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 mobile phone costs ₹1100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 2.A cricket kit costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 3.The price of a bus pass changed from ₹200 to ₹180. What is the percentage decrease?
- 4.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1830. What is the loss (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹4100 at 3% per year for 5 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 1 year (in ₹)?
- 7.What is 10% of 280?
- 8.What is 80% of 280?
- 9.What is 30% of 860?
- 10.A cooler costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 11.A shopkeeper buys a fan for ₹2500 and sells it for ₹2630. What is the profit (in ₹)?
- 12.A shopkeeper buys a watch for ₹2850 and sells it for ₹3150. What is the profit (in ₹)?
- 13.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2260. What is the profit (in ₹)?
- 14.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1010. What is the loss (in ₹)?
- 15.The price of a pair of shoes changed from ₹400 to ₹320. What is the percentage decrease?
- 16.A shopkeeper buys a fan for ₹450 and sells it for ₹740. What is the profit (in ₹)?
- 17.What is the simple interest on ₹2100 at 11% per year for 4 years (in ₹)?
- 18.The price of a school bag changed from ₹40 to ₹52. What is the percentage increase?
- 19.The price of a school bag changed from ₹200 to ₹260. What is the percentage increase?
- 20.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
- 21.A table bought for ₹2000 is sold for ₹3000. What is the profit per cent?
- 22.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹600. What is the profit (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹860. What is the loss (in ₹)?
- 24.A mobile phone costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹8500 at 5% per year for 2 years (in ₹)?
- 26.A cooler costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.A cooler costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 28.A fan costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 29.What is 20% of 220?
- 30.A shopkeeper buys a table for ₹500 and sells it for ₹520. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹2100 at 6% per year for 4 years (in ₹)?
- 32.The price of a box of mangoes changed from ₹20 to ₹22. What is the percentage increase?
- 33.A watch costs ₹3700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 34.What is 25% of 920?
- 35.What is 25% of 580?
- 36.A mobile phone costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 37.The price of a box of mangoes changed from ₹200 to ₹80. What is the percentage decrease?
- 38.What is the simple interest on ₹3200 at 11% per year for 4 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹8800 at 7% per year for 5 years (in ₹)?
- 40.The price of a pair of shoes changed from ₹20 to ₹14. What is the percentage decrease?
Answer key
- 825
- 1600
- 10
- 20
- 4715
- 8160
- 28
- 224
- 258
- 2450
- 130
- 300
- 60
- 240
- 20
- 290
- 924
- 30
- 30
- 210
- 50
- 250
- 90
- 1100
- 850
- 425
- 1045
- 3840
- 44
- 20
- 2604
- 10
- 3885
- 230
- 145
- 255
- 60
- 1408
- 11880
- 30
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