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 watch bought for ₹2400 is sold for ₹2640. What is the profit per cent?
- 2.The price of a cricket ball changed from ₹20 to ₹22. What is the percentage increase?
- 3.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹870. What is the profit (in ₹)?
- 4.A mobile phone costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 5.What is 10% of 700?
- 6.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 7.A cricket kit costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹8100 at 3% per year for 1 year (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹2600 at 7% per year for 5 years (in ₹)?
- 10.A shopkeeper buys a cycle for ₹450 and sells it for ₹410. What is the loss (in ₹)?
- 11.What is 55% of 600?
- 12.What is the simple interest on ₹9400 at 7% per year for 5 years (in ₹)?
- 13.A cycle bought for ₹3500 is sold for ₹2625. What is the loss per cent?
- 14.A table costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹8500 at 5% per year for 4 years (in ₹)?
- 16.What is the simple interest on ₹5300 at 4% per year for 4 years (in ₹)?
- 17.A sewing machine bought for ₹700 is sold for ₹616. What is the loss per cent?
- 18.What is the simple interest on ₹1400 at 4% per year for 3 years (in ₹)?
- 19.A watch costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹1000 at 5% per year for 3 years (in ₹)?
- 21.What is 70% of 460?
- 22.What is the simple interest on ₹7300 at 2% per year for 1 year (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹600 at 4% per year for 1 year (in ₹)?
- 24.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
- 25.What is the amount (principal + simple interest) on ₹4100 at 7% per year for 3 years (in ₹)?
- 26.What is the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 27.A mobile phone bought for ₹1500 is sold for ₹1680. What is the profit per cent?
- 28.A cricket kit costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹7300 at 8% per year for 2 years (in ₹)?
- 30.What is the simple interest on ₹2000 at 11% per year for 1 year (in ₹)?
- 31.A shopkeeper buys a cooler for ₹300 and sells it for ₹500. What is the profit (in ₹)?
- 32.A mobile phone bought for ₹3600 is sold for ₹5040. What is the profit per cent?
- 33.What is the simple interest on ₹600 at 9% per year for 4 years (in ₹)?
- 34.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2350. What is the profit (in ₹)?
- 35.A cooler costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 36.The price of a pair of shoes changed from ₹250 to ₹450. What is the percentage increase?
- 37.A mobile phone costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹7800 at 9% per year for 2 years (in ₹)?
- 39.The price of a bus pass changed from ₹40 to ₹60. What is the percentage increase?
- 40.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2460. What is the profit (in ₹)?
Answer key
- 10
- 10
- 270
- 2520
- 70
- 20
- 1496
- 8343
- 3510
- 40
- 330
- 3290
- 25
- 5850
- 1700
- 848
- 12
- 168
- 900
- 1150
- 322
- 146
- 624
- 50
- 4961
- 400
- 12
- 1500
- 1168
- 220
- 200
- 40
- 216
- 200
- 1750
- 80
- 300
- 9204
- 50
- 210
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