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.What is the simple interest on ₹8500 at 9% per year for 4 years (in ₹)?
- 2.A cycle costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 3.A cycle bought for ₹1600 is sold for ₹1792. What is the profit per cent?
- 4.A cooler bought for ₹3200 is sold for ₹2560. What is the loss per cent?
- 5.A mobile phone costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 6.The price of a water bottle changed from ₹20 to ₹38. What is the percentage increase?
- 7.What is 30% of 1000?
- 8.A cricket kit costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 9.What is 35% of 100?
- 10.A table costs ₹3700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 11.What is 15% of 500?
- 12.What is the simple interest on ₹7700 at 10% per year for 5 years (in ₹)?
- 13.What is the simple interest on ₹8300 at 2% per year for 2 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹6600 at 11% per year for 2 years (in ₹)?
- 15.The price of a school bag changed from ₹200 to ₹350. What is the percentage increase?
- 16.The price of a pair of shoes changed from ₹100 to ₹90. What is the percentage decrease?
- 17.A fan bought for ₹1500 is sold for ₹1875. What is the profit per cent?
- 18.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 2 years (in ₹)?
- 19.What is 15% of 300?
- 20.What is the amount (principal + simple interest) on ₹6100 at 9% per year for 1 year (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2590. What is the profit (in ₹)?
- 22.A mobile phone costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹800 at 4% per year for 5 years (in ₹)?
- 24.A table costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 25.A sewing machine bought for ₹400 is sold for ₹560. What is the profit per cent?
- 26.What is the amount (principal + simple interest) on ₹5800 at 5% per year for 1 year (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹1060. What is the profit (in ₹)?
- 28.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
- 29.What is the simple interest on ₹1800 at 11% per year for 5 years (in ₹)?
- 30.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2760. What is the loss (in ₹)?
- 31.A shopkeeper buys a fan for ₹2000 and sells it for ₹1820. What is the loss (in ₹)?
- 32.A mobile phone bought for ₹1400 is sold for ₹1260. What is the loss per cent?
- 33.The price of a bus pass changed from ₹20 to ₹14. What is the percentage decrease?
- 34.What is the simple interest on ₹9900 at 9% per year for 5 years (in ₹)?
- 35.What is 60% of 300?
- 36.A cooler costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 37.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1840. What is the profit (in ₹)?
- 38.A mobile phone bought for ₹600 is sold for ₹672. What is the profit per cent?
- 39.A cricket kit costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 40.A cycle costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
Answer key
- 3060
- 600
- 12
- 20
- 5400
- 90
- 300
- 3600
- 35
- 5180
- 75
- 3850
- 332
- 8052
- 75
- 10
- 25
- 7480
- 45
- 6649
- 140
- 3250
- 960
- 2945
- 40
- 6090
- 110
- 25
- 990
- 40
- 180
- 10
- 30
- 4455
- 180
- 2890
- 90
- 12
- 1600
- 1200
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