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 ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 2.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1790. What is the profit (in ₹)?
- 3.The price of a box of mangoes changed from ₹20 to ₹28. What is the percentage increase?
- 4.What is the simple interest on ₹6300 at 12% per year for 2 years (in ₹)?
- 5.What is the simple interest on ₹500 at 5% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹3600 at 3% per year for 3 years (in ₹)?
- 7.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2890. What is the profit (in ₹)?
- 8.A fan costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 9.What is 5% of 400?
- 10.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
- 11.What is 5% of 720?
- 12.What is the simple interest on ₹2600 at 4% per year for 4 years (in ₹)?
- 13.The price of a bus pass changed from ₹500 to ₹495. What is the percentage decrease?
- 14.A mobile phone costs ₹3000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 15.A cricket kit bought for ₹2200 is sold for ₹2640. What is the profit per cent?
- 16.What is 10% of 180?
- 17.A cycle bought for ₹3400 is sold for ₹4760. What is the profit per cent?
- 18.What is the amount (principal + simple interest) on ₹7400 at 12% per year for 1 year (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 3 years (in ₹)?
- 20.A fan bought for ₹1500 is sold for ₹1875. What is the profit per cent?
- 21.What is the simple interest on ₹2200 at 11% per year for 1 year (in ₹)?
- 22.A shopkeeper buys a table for ₹700 and sells it for ₹830. What is the profit (in ₹)?
- 23.The price of a box of mangoes changed from ₹200 to ₹220. What is the percentage increase?
- 24.What is 85% of 560?
- 25.A shopkeeper buys a cooler for ₹200 and sells it for ₹40. What is the loss (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹6300 at 2% per year for 1 year (in ₹)?
- 27.A sewing machine costs ₹2600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹8500 at 8% per year for 4 years (in ₹)?
- 29.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
- 30.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹940. What is the loss (in ₹)?
- 31.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?
- 32.What is 85% of 220?
- 33.The price of a school bag changed from ₹50 to ₹40. What is the percentage decrease?
- 34.A cricket kit costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 35.A mobile phone costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.A sewing machine bought for ₹2900 is sold for ₹2320. What is the loss per cent?
- 37.What is the amount (principal + simple interest) on ₹3700 at 6% per year for 3 years (in ₹)?
- 38.A cooler bought for ₹2700 is sold for ₹2295. What is the loss per cent?
- 39.The price of a bus pass changed from ₹500 to ₹950. What is the percentage increase?
- 40.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 4 years (in ₹)?
Answer key
- 3248
- 40
- 40
- 1512
- 25
- 3924
- 190
- 3600
- 20
- 80
- 36
- 416
- 1
- 3450
- 20
- 18
- 40
- 8288
- 7102
- 25
- 242
- 130
- 10
- 476
- 160
- 6426
- 1560
- 11220
- 20
- 210
- 50
- 187
- 20
- 1105
- 1008
- 20
- 4366
- 15
- 90
- 1540
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