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.What is the amount (principal + simple interest) on ₹2700 at 2% per year for 1 year (in ₹)?
- 2.A cooler costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 3.What is 40% of 720?
- 4.A cycle bought for ₹1000 is sold for ₹1050. What is the profit per cent?
- 5.What is 95% of 740?
- 6.What is 10% of 380?
- 7.A table costs ₹3300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 8.The price of a school bag changed from ₹100 to ₹90. What is the percentage decrease?
- 9.What is 65% of 700?
- 10.A shopkeeper buys a watch for ₹1100 and sells it for ₹1080. What is the loss (in ₹)?
- 11.A shopkeeper buys a fan for ₹2800 and sells it for ₹2620. What is the loss (in ₹)?
- 12.A cycle costs ₹200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 13.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹700 at 3% per year for 2 years (in ₹)?
- 15.What is the simple interest on ₹6900 at 7% per year for 2 years (in ₹)?
- 16.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1560. What is the loss (in ₹)?
- 17.A table bought for ₹700 is sold for ₹560. What is the loss per cent?
- 18.A cooler costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹9000 at 8% per year for 2 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 3 years (in ₹)?
- 21.What is 35% of 960?
- 22.A mobile phone costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹9300 at 7% per year for 4 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1200 at 9% per year for 1 year (in ₹)?
- 25.The price of a bus pass changed from ₹400 to ₹700. What is the percentage increase?
- 26.What is 10% of 940?
- 27.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 2 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹5400 at 9% per year for 5 years (in ₹)?
- 29.A table costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 30.A sewing machine bought for ₹1400 is sold for ₹1568. What is the profit per cent?
- 31.What is 15% of 980?
- 32.A shopkeeper buys a cooler for ₹800 and sells it for ₹670. What is the loss (in ₹)?
- 33.A shopkeeper buys a table for ₹1700 and sells it for ₹1710. What is the profit (in ₹)?
- 34.A cricket kit bought for ₹2100 is sold for ₹2352. What is the profit per cent?
- 35.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
- 36.The price of a bus pass changed from ₹50 to ₹90. What is the percentage increase?
- 37.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1630. What is the loss (in ₹)?
- 38.What is the simple interest on ₹9700 at 5% per year for 4 years (in ₹)?
- 39.The price of a box of mangoes changed from ₹500 to ₹250. What is the percentage decrease?
- 40.A cooler costs ₹1500. It is sold at a 50% profit. What is the selling price (in ₹)?
Answer key
- 2754
- 630
- 288
- 5
- 703
- 38
- 1650
- 10
- 455
- 20
- 180
- 250
- 90
- 742
- 966
- 140
- 20
- 1350
- 10440
- 3894
- 336
- 3630
- 11904
- 1308
- 75
- 94
- 6760
- 7830
- 1680
- 12
- 147
- 130
- 10
- 12
- 25
- 80
- 270
- 1940
- 50
- 2250
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