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 ₹1900 at 11% per year for 5 years (in ₹)?
- 2.A fan costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 3.What is 25% of 760?
- 4.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2440. What is the profit (in ₹)?
- 5.A shopkeeper buys a table for ₹600 and sells it for ₹550. What is the loss (in ₹)?
- 6.A cycle costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 7.What is 30% of 660?
- 8.A mobile phone bought for ₹900 is sold for ₹450. What is the loss per cent?
- 9.What is the simple interest on ₹6700 at 3% per year for 4 years (in ₹)?
- 10.What is 15% of 660?
- 11.A watch costs ₹1200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 12.A cycle bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 13.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2820. What is the loss (in ₹)?
- 14.A table costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹5100 at 7% per year for 2 years (in ₹)?
- 16.A shopkeeper buys a cycle for ₹500 and sells it for ₹440. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹4600 at 2% per year for 1 year (in ₹)?
- 18.What is the simple interest on ₹2000 at 4% per year for 4 years (in ₹)?
- 19.What is 15% of 120?
- 20.A shopkeeper buys a watch for ₹2350 and sells it for ₹2410. What is the profit (in ₹)?
- 21.A cooler bought for ₹3500 is sold for ₹4900. What is the profit per cent?
- 22.What is the simple interest on ₹500 at 12% per year for 3 years (in ₹)?
- 23.A shopkeeper buys a table for ₹2200 and sells it for ₹2490. What is the profit (in ₹)?
- 24.A mobile phone costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 25.The price of a bus pass changed from ₹250 to ₹150. What is the percentage decrease?
- 26.What is the simple interest on ₹8900 at 7% per year for 3 years (in ₹)?
- 27.A shopkeeper buys a fan for ₹700 and sells it for ₹670. What is the loss (in ₹)?
- 28.The price of a water bottle changed from ₹250 to ₹125. What is the percentage decrease?
- 29.What is 15% of 420?
- 30.What is the simple interest on ₹8500 at 9% per year for 4 years (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹370. What is the profit (in ₹)?
- 32.A mobile phone costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 33.A sewing machine costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 34.A mobile phone costs ₹3100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹8000 at 8% per year for 5 years (in ₹)?
- 36.A fan bought for ₹3700 is sold for ₹4144. What is the profit per cent?
- 37.A cycle costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 38.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2360. What is the loss (in ₹)?
- 39.A shopkeeper buys a watch for ₹2300 and sells it for ₹2210. What is the loss (in ₹)?
- 40.A watch costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
Answer key
- 2945
- 320
- 190
- 140
- 50
- 650
- 198
- 50
- 804
- 99
- 1380
- 25
- 130
- 1210
- 5814
- 60
- 4692
- 320
- 18
- 60
- 40
- 180
- 290
- 1750
- 40
- 1869
- 30
- 50
- 63
- 3060
- 120
- 5600
- 480
- 4650
- 11200
- 12
- 1600
- 190
- 90
- 1050
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