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 watch costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.A table bought for ₹3300 is sold for ₹2805. What is the loss per cent?
- 3.A table bought for ₹1300 is sold for ₹1456. What is the profit per cent?
- 4.What is 5% of 540?
- 5.The price of a bus pass changed from ₹100 to ₹75. What is the percentage decrease?
- 6.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2460. What is the profit (in ₹)?
- 7.What is 15% of 180?
- 8.What is the simple interest on ₹2900 at 11% per year for 4 years (in ₹)?
- 9.A table costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2590. What is the profit (in ₹)?
- 11.A cooler costs ₹2800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 12.A shopkeeper buys a fan for ₹2800 and sells it for ₹3070. What is the profit (in ₹)?
- 13.A cricket kit bought for ₹200 is sold for ₹100. What is the loss per cent?
- 14.A cooler bought for ₹3500 is sold for ₹3325. What is the loss per cent?
- 15.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 1 year (in ₹)?
- 16.The price of a cricket ball changed from ₹80 to ₹76. What is the percentage decrease?
- 17.A mobile phone costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 18.A cycle bought for ₹2400 is sold for ₹2280. What is the loss per cent?
- 19.What is 45% of 500?
- 20.What is the amount (principal + simple interest) on ₹4300 at 12% per year for 5 years (in ₹)?
- 21.What is the simple interest on ₹9500 at 3% per year for 2 years (in ₹)?
- 22.A fan costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 23.What is 90% of 120?
- 24.A cycle costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 25.A fan bought for ₹1400 is sold for ₹700. What is the loss per cent?
- 26.What is 75% of 280?
- 27.The price of a bus pass changed from ₹50 to ₹30. What is the percentage decrease?
- 28.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1190. What is the loss (in ₹)?
- 29.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
- 30.A fan bought for ₹1800 is sold for ₹1584. What is the loss per cent?
- 31.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1490. What is the loss (in ₹)?
- 32.A watch costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 33.A mobile phone costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 34.A table costs ₹3300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹1600 at 3% per year for 5 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 1 year (in ₹)?
- 37.What is the simple interest on ₹5200 at 11% per year for 4 years (in ₹)?
- 38.A cycle costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 39.A cycle bought for ₹3200 is sold for ₹3680. What is the profit per cent?
- 40.What is the amount (principal + simple interest) on ₹800 at 4% per year for 4 years (in ₹)?
Answer key
- 450
- 15
- 12
- 27
- 25
- 10
- 27
- 1276
- 2340
- 190
- 1400
- 270
- 50
- 5
- 10400
- 5
- 2240
- 5
- 225
- 6880
- 570
- 3248
- 108
- 2250
- 50
- 210
- 40
- 110
- 75
- 12
- 10
- 450
- 1260
- 3696
- 240
- 9894
- 2288
- 3640
- 15
- 928
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