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.What is the simple interest on ₹8400 at 3% per year for 3 years (in ₹)?
- 2.A cycle costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 3.What is 75% of 260?
- 4.A table costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 5.The price of a box of mangoes changed from ₹100 to ₹190. What is the percentage increase?
- 6.A table bought for ₹2800 is sold for ₹2380. What is the loss per cent?
- 7.What is 25% of 420?
- 8.What is 10% of 820?
- 9.A mobile phone bought for ₹1700 is sold for ₹1190. What is the loss per cent?
- 10.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
- 11.A shopkeeper buys a cooler for ₹800 and sells it for ₹780. What is the loss (in ₹)?
- 12.The price of a water bottle changed from ₹50 to ₹55. What is the percentage increase?
- 13.The price of a box of mangoes changed from ₹500 to ₹475. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹5900 at 4% per year for 5 years (in ₹)?
- 15.A shopkeeper buys a watch for ₹2500 and sells it for ₹2640. What is the profit (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹640. What is the profit (in ₹)?
- 17.What is 85% of 80?
- 18.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
- 19.A watch bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 20.What is the amount (principal + simple interest) on ₹1400 at 7% per year for 2 years (in ₹)?
- 21.A sewing machine costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 22.What is 40% of 920?
- 23.What is 70% of 800?
- 24.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2240. What is the loss (in ₹)?
- 25.A shopkeeper buys a cycle for ₹750 and sells it for ₹800. What is the profit (in ₹)?
- 26.What is the simple interest on ₹4000 at 3% per year for 3 years (in ₹)?
- 27.A shopkeeper buys a watch for ₹1550 and sells it for ₹1530. What is the loss (in ₹)?
- 28.A watch bought for ₹300 is sold for ₹210. What is the loss per cent?
- 29.A shopkeeper buys a cycle for ₹300 and sells it for ₹40. What is the loss (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹7700 at 9% per year for 5 years (in ₹)?
- 31.What is the simple interest on ₹9200 at 4% per year for 1 year (in ₹)?
- 32.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
- 33.A shopkeeper buys a cycle for ₹1000 and sells it for ₹730. What is the loss (in ₹)?
- 34.What is the simple interest on ₹500 at 5% per year for 1 year (in ₹)?
- 35.A table bought for ₹1700 is sold for ₹1275. What is the loss per cent?
- 36.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1360. What is the loss (in ₹)?
- 37.A sewing machine costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹3100 at 12% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹5400 at 7% per year for 1 year (in ₹)?
- 40.A table bought for ₹600 is sold for ₹528. What is the loss per cent?
Answer key
- 756
- 4400
- 195
- 1350
- 90
- 15
- 105
- 82
- 30
- 10
- 20
- 10
- 5
- 7080
- 140
- 40
- 68
- 10
- 20
- 1596
- 700
- 368
- 560
- 60
- 50
- 360
- 20
- 30
- 260
- 11165
- 368
- 2
- 270
- 25
- 25
- 40
- 2610
- 744
- 5778
- 12
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