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 costs ₹3900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 2.A watch costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹7800 at 11% per year for 5 years (in ₹)?
- 4.A shopkeeper buys a fan for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
- 5.What is the simple interest on ₹6100 at 8% per year for 1 year (in ₹)?
- 6.What is the simple interest on ₹6900 at 3% per year for 4 years (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹2120. What is the profit (in ₹)?
- 8.What is 85% of 740?
- 9.What is 65% of 640?
- 10.A fan bought for ₹800 is sold for ₹896. What is the profit per cent?
- 11.A cooler bought for ₹300 is sold for ₹240. What is the loss per cent?
- 12.A cricket kit costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 13.A watch bought for ₹1400 is sold for ₹1120. What is the loss per cent?
- 14.A mobile phone costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 15.What is 20% of 600?
- 16.What is the simple interest on ₹4400 at 3% per year for 4 years (in ₹)?
- 17.What is the simple interest on ₹1400 at 4% per year for 1 year (in ₹)?
- 18.What is the simple interest on ₹6600 at 2% per year for 2 years (in ₹)?
- 19.What is 30% of 640?
- 20.What is the simple interest on ₹1600 at 7% per year for 1 year (in ₹)?
- 21.What is the simple interest on ₹3200 at 4% per year for 1 year (in ₹)?
- 22.A mobile phone bought for ₹2500 is sold for ₹3000. What is the profit per cent?
- 23.What is 85% of 60?
- 24.A sewing machine bought for ₹2500 is sold for ₹2625. What is the profit per cent?
- 25.What is the simple interest on ₹8300 at 2% per year for 5 years (in ₹)?
- 26.A sewing machine costs ₹200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 27.The price of a pair of shoes changed from ₹20 to ₹2. What is the percentage decrease?
- 28.What is 95% of 560?
- 29.A cooler costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 2 years (in ₹)?
- 31.The price of a bus pass changed from ₹80 to ₹140. What is the percentage increase?
- 32.A cricket kit costs ₹3200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹8900 at 9% per year for 1 year (in ₹)?
- 34.A cricket kit costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹9100 at 10% per year for 2 years (in ₹)?
- 36.What is 40% of 220?
- 37.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 1 year (in ₹)?
- 38.What is the simple interest on ₹4300 at 5% per year for 1 year (in ₹)?
- 39.The price of a school bag changed from ₹400 to ₹408. What is the percentage increase?
- 40.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
Answer key
- 1950
- 1792
- 12090
- 240
- 488
- 828
- 120
- 629
- 416
- 12
- 20
- 1680
- 20
- 2520
- 120
- 528
- 56
- 264
- 192
- 112
- 128
- 20
- 51
- 5
- 830
- 176
- 90
- 532
- 910
- 6710
- 75
- 2560
- 801
- 4420
- 1820
- 88
- 2530
- 215
- 2
- 40
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