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 ₹2900 is sold for ₹3770. What is the profit per cent?
- 2.What is the simple interest on ₹9400 at 2% per year for 2 years (in ₹)?
- 3.What is the simple interest on ₹2100 at 6% per year for 1 year (in ₹)?
- 4.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3090. What is the profit (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹9300 at 9% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹1900 at 10% per year for 3 years (in ₹)?
- 7.A fan costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 8.A cooler costs ₹400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5000 at 4% per year for 4 years (in ₹)?
- 10.What is the simple interest on ₹5800 at 11% per year for 3 years (in ₹)?
- 11.A fan bought for ₹700 is sold for ₹490. What is the loss per cent?
- 12.A shopkeeper buys a watch for ₹1100 and sells it for ₹1180. What is the profit (in ₹)?
- 13.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹7100 at 12% per year for 3 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹2600 at 12% per year for 1 year (in ₹)?
- 16.What is 65% of 660?
- 17.A fan bought for ₹200 is sold for ₹150. What is the loss per cent?
- 18.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 1 year (in ₹)?
- 19.What is 90% of 660?
- 20.What is 70% of 900?
- 21.The price of a box of mangoes changed from ₹40 to ₹72. What is the percentage increase?
- 22.What is the amount (principal + simple interest) on ₹2500 at 8% per year for 2 years (in ₹)?
- 23.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
- 24.A watch costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹1800 at 9% per year for 1 year (in ₹)?
- 26.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹690. What is the profit (in ₹)?
- 27.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹710. What is the profit (in ₹)?
- 28.What is the simple interest on ₹1700 at 3% per year for 1 year (in ₹)?
- 29.What is 25% of 260?
- 30.A cycle bought for ₹1300 is sold for ₹780. What is the loss per cent?
- 31.A shopkeeper buys a table for ₹2750 and sells it for ₹2480. What is the loss (in ₹)?
- 32.A sewing machine bought for ₹2800 is sold for ₹1400. What is the loss per cent?
- 33.A fan bought for ₹300 is sold for ₹270. What is the loss per cent?
- 34.A cycle bought for ₹900 is sold for ₹1008. What is the profit per cent?
- 35.The price of a water bottle changed from ₹80 to ₹88. What is the percentage increase?
- 36.What is the amount (principal + simple interest) on ₹2100 at 8% per year for 1 year (in ₹)?
- 37.What is 90% of 420?
- 38.What is 10% of 520?
- 39.What is the simple interest on ₹2900 at 4% per year for 1 year (in ₹)?
- 40.What is 90% of 360?
Answer key
- 30
- 376
- 126
- 240
- 10137
- 2470
- 2970
- 352
- 5800
- 1914
- 30
- 80
- 110
- 9656
- 2912
- 429
- 25
- 4840
- 594
- 630
- 80
- 2900
- 10
- 1232
- 162
- 140
- 260
- 51
- 65
- 40
- 270
- 50
- 10
- 12
- 10
- 2268
- 378
- 52
- 116
- 324
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