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 amount (principal + simple interest) on ₹4100 at 12% per year for 2 years (in ₹)?
- 2.A mobile phone costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 3.A cricket kit bought for ₹1900 is sold for ₹2470. What is the profit per cent?
- 4.What is 45% of 240?
- 5.A sewing machine bought for ₹300 is sold for ₹315. What is the profit per cent?
- 6.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2080. What is the profit (in ₹)?
- 7.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 8.What is the simple interest on ₹1100 at 5% per year for 4 years (in ₹)?
- 9.A shopkeeper buys a fan for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹840. What is the profit (in ₹)?
- 11.The price of a pair of shoes changed from ₹500 to ₹650. What is the percentage increase?
- 12.A cricket kit costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 13.A cooler costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 14.What is 10% of 380?
- 15.A shopkeeper buys a cycle for ₹3000 and sells it for ₹2710. What is the loss (in ₹)?
- 16.The price of a bus pass changed from ₹500 to ₹750. What is the percentage increase?
- 17.What is the simple interest on ₹4500 at 5% per year for 5 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹4400 at 7% per year for 5 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹9400 at 12% per year for 5 years (in ₹)?
- 20.The price of a pair of shoes changed from ₹40 to ₹10. What is the percentage decrease?
- 21.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1510. What is the loss (in ₹)?
- 22.What is the simple interest on ₹4800 at 6% per year for 5 years (in ₹)?
- 23.A cricket kit bought for ₹3900 is sold for ₹2925. What is the loss per cent?
- 24.A table bought for ₹4000 is sold for ₹2000. What is the loss per cent?
- 25.A shopkeeper buys a cooler for ₹850 and sells it for ₹940. What is the profit (in ₹)?
- 26.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹510. What is the profit (in ₹)?
- 27.What is the simple interest on ₹1500 at 10% per year for 5 years (in ₹)?
- 28.What is the simple interest on ₹900 at 6% per year for 1 year (in ₹)?
- 29.The price of a pair of shoes changed from ₹200 to ₹198. What is the percentage decrease?
- 30.A cycle bought for ₹3600 is sold for ₹1800. What is the loss per cent?
- 31.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1820. What is the profit (in ₹)?
- 32.What is 25% of 380?
- 33.What is the simple interest on ₹8400 at 12% per year for 3 years (in ₹)?
- 34.A mobile phone bought for ₹3500 is sold for ₹2975. What is the loss per cent?
- 35.A fan costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 36.The price of a water bottle changed from ₹40 to ₹42. What is the percentage increase?
- 37.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹360. What is the loss (in ₹)?
- 38.The price of a water bottle changed from ₹200 to ₹260. What is the percentage increase?
- 39.What is the amount (principal + simple interest) on ₹6300 at 11% per year for 1 year (in ₹)?
- 40.What is 45% of 380?
Answer key
- 5084
- 2112
- 30
- 108
- 5
- 180
- 40
- 220
- 30
- 40
- 30
- 600
- 4256
- 38
- 290
- 50
- 1125
- 5940
- 15040
- 75
- 240
- 1440
- 25
- 50
- 90
- 60
- 750
- 54
- 1
- 50
- 170
- 95
- 3024
- 15
- 300
- 5
- 190
- 30
- 6993
- 171
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