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 mobile phone bought for ₹3600 is sold for ₹5040. What is the profit per cent?
- 2.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 1 year (in ₹)?
- 3.The price of a bus pass changed from ₹40 to ₹16. What is the percentage decrease?
- 4.A cycle costs ₹1600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 1 year (in ₹)?
- 6.What is 5% of 820?
- 7.A cycle bought for ₹2900 is sold for ₹2030. What is the loss per cent?
- 8.A cycle bought for ₹500 is sold for ₹700. What is the profit per cent?
- 9.A shopkeeper buys a cooler for ₹700 and sells it for ₹410. What is the loss (in ₹)?
- 10.The price of a bus pass changed from ₹20 to ₹30. What is the percentage increase?
- 11.What is the amount (principal + simple interest) on ₹10000 at 2% per year for 3 years (in ₹)?
- 12.A table bought for ₹3200 is sold for ₹3520. What is the profit per cent?
- 13.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 5 years (in ₹)?
- 14.A shopkeeper buys a fan for ₹450 and sells it for ₹740. What is the profit (in ₹)?
- 15.A cooler costs ₹3500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 16.What is the simple interest on ₹600 at 5% per year for 1 year (in ₹)?
- 17.A table costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹500 at 8% per year for 5 years (in ₹)?
- 19.A mobile phone bought for ₹600 is sold for ₹528. What is the loss per cent?
- 20.What is the simple interest on ₹1300 at 3% per year for 1 year (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 3 years (in ₹)?
- 22.A cooler bought for ₹1500 is sold for ₹1350. What is the loss per cent?
- 23.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
- 24.What is 25% of 660?
- 25.What is the amount (principal + simple interest) on ₹3600 at 9% per year for 5 years (in ₹)?
- 26.What is 85% of 40?
- 27.The price of a cricket ball changed from ₹80 to ₹152. What is the percentage increase?
- 28.The price of a school bag changed from ₹400 to ₹380. What is the percentage decrease?
- 29.A shopkeeper buys a cycle for ₹450 and sells it for ₹270. What is the loss (in ₹)?
- 30.A shopkeeper buys a watch for ₹1000 and sells it for ₹710. What is the loss (in ₹)?
- 31.A shopkeeper buys a watch for ₹1050 and sells it for ₹1110. What is the profit (in ₹)?
- 32.What is 95% of 640?
- 33.What is the simple interest on ₹4700 at 4% per year for 5 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹6500 at 11% per year for 5 years (in ₹)?
- 35.A watch bought for ₹3200 is sold for ₹4800. What is the profit per cent?
- 36.What is 10% of 640?
- 37.A watch bought for ₹700 is sold for ₹490. What is the loss per cent?
- 38.What is the simple interest on ₹10000 at 5% per year for 1 year (in ₹)?
- 39.What is 55% of 160?
- 40.What is the amount (principal + simple interest) on ₹4000 at 11% per year for 4 years (in ₹)?
Answer key
- 40
- 1976
- 60
- 1840
- 4120
- 41
- 30
- 40
- 290
- 50
- 10600
- 10
- 4370
- 290
- 2975
- 30
- 315
- 200
- 12
- 39
- 5332
- 10
- 170
- 165
- 5220
- 34
- 90
- 5
- 180
- 290
- 60
- 608
- 940
- 10075
- 50
- 64
- 30
- 500
- 88
- 5760
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