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 sewing machine bought for ₹1500 is sold for ₹1680. What is the profit per cent?
- 2.A cycle costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 3.What is the simple interest on ₹1500 at 7% per year for 2 years (in ₹)?
- 4.What is the simple interest on ₹1500 at 10% per year for 3 years (in ₹)?
- 5.What is 25% of 640?
- 6.What is the amount (principal + simple interest) on ₹9800 at 12% per year for 1 year (in ₹)?
- 7.A cricket kit costs ₹3600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 2 years (in ₹)?
- 9.A mobile phone bought for ₹300 is sold for ₹240. What is the loss per cent?
- 10.A sewing machine costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
- 12.What is the amount (principal + simple interest) on ₹7400 at 9% per year for 2 years (in ₹)?
- 13.A shopkeeper buys a watch for ₹1300 and sells it for ₹1230. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹6500 at 8% per year for 5 years (in ₹)?
- 15.A shopkeeper buys a watch for ₹2100 and sells it for ₹2170. What is the profit (in ₹)?
- 16.A shopkeeper buys a table for ₹650 and sells it for ₹610. What is the loss (in ₹)?
- 17.What is the simple interest on ₹4300 at 2% per year for 4 years (in ₹)?
- 18.A sewing machine costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 19.A cooler costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹3900 at 3% per year for 3 years (in ₹)?
- 21.What is 80% of 100?
- 22.What is the simple interest on ₹2200 at 3% per year for 3 years (in ₹)?
- 23.A cooler costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 24.The price of a school bag changed from ₹100 to ₹70. What is the percentage decrease?
- 25.A sewing machine costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 26.What is 70% of 200?
- 27.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 3 years (in ₹)?
- 28.A fan costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6800 at 4% per year for 3 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 4 years (in ₹)?
- 31.What is 40% of 840?
- 32.The price of a cricket ball changed from ₹500 to ₹300. What is the percentage decrease?
- 33.The price of a pair of shoes changed from ₹400 to ₹40. What is the percentage decrease?
- 34.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹800 at 8% per year for 2 years (in ₹)?
- 36.What is the simple interest on ₹1900 at 5% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1380. What is the loss (in ₹)?
- 38.A shopkeeper buys a watch for ₹1950 and sells it for ₹1850. What is the loss (in ₹)?
- 39.A table bought for ₹200 is sold for ₹224. What is the profit per cent?
- 40.What is 55% of 60?
Answer key
- 12
- 3750
- 210
- 450
- 160
- 10976
- 2700
- 1232
- 20
- 900
- 80
- 8732
- 70
- 9100
- 70
- 40
- 344
- 500
- 1260
- 351
- 80
- 198
- 1250
- 30
- 5100
- 140
- 13000
- 3248
- 7616
- 5104
- 336
- 40
- 90
- 2266
- 128
- 380
- 270
- 100
- 12
- 33
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