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.What is 30% of 580?
- 2.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1650. What is the loss (in ₹)?
- 3.What is 30% of 320?
- 4.A cricket kit bought for ₹3000 is sold for ₹1500. What is the loss per cent?
- 5.What is the simple interest on ₹9800 at 11% per year for 2 years (in ₹)?
- 6.A fan costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 7.A watch costs ₹2600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 8.A shopkeeper buys a cooler for ₹450 and sells it for ₹370. What is the loss (in ₹)?
- 9.What is the simple interest on ₹8400 at 11% per year for 4 years (in ₹)?
- 10.A table bought for ₹600 is sold for ₹300. What is the loss per cent?
- 11.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
- 12.A mobile phone costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 13.The price of a bus pass changed from ₹400 to ₹640. What is the percentage increase?
- 14.What is 70% of 300?
- 15.A shopkeeper buys a cycle for ₹1150 and sells it for ₹850. What is the loss (in ₹)?
- 16.The price of a cricket ball changed from ₹500 to ₹250. What is the percentage decrease?
- 17.What is the simple interest on ₹3200 at 7% per year for 5 years (in ₹)?
- 18.The price of a school bag changed from ₹40 to ₹60. What is the percentage increase?
- 19.What is the simple interest on ₹8300 at 3% per year for 5 years (in ₹)?
- 20.A cycle costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 21.A shopkeeper buys a watch for ₹2650 and sells it for ₹2400. What is the loss (in ₹)?
- 22.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1990. What is the profit (in ₹)?
- 23.The price of a box of mangoes changed from ₹80 to ₹84. What is the percentage increase?
- 24.What is 5% of 360?
- 25.A fan bought for ₹2000 is sold for ₹1500. What is the loss per cent?
- 26.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1210. What is the loss (in ₹)?
- 27.The price of a pair of shoes changed from ₹20 to ₹16. What is the percentage decrease?
- 28.What is the simple interest on ₹1700 at 4% per year for 5 years (in ₹)?
- 29.A shopkeeper buys a table for ₹400 and sells it for ₹680. What is the profit (in ₹)?
- 30.The price of a school bag changed from ₹400 to ₹404. What is the percentage increase?
- 31.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2690. What is the loss (in ₹)?
- 32.A cooler bought for ₹700 is sold for ₹525. What is the loss per cent?
- 33.What is 15% of 40?
- 34.The price of a pair of shoes changed from ₹20 to ₹35. What is the percentage increase?
- 35.The price of a cricket ball changed from ₹400 to ₹320. What is the percentage decrease?
- 36.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2190. What is the profit (in ₹)?
- 37.What is 70% of 60?
- 38.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1490. What is the profit (in ₹)?
- 39.The price of a water bottle changed from ₹50 to ₹40. What is the percentage decrease?
- 40.What is 70% of 760?
Answer key
- 174
- 250
- 96
- 50
- 2156
- 4400
- 1820
- 80
- 3696
- 50
- 170
- 1330
- 60
- 210
- 300
- 50
- 1120
- 50
- 1245
- 550
- 250
- 190
- 5
- 18
- 25
- 140
- 20
- 340
- 280
- 1
- 60
- 25
- 6
- 75
- 20
- 90
- 42
- 140
- 20
- 532
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