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 cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 2.What is 75% of 280?
- 3.What is the amount (principal + simple interest) on ₹4300 at 7% per year for 2 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹2800 at 8% per year for 2 years (in ₹)?
- 5.What is the simple interest on ₹500 at 12% per year for 3 years (in ₹)?
- 6.What is the simple interest on ₹7300 at 5% per year for 2 years (in ₹)?
- 7.What is 25% of 140?
- 8.A shopkeeper buys a table for ₹1800 and sells it for ₹1980. What is the profit (in ₹)?
- 9.A shopkeeper buys a cycle for ₹950 and sells it for ₹810. What is the loss (in ₹)?
- 10.What is 40% of 200?
- 11.A fan bought for ₹200 is sold for ₹210. What is the profit per cent?
- 12.What is the amount (principal + simple interest) on ₹2400 at 4% per year for 5 years (in ₹)?
- 13.A fan costs ₹1300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 14.A cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 15.The price of a school bag changed from ₹500 to ₹550. What is the percentage increase?
- 16.What is the simple interest on ₹4100 at 3% per year for 3 years (in ₹)?
- 17.The price of a water bottle changed from ₹100 to ₹90. What is the percentage decrease?
- 18.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
- 19.What is the simple interest on ₹8600 at 9% per year for 5 years (in ₹)?
- 20.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1860. What is the profit (in ₹)?
- 21.The price of a water bottle changed from ₹250 to ₹475. What is the percentage increase?
- 22.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1100. What is the loss (in ₹)?
- 23.What is the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 24.A table costs ₹1600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 25.The price of a bus pass changed from ₹80 to ₹8. What is the percentage decrease?
- 26.What is the simple interest on ₹2300 at 4% per year for 5 years (in ₹)?
- 27.A shopkeeper buys a table for ₹1700 and sells it for ₹1520. What is the loss (in ₹)?
- 28.What is 85% of 560?
- 29.A shopkeeper buys a watch for ₹500 and sells it for ₹690. What is the profit (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 3 years (in ₹)?
- 31.A cycle bought for ₹3800 is sold for ₹2280. What is the loss per cent?
- 32.What is 10% of 620?
- 33.What is 5% of 700?
- 34.A sewing machine costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 35.A cooler bought for ₹1400 is sold for ₹840. What is the loss per cent?
- 36.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
- 37.What is the simple interest on ₹4100 at 11% per year for 2 years (in ₹)?
- 38.What is 65% of 240?
- 39.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2400. What is the loss (in ₹)?
- 40.A watch costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 25
- 210
- 4902
- 3248
- 180
- 730
- 35
- 180
- 140
- 80
- 5
- 2880
- 1235
- 1260
- 10
- 369
- 10
- 90
- 3870
- 160
- 90
- 100
- 1200
- 800
- 90
- 460
- 180
- 476
- 190
- 6048
- 40
- 62
- 35
- 320
- 40
- 50
- 902
- 156
- 300
- 336
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