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 cycle bought for ₹1100 is sold for ₹825. What is the loss per cent?
- 2.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2270. What is the loss (in ₹)?
- 3.What is the simple interest on ₹6200 at 10% per year for 1 year (in ₹)?
- 4.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 5.A shopkeeper buys a cooler for ₹450 and sells it for ₹750. What is the profit (in ₹)?
- 6.What is 5% of 980?
- 7.What is the simple interest on ₹8800 at 8% per year for 4 years (in ₹)?
- 8.A table bought for ₹1700 is sold for ₹1870. What is the profit per cent?
- 9.What is the amount (principal + simple interest) on ₹7800 at 9% per year for 1 year (in ₹)?
- 10.What is the simple interest on ₹9500 at 8% per year for 3 years (in ₹)?
- 11.A watch costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 12.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2810. What is the profit (in ₹)?
- 13.What is 40% of 180?
- 14.What is the simple interest on ₹6300 at 3% per year for 3 years (in ₹)?
- 15.A fan bought for ₹500 is sold for ₹700. What is the profit per cent?
- 16.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
- 17.What is the simple interest on ₹5900 at 2% per year for 1 year (in ₹)?
- 18.A table costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 19.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1890. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 3 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹3300 at 5% per year for 3 years (in ₹)?
- 22.What is the simple interest on ₹3700 at 2% per year for 5 years (in ₹)?
- 23.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
- 24.A sewing machine costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 25.What is 75% of 180?
- 26.A watch bought for ₹2300 is sold for ₹2576. What is the profit per cent?
- 27.A mobile phone costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 28.What is the simple interest on ₹8400 at 12% per year for 5 years (in ₹)?
- 29.What is 20% of 320?
- 30.What is 20% of 120?
- 31.What is 80% of 240?
- 32.A table bought for ₹1500 is sold for ₹1350. What is the loss per cent?
- 33.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
- 34.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2300. What is the loss (in ₹)?
- 35.What is the simple interest on ₹2800 at 11% per year for 4 years (in ₹)?
- 36.What is 75% of 280?
- 37.What is 20% of 940?
- 38.What is the amount (principal + simple interest) on ₹7300 at 5% per year for 2 years (in ₹)?
- 39.What is 15% of 220?
- 40.A shopkeeper buys a fan for ₹2050 and sells it for ₹1910. What is the loss (in ₹)?
Answer key
- 25
- 80
- 620
- 80
- 300
- 49
- 2816
- 10
- 8502
- 2280
- 1440
- 10
- 72
- 567
- 40
- 2
- 118
- 345
- 190
- 4033
- 3795
- 370
- 10
- 1700
- 135
- 12
- 1430
- 5040
- 64
- 24
- 192
- 10
- 40
- 300
- 1232
- 210
- 188
- 8030
- 33
- 140
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