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 ₹4000 at 5% per year for 5 years (in ₹)?
- 2.A shopkeeper buys a fan for ₹2450 and sells it for ₹2570. What is the profit (in ₹)?
- 3.A fan costs ₹800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 4.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹690. What is the profit (in ₹)?
- 5.A shopkeeper buys a table for ₹2100 and sells it for ₹2260. What is the profit (in ₹)?
- 6.What is 30% of 260?
- 7.A cycle costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹8600 at 5% per year for 1 year (in ₹)?
- 9.A shopkeeper buys a table for ₹1100 and sells it for ₹1330. What is the profit (in ₹)?
- 10.What is the simple interest on ₹9500 at 4% per year for 4 years (in ₹)?
- 11.A shopkeeper buys a watch for ₹1300 and sells it for ₹1550. What is the profit (in ₹)?
- 12.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1050. What is the loss (in ₹)?
- 13.A table bought for ₹400 is sold for ₹380. What is the loss per cent?
- 14.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1560. What is the loss (in ₹)?
- 15.A shopkeeper buys a table for ₹2350 and sells it for ₹2570. What is the profit (in ₹)?
- 16.A cooler costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹2500 at 11% per year for 3 years (in ₹)?
- 18.What is the simple interest on ₹1300 at 5% per year for 1 year (in ₹)?
- 19.A table costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹2800 at 5% per year for 4 years (in ₹)?
- 21.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹3000. What is the profit (in ₹)?
- 22.A watch costs ₹1100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 23.A sewing machine bought for ₹2600 is sold for ₹2912. What is the profit per cent?
- 24.What is the simple interest on ₹7400 at 7% per year for 2 years (in ₹)?
- 25.A fan costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 26.A cycle costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 27.A shopkeeper buys a fan for ₹500 and sells it for ₹410. What is the loss (in ₹)?
- 28.A cooler bought for ₹2600 is sold for ₹2470. What is the loss per cent?
- 29.A watch bought for ₹3800 is sold for ₹3610. What is the loss per cent?
- 30.What is 15% of 680?
- 31.A cycle bought for ₹500 is sold for ₹600. What is the profit per cent?
- 32.What is the simple interest on ₹3000 at 2% per year for 5 years (in ₹)?
- 33.What is 30% of 80?
- 34.A sewing machine bought for ₹3200 is sold for ₹2880. What is the loss per cent?
- 35.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1320. What is the loss (in ₹)?
- 36.What is 95% of 60?
- 37.A cooler costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 38.A watch costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 39.A cycle costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 40.What is 45% of 720?
Answer key
- 5000
- 120
- 1200
- 240
- 160
- 78
- 1440
- 430
- 230
- 1520
- 250
- 300
- 5
- 240
- 220
- 3750
- 825
- 65
- 210
- 560
- 100
- 968
- 12
- 1036
- 3060
- 945
- 90
- 5
- 5
- 102
- 20
- 300
- 24
- 10
- 130
- 57
- 3000
- 1250
- 975
- 324
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