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 simple interest on ₹8100 at 5% per year for 2 years (in ₹)?
- 2.A cycle costs ₹3700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 3.What is 20% of 380?
- 4.What is 25% of 580?
- 5.A cycle bought for ₹3400 is sold for ₹4760. What is the profit per cent?
- 6.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1320. What is the loss (in ₹)?
- 7.What is the simple interest on ₹2100 at 11% per year for 4 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹8000 at 9% per year for 1 year (in ₹)?
- 9.The price of a pair of shoes changed from ₹50 to ₹51. What is the percentage increase?
- 10.What is the amount (principal + simple interest) on ₹6400 at 11% per year for 5 years (in ₹)?
- 11.What is 85% of 320?
- 12.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹620. What is the loss (in ₹)?
- 13.A sewing machine costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 14.A sewing machine bought for ₹300 is sold for ₹255. What is the loss per cent?
- 15.A cooler costs ₹1200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 16.What is 5% of 120?
- 17.What is the simple interest on ₹9200 at 9% per year for 3 years (in ₹)?
- 18.The price of a box of mangoes changed from ₹40 to ₹76. What is the percentage increase?
- 19.A fan bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 20.A shopkeeper buys a watch for ₹2550 and sells it for ₹2850. What is the profit (in ₹)?
- 21.A cricket kit costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 22.A watch costs ₹1300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹4900 at 12% per year for 1 year (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1240. What is the loss (in ₹)?
- 25.The price of a water bottle changed from ₹200 to ₹50. What is the percentage decrease?
- 26.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1880. What is the profit (in ₹)?
- 27.The price of a cricket ball changed from ₹200 to ₹360. What is the percentage increase?
- 28.What is 30% of 740?
- 29.The price of a pair of shoes changed from ₹200 to ₹80. What is the percentage decrease?
- 30.A mobile phone costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 31.What is 65% of 920?
- 32.A watch costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 33.A fan bought for ₹3700 is sold for ₹5550. What is the profit per cent?
- 34.The price of a bus pass changed from ₹80 to ₹72. What is the percentage decrease?
- 35.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2350. What is the loss (in ₹)?
- 36.What is the simple interest on ₹1500 at 6% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a watch for ₹2600 and sells it for ₹2380. What is the loss (in ₹)?
- 38.A cooler costs ₹1400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 39.A table bought for ₹200 is sold for ₹240. What is the profit per cent?
- 40.The price of a bus pass changed from ₹80 to ₹120. What is the percentage increase?
Answer key
- 810
- 2220
- 76
- 145
- 40
- 130
- 924
- 8720
- 2
- 9920
- 272
- 130
- 2320
- 15
- 1560
- 6
- 2484
- 90
- 5
- 300
- 375
- 1820
- 5488
- 10
- 75
- 280
- 80
- 222
- 60
- 480
- 598
- 315
- 50
- 10
- 100
- 450
- 220
- 840
- 20
- 50
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