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 watch costs ₹3900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 2.A fan bought for ₹1200 is sold for ₹1140. What is the loss per cent?
- 3.A cycle bought for ₹3300 is sold for ₹3630. What is the profit per cent?
- 4.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹600. What is the loss (in ₹)?
- 5.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1170. What is the loss (in ₹)?
- 6.The price of a pair of shoes changed from ₹40 to ₹60. What is the percentage increase?
- 7.What is the simple interest on ₹1500 at 11% per year for 3 years (in ₹)?
- 8.What is the simple interest on ₹4400 at 5% per year for 5 years (in ₹)?
- 9.What is the simple interest on ₹4000 at 10% per year for 2 years (in ₹)?
- 10.What is 65% of 760?
- 11.What is the simple interest on ₹7500 at 11% per year for 5 years (in ₹)?
- 12.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1230. What is the profit (in ₹)?
- 13.What is the simple interest on ₹6700 at 11% per year for 5 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 1 year (in ₹)?
- 15.A cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 16.The price of a water bottle changed from ₹40 to ₹20. What is the percentage decrease?
- 17.A shopkeeper buys a cycle for ₹200 and sells it for ₹140. What is the loss (in ₹)?
- 18.What is 40% of 360?
- 19.What is the simple interest on ₹2200 at 3% per year for 5 years (in ₹)?
- 20.What is 25% of 580?
- 21.What is the simple interest on ₹1300 at 2% per year for 4 years (in ₹)?
- 22.A shopkeeper buys a fan for ₹450 and sells it for ₹610. What is the profit (in ₹)?
- 23.A cooler costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 24.A fan bought for ₹1500 is sold for ₹1425. What is the loss per cent?
- 25.What is 80% of 120?
- 26.The price of a bus pass changed from ₹100 to ₹99. What is the percentage decrease?
- 27.A table costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 28.What is 5% of 340?
- 29.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 1 year (in ₹)?
- 30.A cycle bought for ₹700 is sold for ₹735. What is the profit per cent?
- 31.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹180. What is the loss (in ₹)?
- 32.A shopkeeper buys a table for ₹2750 and sells it for ₹2860. What is the profit (in ₹)?
- 33.A shopkeeper buys a cooler for ₹1000 and sells it for ₹1200. What is the profit (in ₹)?
- 34.What is 25% of 180?
- 35.What is 85% of 1000?
- 36.What is 20% of 320?
- 37.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2160. What is the profit (in ₹)?
- 38.A fan bought for ₹2100 is sold for ₹2520. What is the profit per cent?
- 39.A sewing machine costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 40.What is 75% of 580?
Answer key
- 1950
- 5
- 10
- 250
- 130
- 50
- 495
- 1100
- 800
- 494
- 4125
- 230
- 3685
- 6048
- 1260
- 50
- 60
- 144
- 330
- 145
- 104
- 160
- 3570
- 5
- 96
- 1
- 855
- 17
- 3914
- 5
- 20
- 110
- 200
- 45
- 850
- 64
- 10
- 20
- 2240
- 435
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