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 fan costs ₹3100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 2.The price of a school bag changed from ₹250 to ₹245. What is the percentage decrease?
- 3.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
- 4.A mobile phone costs ₹2400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 5.A shopkeeper buys a cooler for ₹700 and sells it for ₹670. What is the loss (in ₹)?
- 6.A cooler bought for ₹2600 is sold for ₹3900. What is the profit per cent?
- 7.The price of a bus pass changed from ₹400 to ₹408. What is the percentage increase?
- 8.What is 60% of 40?
- 9.The price of a school bag changed from ₹250 to ₹400. What is the percentage increase?
- 10.A shopkeeper buys a cycle for ₹250 and sells it for ₹70. What is the loss (in ₹)?
- 11.What is 10% of 660?
- 12.A cycle costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹5700 at 4% per year for 4 years (in ₹)?
- 14.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1170. What is the loss (in ₹)?
- 15.A sewing machine costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 16.What is 55% of 980?
- 17.A cricket kit costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 18.What is 70% of 120?
- 19.A cycle bought for ₹2100 is sold for ₹2415. What is the profit per cent?
- 20.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1040. What is the loss (in ₹)?
- 21.A cooler costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 22.A cricket kit bought for ₹2600 is sold for ₹3380. What is the profit per cent?
- 23.The price of a pair of shoes changed from ₹100 to ₹120. What is the percentage increase?
- 24.What is 85% of 420?
- 25.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2340. What is the profit (in ₹)?
- 26.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
- 27.A mobile phone costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 28.The price of a box of mangoes changed from ₹80 to ₹104. What is the percentage increase?
- 29.A watch bought for ₹2200 is sold for ₹2310. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹4900 at 11% per year for 4 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹7900 at 9% per year for 1 year (in ₹)?
- 32.A mobile phone bought for ₹3900 is sold for ₹4095. What is the profit per cent?
- 33.What is the amount (principal + simple interest) on ₹9000 at 10% per year for 2 years (in ₹)?
- 34.A sewing machine costs ₹2300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 35.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2830. What is the loss (in ₹)?
- 36.What is 80% of 480?
- 37.What is the simple interest on ₹8300 at 8% per year for 3 years (in ₹)?
- 38.A watch bought for ₹500 is sold for ₹625. What is the profit per cent?
- 39.A fan bought for ₹1600 is sold for ₹1120. What is the loss per cent?
- 40.What is 85% of 740?
Answer key
- 2325
- 2
- 60
- 2880
- 30
- 50
- 2
- 24
- 60
- 180
- 66
- 1904
- 912
- 130
- 5320
- 539
- 3500
- 84
- 15
- 10
- 240
- 30
- 20
- 357
- 190
- 10
- 950
- 30
- 5
- 7056
- 8611
- 5
- 10800
- 1150
- 120
- 384
- 1992
- 25
- 30
- 629
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