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 fan bought for ₹3300 is sold for ₹4290. What is the profit per cent?
- 2.A mobile phone bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 3.What is 70% of 600?
- 4.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 2 years (in ₹)?
- 5.A watch costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 6.A fan costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 7.What is 65% of 940?
- 8.A cycle bought for ₹3200 is sold for ₹3040. What is the loss per cent?
- 9.A table bought for ₹3100 is sold for ₹3255. What is the profit per cent?
- 10.A cycle costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 11.A fan costs ₹3500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 12.The price of a pair of shoes changed from ₹100 to ₹40. What is the percentage decrease?
- 13.The price of a bus pass changed from ₹250 to ₹450. What is the percentage increase?
- 14.The price of a pair of shoes changed from ₹100 to ₹102. What is the percentage increase?
- 15.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 1 year (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹6700 at 8% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹560. What is the loss (in ₹)?
- 18.What is 55% of 820?
- 19.A cycle costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 20.What is 45% of 260?
- 21.A shopkeeper buys a cooler for ₹350 and sells it for ₹90. What is the loss (in ₹)?
- 22.A shopkeeper buys a cycle for ₹2100 and sells it for ₹1890. What is the loss (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹9800 at 12% per year for 5 years (in ₹)?
- 24.A shopkeeper buys a watch for ₹1500 and sells it for ₹1690. What is the profit (in ₹)?
- 25.What is 40% of 740?
- 26.What is 5% of 100?
- 27.A cycle costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹8100 at 2% per year for 2 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹7100 at 8% per year for 2 years (in ₹)?
- 30.A mobile phone bought for ₹800 is sold for ₹1040. What is the profit per cent?
- 31.A sewing machine costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 32.A cycle bought for ₹500 is sold for ₹625. What is the profit per cent?
- 33.What is the amount (principal + simple interest) on ₹6900 at 4% per year for 2 years (in ₹)?
- 34.A cooler bought for ₹1300 is sold for ₹1456. What is the profit per cent?
- 35.A cooler costs ₹3600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹2600 at 12% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a cooler for ₹900 and sells it for ₹1020. What is the profit (in ₹)?
- 38.A cooler bought for ₹2500 is sold for ₹2250. What is the loss per cent?
- 39.What is 55% of 260?
- 40.What is the amount (principal + simple interest) on ₹1700 at 5% per year for 1 year (in ₹)?
Answer key
- 30
- 5
- 420
- 3024
- 450
- 1275
- 611
- 5
- 5
- 2520
- 2625
- 60
- 80
- 2
- 7140
- 7772
- 190
- 451
- 480
- 117
- 260
- 210
- 15680
- 190
- 296
- 5
- 3600
- 8424
- 8236
- 30
- 2730
- 25
- 7452
- 12
- 3420
- 3848
- 120
- 10
- 143
- 1785
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