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 ₹6700 at 10% per year for 3 years (in ₹)?
- 2.A cricket kit costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 3.A cooler costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 4.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1540. What is the profit (in ₹)?
- 5.A fan bought for ₹2100 is sold for ₹1785. What is the loss per cent?
- 6.What is 80% of 560?
- 7.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹260. What is the profit (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2350. What is the profit (in ₹)?
- 9.What is 60% of 460?
- 10.The price of a bus pass changed from ₹50 to ₹90. What is the percentage increase?
- 11.A sewing machine bought for ₹3000 is sold for ₹2100. What is the loss per cent?
- 12.What is the amount (principal + simple interest) on ₹5300 at 4% per year for 4 years (in ₹)?
- 13.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2910. What is the profit (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 3 years (in ₹)?
- 15.A cricket kit bought for ₹600 is sold for ₹510. What is the loss per cent?
- 16.What is the amount (principal + simple interest) on ₹3600 at 9% per year for 1 year (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 1 year (in ₹)?
- 18.A mobile phone bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 19.The price of a water bottle changed from ₹400 to ₹760. What is the percentage increase?
- 20.A cooler bought for ₹3800 is sold for ₹3990. What is the profit per cent?
- 21.What is the amount (principal + simple interest) on ₹9600 at 8% per year for 3 years (in ₹)?
- 22.What is 30% of 380?
- 23.What is 25% of 960?
- 24.What is 35% of 660?
- 25.What is the amount (principal + simple interest) on ₹1800 at 10% per year for 2 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹9700 at 11% per year for 5 years (in ₹)?
- 27.The price of a pair of shoes changed from ₹500 to ₹490. What is the percentage decrease?
- 28.What is 60% of 960?
- 29.What is the simple interest on ₹2600 at 10% per year for 5 years (in ₹)?
- 30.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1350. What is the loss (in ₹)?
- 31.The price of a bus pass changed from ₹400 to ₹420. What is the percentage increase?
- 32.A watch bought for ₹600 is sold for ₹570. What is the loss per cent?
- 33.A cycle bought for ₹2900 is sold for ₹4060. What is the profit per cent?
- 34.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹770. What is the profit (in ₹)?
- 35.What is 65% of 700?
- 36.What is the simple interest on ₹1000 at 3% per year for 1 year (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹9300 at 5% per year for 5 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹6000 at 7% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹2000 at 10% per year for 5 years (in ₹)?
- 40.A shopkeeper buys a cooler for ₹650 and sells it for ₹400. What is the loss (in ₹)?
Answer key
- 2010
- 3300
- 4000
- 140
- 15
- 448
- 10
- 250
- 276
- 80
- 30
- 6148
- 260
- 4445
- 15
- 3924
- 7035
- 25
- 90
- 5
- 11904
- 114
- 240
- 231
- 2160
- 15035
- 2
- 576
- 1300
- 150
- 5
- 5
- 40
- 20
- 455
- 30
- 11625
- 6840
- 3000
- 250
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