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 shopkeeper buys a watch for ₹1750 and sells it for ₹1680. What is the loss (in ₹)?
- 2.The price of a bus pass changed from ₹400 to ₹280. What is the percentage decrease?
- 3.What is 15% of 120?
- 4.What is 65% of 660?
- 5.A mobile phone costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 6.A cycle costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.The price of a box of mangoes changed from ₹500 to ₹525. What is the percentage increase?
- 8.A cooler bought for ₹900 is sold for ₹540. What is the loss per cent?
- 9.What is the amount (principal + simple interest) on ₹2100 at 4% per year for 1 year (in ₹)?
- 10.What is the simple interest on ₹1800 at 12% per year for 3 years (in ₹)?
- 11.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
- 12.What is 5% of 140?
- 13.What is the simple interest on ₹2800 at 6% per year for 3 years (in ₹)?
- 14.What is the simple interest on ₹5800 at 9% per year for 3 years (in ₹)?
- 15.A shopkeeper buys a cooler for ₹250 and sells it for ₹10. What is the loss (in ₹)?
- 16.What is the simple interest on ₹5500 at 4% per year for 1 year (in ₹)?
- 17.The price of a cricket ball changed from ₹80 to ₹152. What is the percentage increase?
- 18.What is 20% of 260?
- 19.A cricket kit bought for ₹3400 is sold for ₹3808. What is the profit per cent?
- 20.A shopkeeper buys a fan for ₹800 and sells it for ₹860. What is the profit (in ₹)?
- 21.A mobile phone costs ₹3200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 22.What is 65% of 580?
- 23.A fan costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹4800 at 2% per year for 4 years (in ₹)?
- 25.What is 15% of 400?
- 26.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 2 years (in ₹)?
- 27.A shopkeeper buys a fan for ₹1900 and sells it for ₹1940. What is the profit (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹4500 at 9% per year for 2 years (in ₹)?
- 29.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1790. What is the profit (in ₹)?
- 30.A sewing machine costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹9200 at 7% per year for 4 years (in ₹)?
- 32.What is the simple interest on ₹7600 at 5% per year for 2 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹7700 at 7% per year for 5 years (in ₹)?
- 34.A fan bought for ₹500 is sold for ₹250. What is the loss per cent?
- 35.A cycle bought for ₹700 is sold for ₹980. What is the profit per cent?
- 36.The price of a school bag changed from ₹500 to ₹550. What is the percentage increase?
- 37.What is 45% of 80?
- 38.A fan costs ₹3600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹8300 at 7% per year for 5 years (in ₹)?
- 40.A sewing machine costs ₹1300. It is sold at a 20% profit. What is the selling price (in ₹)?
Answer key
- 70
- 30
- 18
- 429
- 1725
- 3875
- 5
- 40
- 2184
- 648
- 60
- 7
- 504
- 1566
- 240
- 220
- 90
- 52
- 12
- 60
- 1920
- 377
- 1680
- 5184
- 60
- 9752
- 40
- 5310
- 90
- 770
- 2576
- 760
- 10395
- 50
- 40
- 10
- 36
- 3060
- 11205
- 1560
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