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 bought for ₹3200 is sold for ₹3840. What is the profit per cent?
- 2.What is the amount (principal + simple interest) on ₹9900 at 7% per year for 1 year (in ₹)?
- 3.What is 95% of 540?
- 4.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹3010. What is the profit (in ₹)?
- 5.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1270. What is the profit (in ₹)?
- 7.What is the simple interest on ₹6700 at 9% per year for 3 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹5400 at 6% per year for 5 years (in ₹)?
- 9.What is the simple interest on ₹3000 at 11% per year for 5 years (in ₹)?
- 10.A mobile phone costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.A cycle bought for ₹3400 is sold for ₹3230. What is the loss per cent?
- 12.A shopkeeper buys a fan for ₹1300 and sells it for ₹1040. What is the loss (in ₹)?
- 13.A shopkeeper buys a cooler for ₹1200 and sells it for ₹900. What is the loss (in ₹)?
- 14.A fan bought for ₹1200 is sold for ₹960. What is the loss per cent?
- 15.The price of a school bag changed from ₹400 to ₹40. What is the percentage decrease?
- 16.A cricket kit costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 17.A cycle bought for ₹1500 is sold for ₹2250. What is the profit per cent?
- 18.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1680. What is the loss (in ₹)?
- 19.The price of a box of mangoes changed from ₹400 to ₹600. What is the percentage increase?
- 20.The price of a pair of shoes changed from ₹80 to ₹100. What is the percentage increase?
- 21.A fan costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹8400 at 10% per year for 4 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹7800 at 2% per year for 2 years (in ₹)?
- 24.What is the simple interest on ₹5900 at 9% per year for 2 years (in ₹)?
- 25.What is 5% of 880?
- 26.A table bought for ₹2100 is sold for ₹1470. What is the loss per cent?
- 27.What is 35% of 340?
- 28.What is 70% of 240?
- 29.What is 15% of 780?
- 30.A shopkeeper buys a cycle for ₹350 and sells it for ₹120. What is the loss (in ₹)?
- 31.A sewing machine bought for ₹2200 is sold for ₹1870. What is the loss per cent?
- 32.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
- 33.A shopkeeper buys a cooler for ₹1900 and sells it for ₹2150. What is the profit (in ₹)?
- 34.The price of a school bag changed from ₹80 to ₹100. What is the percentage increase?
- 35.A shopkeeper buys a fan for ₹2950 and sells it for ₹3000. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹6800 at 4% per year for 4 years (in ₹)?
- 37.What is 65% of 360?
- 38.A cycle bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 39.What is 80% of 360?
- 40.What is 5% of 400?
Answer key
- 20
- 10593
- 513
- 260
- 10
- 20
- 1809
- 7020
- 1650
- 4810
- 5
- 260
- 300
- 20
- 90
- 900
- 50
- 70
- 50
- 25
- 1792
- 11760
- 8112
- 1062
- 44
- 30
- 119
- 168
- 117
- 230
- 15
- 90
- 250
- 25
- 50
- 7888
- 234
- 12
- 288
- 20
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