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 ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 2.A mobile phone bought for ₹3300 is sold for ₹2970. What is the loss per cent?
- 3.A cycle costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 4.What is 35% of 440?
- 5.A shopkeeper buys a cooler for ₹1950 and sells it for ₹1690. What is the loss (in ₹)?
- 6.A cricket kit costs ₹2700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 7.The price of a pair of shoes changed from ₹20 to ₹8. What is the percentage decrease?
- 8.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
- 9.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 1 year (in ₹)?
- 10.What is 20% of 440?
- 11.The price of a pair of shoes changed from ₹20 to ₹19. What is the percentage decrease?
- 12.What is the amount (principal + simple interest) on ₹2700 at 3% per year for 3 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹1600 at 4% per year for 4 years (in ₹)?
- 14.A shopkeeper buys a cooler for ₹800 and sells it for ₹760. What is the loss (in ₹)?
- 15.What is 75% of 540?
- 16.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 4 years (in ₹)?
- 17.What is the simple interest on ₹4400 at 9% per year for 2 years (in ₹)?
- 18.What is 40% of 740?
- 19.A watch bought for ₹2100 is sold for ₹3150. What is the profit per cent?
- 20.The price of a pair of shoes changed from ₹250 to ₹350. What is the percentage increase?
- 21.What is the amount (principal + simple interest) on ₹2200 at 2% per year for 5 years (in ₹)?
- 22.What is 75% of 920?
- 23.What is 40% of 160?
- 24.The price of a pair of shoes changed from ₹50 to ₹70. What is the percentage increase?
- 25.A cycle costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 26.A cycle bought for ₹1100 is sold for ₹935. What is the loss per cent?
- 27.What is the amount (principal + simple interest) on ₹500 at 2% per year for 2 years (in ₹)?
- 28.What is 25% of 660?
- 29.A table costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 30.A mobile phone bought for ₹2800 is sold for ₹1680. What is the loss per cent?
- 31.A fan costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹5900 at 6% per year for 5 years (in ₹)?
- 33.A cycle costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 34.What is 30% of 780?
- 35.A cycle costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 1 year (in ₹)?
- 37.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
- 38.A cycle bought for ₹1600 is sold for ₹800. What is the loss per cent?
- 39.A fan costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 40.The price of a school bag changed from ₹200 to ₹250. What is the percentage increase?
Answer key
- 420
- 10
- 1430
- 154
- 260
- 1620
- 60
- 30
- 7848
- 88
- 5
- 2943
- 1856
- 40
- 405
- 6720
- 792
- 296
- 50
- 40
- 2420
- 690
- 64
- 40
- 475
- 15
- 520
- 165
- 1080
- 40
- 780
- 1770
- 2160
- 234
- 900
- 9476
- 20
- 50
- 595
- 25
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