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 table bought for ₹3600 is sold for ₹3420. What is the loss per cent?
- 2.What is the amount (principal + simple interest) on ₹5500 at 11% per year for 1 year (in ₹)?
- 3.What is the simple interest on ₹5300 at 7% per year for 2 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹6500 at 7% per year for 1 year (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹500 at 4% per year for 2 years (in ₹)?
- 6.What is 85% of 940?
- 7.What is the amount (principal + simple interest) on ₹8400 at 4% per year for 1 year (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹6800 at 8% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1360. What is the loss (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 3 years (in ₹)?
- 11.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2100. What is the profit (in ₹)?
- 12.A cricket kit bought for ₹1100 is sold for ₹770. What is the loss per cent?
- 13.What is the simple interest on ₹7000 at 6% per year for 1 year (in ₹)?
- 14.What is 55% of 420?
- 15.The price of a cricket ball changed from ₹20 to ₹38. What is the percentage increase?
- 16.A table costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 17.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
- 18.A mobile phone costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 19.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹790. What is the loss (in ₹)?
- 20.A shopkeeper buys a watch for ₹1550 and sells it for ₹1650. What is the profit (in ₹)?
- 21.What is 15% of 140?
- 22.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
- 23.A watch bought for ₹1900 is sold for ₹1710. What is the loss per cent?
- 24.A cricket kit costs ₹1500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 25.What is 90% of 260?
- 26.What is the amount (principal + simple interest) on ₹1100 at 5% per year for 2 years (in ₹)?
- 27.What is the simple interest on ₹7100 at 12% per year for 3 years (in ₹)?
- 28.What is 35% of 360?
- 29.What is 75% of 220?
- 30.A shopkeeper buys a fan for ₹1100 and sells it for ₹1160. What is the profit (in ₹)?
- 31.The price of a cricket ball changed from ₹80 to ₹40. What is the percentage decrease?
- 32.A cooler costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹7200 at 9% per year for 1 year (in ₹)?
- 34.A cycle costs ₹3800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 35.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2820. What is the profit (in ₹)?
- 36.A fan bought for ₹1800 is sold for ₹1440. What is the loss per cent?
- 37.A cricket kit bought for ₹2300 is sold for ₹2990. What is the profit per cent?
- 38.A cycle bought for ₹1800 is sold for ₹900. What is the loss per cent?
- 39.What is 25% of 240?
- 40.A fan bought for ₹1000 is sold for ₹880. What is the loss per cent?
Answer key
- 5
- 6105
- 742
- 6955
- 540
- 799
- 8736
- 8432
- 290
- 1120
- 50
- 30
- 420
- 231
- 90
- 560
- 80
- 570
- 260
- 100
- 21
- 60
- 10
- 900
- 234
- 1210
- 2556
- 126
- 165
- 60
- 50
- 2750
- 648
- 4180
- 270
- 20
- 30
- 50
- 60
- 12
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