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 ₹9600 at 11% per year for 1 year (in ₹)?
- 2.A sewing machine bought for ₹1100 is sold for ₹1375. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 1 year (in ₹)?
- 4.A cooler costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹3200 at 5% per year for 5 years (in ₹)?
- 6.What is 30% of 900?
- 7.What is the simple interest on ₹5600 at 6% per year for 5 years (in ₹)?
- 8.The price of a bus pass changed from ₹200 to ₹380. What is the percentage increase?
- 9.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1820. What is the profit (in ₹)?
- 10.What is 40% of 680?
- 11.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
- 12.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹790. What is the loss (in ₹)?
- 13.A cooler bought for ₹1800 is sold for ₹2016. What is the profit per cent?
- 14.A sewing machine bought for ₹2500 is sold for ₹3125. What is the profit per cent?
- 15.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2950. What is the profit (in ₹)?
- 16.A cricket kit bought for ₹2700 is sold for ₹1350. What is the loss per cent?
- 17.What is 15% of 460?
- 18.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2640. What is the loss (in ₹)?
- 19.A sewing machine bought for ₹900 is sold for ₹1350. What is the profit per cent?
- 20.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3300. What is the profit (in ₹)?
- 21.What is 35% of 240?
- 22.The price of a bus pass changed from ₹100 to ₹98. What is the percentage decrease?
- 23.A fan costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1680. What is the profit (in ₹)?
- 25.What is the simple interest on ₹6500 at 2% per year for 1 year (in ₹)?
- 26.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
- 27.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1430. What is the profit (in ₹)?
- 28.A cycle costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 29.What is 15% of 860?
- 30.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1050. What is the loss (in ₹)?
- 31.A shopkeeper buys a table for ₹2400 and sells it for ₹2520. What is the profit (in ₹)?
- 32.A cycle costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 33.What is 30% of 420?
- 34.A shopkeeper buys a fan for ₹450 and sells it for ₹430. What is the loss (in ₹)?
- 35.A cooler bought for ₹1600 is sold for ₹1120. What is the loss per cent?
- 36.A cycle bought for ₹1300 is sold for ₹975. What is the loss per cent?
- 37.What is the amount (principal + simple interest) on ₹2400 at 6% per year for 3 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a cycle for ₹350 and sells it for ₹240. What is the loss (in ₹)?
- 40.What is 15% of 640?
Answer key
- 10656
- 25
- 7242
- 2750
- 4000
- 270
- 1680
- 90
- 270
- 272
- 80
- 110
- 12
- 25
- 300
- 50
- 69
- 210
- 50
- 300
- 84
- 2
- 1792
- 30
- 130
- 25
- 30
- 690
- 129
- 150
- 120
- 3360
- 126
- 20
- 30
- 25
- 2832
- 10368
- 110
- 96
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