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 bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 2.A mobile phone costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 3.A shopkeeper buys a watch for ₹3000 and sells it for ₹2850. What is the loss (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹900 at 10% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹1500 at 8% per year for 2 years (in ₹)?
- 6.A table bought for ₹500 is sold for ₹575. What is the profit per cent?
- 7.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 2 years (in ₹)?
- 8.What is 65% of 600?
- 9.The price of a pair of shoes changed from ₹250 to ₹275. What is the percentage increase?
- 10.What is 75% of 160?
- 11.What is the amount (principal + simple interest) on ₹5900 at 7% per year for 2 years (in ₹)?
- 12.What is 25% of 580?
- 13.The price of a box of mangoes changed from ₹20 to ₹5. What is the percentage decrease?
- 14.The price of a box of mangoes changed from ₹500 to ₹50. What is the percentage decrease?
- 15.What is 85% of 560?
- 16.What is the amount (principal + simple interest) on ₹3700 at 8% per year for 1 year (in ₹)?
- 17.A fan bought for ₹2900 is sold for ₹2030. What is the loss per cent?
- 18.A cycle costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 19.What is 45% of 840?
- 20.What is 40% of 140?
- 21.What is the amount (principal + simple interest) on ₹7900 at 10% per year for 3 years (in ₹)?
- 22.A sewing machine costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 23.What is 5% of 940?
- 24.A fan bought for ₹1200 is sold for ₹1140. What is the loss per cent?
- 25.A mobile phone bought for ₹1200 is sold for ₹1056. What is the loss per cent?
- 26.A watch costs ₹2200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹7000 at 11% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 2 years (in ₹)?
- 29.What is the simple interest on ₹800 at 11% per year for 2 years (in ₹)?
- 30.What is 65% of 1000?
- 31.A shopkeeper buys a watch for ₹1450 and sells it for ₹1480. What is the profit (in ₹)?
- 32.A shopkeeper buys a table for ₹1050 and sells it for ₹860. What is the loss (in ₹)?
- 33.A sewing machine bought for ₹1700 is sold for ₹1955. What is the profit per cent?
- 34.A shopkeeper buys a cooler for ₹200 and sells it for ₹380. What is the profit (in ₹)?
- 35.A cricket kit bought for ₹3400 is sold for ₹3230. What is the loss per cent?
- 36.What is 45% of 360?
- 37.What is 30% of 220?
- 38.The price of a pair of shoes changed from ₹40 to ₹28. What is the percentage decrease?
- 39.What is the amount (principal + simple interest) on ₹2900 at 6% per year for 1 year (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹4500 at 7% per year for 2 years (in ₹)?
Answer key
- 20
- 2960
- 150
- 1350
- 240
- 15
- 5490
- 390
- 10
- 120
- 6726
- 145
- 75
- 90
- 476
- 3996
- 30
- 765
- 378
- 56
- 10270
- 5100
- 47
- 5
- 12
- 1870
- 3080
- 2108
- 176
- 650
- 30
- 190
- 15
- 180
- 5
- 162
- 66
- 30
- 3074
- 5130
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