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 shopkeeper buys a cooler for ₹700 and sells it for ₹620. What is the loss (in ₹)?
- 2.A watch bought for ₹3700 is sold for ₹2590. What is the loss per cent?
- 3.A cycle costs ₹3200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 4.A cooler bought for ₹1700 is sold for ₹1870. What is the profit per cent?
- 5.A cycle bought for ₹2200 is sold for ₹2750. What is the profit per cent?
- 6.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1350. What is the loss (in ₹)?
- 7.What is 55% of 740?
- 8.A fan costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 9.What is the simple interest on ₹1100 at 12% per year for 1 year (in ₹)?
- 10.What is 5% of 160?
- 11.What is the amount (principal + simple interest) on ₹6100 at 2% per year for 4 years (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2700. What is the profit (in ₹)?
- 13.A sewing machine bought for ₹1100 is sold for ₹1210. What is the profit per cent?
- 14.What is the amount (principal + simple interest) on ₹9100 at 8% per year for 4 years (in ₹)?
- 15.A cycle costs ₹200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 16.What is the simple interest on ₹10000 at 6% per year for 5 years (in ₹)?
- 17.A table costs ₹2600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 18.A shopkeeper buys a cycle for ₹400 and sells it for ₹240. What is the loss (in ₹)?
- 19.A shopkeeper buys a fan for ₹600 and sells it for ₹350. What is the loss (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 2 years (in ₹)?
- 21.The price of a bus pass changed from ₹50 to ₹35. What is the percentage decrease?
- 22.A cooler costs ₹3600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2400 at 4% per year for 1 year (in ₹)?
- 24.A cooler bought for ₹700 is sold for ₹490. What is the loss per cent?
- 25.What is the amount (principal + simple interest) on ₹3400 at 8% per year for 1 year (in ₹)?
- 26.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹600. What is the loss (in ₹)?
- 27.A shopkeeper buys a fan for ₹650 and sells it for ₹950. What is the profit (in ₹)?
- 28.What is 25% of 220?
- 29.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
- 30.What is the amount (principal + simple interest) on ₹1300 at 7% per year for 2 years (in ₹)?
- 31.What is 5% of 400?
- 32.The price of a cricket ball changed from ₹250 to ₹475. What is the percentage increase?
- 33.What is the simple interest on ₹6700 at 8% per year for 3 years (in ₹)?
- 34.The price of a cricket ball changed from ₹400 to ₹392. What is the percentage decrease?
- 35.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1490. What is the profit (in ₹)?
- 36.A cooler costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹8800 at 11% per year for 3 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹2600 at 9% per year for 5 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹9500 at 2% per year for 4 years (in ₹)?
- 40.What is 85% of 100?
Answer key
- 80
- 30
- 3584
- 10
- 25
- 200
- 407
- 2125
- 132
- 8
- 6588
- 50
- 10
- 12012
- 170
- 3000
- 2288
- 160
- 250
- 3016
- 30
- 5040
- 2496
- 30
- 3672
- 300
- 300
- 55
- 10
- 1482
- 20
- 90
- 1608
- 2
- 40
- 1584
- 2904
- 3770
- 10260
- 85
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