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 costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 2.What is the simple interest on ₹7800 at 2% per year for 1 year (in ₹)?
- 3.What is 55% of 980?
- 4.What is the amount (principal + simple interest) on ₹10000 at 2% per year for 3 years (in ₹)?
- 5.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
- 6.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
- 7.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1540. What is the loss (in ₹)?
- 8.A sewing machine costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5300 at 11% per year for 5 years (in ₹)?
- 10.What is 45% of 520?
- 11.What is 60% of 940?
- 12.A shopkeeper buys a fan for ₹2050 and sells it for ₹1960. What is the loss (in ₹)?
- 13.The price of a cricket ball changed from ₹200 to ₹280. What is the percentage increase?
- 14.A mobile phone costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹6600 at 5% per year for 5 years (in ₹)?
- 16.What is the simple interest on ₹7200 at 7% per year for 5 years (in ₹)?
- 17.What is 20% of 680?
- 18.A table costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹2500 at 9% per year for 4 years (in ₹)?
- 20.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹180. What is the loss (in ₹)?
- 21.A shopkeeper buys a table for ₹1700 and sells it for ₹1520. What is the loss (in ₹)?
- 22.What is 25% of 580?
- 23.A sewing machine costs ₹200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 24.A cycle bought for ₹1100 is sold for ₹1265. What is the profit per cent?
- 25.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2610. What is the loss (in ₹)?
- 26.What is 75% of 980?
- 27.A shopkeeper buys a table for ₹2350 and sells it for ₹2460. What is the profit (in ₹)?
- 28.A fan bought for ₹300 is sold for ₹150. What is the loss per cent?
- 29.A sewing machine bought for ₹3900 is sold for ₹4095. What is the profit per cent?
- 30.What is 85% of 520?
- 31.The price of a box of mangoes changed from ₹100 to ₹120. What is the percentage increase?
- 32.A cycle costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹8000 at 8% per year for 2 years (in ₹)?
- 34.A shopkeeper buys a table for ₹1600 and sells it for ₹1800. What is the profit (in ₹)?
- 35.A cycle costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a fan for ₹1250 and sells it for ₹1330. What is the profit (in ₹)?
- 37.The price of a box of mangoes changed from ₹400 to ₹420. What is the percentage increase?
- 38.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2720. What is the loss (in ₹)?
- 39.A cycle bought for ₹4000 is sold for ₹3200. What is the loss per cent?
- 40.What is the simple interest on ₹8300 at 4% per year for 2 years (in ₹)?
Answer key
- 4290
- 156
- 539
- 10600
- 80
- 20
- 160
- 1190
- 8215
- 234
- 564
- 90
- 40
- 210
- 8250
- 2520
- 136
- 1860
- 3400
- 220
- 180
- 145
- 170
- 15
- 190
- 735
- 110
- 50
- 5
- 442
- 20
- 2420
- 1280
- 200
- 1150
- 80
- 5
- 230
- 20
- 664
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