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 watch bought for ₹1100 is sold for ₹1232. What is the profit per cent?
- 2.A shopkeeper buys a cycle for ₹850 and sells it for ₹870. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹1600 at 8% per year for 5 years (in ₹)?
- 4.A watch costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 5.What is 10% of 480?
- 6.A cycle costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 7.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1920. What is the profit (in ₹)?
- 8.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
- 9.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹800. What is the loss (in ₹)?
- 10.What is the simple interest on ₹7400 at 7% per year for 3 years (in ₹)?
- 11.What is 30% of 1000?
- 12.What is the simple interest on ₹5700 at 4% per year for 5 years (in ₹)?
- 13.What is the simple interest on ₹3700 at 4% per year for 3 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 5 years (in ₹)?
- 15.A sewing machine costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 16.A cycle bought for ₹1600 is sold for ₹1440. What is the loss per cent?
- 17.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
- 18.What is 15% of 80?
- 19.A fan bought for ₹3100 is sold for ₹2790. What is the loss per cent?
- 20.What is the amount (principal + simple interest) on ₹5300 at 5% per year for 3 years (in ₹)?
- 21.The price of a cricket ball changed from ₹200 to ₹320. What is the percentage increase?
- 22.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹940. What is the loss (in ₹)?
- 23.What is 10% of 160?
- 24.A mobile phone bought for ₹2400 is sold for ₹1200. What is the loss per cent?
- 25.What is the amount (principal + simple interest) on ₹3100 at 7% per year for 3 years (in ₹)?
- 26.A table costs ₹1500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 27.The price of a cricket ball changed from ₹400 to ₹40. What is the percentage decrease?
- 28.What is the simple interest on ₹5500 at 3% per year for 3 years (in ₹)?
- 29.A shopkeeper buys a table for ₹1950 and sells it for ₹1940. What is the loss (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹6400 at 12% per year for 4 years (in ₹)?
- 31.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2320. What is the loss (in ₹)?
- 32.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹640. What is the profit (in ₹)?
- 33.A fan bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 34.A cycle costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹7800 at 10% per year for 2 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹6900 at 5% per year for 4 years (in ₹)?
- 37.What is the simple interest on ₹1900 at 9% per year for 1 year (in ₹)?
- 38.What is the simple interest on ₹9200 at 4% per year for 4 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1100 at 3% per year for 1 year (in ₹)?
- 40.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2660. What is the profit (in ₹)?
Answer key
- 12
- 20
- 2240
- 2420
- 48
- 700
- 170
- 20
- 250
- 1554
- 300
- 1140
- 444
- 3300
- 3150
- 10
- 25
- 12
- 10
- 6095
- 60
- 10
- 16
- 50
- 3751
- 750
- 90
- 495
- 10
- 9472
- 30
- 90
- 12
- 3770
- 1560
- 8280
- 171
- 1472
- 1133
- 260
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