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 bought for ₹200 is sold for ₹300. What is the profit per cent?
- 2.A cooler costs ₹3200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 3.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 4.What is 10% of 700?
- 5.What is the simple interest on ₹6300 at 4% per year for 1 year (in ₹)?
- 6.What is 65% of 300?
- 7.What is 85% of 840?
- 8.A cricket kit bought for ₹900 is sold for ₹765. What is the loss per cent?
- 9.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2660. What is the profit (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 1 year (in ₹)?
- 11.A sewing machine costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 12.The price of a bus pass changed from ₹100 to ₹125. What is the percentage increase?
- 13.What is the simple interest on ₹9200 at 9% per year for 5 years (in ₹)?
- 14.A mobile phone costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹2800 at 9% per year for 1 year (in ₹)?
- 16.What is 20% of 100?
- 17.The price of a school bag changed from ₹80 to ₹32. What is the percentage decrease?
- 18.A cricket kit costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 19.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1720. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹6900 at 12% per year for 1 year (in ₹)?
- 21.The price of a bus pass changed from ₹80 to ₹60. What is the percentage decrease?
- 22.What is 55% of 860?
- 23.A cycle costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a table for ₹1350 and sells it for ₹1090. What is the loss (in ₹)?
- 25.What is the simple interest on ₹1100 at 5% per year for 3 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹6200 at 11% per year for 4 years (in ₹)?
- 27.A mobile phone costs ₹1100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 28.What is the simple interest on ₹4300 at 8% per year for 1 year (in ₹)?
- 29.What is the simple interest on ₹5700 at 5% per year for 4 years (in ₹)?
- 30.A shopkeeper buys a fan for ₹1200 and sells it for ₹1290. What is the profit (in ₹)?
- 31.A mobile phone bought for ₹800 is sold for ₹1000. What is the profit per cent?
- 32.A sewing machine bought for ₹700 is sold for ₹735. What is the profit per cent?
- 33.What is the amount (principal + simple interest) on ₹9200 at 11% per year for 3 years (in ₹)?
- 34.A shopkeeper buys a table for ₹2600 and sells it for ₹2580. What is the loss (in ₹)?
- 35.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
- 36.A shopkeeper buys a cycle for ₹850 and sells it for ₹920. What is the profit (in ₹)?
- 37.What is 10% of 160?
- 38.A fan bought for ₹200 is sold for ₹240. What is the profit per cent?
- 39.What is the simple interest on ₹3000 at 9% per year for 1 year (in ₹)?
- 40.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1470. What is the profit (in ₹)?
Answer key
- 50
- 1920
- 40
- 70
- 252
- 195
- 714
- 15
- 210
- 9612
- 420
- 25
- 4140
- 1232
- 252
- 20
- 60
- 210
- 70
- 7728
- 25
- 473
- 3220
- 260
- 165
- 8928
- 1155
- 344
- 1140
- 90
- 25
- 5
- 12236
- 20
- 80
- 70
- 16
- 20
- 270
- 270
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