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 ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 2.What is 55% of 440?
- 3.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2360. What is the profit (in ₹)?
- 4.A watch costs ₹3200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 5.What is the simple interest on ₹8300 at 11% per year for 2 years (in ₹)?
- 6.The price of a box of mangoes changed from ₹100 to ₹190. What is the percentage increase?
- 7.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 3 years (in ₹)?
- 8.A watch costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.What is 5% of 700?
- 10.What is the amount (principal + simple interest) on ₹1800 at 9% per year for 2 years (in ₹)?
- 11.What is 25% of 960?
- 12.What is 55% of 980?
- 13.A cycle bought for ₹2600 is sold for ₹2340. What is the loss per cent?
- 14.What is 60% of 140?
- 15.A fan bought for ₹2700 is sold for ₹3375. What is the profit per cent?
- 16.The price of a cricket ball changed from ₹100 to ₹125. What is the percentage increase?
- 17.A sewing machine bought for ₹3800 is sold for ₹3344. What is the loss per cent?
- 18.What is the simple interest on ₹6800 at 11% per year for 4 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹7100 at 3% per year for 4 years (in ₹)?
- 20.A watch bought for ₹500 is sold for ₹625. What is the profit per cent?
- 21.The price of a box of mangoes changed from ₹200 to ₹202. What is the percentage increase?
- 22.What is 60% of 260?
- 23.A cricket kit costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 24.A mobile phone costs ₹1200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹9000 at 11% per year for 3 years (in ₹)?
- 26.A cricket kit bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 27.What is the simple interest on ₹1800 at 2% per year for 1 year (in ₹)?
- 28.What is 80% of 620?
- 29.What is the amount (principal + simple interest) on ₹7700 at 9% per year for 1 year (in ₹)?
- 30.What is 15% of 940?
- 31.A cricket kit costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 4 years (in ₹)?
- 33.What is 10% of 320?
- 34.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹1960. What is the loss (in ₹)?
- 35.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
- 36.What is 75% of 60?
- 37.What is the amount (principal + simple interest) on ₹7900 at 6% per year for 5 years (in ₹)?
- 38.What is 55% of 940?
- 39.A sewing machine costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 40.A table costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 3145
- 242
- 110
- 2240
- 1826
- 90
- 9856
- 3800
- 35
- 2124
- 240
- 539
- 10
- 84
- 25
- 25
- 12
- 2992
- 7952
- 25
- 1
- 156
- 336
- 1320
- 2970
- 12
- 36
- 496
- 8393
- 141
- 900
- 2816
- 32
- 90
- 80
- 45
- 10270
- 517
- 300
- 3800
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