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 costs ₹2000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 2.A fan bought for ₹2100 is sold for ₹1890. What is the loss per cent?
- 3.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 5 years (in ₹)?
- 4.What is the simple interest on ₹9800 at 6% per year for 5 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 5 years (in ₹)?
- 6.A watch bought for ₹300 is sold for ₹264. What is the loss per cent?
- 7.What is the simple interest on ₹3400 at 4% per year for 2 years (in ₹)?
- 8.The price of a bus pass changed from ₹40 to ₹52. What is the percentage increase?
- 9.A cycle costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 10.A fan bought for ₹3900 is sold for ₹5460. What is the profit per cent?
- 11.What is the simple interest on ₹7400 at 3% per year for 5 years (in ₹)?
- 12.What is the simple interest on ₹900 at 4% per year for 1 year (in ₹)?
- 13.A mobile phone bought for ₹400 is sold for ₹460. What is the profit per cent?
- 14.A cricket kit costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 15.The price of a bus pass changed from ₹20 to ₹14. What is the percentage decrease?
- 16.What is the simple interest on ₹6900 at 4% per year for 3 years (in ₹)?
- 17.What is the simple interest on ₹7200 at 12% per year for 4 years (in ₹)?
- 18.The price of a pair of shoes changed from ₹40 to ₹38. What is the percentage decrease?
- 19.A table costs ₹3900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 20.A cooler bought for ₹1900 is sold for ₹1805. What is the loss per cent?
- 21.What is the simple interest on ₹2600 at 11% per year for 1 year (in ₹)?
- 22.A cooler bought for ₹3600 is sold for ₹3168. What is the loss per cent?
- 23.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 1 year (in ₹)?
- 24.What is 70% of 900?
- 25.A cycle costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 3 years (in ₹)?
- 27.What is the simple interest on ₹7900 at 3% per year for 4 years (in ₹)?
- 28.What is 45% of 1000?
- 29.A sewing machine bought for ₹1800 is sold for ₹1530. What is the loss per cent?
- 30.The price of a box of mangoes changed from ₹80 to ₹100. What is the percentage increase?
- 31.The price of a pair of shoes changed from ₹100 to ₹120. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹9700 at 5% per year for 3 years (in ₹)?
- 33.The price of a school bag changed from ₹50 to ₹51. What is the percentage increase?
- 34.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹990. What is the profit (in ₹)?
- 35.What is the simple interest on ₹2800 at 10% per year for 3 years (in ₹)?
- 36.What is the simple interest on ₹1500 at 10% per year for 2 years (in ₹)?
- 37.What is 65% of 840?
- 38.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
- 39.What is 35% of 720?
- 40.A shopkeeper buys a fan for ₹700 and sells it for ₹940. What is the profit (in ₹)?
Answer key
- 1700
- 10
- 3080
- 2940
- 3840
- 12
- 272
- 30
- 2160
- 40
- 1110
- 36
- 15
- 1300
- 30
- 828
- 3456
- 5
- 2925
- 5
- 286
- 12
- 2940
- 630
- 1680
- 4033
- 948
- 450
- 15
- 25
- 20
- 11155
- 2
- 40
- 840
- 300
- 546
- 25
- 252
- 240
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