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 fan for ₹450 and sells it for ₹590. What is the profit (in ₹)?
- 2.What is 65% of 260?
- 3.A table costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 4.The price of a school bag changed from ₹500 to ₹250. What is the percentage decrease?
- 5.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 2 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹8900 at 6% per year for 2 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹8800 at 7% per year for 1 year (in ₹)?
- 8.A cricket kit bought for ₹3800 is sold for ₹3344. What is the loss per cent?
- 9.What is the amount (principal + simple interest) on ₹1600 at 9% per year for 2 years (in ₹)?
- 10.What is 70% of 160?
- 11.A table bought for ₹3000 is sold for ₹2640. What is the loss per cent?
- 12.What is 65% of 880?
- 13.What is the amount (principal + simple interest) on ₹9300 at 10% per year for 4 years (in ₹)?
- 14.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2390. What is the loss (in ₹)?
- 15.What is the simple interest on ₹3700 at 7% per year for 2 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹3800 at 7% per year for 1 year (in ₹)?
- 17.A mobile phone bought for ₹3800 is sold for ₹5320. What is the profit per cent?
- 18.What is 45% of 520?
- 19.What is 95% of 380?
- 20.What is the amount (principal + simple interest) on ₹5100 at 12% per year for 2 years (in ₹)?
- 21.A sewing machine costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 22.A cycle bought for ₹1200 is sold for ₹1260. What is the profit per cent?
- 23.A sewing machine costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 24.What is 15% of 720?
- 25.A fan costs ₹2400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 26.A cooler bought for ₹800 is sold for ₹896. What is the profit per cent?
- 27.A cycle bought for ₹800 is sold for ₹960. What is the profit per cent?
- 28.A shopkeeper buys a watch for ₹2400 and sells it for ₹2320. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 5 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹3300 at 3% per year for 1 year (in ₹)?
- 31.The price of a water bottle changed from ₹400 to ₹40. What is the percentage decrease?
- 32.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 3 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 2 years (in ₹)?
- 34.What is the simple interest on ₹9000 at 8% per year for 3 years (in ₹)?
- 35.What is the simple interest on ₹5200 at 7% per year for 5 years (in ₹)?
- 36.A cycle bought for ₹600 is sold for ₹690. What is the profit per cent?
- 37.What is the amount (principal + simple interest) on ₹5900 at 9% per year for 4 years (in ₹)?
- 38.What is the simple interest on ₹5600 at 8% per year for 5 years (in ₹)?
- 39.A sewing machine bought for ₹1200 is sold for ₹1320. What is the profit per cent?
- 40.What is 40% of 1000?
Answer key
- 140
- 169
- 5600
- 50
- 8320
- 9968
- 9416
- 12
- 1888
- 112
- 12
- 572
- 13020
- 10
- 518
- 4066
- 40
- 234
- 361
- 6324
- 420
- 5
- 1800
- 108
- 2040
- 12
- 20
- 80
- 7475
- 3399
- 90
- 3720
- 6864
- 2160
- 1820
- 15
- 8024
- 2240
- 10
- 400
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