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 cycle for ₹2450 and sells it for ₹2300. What is the loss (in ₹)?
- 2.A cricket kit costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 3.A shopkeeper buys a fan for ₹1400 and sells it for ₹1560. What is the profit (in ₹)?
- 4.The price of a pair of shoes changed from ₹20 to ₹19. What is the percentage decrease?
- 5.What is the simple interest on ₹9500 at 4% per year for 3 years (in ₹)?
- 6.The price of a school bag changed from ₹100 to ₹120. What is the percentage increase?
- 7.What is 40% of 220?
- 8.What is the amount (principal + simple interest) on ₹7300 at 5% per year for 5 years (in ₹)?
- 9.A fan costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 10.What is the simple interest on ₹3100 at 12% per year for 5 years (in ₹)?
- 11.What is 85% of 840?
- 12.A mobile phone costs ₹2100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 13.A fan bought for ₹900 is sold for ₹1350. What is the profit per cent?
- 14.A shopkeeper buys a fan for ₹1550 and sells it for ₹1520. What is the loss (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹9400 at 9% per year for 1 year (in ₹)?
- 16.What is 70% of 180?
- 17.A shopkeeper buys a cooler for ₹2100 and sells it for ₹1970. What is the loss (in ₹)?
- 18.A mobile phone costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 19.A cycle bought for ₹2800 is sold for ₹3360. What is the profit per cent?
- 20.The price of a pair of shoes changed from ₹80 to ₹140. What is the percentage increase?
- 21.What is the amount (principal + simple interest) on ₹4900 at 4% per year for 3 years (in ₹)?
- 22.What is the simple interest on ₹7200 at 2% per year for 1 year (in ₹)?
- 23.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
- 24.The price of a bus pass changed from ₹250 to ₹125. What is the percentage decrease?
- 25.What is the simple interest on ₹1700 at 2% per year for 4 years (in ₹)?
- 26.The price of a pair of shoes changed from ₹50 to ₹75. What is the percentage increase?
- 27.What is the amount (principal + simple interest) on ₹1000 at 9% per year for 1 year (in ₹)?
- 28.What is the simple interest on ₹8400 at 9% per year for 2 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹3200 at 12% per year for 2 years (in ₹)?
- 30.What is the simple interest on ₹900 at 10% per year for 2 years (in ₹)?
- 31.A mobile phone costs ₹2700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹3000 at 10% per year for 5 years (in ₹)?
- 33.What is the simple interest on ₹800 at 3% per year for 5 years (in ₹)?
- 34.A cycle costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹8500 at 12% per year for 1 year (in ₹)?
- 36.A sewing machine costs ₹2600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹10000 at 6% per year for 3 years (in ₹)?
- 38.A sewing machine costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 39.What is the simple interest on ₹1100 at 12% per year for 3 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹3100 at 7% per year for 4 years (in ₹)?
Answer key
- 150
- 350
- 160
- 5
- 1140
- 20
- 88
- 9125
- 380
- 1860
- 714
- 2940
- 50
- 30
- 10246
- 126
- 130
- 1260
- 20
- 75
- 5488
- 144
- 20
- 50
- 136
- 50
- 1090
- 1512
- 3968
- 180
- 2295
- 1500
- 120
- 975
- 1020
- 1820
- 1800
- 900
- 396
- 3968
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