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 costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 2.A cricket kit bought for ₹800 is sold for ₹1200. What is the profit per cent?
- 3.What is the simple interest on ₹5400 at 5% per year for 1 year (in ₹)?
- 4.A watch bought for ₹1600 is sold for ₹1408. What is the loss per cent?
- 5.A watch costs ₹3800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 6.What is 35% of 160?
- 7.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹540. What is the loss (in ₹)?
- 8.What is 60% of 620?
- 9.What is the simple interest on ₹900 at 5% per year for 1 year (in ₹)?
- 10.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
- 11.What is the amount (principal + simple interest) on ₹4200 at 6% per year for 1 year (in ₹)?
- 12.A mobile phone costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 13.A cycle bought for ₹300 is sold for ₹375. What is the profit per cent?
- 14.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1550. What is the loss (in ₹)?
- 15.A cooler costs ₹800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 16.What is 70% of 760?
- 17.What is 75% of 420?
- 18.What is the amount (principal + simple interest) on ₹2600 at 6% per year for 5 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹900 at 3% per year for 3 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 5 years (in ₹)?
- 21.A sewing machine bought for ₹1900 is sold for ₹1615. What is the loss per cent?
- 22.A cooler bought for ₹3100 is sold for ₹1860. What is the loss per cent?
- 23.A cycle bought for ₹3800 is sold for ₹3990. What is the profit per cent?
- 24.A cycle costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 25.A cycle costs ₹4000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 26.A sewing machine bought for ₹1100 is sold for ₹990. What is the loss per cent?
- 27.A shopkeeper buys a fan for ₹200 and sells it for ₹270. What is the profit (in ₹)?
- 28.What is 65% of 900?
- 29.A watch costs ₹1900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 30.A cooler bought for ₹2800 is sold for ₹4200. What is the profit per cent?
- 31.What is 25% of 780?
- 32.A shopkeeper buys a fan for ₹1550 and sells it for ₹1490. What is the loss (in ₹)?
- 33.A shopkeeper buys a table for ₹1050 and sells it for ₹1310. What is the profit (in ₹)?
- 34.A watch costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 35.A watch bought for ₹400 is sold for ₹280. What is the loss per cent?
- 36.The price of a cricket ball changed from ₹200 to ₹260. What is the percentage increase?
- 37.What is the amount (principal + simple interest) on ₹9600 at 6% per year for 5 years (in ₹)?
- 38.What is 40% of 180?
- 39.What is 15% of 40?
- 40.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 1 year (in ₹)?
Answer key
- 1792
- 50
- 270
- 12
- 4940
- 56
- 10
- 372
- 45
- 30
- 4452
- 1040
- 25
- 150
- 400
- 532
- 315
- 3380
- 981
- 7130
- 15
- 40
- 5
- 4160
- 5200
- 10
- 70
- 585
- 1805
- 50
- 195
- 60
- 260
- 200
- 30
- 30
- 12480
- 72
- 6
- 10058
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