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 table bought for ₹1900 is sold for ₹1330. What is the loss per cent?
- 2.What is the simple interest on ₹6300 at 9% per year for 1 year (in ₹)?
- 3.What is the simple interest on ₹1800 at 12% per year for 2 years (in ₹)?
- 4.What is the simple interest on ₹500 at 5% per year for 1 year (in ₹)?
- 5.The price of a cricket ball changed from ₹100 to ₹60. What is the percentage decrease?
- 6.A mobile phone bought for ₹2700 is sold for ₹3375. What is the profit per cent?
- 7.A cricket kit costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 5 years (in ₹)?
- 9.A watch bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 10.What is 10% of 920?
- 11.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 12.What is 35% of 40?
- 13.What is the amount (principal + simple interest) on ₹3400 at 7% per year for 3 years (in ₹)?
- 14.What is the simple interest on ₹6000 at 9% per year for 4 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 2 years (in ₹)?
- 16.The price of a water bottle changed from ₹100 to ₹102. What is the percentage increase?
- 17.What is the simple interest on ₹9500 at 6% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2100. What is the loss (in ₹)?
- 19.What is 60% of 960?
- 20.What is the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 21.A mobile phone bought for ₹2700 is sold for ₹2835. What is the profit per cent?
- 22.The price of a pair of shoes changed from ₹250 to ₹450. What is the percentage increase?
- 23.What is 5% of 520?
- 24.A watch costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 25.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹560. What is the profit (in ₹)?
- 26.A fan costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 27.A sewing machine costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 28.A shopkeeper buys a fan for ₹1900 and sells it for ₹1770. What is the loss (in ₹)?
- 29.A cricket kit costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 1 year (in ₹)?
- 31.A sewing machine costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 32.What is 75% of 980?
- 33.A table costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 34.A cooler costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹6800 at 8% per year for 4 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3300 at 8% per year for 3 years (in ₹)?
- 37.What is 35% of 200?
- 38.What is the simple interest on ₹7500 at 6% per year for 2 years (in ₹)?
- 39.A shopkeeper buys a watch for ₹1800 and sells it for ₹1810. What is the profit (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹5600 at 10% per year for 2 years (in ₹)?
Answer key
- 30
- 567
- 432
- 25
- 40
- 25
- 1725
- 13095
- 20
- 92
- 390
- 14
- 4114
- 2160
- 8378
- 2
- 570
- 100
- 576
- 400
- 5
- 80
- 26
- 1950
- 160
- 4000
- 2730
- 130
- 1260
- 10192
- 680
- 735
- 760
- 4000
- 8976
- 4092
- 70
- 900
- 10
- 6720
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