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 bought for ₹800 is sold for ₹960. What is the profit per cent?
- 2.What is the simple interest on ₹2200 at 9% per year for 1 year (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 1 year (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹7700 at 5% per year for 4 years (in ₹)?
- 5.A cycle costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 6.A fan costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 5 years (in ₹)?
- 8.A fan bought for ₹500 is sold for ₹300. What is the loss per cent?
- 9.What is the amount (principal + simple interest) on ₹9400 at 9% per year for 2 years (in ₹)?
- 10.A shopkeeper buys a table for ₹2350 and sells it for ₹2270. What is the loss (in ₹)?
- 11.A cycle bought for ₹3600 is sold for ₹2700. What is the loss per cent?
- 12.What is the simple interest on ₹1300 at 3% per year for 4 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 5 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹9200 at 6% per year for 3 years (in ₹)?
- 15.What is 25% of 620?
- 16.A cycle costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 17.What is 85% of 840?
- 18.What is 5% of 960?
- 19.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2610. What is the profit (in ₹)?
- 20.What is the simple interest on ₹7200 at 10% per year for 5 years (in ₹)?
- 21.A cricket kit bought for ₹200 is sold for ₹250. What is the profit per cent?
- 22.A cooler costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 23.A shopkeeper buys a cooler for ₹2800 and sells it for ₹3000. What is the profit (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1500 at 4% per year for 2 years (in ₹)?
- 25.A mobile phone costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 26.The price of a box of mangoes changed from ₹50 to ₹35. What is the percentage decrease?
- 27.What is 30% of 860?
- 28.The price of a pair of shoes changed from ₹500 to ₹350. What is the percentage decrease?
- 29.A shopkeeper buys a cooler for ₹300 and sells it for ₹220. What is the loss (in ₹)?
- 30.A shopkeeper buys a watch for ₹450 and sells it for ₹290. What is the loss (in ₹)?
- 31.What is 40% of 680?
- 32.A table bought for ₹900 is sold for ₹1008. What is the profit per cent?
- 33.What is the amount (principal + simple interest) on ₹7100 at 10% per year for 1 year (in ₹)?
- 34.What is the simple interest on ₹1400 at 2% per year for 2 years (in ₹)?
- 35.A cricket kit costs ₹2400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 36.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 37.A shopkeeper buys a cooler for ₹550 and sells it for ₹740. What is the profit (in ₹)?
- 38.The price of a cricket ball changed from ₹500 to ₹375. What is the percentage decrease?
- 39.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹570. What is the loss (in ₹)?
- 40.A cricket kit bought for ₹1600 is sold for ₹1408. What is the loss per cent?
Answer key
- 20
- 198
- 6630
- 9240
- 425
- 2375
- 9715
- 40
- 11092
- 80
- 25
- 156
- 5520
- 10856
- 155
- 255
- 714
- 48
- 110
- 3600
- 25
- 1800
- 200
- 1620
- 765
- 30
- 258
- 30
- 80
- 160
- 272
- 12
- 7810
- 56
- 1200
- 40
- 190
- 25
- 30
- 12
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