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 fan for ₹350 and sells it for ₹390. What is the profit (in ₹)?
- 2.What is the simple interest on ₹5400 at 9% per year for 3 years (in ₹)?
- 3.A sewing machine costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 4.What is the simple interest on ₹7500 at 10% per year for 1 year (in ₹)?
- 5.What is the simple interest on ₹8100 at 9% per year for 2 years (in ₹)?
- 6.The price of a school bag changed from ₹500 to ₹525. What is the percentage increase?
- 7.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2450. What is the profit (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹8200 at 4% per year for 1 year (in ₹)?
- 9.What is the simple interest on ₹800 at 10% per year for 1 year (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹5300 at 9% per year for 2 years (in ₹)?
- 11.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1240. What is the loss (in ₹)?
- 12.A mobile phone costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 13.What is 10% of 160?
- 14.What is the amount (principal + simple interest) on ₹700 at 2% per year for 2 years (in ₹)?
- 15.What is 75% of 940?
- 16.What is the simple interest on ₹3500 at 7% per year for 1 year (in ₹)?
- 17.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
- 18.What is the amount (principal + simple interest) on ₹600 at 5% per year for 2 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 2 years (in ₹)?
- 20.What is 65% of 40?
- 21.A sewing machine costs ₹3100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 22.A fan bought for ₹1700 is sold for ₹2125. What is the profit per cent?
- 23.The price of a pair of shoes changed from ₹400 to ₹392. What is the percentage decrease?
- 24.A fan bought for ₹3300 is sold for ₹4290. What is the profit per cent?
- 25.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
- 26.A cricket kit bought for ₹1400 is sold for ₹1050. What is the loss per cent?
- 27.What is 5% of 200?
- 28.A cycle costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 29.The price of a school bag changed from ₹20 to ₹19. What is the percentage decrease?
- 30.A sewing machine bought for ₹3400 is sold for ₹2890. What is the loss per cent?
- 31.What is the simple interest on ₹7800 at 7% per year for 5 years (in ₹)?
- 32.A cycle bought for ₹2500 is sold for ₹2200. What is the loss per cent?
- 33.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
- 34.What is the simple interest on ₹8800 at 4% per year for 1 year (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹8400 at 7% per year for 3 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹7000 at 4% per year for 2 years (in ₹)?
- 37.What is the simple interest on ₹4700 at 7% per year for 5 years (in ₹)?
- 38.What is the simple interest on ₹4600 at 8% per year for 1 year (in ₹)?
- 39.What is 55% of 720?
- 40.A watch costs ₹3800. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 40
- 1458
- 1000
- 750
- 1458
- 5
- 200
- 8528
- 80
- 6254
- 160
- 255
- 16
- 728
- 705
- 245
- 20
- 660
- 2970
- 26
- 2728
- 25
- 2
- 30
- 5
- 25
- 10
- 4480
- 5
- 15
- 2730
- 12
- 30
- 352
- 10164
- 7560
- 1645
- 368
- 396
- 3610
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