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 the amount (principal + simple interest) on ₹8600 at 11% per year for 1 year (in ₹)?
- 2.What is the simple interest on ₹9400 at 4% per year for 1 year (in ₹)?
- 3.A cricket kit bought for ₹3200 is sold for ₹4800. What is the profit per cent?
- 4.A cooler costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹4100 at 9% per year for 5 years (in ₹)?
- 6.The price of a bus pass changed from ₹50 to ₹51. What is the percentage increase?
- 7.The price of a school bag changed from ₹20 to ₹10. What is the percentage decrease?
- 8.What is the simple interest on ₹3300 at 7% per year for 4 years (in ₹)?
- 9.A mobile phone costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹550. What is the loss (in ₹)?
- 11.What is the simple interest on ₹2100 at 6% per year for 2 years (in ₹)?
- 12.A fan costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 13.A watch bought for ₹3800 is sold for ₹4940. What is the profit per cent?
- 14.A table costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 15.A cooler costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 16.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1260. What is the profit (in ₹)?
- 17.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1070. What is the loss (in ₹)?
- 18.What is 25% of 60?
- 19.A fan costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹6300 at 2% per year for 3 years (in ₹)?
- 21.A cricket kit costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 22.A watch bought for ₹2500 is sold for ₹2200. What is the loss per cent?
- 23.A cycle costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 24.The price of a bus pass changed from ₹80 to ₹140. What is the percentage increase?
- 25.The price of a cricket ball changed from ₹500 to ₹475. What is the percentage decrease?
- 26.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2510. What is the loss (in ₹)?
- 27.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2340. What is the loss (in ₹)?
- 28.What is the simple interest on ₹3000 at 5% per year for 2 years (in ₹)?
- 29.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1660. What is the profit (in ₹)?
- 30.What is 10% of 380?
- 31.What is 10% of 360?
- 32.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
- 33.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1440. What is the loss (in ₹)?
- 34.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1090. What is the loss (in ₹)?
- 35.The price of a cricket ball changed from ₹80 to ₹84. What is the percentage increase?
- 36.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2440. What is the profit (in ₹)?
- 37.A watch costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 38.The price of a box of mangoes changed from ₹40 to ₹60. What is the percentage increase?
- 39.The price of a water bottle changed from ₹100 to ₹80. What is the percentage decrease?
- 40.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1650. What is the loss (in ₹)?
Answer key
- 9546
- 376
- 50
- 4160
- 5945
- 2
- 50
- 924
- 3080
- 200
- 252
- 450
- 30
- 704
- 3240
- 60
- 180
- 15
- 490
- 378
- 2320
- 12
- 2970
- 75
- 5
- 90
- 110
- 300
- 10
- 38
- 36
- 20
- 10
- 10
- 5
- 140
- 1980
- 50
- 20
- 250
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