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 cooler costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 2.A mobile phone bought for ₹3200 is sold for ₹3360. What is the profit per cent?
- 3.A cycle costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 4.What is the simple interest on ₹8300 at 4% per year for 5 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹1800 at 12% per year for 3 years (in ₹)?
- 6.What is 80% of 420?
- 7.What is the simple interest on ₹5200 at 4% per year for 1 year (in ₹)?
- 8.What is 10% of 840?
- 9.What is 35% of 840?
- 10.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 11.What is the amount (principal + simple interest) on ₹4900 at 2% per year for 4 years (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹3100 at 7% per year for 2 years (in ₹)?
- 13.What is 5% of 500?
- 14.What is the amount (principal + simple interest) on ₹600 at 12% per year for 2 years (in ₹)?
- 15.The price of a school bag changed from ₹200 to ₹40. What is the percentage decrease?
- 16.What is 60% of 620?
- 17.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2240. What is the profit (in ₹)?
- 18.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2020. What is the loss (in ₹)?
- 19.What is 80% of 840?
- 20.A watch costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 21.A shopkeeper buys a table for ₹400 and sells it for ₹210. What is the loss (in ₹)?
- 22.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
- 23.What is 35% of 500?
- 24.What is the amount (principal + simple interest) on ₹1400 at 8% per year for 5 years (in ₹)?
- 25.A mobile phone bought for ₹200 is sold for ₹210. What is the profit per cent?
- 26.A cricket kit bought for ₹2200 is sold for ₹1936. What is the loss per cent?
- 27.What is the amount (principal + simple interest) on ₹7400 at 11% per year for 4 years (in ₹)?
- 28.What is 25% of 100?
- 29.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1470. What is the profit (in ₹)?
- 30.A shopkeeper buys a cooler for ₹2850 and sells it for ₹3040. What is the profit (in ₹)?
- 31.A cycle costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹4800 at 8% per year for 3 years (in ₹)?
- 33.A cycle costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹7000 at 6% per year for 2 years (in ₹)?
- 35.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1420. What is the loss (in ₹)?
- 36.A shopkeeper buys a fan for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
- 37.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
- 38.What is the simple interest on ₹8600 at 4% per year for 1 year (in ₹)?
- 39.A cricket kit bought for ₹1800 is sold for ₹900. What is the loss per cent?
- 40.What is 75% of 140?
Answer key
- 2100
- 5
- 735
- 1660
- 2448
- 336
- 208
- 84
- 294
- 80
- 5292
- 3534
- 25
- 744
- 80
- 372
- 140
- 230
- 672
- 5320
- 190
- 20
- 175
- 1960
- 5
- 12
- 10656
- 25
- 20
- 190
- 1425
- 1152
- 1584
- 7840
- 80
- 240
- 20
- 344
- 50
- 105
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