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 shopkeeper buys a cycle for ₹1700 and sells it for ₹1910. What is the profit (in ₹)?
- 2.A fan bought for ₹400 is sold for ₹240. What is the loss per cent?
- 3.A fan costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹3700 at 7% per year for 2 years (in ₹)?
- 5.A cycle costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 6.The price of a box of mangoes changed from ₹400 to ₹40. What is the percentage decrease?
- 7.A cricket kit bought for ₹300 is sold for ₹264. What is the loss per cent?
- 8.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
- 9.A cricket kit bought for ₹1400 is sold for ₹1050. What is the loss per cent?
- 10.What is 75% of 900?
- 11.What is 25% of 240?
- 12.What is the amount (principal + simple interest) on ₹7800 at 3% per year for 4 years (in ₹)?
- 13.What is 90% of 740?
- 14.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
- 15.What is 5% of 500?
- 16.What is the simple interest on ₹2900 at 3% per year for 2 years (in ₹)?
- 17.What is 70% of 880?
- 18.What is the simple interest on ₹500 at 3% per year for 2 years (in ₹)?
- 19.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2590. What is the loss (in ₹)?
- 20.What is 70% of 900?
- 21.A fan costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹7000 at 3% per year for 1 year (in ₹)?
- 23.A table costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹700 at 7% per year for 4 years (in ₹)?
- 25.What is the simple interest on ₹9700 at 6% per year for 2 years (in ₹)?
- 26.What is the simple interest on ₹3400 at 3% per year for 2 years (in ₹)?
- 27.What is 95% of 820?
- 28.What is the simple interest on ₹9000 at 9% per year for 5 years (in ₹)?
- 29.A watch costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 30.What is the simple interest on ₹8100 at 8% per year for 2 years (in ₹)?
- 31.A fan costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 32.A fan bought for ₹400 is sold for ₹360. What is the loss per cent?
- 33.What is the amount (principal + simple interest) on ₹1000 at 11% per year for 2 years (in ₹)?
- 34.A cricket kit costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 35.The price of a pair of shoes changed from ₹20 to ₹28. What is the percentage increase?
- 36.A watch bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 37.The price of a school bag changed from ₹50 to ₹80. What is the percentage increase?
- 38.A shopkeeper buys a cycle for ₹1200 and sells it for ₹900. What is the loss (in ₹)?
- 39.A watch bought for ₹500 is sold for ₹300. What is the loss per cent?
- 40.What is the amount (principal + simple interest) on ₹9200 at 12% per year for 4 years (in ₹)?
Answer key
- 210
- 40
- 2640
- 4218
- 315
- 90
- 12
- 30
- 25
- 675
- 60
- 8736
- 666
- 30
- 25
- 174
- 616
- 30
- 260
- 630
- 3135
- 210
- 950
- 196
- 1164
- 204
- 779
- 4050
- 704
- 1296
- 220
- 10
- 1220
- 2100
- 40
- 20
- 60
- 300
- 40
- 13616
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