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 ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 2.A cycle costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 3.The price of a cricket ball changed from ₹20 to ₹14. What is the percentage decrease?
- 4.A cooler bought for ₹2500 is sold for ₹2000. What is the loss per cent?
- 5.What is the simple interest on ₹9800 at 11% per year for 2 years (in ₹)?
- 6.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2360. What is the profit (in ₹)?
- 7.The price of a bus pass changed from ₹40 to ₹52. What is the percentage increase?
- 8.A shopkeeper buys a fan for ₹1100 and sells it for ₹890. What is the loss (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5400 at 10% per year for 1 year (in ₹)?
- 10.What is 20% of 680?
- 11.A cooler costs ₹3200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 12.A table costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 13.What is 85% of 620?
- 14.A fan costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 15.A fan costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹40. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 2 years (in ₹)?
- 18.A table bought for ₹1500 is sold for ₹1125. What is the loss per cent?
- 19.What is 85% of 980?
- 20.A shopkeeper buys a watch for ₹2000 and sells it for ₹1790. What is the loss (in ₹)?
- 21.What is the simple interest on ₹2700 at 8% per year for 2 years (in ₹)?
- 22.The price of a cricket ball changed from ₹400 to ₹200. What is the percentage decrease?
- 23.A sewing machine costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a fan for ₹850 and sells it for ₹1110. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9400 at 10% per year for 3 years (in ₹)?
- 26.A cycle costs ₹600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹4700 at 10% per year for 4 years (in ₹)?
- 28.A table costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹800 at 2% per year for 4 years (in ₹)?
- 30.A cricket kit bought for ₹3800 is sold for ₹3230. What is the loss per cent?
- 31.What is the simple interest on ₹9100 at 6% per year for 3 years (in ₹)?
- 32.A cooler bought for ₹3200 is sold for ₹2560. What is the loss per cent?
- 33.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹1800. What is the loss (in ₹)?
- 34.A cycle bought for ₹600 is sold for ₹480. What is the loss per cent?
- 35.The price of a school bag changed from ₹200 to ₹100. What is the percentage decrease?
- 36.What is the amount (principal + simple interest) on ₹2600 at 12% per year for 4 years (in ₹)?
- 37.A watch costs ₹2200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹1000 at 5% per year for 1 year (in ₹)?
- 39.A sewing machine bought for ₹300 is sold for ₹360. What is the profit per cent?
- 40.What is the amount (principal + simple interest) on ₹7900 at 11% per year for 3 years (in ₹)?
Answer key
- 920
- 1440
- 30
- 20
- 2156
- 160
- 30
- 210
- 5940
- 136
- 3680
- 1950
- 527
- 210
- 345
- 160
- 2040
- 25
- 833
- 210
- 432
- 50
- 700
- 260
- 12220
- 840
- 6580
- 770
- 864
- 15
- 1638
- 20
- 300
- 20
- 50
- 3848
- 3300
- 50
- 20
- 10507
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