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 fan bought for ₹2500 is sold for ₹2125. What is the loss per cent?
- 2.What is the simple interest on ₹7000 at 3% per year for 2 years (in ₹)?
- 3.A mobile phone bought for ₹1500 is sold for ₹1575. What is the profit per cent?
- 4.A fan costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 5.What is 10% of 960?
- 6.A cricket kit bought for ₹400 is sold for ₹600. What is the profit per cent?
- 7.What is the simple interest on ₹6100 at 7% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a watch for ₹1400 and sells it for ₹1610. What is the profit (in ₹)?
- 9.The price of a water bottle changed from ₹500 to ₹510. What is the percentage increase?
- 10.What is the simple interest on ₹2400 at 2% per year for 5 years (in ₹)?
- 11.What is the simple interest on ₹2500 at 2% per year for 3 years (in ₹)?
- 12.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1690. What is the loss (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3300 at 9% per year for 5 years (in ₹)?
- 14.What is 65% of 140?
- 15.What is the simple interest on ₹10000 at 4% per year for 1 year (in ₹)?
- 16.What is the simple interest on ₹2800 at 10% per year for 2 years (in ₹)?
- 17.A fan bought for ₹4000 is sold for ₹2800. What is the loss per cent?
- 18.What is 5% of 360?
- 19.What is 20% of 660?
- 20.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹140. What is the loss (in ₹)?
- 21.A shopkeeper buys a cycle for ₹200 and sells it for ₹270. What is the profit (in ₹)?
- 22.A cricket kit bought for ₹2000 is sold for ₹2400. What is the profit per cent?
- 23.A cycle bought for ₹400 is sold for ₹448. What is the profit per cent?
- 24.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 2 years (in ₹)?
- 25.What is the simple interest on ₹8600 at 9% per year for 2 years (in ₹)?
- 26.What is the simple interest on ₹1800 at 10% per year for 4 years (in ₹)?
- 27.What is the simple interest on ₹800 at 8% per year for 3 years (in ₹)?
- 28.What is 10% of 120?
- 29.What is 10% of 740?
- 30.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹640. What is the profit (in ₹)?
- 31.A table costs ₹2900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹4100 at 5% per year for 3 years (in ₹)?
- 33.What is 75% of 1000?
- 34.What is 70% of 660?
- 35.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
- 36.The price of a school bag changed from ₹80 to ₹60. What is the percentage decrease?
- 37.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 5 years (in ₹)?
- 38.A watch costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 39.A cooler bought for ₹600 is sold for ₹528. What is the loss per cent?
- 40.A watch bought for ₹400 is sold for ₹420. What is the profit per cent?
Answer key
- 15
- 420
- 5
- 5000
- 96
- 50
- 427
- 210
- 2
- 240
- 150
- 10
- 4785
- 91
- 400
- 560
- 30
- 18
- 132
- 60
- 70
- 20
- 12
- 7176
- 1548
- 720
- 192
- 12
- 74
- 290
- 2030
- 615
- 750
- 462
- 80
- 25
- 2755
- 1350
- 12
- 5
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