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 cricket kit bought for ₹1200 is sold for ₹1260. What is the profit per cent?
- 2.The price of a pair of shoes changed from ₹250 to ₹245. What is the percentage decrease?
- 3.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 4 years (in ₹)?
- 4.A table bought for ₹2700 is sold for ₹1350. What is the loss per cent?
- 5.What is the amount (principal + simple interest) on ₹4700 at 6% per year for 2 years (in ₹)?
- 6.A cricket kit costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 7.A cooler costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹3900 at 8% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1060. What is the profit (in ₹)?
- 10.What is 80% of 820?
- 11.A sewing machine costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 12.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
- 13.What is the simple interest on ₹6300 at 4% per year for 4 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹6800 at 2% per year for 3 years (in ₹)?
- 15.A fan costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 16.What is the simple interest on ₹2700 at 9% per year for 3 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹2000 at 9% per year for 2 years (in ₹)?
- 18.A table bought for ₹3300 is sold for ₹3960. What is the profit per cent?
- 19.A cycle bought for ₹2600 is sold for ₹2080. What is the loss per cent?
- 20.What is 85% of 220?
- 21.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2820. What is the profit (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹1100 at 3% per year for 4 years (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹2250 and sells it for ₹2450. What is the profit (in ₹)?
- 24.A mobile phone bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 25.A fan bought for ₹3800 is sold for ₹4750. What is the profit per cent?
- 26.A shopkeeper buys a table for ₹1750 and sells it for ₹1560. What is the loss (in ₹)?
- 27.A shopkeeper buys a cycle for ₹750 and sells it for ₹790. What is the profit (in ₹)?
- 28.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3070. What is the profit (in ₹)?
- 29.The price of a school bag changed from ₹200 to ₹180. What is the percentage decrease?
- 30.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 3 years (in ₹)?
- 31.A mobile phone bought for ₹500 is sold for ₹650. What is the profit per cent?
- 32.The price of a cricket ball changed from ₹400 to ₹408. What is the percentage increase?
- 33.A cycle bought for ₹4000 is sold for ₹3000. What is the loss per cent?
- 34.What is the simple interest on ₹9400 at 4% per year for 4 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 5 years (in ₹)?
- 36.What is the simple interest on ₹1100 at 12% per year for 3 years (in ₹)?
- 37.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2810. What is the profit (in ₹)?
- 38.A mobile phone costs ₹2400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 39.A mobile phone bought for ₹1900 is sold for ₹950. What is the loss per cent?
- 40.What is 15% of 820?
Answer key
- 5
- 2
- 9184
- 50
- 5264
- 1400
- 792
- 936
- 60
- 656
- 540
- 60
- 1008
- 7208
- 1144
- 729
- 2360
- 20
- 20
- 187
- 270
- 1232
- 200
- 5
- 25
- 190
- 40
- 170
- 10
- 3584
- 30
- 2
- 25
- 1504
- 7935
- 396
- 10
- 1920
- 50
- 123
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