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 watch costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 2.What is 10% of 60?
- 3.What is 60% of 380?
- 4.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1370. What is the profit (in ₹)?
- 5.What is the simple interest on ₹1200 at 8% per year for 5 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹6800 at 7% per year for 1 year (in ₹)?
- 7.A cricket kit costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹8900 at 5% per year for 3 years (in ₹)?
- 9.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
- 10.A cooler costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 11.A fan bought for ₹1200 is sold for ₹1080. What is the loss per cent?
- 12.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2800. What is the profit (in ₹)?
- 13.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹460. What is the profit (in ₹)?
- 14.What is the simple interest on ₹9200 at 8% per year for 1 year (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 1 year (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹3800 at 11% per year for 5 years (in ₹)?
- 17.A shopkeeper buys a cycle for ₹300 and sells it for ₹430. What is the profit (in ₹)?
- 18.A cooler costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 19.A cooler bought for ₹2100 is sold for ₹2730. What is the profit per cent?
- 20.A fan bought for ₹1800 is sold for ₹1980. What is the profit per cent?
- 21.What is the simple interest on ₹2400 at 10% per year for 5 years (in ₹)?
- 22.The price of a school bag changed from ₹500 to ₹490. What is the percentage decrease?
- 23.A mobile phone bought for ₹3800 is sold for ₹4560. What is the profit per cent?
- 24.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2900. What is the profit (in ₹)?
- 25.A table costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹2100 at 3% per year for 2 years (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹2100 at 6% per year for 4 years (in ₹)?
- 28.What is 40% of 500?
- 29.A cycle bought for ₹1200 is sold for ₹720. What is the loss per cent?
- 30.A cricket kit bought for ₹3200 is sold for ₹3840. What is the profit per cent?
- 31.A mobile phone costs ₹3600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹8000 at 3% per year for 5 years (in ₹)?
- 33.A shopkeeper buys a fan for ₹600 and sells it for ₹310. What is the loss (in ₹)?
- 34.What is 10% of 320?
- 35.What is 55% of 920?
- 36.A cycle bought for ₹500 is sold for ₹650. What is the profit per cent?
- 37.What is 5% of 100?
- 38.A shopkeeper buys a watch for ₹2500 and sells it for ₹2510. What is the profit (in ₹)?
- 39.What is 90% of 860?
- 40.What is the simple interest on ₹1600 at 12% per year for 1 year (in ₹)?
Answer key
- 420
- 6
- 228
- 70
- 480
- 7276
- 1408
- 10235
- 80
- 2552
- 10
- 150
- 10
- 736
- 3488
- 5890
- 130
- 5320
- 30
- 10
- 1200
- 2
- 20
- 250
- 1100
- 126
- 2604
- 200
- 40
- 20
- 4032
- 1200
- 290
- 32
- 506
- 30
- 5
- 10
- 774
- 192
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