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 cricket kit costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 2.A cooler bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 3.What is the simple interest on ₹4700 at 2% per year for 3 years (in ₹)?
- 4.The price of a school bag changed from ₹100 to ₹90. What is the percentage decrease?
- 5.What is 40% of 680?
- 6.What is the simple interest on ₹7600 at 10% per year for 2 years (in ₹)?
- 7.A shopkeeper buys a watch for ₹1250 and sells it for ₹1090. What is the loss (in ₹)?
- 8.A sewing machine costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2060. What is the loss (in ₹)?
- 10.What is the simple interest on ₹2700 at 3% per year for 2 years (in ₹)?
- 11.A cricket kit bought for ₹3600 is sold for ₹4032. What is the profit per cent?
- 12.A shopkeeper buys a watch for ₹200 and sells it for ₹310. What is the profit (in ₹)?
- 13.What is 65% of 540?
- 14.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 2 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹2000 at 8% per year for 4 years (in ₹)?
- 16.A cooler bought for ₹1200 is sold for ₹900. What is the loss per cent?
- 17.A cycle bought for ₹1400 is sold for ₹1330. What is the loss per cent?
- 18.A fan bought for ₹3900 is sold for ₹4368. What is the profit per cent?
- 19.What is the amount (principal + simple interest) on ₹7500 at 11% per year for 5 years (in ₹)?
- 20.A shopkeeper buys a table for ₹1750 and sells it for ₹1570. What is the loss (in ₹)?
- 21.What is the simple interest on ₹6700 at 11% per year for 3 years (in ₹)?
- 22.The price of a school bag changed from ₹80 to ₹48. What is the percentage decrease?
- 23.What is the amount (principal + simple interest) on ₹2500 at 12% per year for 1 year (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹2700 at 4% per year for 4 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 4 years (in ₹)?
- 26.What is the simple interest on ₹1500 at 4% per year for 2 years (in ₹)?
- 27.A mobile phone costs ₹1300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 28.A fan costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 29.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2100. What is the loss (in ₹)?
- 30.The price of a cricket ball changed from ₹400 to ₹280. What is the percentage decrease?
- 31.A table bought for ₹200 is sold for ₹230. What is the profit per cent?
- 32.What is the amount (principal + simple interest) on ₹8100 at 11% per year for 2 years (in ₹)?
- 33.A watch costs ₹3300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 34.A shopkeeper buys a cycle for ₹1950 and sells it for ₹1780. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹900 at 3% per year for 4 years (in ₹)?
- 36.What is the simple interest on ₹7900 at 10% per year for 1 year (in ₹)?
- 37.A mobile phone bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 38.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1740. What is the profit (in ₹)?
- 39.What is 40% of 840?
- 40.What is 5% of 460?
Answer key
- 2520
- 12
- 282
- 10
- 272
- 1520
- 160
- 1680
- 90
- 162
- 12
- 110
- 351
- 6490
- 2640
- 25
- 5
- 12
- 11625
- 180
- 2211
- 40
- 2800
- 3132
- 1920
- 120
- 1456
- 2610
- 300
- 30
- 15
- 9882
- 3795
- 170
- 1008
- 790
- 12
- 40
- 336
- 23
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