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 bought for ₹400 is sold for ₹320. What is the loss per cent?
- 2.A sewing machine bought for ₹3000 is sold for ₹4200. What is the profit per cent?
- 3.A table bought for ₹1500 is sold for ₹1725. What is the profit per cent?
- 4.What is 45% of 40?
- 5.The price of a pair of shoes changed from ₹20 to ₹22. What is the percentage increase?
- 6.A mobile phone bought for ₹1400 is sold for ₹1470. What is the profit per cent?
- 7.What is 30% of 980?
- 8.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹780. What is the profit (in ₹)?
- 9.What is 90% of 1000?
- 10.The price of a box of mangoes changed from ₹200 to ₹160. What is the percentage decrease?
- 11.What is the amount (principal + simple interest) on ₹6700 at 10% per year for 3 years (in ₹)?
- 12.A table costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹6800 at 8% per year for 5 years (in ₹)?
- 14.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹1970. What is the loss (in ₹)?
- 15.A mobile phone costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 16.What is 80% of 360?
- 17.The price of a bus pass changed from ₹50 to ₹25. What is the percentage decrease?
- 18.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1570. What is the loss (in ₹)?
- 19.What is the simple interest on ₹8100 at 7% per year for 2 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8900 at 12% per year for 2 years (in ₹)?
- 21.A cycle bought for ₹300 is sold for ₹336. What is the profit per cent?
- 22.A mobile phone bought for ₹3600 is sold for ₹4680. What is the profit per cent?
- 23.A cycle bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 24.A sewing machine costs ₹1400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 25.What is 85% of 420?
- 26.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹830. What is the loss (in ₹)?
- 27.A table bought for ₹2400 is sold for ₹3120. What is the profit per cent?
- 28.What is the amount (principal + simple interest) on ₹4900 at 12% per year for 4 years (in ₹)?
- 29.A shopkeeper buys a table for ₹2200 and sells it for ₹2480. What is the profit (in ₹)?
- 30.What is the simple interest on ₹4900 at 11% per year for 3 years (in ₹)?
- 31.What is 95% of 540?
- 32.A table bought for ₹3600 is sold for ₹3168. What is the loss per cent?
- 33.A cycle bought for ₹3000 is sold for ₹4200. What is the profit per cent?
- 34.What is the simple interest on ₹5500 at 8% per year for 2 years (in ₹)?
- 35.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹660. What is the profit (in ₹)?
- 36.A shopkeeper buys a watch for ₹550 and sells it for ₹480. What is the loss (in ₹)?
- 37.A mobile phone costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹4500 at 10% per year for 1 year (in ₹)?
- 39.A cooler costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 40.A table bought for ₹1100 is sold for ₹968. What is the loss per cent?
Answer key
- 20
- 40
- 15
- 18
- 10
- 5
- 294
- 80
- 900
- 20
- 8710
- 2352
- 2720
- 130
- 780
- 288
- 50
- 80
- 1134
- 11036
- 12
- 30
- 50
- 1610
- 357
- 20
- 30
- 7252
- 280
- 1617
- 513
- 12
- 40
- 880
- 10
- 70
- 2875
- 4950
- 1568
- 12
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