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 sewing machine bought for ₹1300 is sold for ₹1950. What is the profit per cent?
- 2.What is the simple interest on ₹7100 at 8% per year for 2 years (in ₹)?
- 3.The price of a bus pass changed from ₹500 to ₹550. What is the percentage increase?
- 4.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 5.What is the simple interest on ₹7700 at 12% per year for 2 years (in ₹)?
- 6.A shopkeeper buys a watch for ₹2300 and sells it for ₹2240. What is the loss (in ₹)?
- 7.What is 70% of 80?
- 8.What is the simple interest on ₹2700 at 12% per year for 5 years (in ₹)?
- 9.A shopkeeper buys a watch for ₹450 and sells it for ₹470. What is the profit (in ₹)?
- 10.A mobile phone bought for ₹800 is sold for ₹680. What is the loss per cent?
- 11.What is the amount (principal + simple interest) on ₹3700 at 4% per year for 2 years (in ₹)?
- 12.A watch costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 13.The price of a pair of shoes changed from ₹50 to ₹20. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹3900 at 4% per year for 5 years (in ₹)?
- 15.A cooler costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 16.What is 35% of 60?
- 17.A watch bought for ₹900 is sold for ₹1125. What is the profit per cent?
- 18.A cycle costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 19.A shopkeeper buys a watch for ₹350 and sells it for ₹460. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹5300 at 7% per year for 1 year (in ₹)?
- 21.A cricket kit costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a watch for ₹850 and sells it for ₹1080. What is the profit (in ₹)?
- 23.A shopkeeper buys a table for ₹2100 and sells it for ₹2310. What is the profit (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 5 years (in ₹)?
- 25.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2930. What is the profit (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 4 years (in ₹)?
- 27.What is 85% of 960?
- 28.A table costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 29.What is 75% of 200?
- 30.A fan costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹9900 at 4% per year for 3 years (in ₹)?
- 32.The price of a school bag changed from ₹80 to ₹140. What is the percentage increase?
- 33.What is the simple interest on ₹7100 at 3% per year for 1 year (in ₹)?
- 34.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2420. What is the loss (in ₹)?
- 35.What is 25% of 140?
- 36.A watch bought for ₹1200 is sold for ₹720. What is the loss per cent?
- 37.What is the simple interest on ₹1400 at 8% per year for 4 years (in ₹)?
- 38.A shopkeeper buys a fan for ₹650 and sells it for ₹680. What is the profit (in ₹)?
- 39.What is 25% of 820?
- 40.What is 65% of 700?
Answer key
- 50
- 1136
- 10
- 20
- 1848
- 60
- 56
- 1620
- 20
- 15
- 3996
- 1260
- 60
- 4680
- 770
- 21
- 25
- 792
- 110
- 5671
- 3600
- 230
- 210
- 5520
- 80
- 8880
- 816
- 1350
- 150
- 1080
- 1188
- 75
- 213
- 180
- 35
- 40
- 448
- 30
- 205
- 455
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