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 cycle costs ₹1800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 2.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 3.A watch costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹7800 at 9% per year for 3 years (in ₹)?
- 5.A watch costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 6.A table bought for ₹2300 is sold for ₹1955. What is the loss per cent?
- 7.What is 85% of 960?
- 8.What is the simple interest on ₹8200 at 2% per year for 3 years (in ₹)?
- 9.What is the simple interest on ₹3000 at 7% per year for 5 years (in ₹)?
- 10.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2460. What is the profit (in ₹)?
- 11.What is the simple interest on ₹5400 at 4% per year for 1 year (in ₹)?
- 12.The price of a water bottle changed from ₹20 to ₹15. What is the percentage decrease?
- 13.The price of a box of mangoes changed from ₹20 to ₹38. What is the percentage increase?
- 14.What is 95% of 560?
- 15.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1310. What is the profit (in ₹)?
- 16.A mobile phone costs ₹3000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 17.What is 10% of 80?
- 18.A fan bought for ₹2900 is sold for ₹1740. What is the loss per cent?
- 19.What is the amount (principal + simple interest) on ₹700 at 5% per year for 1 year (in ₹)?
- 20.What is 65% of 120?
- 21.What is the simple interest on ₹9700 at 4% per year for 3 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹7900 at 8% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹800 at 2% per year for 4 years (in ₹)?
- 24.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
- 25.A shopkeeper buys a watch for ₹650 and sells it for ₹730. What is the profit (in ₹)?
- 26.What is the simple interest on ₹8700 at 5% per year for 3 years (in ₹)?
- 27.A watch bought for ₹2800 is sold for ₹1680. What is the loss per cent?
- 28.A cricket kit costs ₹1800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a table for ₹2250 and sells it for ₹2330. What is the profit (in ₹)?
- 30.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1760. What is the loss (in ₹)?
- 31.What is the simple interest on ₹9100 at 3% per year for 3 years (in ₹)?
- 32.A cycle bought for ₹1500 is sold for ₹1575. What is the profit per cent?
- 33.What is the simple interest on ₹2500 at 4% per year for 5 years (in ₹)?
- 34.A shopkeeper buys a fan for ₹200 and sells it for ₹220. What is the profit (in ₹)?
- 35.The price of a cricket ball changed from ₹500 to ₹250. What is the percentage decrease?
- 36.What is the amount (principal + simple interest) on ₹8400 at 8% per year for 2 years (in ₹)?
- 37.The price of a box of mangoes changed from ₹50 to ₹35. What is the percentage decrease?
- 38.What is 5% of 280?
- 39.A mobile phone costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹5800 at 4% per year for 1 year (in ₹)?
Answer key
- 1980
- 60
- 1050
- 9906
- 3190
- 15
- 816
- 492
- 1050
- 60
- 216
- 25
- 90
- 532
- 60
- 3600
- 8
- 40
- 735
- 78
- 1164
- 8532
- 64
- 90
- 80
- 1305
- 40
- 1890
- 80
- 140
- 819
- 5
- 500
- 20
- 50
- 9744
- 30
- 14
- 315
- 232
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