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 ₹1600 is sold for ₹1920. What is the profit per cent?
- 2.What is the amount (principal + simple interest) on ₹4800 at 6% per year for 2 years (in ₹)?
- 3.What is 25% of 140?
- 4.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1110. What is the loss (in ₹)?
- 5.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1230. What is the profit (in ₹)?
- 6.What is 65% of 400?
- 7.What is the simple interest on ₹5300 at 8% per year for 1 year (in ₹)?
- 8.What is 20% of 260?
- 9.What is the simple interest on ₹3200 at 8% per year for 2 years (in ₹)?
- 10.What is the simple interest on ₹1700 at 6% per year for 2 years (in ₹)?
- 11.A cycle bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 12.The price of a cricket ball changed from ₹25 to ₹10. What is the percentage decrease?
- 13.What is the amount (principal + simple interest) on ₹9000 at 12% per year for 4 years (in ₹)?
- 14.A cooler bought for ₹2300 is sold for ₹1380. What is the loss per cent?
- 15.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1900. What is the loss (in ₹)?
- 16.A cooler costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 17.A watch costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 18.A cycle bought for ₹3000 is sold for ₹3300. What is the profit per cent?
- 19.The price of a cricket ball changed from ₹40 to ₹24. What is the percentage decrease?
- 20.What is 90% of 280?
- 21.A shopkeeper buys a table for ₹2600 and sells it for ₹2790. What is the profit (in ₹)?
- 22.What is 80% of 540?
- 23.A cooler costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹8400 at 8% per year for 2 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2300 at 2% per year for 5 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹3400 at 12% per year for 2 years (in ₹)?
- 27.What is 40% of 700?
- 28.What is the simple interest on ₹2600 at 4% per year for 2 years (in ₹)?
- 29.A cricket kit costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 30.What is 95% of 360?
- 31.A cycle costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 32.What is 80% of 980?
- 33.What is 10% of 960?
- 34.What is the simple interest on ₹4600 at 8% per year for 1 year (in ₹)?
- 35.A shopkeeper buys a fan for ₹2300 and sells it for ₹2370. What is the profit (in ₹)?
- 36.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2840. What is the profit (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 3 years (in ₹)?
- 38.A shopkeeper buys a table for ₹300 and sells it for ₹70. What is the loss (in ₹)?
- 39.The price of a bus pass changed from ₹80 to ₹120. What is the percentage increase?
- 40.A fan bought for ₹1900 is sold for ₹1425. What is the loss per cent?
Answer key
- 20
- 5376
- 35
- 290
- 180
- 260
- 424
- 52
- 512
- 204
- 25
- 60
- 13320
- 40
- 100
- 3300
- 150
- 10
- 40
- 252
- 190
- 432
- 2520
- 1344
- 2530
- 4216
- 280
- 208
- 2775
- 342
- 2970
- 784
- 96
- 368
- 70
- 240
- 8050
- 230
- 50
- 25
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