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 costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 2.A cricket kit costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 3.A table bought for ₹800 is sold for ₹480. What is the loss per cent?
- 4.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1600. What is the profit (in ₹)?
- 5.A cricket kit costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹7500 at 11% per year for 5 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 5 years (in ₹)?
- 8.What is the simple interest on ₹2900 at 8% per year for 3 years (in ₹)?
- 9.A fan costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.A mobile phone costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.A shopkeeper buys a table for ₹850 and sells it for ₹760. What is the loss (in ₹)?
- 12.A watch costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3700 at 6% per year for 1 year (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 3 years (in ₹)?
- 15.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
- 16.What is the amount (principal + simple interest) on ₹1300 at 11% per year for 4 years (in ₹)?
- 17.What is 25% of 260?
- 18.What is 95% of 240?
- 19.What is 55% of 120?
- 20.A fan bought for ₹3700 is sold for ₹3256. What is the loss per cent?
- 21.The price of a box of mangoes changed from ₹250 to ₹225. What is the percentage decrease?
- 22.A table bought for ₹3200 is sold for ₹2240. What is the loss per cent?
- 23.What is the simple interest on ₹9800 at 2% per year for 3 years (in ₹)?
- 24.A shopkeeper buys a table for ₹300 and sells it for ₹110. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹4700 at 11% per year for 1 year (in ₹)?
- 26.The price of a water bottle changed from ₹200 to ₹50. What is the percentage decrease?
- 27.The price of a pair of shoes changed from ₹80 to ₹112. What is the percentage increase?
- 28.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1500. What is the profit (in ₹)?
- 29.A mobile phone bought for ₹2400 is sold for ₹3000. What is the profit per cent?
- 30.What is 25% of 1000?
- 31.A shopkeeper buys a cooler for ₹700 and sells it for ₹650. What is the loss (in ₹)?
- 32.What is the simple interest on ₹700 at 3% per year for 4 years (in ₹)?
- 33.What is 15% of 180?
- 34.A shopkeeper buys a fan for ₹2900 and sells it for ₹3120. What is the profit (in ₹)?
- 35.What is the simple interest on ₹7900 at 8% per year for 4 years (in ₹)?
- 36.A mobile phone bought for ₹2400 is sold for ₹2040. What is the loss per cent?
- 37.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1420. What is the loss (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹8600 at 2% per year for 3 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹4400 at 12% per year for 2 years (in ₹)?
- 40.The price of a cricket ball changed from ₹80 to ₹152. What is the percentage increase?
Answer key
- 910
- 990
- 40
- 100
- 672
- 11625
- 2970
- 696
- 3168
- 1260
- 90
- 4030
- 3922
- 1635
- 10
- 1872
- 65
- 228
- 66
- 12
- 10
- 30
- 588
- 190
- 5217
- 75
- 40
- 150
- 25
- 250
- 50
- 84
- 27
- 220
- 2528
- 15
- 80
- 9116
- 5456
- 90
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