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 ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 2.A watch bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 3.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1710. What is the profit (in ₹)?
- 4.A cricket kit costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹9500 at 3% per year for 4 years (in ₹)?
- 6.The price of a cricket ball changed from ₹50 to ₹80. What is the percentage increase?
- 7.What is the simple interest on ₹4400 at 3% per year for 5 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹9000 at 6% per year for 2 years (in ₹)?
- 9.A mobile phone costs ₹2700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 10.The price of a cricket ball changed from ₹80 to ₹100. What is the percentage increase?
- 11.A fan costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 12.What is 75% of 400?
- 13.The price of a pair of shoes changed from ₹400 to ₹600. What is the percentage increase?
- 14.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 3 years (in ₹)?
- 15.A fan bought for ₹3900 is sold for ₹4290. What is the profit per cent?
- 16.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1450. What is the loss (in ₹)?
- 17.A cooler costs ₹1100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 18.A shopkeeper buys a cycle for ₹200 and sells it for ₹280. What is the profit (in ₹)?
- 19.What is the simple interest on ₹8100 at 6% per year for 1 year (in ₹)?
- 20.What is the simple interest on ₹7900 at 5% per year for 1 year (in ₹)?
- 21.The price of a bus pass changed from ₹80 to ₹56. What is the percentage decrease?
- 22.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
- 23.A shopkeeper buys a watch for ₹2600 and sells it for ₹2550. What is the loss (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹4100 at 4% per year for 1 year (in ₹)?
- 25.What is the simple interest on ₹9800 at 4% per year for 5 years (in ₹)?
- 26.What is the simple interest on ₹4100 at 8% per year for 1 year (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹2250. What is the profit (in ₹)?
- 28.What is 15% of 760?
- 29.What is the amount (principal + simple interest) on ₹9600 at 4% per year for 2 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹7300 at 6% per year for 1 year (in ₹)?
- 31.What is the simple interest on ₹7100 at 12% per year for 5 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹8100 at 9% per year for 3 years (in ₹)?
- 33.A cooler costs ₹1100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 34.A fan costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹1300 at 6% per year for 5 years (in ₹)?
- 36.What is 95% of 160?
- 37.What is the amount (principal + simple interest) on ₹8900 at 12% per year for 3 years (in ₹)?
- 38.A sewing machine bought for ₹300 is sold for ₹315. What is the profit per cent?
- 39.What is 40% of 680?
- 40.A cycle bought for ₹3600 is sold for ₹3780. What is the profit per cent?
Answer key
- 1800
- 20
- 210
- 4800
- 10640
- 60
- 660
- 10080
- 3105
- 25
- 255
- 300
- 50
- 2014
- 10
- 200
- 968
- 80
- 486
- 395
- 30
- 90
- 50
- 4264
- 1960
- 328
- 250
- 114
- 10368
- 7738
- 4260
- 10287
- 1320
- 570
- 1690
- 152
- 12104
- 5
- 272
- 5
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