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 table bought for ₹3600 is sold for ₹2160. What is the loss per cent?
- 2.A cooler bought for ₹2100 is sold for ₹1470. What is the loss per cent?
- 3.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
- 4.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 5 years (in ₹)?
- 5.What is 75% of 380?
- 6.A shopkeeper buys a watch for ₹700 and sells it for ₹660. What is the loss (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 3 years (in ₹)?
- 8.What is the simple interest on ₹1600 at 10% per year for 4 years (in ₹)?
- 9.A table costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 10.What is 25% of 400?
- 11.A fan costs ₹200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 12.What is 35% of 240?
- 13.What is the amount (principal + simple interest) on ₹8900 at 2% per year for 1 year (in ₹)?
- 14.A shopkeeper buys a table for ₹1600 and sells it for ₹1640. What is the profit (in ₹)?
- 15.What is the simple interest on ₹1300 at 5% per year for 4 years (in ₹)?
- 16.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2530. What is the profit (in ₹)?
- 17.What is 55% of 320?
- 18.A cricket kit bought for ₹3100 is sold for ₹4650. What is the profit per cent?
- 19.What is the amount (principal + simple interest) on ₹8200 at 8% per year for 4 years (in ₹)?
- 20.A cricket kit costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹4800 at 11% per year for 4 years (in ₹)?
- 22.A shopkeeper buys a cycle for ₹1200 and sells it for ₹980. What is the loss (in ₹)?
- 23.A cycle costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹600 at 5% per year for 2 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹4100 at 12% per year for 1 year (in ₹)?
- 26.What is 80% of 440?
- 27.What is 20% of 400?
- 28.What is the simple interest on ₹600 at 12% per year for 4 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹8400 at 3% per year for 5 years (in ₹)?
- 30.What is 25% of 180?
- 31.What is the amount (principal + simple interest) on ₹1200 at 12% per year for 1 year (in ₹)?
- 32.A fan costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 33.What is 35% of 740?
- 34.A watch bought for ₹3400 is sold for ₹1700. What is the loss per cent?
- 35.The price of a water bottle changed from ₹80 to ₹96. What is the percentage increase?
- 36.A fan bought for ₹2400 is sold for ₹3360. What is the profit per cent?
- 37.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1690. What is the profit (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2940. What is the profit (in ₹)?
- 39.A cricket kit costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 40.A cricket kit costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
Answer key
- 40
- 30
- 80
- 12690
- 285
- 40
- 6360
- 640
- 1200
- 100
- 240
- 84
- 9078
- 40
- 260
- 180
- 176
- 50
- 10824
- 770
- 6912
- 220
- 300
- 60
- 4592
- 352
- 80
- 288
- 9660
- 45
- 1344
- 2600
- 259
- 50
- 20
- 40
- 140
- 90
- 3770
- 360
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