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 amount (principal + simple interest) on ₹6000 at 8% per year for 4 years (in ₹)?
- 2.A sewing machine costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 3.What is the simple interest on ₹6500 at 4% per year for 5 years (in ₹)?
- 4.A sewing machine bought for ₹200 is sold for ₹160. What is the loss per cent?
- 5.A shopkeeper buys a cycle for ₹400 and sells it for ₹420. What is the profit (in ₹)?
- 6.A cooler bought for ₹3600 is sold for ₹3780. What is the profit per cent?
- 7.A watch bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 8.The price of a pair of shoes changed from ₹50 to ₹10. What is the percentage decrease?
- 9.What is the amount (principal + simple interest) on ₹4400 at 2% per year for 2 years (in ₹)?
- 10.The price of a cricket ball changed from ₹20 to ₹21. What is the percentage increase?
- 11.A sewing machine costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 12.What is 20% of 160?
- 13.What is the simple interest on ₹2200 at 5% per year for 3 years (in ₹)?
- 14.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
- 15.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
- 16.What is 30% of 900?
- 17.A shopkeeper buys a fan for ₹1550 and sells it for ₹1520. What is the loss (in ₹)?
- 18.The price of a bus pass changed from ₹50 to ₹20. What is the percentage decrease?
- 19.What is 55% of 640?
- 20.The price of a bus pass changed from ₹100 to ₹105. What is the percentage increase?
- 21.A cycle costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹5400 at 7% per year for 3 years (in ₹)?
- 23.What is the simple interest on ₹9200 at 3% per year for 5 years (in ₹)?
- 24.A sewing machine bought for ₹4000 is sold for ₹4600. What is the profit per cent?
- 25.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2180. What is the loss (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹1300 at 3% per year for 3 years (in ₹)?
- 27.The price of a box of mangoes changed from ₹80 to ₹112. What is the percentage increase?
- 28.What is 5% of 240?
- 29.What is the simple interest on ₹2000 at 6% per year for 1 year (in ₹)?
- 30.What is 70% of 680?
- 31.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 4 years (in ₹)?
- 32.A watch costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 33.A cycle bought for ₹3500 is sold for ₹2625. What is the loss per cent?
- 34.A sewing machine costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 35.A mobile phone bought for ₹3500 is sold for ₹4375. What is the profit per cent?
- 36.A fan bought for ₹600 is sold for ₹840. What is the profit per cent?
- 37.The price of a bus pass changed from ₹80 to ₹8. What is the percentage decrease?
- 38.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2220. What is the loss (in ₹)?
- 39.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
- 40.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2480. What is the profit (in ₹)?
Answer key
- 7920
- 1700
- 1300
- 20
- 20
- 5
- 25
- 80
- 4576
- 5
- 700
- 32
- 330
- 30
- 60
- 270
- 30
- 60
- 352
- 5
- 300
- 6534
- 1380
- 15
- 270
- 1417
- 40
- 12
- 120
- 476
- 7200
- 570
- 25
- 1710
- 25
- 40
- 90
- 30
- 40
- 130
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