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 cooler costs ₹700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 5 years (in ₹)?
- 3.What is 10% of 260?
- 4.What is the simple interest on ₹4800 at 5% per year for 3 years (in ₹)?
- 5.A fan costs ₹500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹2700 at 3% per year for 5 years (in ₹)?
- 7.What is 90% of 860?
- 8.A watch bought for ₹1500 is sold for ₹1425. What is the loss per cent?
- 9.The price of a school bag changed from ₹50 to ₹25. What is the percentage decrease?
- 10.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1790. What is the loss (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹1700 at 9% per year for 5 years (in ₹)?
- 12.What is 65% of 140?
- 13.What is the simple interest on ₹8600 at 2% per year for 4 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹3200 at 2% per year for 2 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹7400 at 11% per year for 2 years (in ₹)?
- 16.What is the simple interest on ₹1300 at 3% per year for 1 year (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹5800 at 12% per year for 4 years (in ₹)?
- 18.The price of a bus pass changed from ₹20 to ₹25. What is the percentage increase?
- 19.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹490. What is the profit (in ₹)?
- 20.A cycle costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 21.A cooler costs ₹2600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹4400 at 7% per year for 4 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹1700 at 7% per year for 4 years (in ₹)?
- 24.The price of a school bag changed from ₹250 to ₹475. What is the percentage increase?
- 25.A sewing machine costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 26.A fan bought for ₹1800 is sold for ₹2520. What is the profit per cent?
- 27.A fan bought for ₹3800 is sold for ₹3990. What is the profit per cent?
- 28.What is the simple interest on ₹7500 at 11% per year for 3 years (in ₹)?
- 29.What is the simple interest on ₹5200 at 8% per year for 5 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 5 years (in ₹)?
- 31.A shopkeeper buys a watch for ₹300 and sells it for ₹500. What is the profit (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹3800 at 8% per year for 2 years (in ₹)?
- 33.What is the simple interest on ₹1400 at 3% per year for 1 year (in ₹)?
- 34.What is 65% of 800?
- 35.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1010. What is the loss (in ₹)?
- 36.A cricket kit bought for ₹1000 is sold for ₹500. What is the loss per cent?
- 37.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
- 38.A cricket kit costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 39.A shopkeeper buys a watch for ₹1900 and sells it for ₹1830. What is the loss (in ₹)?
- 40.A watch costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 616
- 9570
- 26
- 720
- 400
- 3105
- 774
- 5
- 50
- 210
- 2465
- 91
- 688
- 3328
- 9028
- 39
- 8584
- 25
- 140
- 4340
- 3380
- 5632
- 2176
- 90
- 2816
- 40
- 5
- 2475
- 2080
- 2640
- 200
- 4408
- 42
- 520
- 90
- 50
- 10
- 475
- 70
- 2280
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