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 cycle bought for ₹1700 is sold for ₹1904. What is the profit per cent?
- 2.What is the simple interest on ₹2200 at 2% per year for 1 year (in ₹)?
- 3.What is the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹6500 at 4% per year for 1 year (in ₹)?
- 5.A mobile phone costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹3800 at 11% per year for 1 year (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1360. What is the profit (in ₹)?
- 8.What is the simple interest on ₹9800 at 8% per year for 1 year (in ₹)?
- 9.What is the simple interest on ₹5500 at 10% per year for 4 years (in ₹)?
- 10.What is the simple interest on ₹900 at 8% per year for 2 years (in ₹)?
- 11.What is 40% of 300?
- 12.A table bought for ₹3700 is sold for ₹3145. What is the loss per cent?
- 13.A cycle costs ₹2300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 14.A cooler costs ₹1500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹4500 at 5% per year for 2 years (in ₹)?
- 16.What is the simple interest on ₹9800 at 10% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a watch for ₹1900 and sells it for ₹2060. What is the profit (in ₹)?
- 18.What is 55% of 960?
- 19.A shopkeeper buys a cooler for ₹300 and sells it for ₹470. What is the profit (in ₹)?
- 20.What is the simple interest on ₹4800 at 4% per year for 1 year (in ₹)?
- 21.A shopkeeper buys a fan for ₹1300 and sells it for ₹1520. What is the profit (in ₹)?
- 22.A cooler bought for ₹700 is sold for ₹840. What is the profit per cent?
- 23.What is the simple interest on ₹1200 at 9% per year for 5 years (in ₹)?
- 24.What is 5% of 360?
- 25.A shopkeeper buys a watch for ₹1200 and sells it for ₹1100. What is the loss (in ₹)?
- 26.What is 5% of 120?
- 27.A cricket kit bought for ₹1200 is sold for ₹600. What is the loss per cent?
- 28.A cycle bought for ₹400 is sold for ₹200. What is the loss per cent?
- 29.A sewing machine bought for ₹4000 is sold for ₹6000. What is the profit per cent?
- 30.What is 35% of 120?
- 31.What is 15% of 140?
- 32.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2800. What is the loss (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹8300 at 2% per year for 5 years (in ₹)?
- 34.A fan costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 35.A shopkeeper buys a fan for ₹1750 and sells it for ₹1580. What is the loss (in ₹)?
- 36.A cooler bought for ₹2500 is sold for ₹3125. What is the profit per cent?
- 37.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2590. What is the profit (in ₹)?
- 38.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2530. What is the profit (in ₹)?
- 39.A mobile phone costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 40.What is 80% of 840?
Answer key
- 12
- 44
- 400
- 6760
- 4160
- 4218
- 10
- 784
- 2200
- 144
- 120
- 15
- 2990
- 750
- 450
- 1960
- 160
- 528
- 170
- 192
- 220
- 20
- 540
- 18
- 100
- 6
- 50
- 50
- 50
- 42
- 21
- 50
- 9130
- 780
- 170
- 25
- 190
- 230
- 180
- 672
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