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 sewing machine costs ₹2700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.A cricket kit bought for ₹1600 is sold for ₹1520. What is the loss per cent?
- 3.What is the simple interest on ₹2700 at 3% per year for 3 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹2000 at 9% per year for 5 years (in ₹)?
- 5.What is 90% of 740?
- 6.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 7.What is the amount (principal + simple interest) on ₹5500 at 2% per year for 5 years (in ₹)?
- 8.A shopkeeper buys a watch for ₹2450 and sells it for ₹2480. What is the profit (in ₹)?
- 9.The price of a school bag changed from ₹500 to ₹525. What is the percentage increase?
- 10.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 2 years (in ₹)?
- 11.A mobile phone costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 12.A watch bought for ₹2200 is sold for ₹2640. What is the profit per cent?
- 13.What is the simple interest on ₹2400 at 6% per year for 1 year (in ₹)?
- 14.What is 25% of 760?
- 15.The price of a pair of shoes changed from ₹100 to ₹60. What is the percentage decrease?
- 16.A shopkeeper buys a cooler for ₹400 and sells it for ₹430. What is the profit (in ₹)?
- 17.A fan bought for ₹3300 is sold for ₹3795. What is the profit per cent?
- 18.A shopkeeper buys a cycle for ₹1050 and sells it for ₹790. What is the loss (in ₹)?
- 19.The price of a pair of shoes changed from ₹80 to ₹56. What is the percentage decrease?
- 20.A mobile phone costs ₹700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 21.A shopkeeper buys a watch for ₹2000 and sells it for ₹2110. What is the profit (in ₹)?
- 22.A mobile phone bought for ₹600 is sold for ₹300. What is the loss per cent?
- 23.A shopkeeper buys a cycle for ₹850 and sells it for ₹720. What is the loss (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 3 years (in ₹)?
- 25.What is the simple interest on ₹900 at 11% per year for 1 year (in ₹)?
- 26.What is 70% of 900?
- 27.What is 75% of 600?
- 28.What is the simple interest on ₹3800 at 10% per year for 3 years (in ₹)?
- 29.A fan bought for ₹3500 is sold for ₹3850. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 2 years (in ₹)?
- 31.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹8600 at 9% per year for 5 years (in ₹)?
- 33.A cycle bought for ₹1400 is sold for ₹1750. What is the profit per cent?
- 34.A fan bought for ₹4000 is sold for ₹3000. What is the loss per cent?
- 35.What is the amount (principal + simple interest) on ₹8100 at 12% per year for 5 years (in ₹)?
- 36.What is the simple interest on ₹2200 at 3% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1650. What is the loss (in ₹)?
- 38.A table costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 39.A watch bought for ₹500 is sold for ₹425. What is the loss per cent?
- 40.A table costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
Answer key
- 2430
- 5
- 243
- 2900
- 666
- 40
- 6050
- 30
- 5
- 9360
- 3220
- 20
- 144
- 190
- 40
- 30
- 15
- 260
- 30
- 616
- 110
- 50
- 130
- 1635
- 99
- 630
- 450
- 1140
- 10
- 3392
- 5
- 12470
- 25
- 25
- 12960
- 264
- 100
- 140
- 15
- 1760
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