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 ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 2.What is the simple interest on ₹6100 at 7% per year for 2 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 1 year (in ₹)?
- 4.What is the simple interest on ₹1200 at 10% per year for 1 year (in ₹)?
- 5.What is the simple interest on ₹2700 at 10% per year for 5 years (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹890. What is the profit (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 2 years (in ₹)?
- 8.A watch costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 9.What is 95% of 200?
- 10.What is the amount (principal + simple interest) on ₹2700 at 11% per year for 2 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 1 year (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹7500 at 3% per year for 2 years (in ₹)?
- 13.What is the simple interest on ₹2100 at 8% per year for 1 year (in ₹)?
- 14.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1750. What is the loss (in ₹)?
- 15.What is the simple interest on ₹1100 at 6% per year for 1 year (in ₹)?
- 16.What is 70% of 60?
- 17.A mobile phone costs ₹3300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 18.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹860. What is the profit (in ₹)?
- 19.A shopkeeper buys a cooler for ₹250 and sells it for ₹340. What is the profit (in ₹)?
- 20.A cooler bought for ₹500 is sold for ₹450. What is the loss per cent?
- 21.A fan bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 22.What is the simple interest on ₹600 at 7% per year for 1 year (in ₹)?
- 23.A cooler costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1000 at 11% per year for 3 years (in ₹)?
- 25.What is 45% of 840?
- 26.A sewing machine bought for ₹2900 is sold for ₹4350. What is the profit per cent?
- 27.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2630. What is the loss (in ₹)?
- 28.A sewing machine costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 29.The price of a cricket ball changed from ₹200 to ₹180. What is the percentage decrease?
- 30.A watch bought for ₹4000 is sold for ₹5000. What is the profit per cent?
- 31.What is the amount (principal + simple interest) on ₹9000 at 8% per year for 2 years (in ₹)?
- 32.What is the simple interest on ₹2800 at 5% per year for 1 year (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹2400 at 11% per year for 4 years (in ₹)?
- 34.What is 20% of 180?
- 35.What is the simple interest on ₹1100 at 11% per year for 5 years (in ₹)?
- 36.What is the simple interest on ₹9700 at 6% per year for 3 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹1600 at 2% per year for 4 years (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2820. What is the profit (in ₹)?
- 39.What is 30% of 160?
- 40.What is 10% of 120?
Answer key
- 450
- 854
- 1122
- 120
- 1350
- 140
- 8374
- 3080
- 190
- 3294
- 6732
- 7950
- 168
- 150
- 66
- 42
- 3465
- 210
- 90
- 10
- 25
- 42
- 1440
- 1330
- 378
- 50
- 20
- 3250
- 10
- 25
- 10440
- 140
- 3456
- 36
- 605
- 1746
- 1728
- 120
- 48
- 12
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