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 shopkeeper buys a cricket kit for ₹500 and sells it for ₹530. What is the profit (in ₹)?
- 2.A cycle bought for ₹900 is sold for ₹540. What is the loss per cent?
- 3.What is 15% of 500?
- 4.What is the simple interest on ₹4400 at 12% per year for 2 years (in ₹)?
- 5.A table costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹7600 at 6% per year for 2 years (in ₹)?
- 7.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
- 8.A cooler costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 9.What is 30% of 920?
- 10.What is the amount (principal + simple interest) on ₹9800 at 11% per year for 5 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹6500 at 6% per year for 3 years (in ₹)?
- 12.A cricket kit bought for ₹3000 is sold for ₹3300. What is the profit per cent?
- 13.What is 75% of 840?
- 14.What is the amount (principal + simple interest) on ₹8300 at 7% per year for 5 years (in ₹)?
- 15.What is 70% of 640?
- 16.A shopkeeper buys a watch for ₹1500 and sells it for ₹1720. What is the profit (in ₹)?
- 17.What is the simple interest on ₹3300 at 4% per year for 1 year (in ₹)?
- 18.A sewing machine bought for ₹1200 is sold for ₹1020. What is the loss per cent?
- 19.What is the amount (principal + simple interest) on ₹1200 at 12% per year for 2 years (in ₹)?
- 20.What is 40% of 320?
- 21.What is 10% of 620?
- 22.A cycle costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹7900 at 9% per year for 1 year (in ₹)?
- 24.What is the simple interest on ₹9500 at 6% per year for 4 years (in ₹)?
- 25.What is 35% of 240?
- 26.The price of a box of mangoes changed from ₹20 to ₹24. What is the percentage increase?
- 27.What is 55% of 700?
- 28.What is 5% of 180?
- 29.What is the simple interest on ₹900 at 12% per year for 5 years (in ₹)?
- 30.What is 90% of 340?
- 31.What is 75% of 360?
- 32.What is the amount (principal + simple interest) on ₹8400 at 2% per year for 3 years (in ₹)?
- 33.A cricket kit costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 34.What is 25% of 780?
- 35.The price of a water bottle changed from ₹100 to ₹190. What is the percentage increase?
- 36.The price of a cricket ball changed from ₹20 to ₹16. What is the percentage decrease?
- 37.What is the amount (principal + simple interest) on ₹1600 at 11% per year for 1 year (in ₹)?
- 38.A table costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 5 years (in ₹)?
- 40.A mobile phone bought for ₹3500 is sold for ₹3325. What is the loss per cent?
Answer key
- 30
- 40
- 75
- 1056
- 450
- 912
- 60
- 350
- 276
- 15190
- 7670
- 10
- 630
- 11205
- 448
- 220
- 132
- 15
- 1488
- 128
- 62
- 2280
- 8611
- 2280
- 84
- 20
- 385
- 9
- 540
- 306
- 270
- 8904
- 500
- 195
- 90
- 20
- 1776
- 3520
- 1500
- 5
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