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 ₹600 is sold for ₹570. What is the loss per cent?
- 2.A mobile phone bought for ₹2900 is sold for ₹3625. What is the profit per cent?
- 3.The price of a pair of shoes changed from ₹40 to ₹8. What is the percentage decrease?
- 4.A cooler bought for ₹700 is sold for ₹616. What is the loss per cent?
- 5.A fan costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 6.A watch costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2250 and sells it for ₹2260. What is the profit (in ₹)?
- 8.A cooler costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 9.What is 5% of 580?
- 10.A watch costs ₹3000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.A shopkeeper buys a fan for ₹750 and sells it for ₹480. What is the loss (in ₹)?
- 12.A shopkeeper buys a watch for ₹250 and sells it for ₹170. What is the loss (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹4800 at 4% per year for 3 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹4500 at 4% per year for 2 years (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹780. What is the loss (in ₹)?
- 16.What is the simple interest on ₹700 at 2% per year for 4 years (in ₹)?
- 17.What is 25% of 40?
- 18.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 5 years (in ₹)?
- 19.A cooler costs ₹2000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 20.A cycle costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹7100 at 3% per year for 3 years (in ₹)?
- 22.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1560. What is the profit (in ₹)?
- 23.A shopkeeper buys a table for ₹550 and sells it for ₹360. What is the loss (in ₹)?
- 24.What is 45% of 500?
- 25.A shopkeeper buys a cooler for ₹600 and sells it for ₹380. What is the loss (in ₹)?
- 26.What is 15% of 580?
- 27.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
- 28.A cooler bought for ₹1200 is sold for ₹1500. What is the profit per cent?
- 29.The price of a water bottle changed from ₹100 to ₹180. What is the percentage increase?
- 30.A cricket kit costs ₹3100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 31.What is 30% of 60?
- 32.What is the amount (principal + simple interest) on ₹3900 at 11% per year for 3 years (in ₹)?
- 33.A mobile phone bought for ₹2700 is sold for ₹2160. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 2 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹6200 at 9% per year for 1 year (in ₹)?
- 36.What is the simple interest on ₹800 at 5% per year for 3 years (in ₹)?
- 37.What is 45% of 80?
- 38.What is 40% of 380?
- 39.A shopkeeper buys a table for ₹650 and sells it for ₹420. What is the loss (in ₹)?
- 40.A shopkeeper buys a fan for ₹2400 and sells it for ₹2360. What is the loss (in ₹)?
Answer key
- 5
- 25
- 80
- 12
- 2310
- 2320
- 10
- 2310
- 29
- 2700
- 270
- 80
- 5376
- 4860
- 20
- 56
- 10
- 9715
- 2800
- 4030
- 7739
- 210
- 190
- 225
- 220
- 87
- 2
- 25
- 80
- 3565
- 18
- 5187
- 20
- 2968
- 6758
- 120
- 36
- 152
- 230
- 40
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