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 ₹3000 at 10% per year for 1 year (in ₹)?
- 2.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
- 3.What is the simple interest on ₹6300 at 3% per year for 4 years (in ₹)?
- 4.What is the simple interest on ₹1900 at 9% per year for 2 years (in ₹)?
- 5.A sewing machine bought for ₹1300 is sold for ₹1560. What is the profit per cent?
- 6.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1280. What is the profit (in ₹)?
- 7.A shopkeeper buys a fan for ₹2000 and sells it for ₹1940. What is the loss (in ₹)?
- 8.A cycle costs ₹3400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.A table costs ₹1000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 10.What is the simple interest on ₹2100 at 11% per year for 1 year (in ₹)?
- 11.A shopkeeper buys a cycle for ₹1400 and sells it for ₹1220. What is the loss (in ₹)?
- 12.What is the simple interest on ₹7100 at 4% per year for 3 years (in ₹)?
- 13.What is the simple interest on ₹2300 at 11% per year for 3 years (in ₹)?
- 14.What is 65% of 260?
- 15.A watch costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 16.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 17.A cricket kit bought for ₹3300 is sold for ₹3795. What is the profit per cent?
- 18.A shopkeeper buys a cycle for ₹450 and sells it for ₹280. What is the loss (in ₹)?
- 19.A watch costs ₹1700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 20.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2460. What is the profit (in ₹)?
- 21.What is the simple interest on ₹7800 at 11% per year for 5 years (in ₹)?
- 22.What is the simple interest on ₹1200 at 11% per year for 4 years (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹1140. What is the profit (in ₹)?
- 24.A shopkeeper buys a fan for ₹2500 and sells it for ₹2640. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 5 years (in ₹)?
- 26.A sewing machine bought for ₹2700 is sold for ₹2160. What is the loss per cent?
- 27.A fan costs ₹1400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 28.The price of a water bottle changed from ₹250 to ₹255. What is the percentage increase?
- 29.A cricket kit bought for ₹3600 is sold for ₹2520. What is the loss per cent?
- 30.The price of a box of mangoes changed from ₹80 to ₹128. What is the percentage increase?
- 31.The price of a cricket ball changed from ₹50 to ₹65. What is the percentage increase?
- 32.A watch bought for ₹2300 is sold for ₹3220. What is the profit per cent?
- 33.What is 35% of 40?
- 34.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
- 35.What is 45% of 260?
- 36.The price of a school bag changed from ₹400 to ₹360. What is the percentage decrease?
- 37.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
- 38.What is 10% of 680?
- 39.A shopkeeper buys a fan for ₹850 and sells it for ₹650. What is the loss (in ₹)?
- 40.A cooler costs ₹2000. It is sold at a 10% loss. What is the selling price (in ₹)?
Answer key
- 300
- 10
- 756
- 342
- 20
- 30
- 60
- 3230
- 1400
- 231
- 180
- 852
- 759
- 169
- 420
- 40
- 15
- 170
- 2040
- 10
- 4290
- 528
- 190
- 140
- 3190
- 20
- 840
- 2
- 30
- 60
- 30
- 40
- 14
- 40
- 117
- 10
- 60
- 68
- 200
- 1800
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