹7200 at 7% per year for 4 years (in ₹)?
- 27.The price of a school bag changed from ₹80 to ₹128. What is the percentage increase?
- 28.What is 15% of 920?
- 29.A shopkeeper buys a table for ₹2650 and sells it for ₹2490. What is the loss (in ₹)?
- 30.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1780. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 1 year (in ₹)?
- 32.What is 95% of 180?
- 33.The price of a box of mangoes changed from ₹50 to ₹25. What is the percentage decrease?
- 34.What is the amount (principal + simple interest) on ₹6600 at 10% per year for 2 years (in ₹)?
- 35.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹1100. What is the profit (in ₹)?
- 36.What is 40% of 240?
- 37.What is the amount (principal + simple interest) on ₹6500 at 6% per year for 4 years (in ₹)?
- 38.A mobile phone bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 39.What is 95% of 940?
- 40.What is the amount (principal + simple interest) on ₹4900 at 12% per year for 4 years (in ₹)?
Answer key
- 408
- 170
- 114
- 198
- 7904
- 525
- 12
- 5
- 60
- 80
- 190
- 200
- 100
- 252
- 10
- 40
- 2040
- 26
- 805
- 10660
- 684
- 10500
- 3224
- 80
- 1750
- 9216
- 60
- 138
- 160
- 30
- 1166
- 171
- 50
- 7920
- 250
- 96
- 8060
- 25
- 893
- 7252
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