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 cricket kit costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹7800 at 3% per year for 1 year (in ₹)?
- 3.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2750. What is the loss (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹9600 at 2% per year for 4 years (in ₹)?
- 5.What is the simple interest on ₹9400 at 12% per year for 4 years (in ₹)?
- 6.A watch bought for ₹800 is sold for ₹920. What is the profit per cent?
- 7.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 1 year (in ₹)?
- 8.A cooler costs ₹1600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹4800 at 5% per year for 5 years (in ₹)?
- 10.What is 95% of 940?
- 11.A mobile phone costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a cooler for ₹250 and sells it for ₹330. What is the profit (in ₹)?
- 13.What is 15% of 260?
- 14.A sewing machine costs ₹1500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹1800 at 5% per year for 4 years (in ₹)?
- 16.A cycle costs ₹2500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹8000 at 10% per year for 4 years (in ₹)?
- 18.A sewing machine bought for ₹2400 is sold for ₹2688. What is the profit per cent?
- 19.The price of a bus pass changed from ₹80 to ₹48. What is the percentage decrease?
- 20.A cooler bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 21.What is the amount (principal + simple interest) on ₹7800 at 2% per year for 1 year (in ₹)?
- 22.What is 20% of 280?
- 23.What is the simple interest on ₹500 at 8% per year for 2 years (in ₹)?
- 24.A watch bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 25.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 3 years (in ₹)?
- 26.What is the simple interest on ₹5100 at 9% per year for 5 years (in ₹)?
- 27.What is 70% of 980?
- 28.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3070. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹9700 at 11% per year for 5 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹2100 at 11% per year for 3 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹8300 at 9% per year for 3 years (in ₹)?
- 32.A fan bought for ₹2900 is sold for ₹4060. What is the profit per cent?
- 33.The price of a water bottle changed from ₹400 to ₹100. What is the percentage decrease?
- 34.The price of a cricket ball changed from ₹20 to ₹28. What is the percentage increase?
- 35.What is the amount (principal + simple interest) on ₹6700 at 3% per year for 5 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 3 years (in ₹)?
- 37.A table bought for ₹200 is sold for ₹280. What is the profit per cent?
- 38.What is the simple interest on ₹9000 at 5% per year for 1 year (in ₹)?
- 39.A fan costs ₹2700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 40.A cooler costs ₹700. It is sold at a 25% loss. What is the selling price (in ₹)?
Answer key
- 570
- 8034
- 50
- 10368
- 4512
- 15
- 2530
- 800
- 6000
- 893
- 3920
- 80
- 39
- 2100
- 360
- 3500
- 11200
- 12
- 40
- 5
- 7956
- 56
- 80
- 12
- 9856
- 2295
- 686
- 70
- 15035
- 2793
- 10541
- 40
- 75
- 40
- 7705
- 6630
- 40
- 450
- 1890
- 525
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