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 fan bought for ₹3300 is sold for ₹3795. What is the profit per cent?
- 2.The price of a bus pass changed from ₹80 to ₹76. What is the percentage decrease?
- 3.A sewing machine costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 4.The price of a bus pass changed from ₹500 to ₹650. What is the percentage increase?
- 5.What is 25% of 80?
- 6.A table bought for ₹1000 is sold for ₹1250. What is the profit per cent?
- 7.A cycle costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹2800 at 11% per year for 2 years (in ₹)?
- 9.What is the simple interest on ₹5600 at 3% per year for 4 years (in ₹)?
- 10.What is the simple interest on ₹5800 at 3% per year for 5 years (in ₹)?
- 11.What is 55% of 120?
- 12.A sewing machine bought for ₹800 is sold for ₹960. What is the profit per cent?
- 13.The price of a school bag changed from ₹80 to ₹32. What is the percentage decrease?
- 14.A watch bought for ₹2500 is sold for ₹3125. What is the profit per cent?
- 15.A table bought for ₹4000 is sold for ₹3600. What is the loss per cent?
- 16.What is 5% of 60?
- 17.The price of a pair of shoes changed from ₹400 to ₹600. What is the percentage increase?
- 18.What is the simple interest on ₹9800 at 8% per year for 5 years (in ₹)?
- 19.A shopkeeper buys a watch for ₹1200 and sells it for ₹1210. What is the profit (in ₹)?
- 20.A shopkeeper buys a table for ₹2350 and sells it for ₹2390. What is the profit (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 2 years (in ₹)?
- 22.A table bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 23.What is the amount (principal + simple interest) on ₹4200 at 2% per year for 3 years (in ₹)?
- 24.What is the simple interest on ₹4500 at 7% per year for 2 years (in ₹)?
- 25.A cooler costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 26.A shopkeeper buys a watch for ₹1500 and sells it for ₹1570. What is the profit (in ₹)?
- 27.What is 15% of 580?
- 28.A cycle costs ₹500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 29.What is 60% of 220?
- 30.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹750. What is the loss (in ₹)?
- 31.What is the simple interest on ₹1300 at 4% per year for 2 years (in ₹)?
- 32.What is 30% of 580?
- 33.What is the amount (principal + simple interest) on ₹5200 at 5% per year for 2 years (in ₹)?
- 34.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹870. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2100 at 12% per year for 2 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 4 years (in ₹)?
- 37.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 38.A cooler costs ₹800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 39.A shopkeeper buys a watch for ₹400 and sells it for ₹250. What is the loss (in ₹)?
- 40.What is the simple interest on ₹1900 at 12% per year for 5 years (in ₹)?
Answer key
- 15
- 5
- 1440
- 30
- 20
- 25
- 672
- 3416
- 672
- 870
- 66
- 20
- 60
- 25
- 10
- 3
- 50
- 3920
- 10
- 40
- 9612
- 5
- 4452
- 630
- 2625
- 70
- 87
- 575
- 132
- 300
- 104
- 174
- 5720
- 80
- 2604
- 10324
- 60
- 400
- 150
- 1140
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