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 ₹700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.What is 5% of 1000?
- 3.What is the simple interest on ₹6800 at 2% per year for 3 years (in ₹)?
- 4.What is the simple interest on ₹1300 at 11% per year for 1 year (in ₹)?
- 5.A fan costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 6.What is 60% of 700?
- 7.A shopkeeper buys a table for ₹250 and sells it for ₹80. What is the loss (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹3800 at 2% per year for 1 year (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2770. What is the profit (in ₹)?
- 10.A cycle bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 11.The price of a pair of shoes changed from ₹40 to ₹24. What is the percentage decrease?
- 12.What is the amount (principal + simple interest) on ₹9100 at 10% per year for 1 year (in ₹)?
- 13.A sewing machine costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 14.A fan costs ₹600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 15.The price of a bus pass changed from ₹80 to ₹8. What is the percentage decrease?
- 16.What is 55% of 220?
- 17.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
- 18.What is 30% of 420?
- 19.A shopkeeper buys a fan for ₹2700 and sells it for ₹2430. What is the loss (in ₹)?
- 20.A shopkeeper buys a table for ₹1950 and sells it for ₹1810. What is the loss (in ₹)?
- 21.A shopkeeper buys a fan for ₹1650 and sells it for ₹1690. What is the profit (in ₹)?
- 22.A shopkeeper buys a watch for ₹1400 and sells it for ₹1140. What is the loss (in ₹)?
- 23.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
- 24.What is 5% of 160?
- 25.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹240. What is the loss (in ₹)?
- 26.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2220. What is the loss (in ₹)?
- 27.What is the simple interest on ₹9300 at 6% per year for 1 year (in ₹)?
- 28.What is 15% of 820?
- 29.What is the amount (principal + simple interest) on ₹5400 at 7% per year for 5 years (in ₹)?
- 30.A fan bought for ₹1800 is sold for ₹2016. What is the profit per cent?
- 31.A mobile phone costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 4 years (in ₹)?
- 33.The price of a school bag changed from ₹500 to ₹625. What is the percentage increase?
- 34.What is the amount (principal + simple interest) on ₹5300 at 7% per year for 5 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹7500 at 10% per year for 2 years (in ₹)?
- 36.A mobile phone costs ₹3000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹5700 at 3% per year for 1 year (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 5 years (in ₹)?
- 39.What is 20% of 400?
- 40.What is the amount (principal + simple interest) on ₹900 at 10% per year for 1 year (in ₹)?
Answer key
- 616
- 50
- 408
- 143
- 4140
- 420
- 170
- 3876
- 20
- 5
- 40
- 10010
- 950
- 528
- 90
- 121
- 50
- 126
- 270
- 140
- 40
- 260
- 60
- 8
- 110
- 80
- 558
- 123
- 7290
- 12
- 475
- 7168
- 25
- 7155
- 9000
- 1500
- 171
- 3875
- 80
- 990
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