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 cycle bought for ₹3900 is sold for ₹4095. What is the profit per cent?
- 2.The price of a box of mangoes changed from ₹100 to ₹99. What is the percentage decrease?
- 3.What is 25% of 120?
- 4.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2740. What is the profit (in ₹)?
- 5.A cricket kit costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a watch for ₹1150 and sells it for ₹920. What is the loss (in ₹)?
- 7.A shopkeeper buys a table for ₹800 and sells it for ₹980. What is the profit (in ₹)?
- 8.The price of a school bag changed from ₹200 to ₹80. What is the percentage decrease?
- 9.A shopkeeper buys a fan for ₹1950 and sells it for ₹1930. What is the loss (in ₹)?
- 10.A cycle costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 11.A cricket kit bought for ₹600 is sold for ₹300. What is the loss per cent?
- 12.The price of a bus pass changed from ₹200 to ₹40. What is the percentage decrease?
- 13.The price of a cricket ball changed from ₹400 to ₹404. What is the percentage increase?
- 14.The price of a bus pass changed from ₹50 to ₹25. What is the percentage decrease?
- 15.A cycle costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 16.A mobile phone costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 17.A fan costs ₹3200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 18.A fan costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 19.A cricket kit bought for ₹2700 is sold for ₹3024. What is the profit per cent?
- 20.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹1190. What is the profit (in ₹)?
- 21.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
- 22.What is the simple interest on ₹4400 at 9% per year for 3 years (in ₹)?
- 23.What is 45% of 120?
- 24.What is 80% of 40?
- 25.A shopkeeper buys a table for ₹1600 and sells it for ₹1420. What is the loss (in ₹)?
- 26.What is the simple interest on ₹3900 at 10% per year for 5 years (in ₹)?
- 27.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2630. What is the loss (in ₹)?
- 28.A cooler costs ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 29.A cooler bought for ₹400 is sold for ₹240. What is the loss per cent?
- 30.What is the simple interest on ₹6000 at 6% per year for 5 years (in ₹)?
- 31.A mobile phone costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 5 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 2 years (in ₹)?
- 34.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2090. What is the profit (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 1 year (in ₹)?
- 36.A mobile phone costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 37.A cricket kit costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 38.The price of a water bottle changed from ₹80 to ₹100. What is the percentage increase?
- 39.What is 65% of 720?
- 40.A fan costs ₹700. It is sold at a 10% loss. What is the selling price (in ₹)?
Answer key
- 5
- 1
- 30
- 240
- 1408
- 230
- 180
- 60
- 20
- 1265
- 50
- 80
- 1
- 50
- 2850
- 1710
- 4800
- 360
- 12
- 290
- 80
- 1188
- 54
- 32
- 180
- 1950
- 20
- 2880
- 40
- 1800
- 810
- 12760
- 1908
- 40
- 2675
- 2160
- 3675
- 25
- 468
- 630
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