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 bought for ₹2500 is sold for ₹2125. What is the loss per cent?
- 2.A table costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 3.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2480. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹8400 at 6% per year for 2 years (in ₹)?
- 5.What is the simple interest on ₹2400 at 7% per year for 2 years (in ₹)?
- 6.A fan costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 7.A shopkeeper buys a table for ₹2600 and sells it for ₹2320. What is the loss (in ₹)?
- 8.What is 60% of 600?
- 9.A shopkeeper buys a watch for ₹2900 and sells it for ₹3000. What is the profit (in ₹)?
- 10.What is 30% of 720?
- 11.A cycle costs ₹3500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 2 years (in ₹)?
- 13.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
- 14.What is the simple interest on ₹1200 at 2% per year for 3 years (in ₹)?
- 15.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
- 16.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 2 years (in ₹)?
- 17.The price of a cricket ball changed from ₹80 to ₹8. What is the percentage decrease?
- 18.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
- 19.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 20.A sewing machine bought for ₹600 is sold for ₹672. What is the profit per cent?
- 21.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 1 year (in ₹)?
- 22.What is 5% of 740?
- 23.A shopkeeper buys a fan for ₹2000 and sells it for ₹1860. What is the loss (in ₹)?
- 24.The price of a water bottle changed from ₹250 to ₹175. What is the percentage decrease?
- 25.What is 30% of 260?
- 26.A mobile phone costs ₹3200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹60. What is the loss (in ₹)?
- 28.A sewing machine costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹1900 at 11% per year for 2 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹5300 at 7% per year for 1 year (in ₹)?
- 31.The price of a water bottle changed from ₹25 to ₹5. What is the percentage decrease?
- 32.What is the simple interest on ₹5700 at 6% per year for 2 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹7100 at 12% per year for 1 year (in ₹)?
- 34.A shopkeeper buys a cooler for ₹500 and sells it for ₹310. What is the loss (in ₹)?
- 35.What is 10% of 340?
- 36.What is the simple interest on ₹2300 at 9% per year for 2 years (in ₹)?
- 37.What is the simple interest on ₹7000 at 11% per year for 1 year (in ₹)?
- 38.A cricket kit bought for ₹2700 is sold for ₹2295. What is the loss per cent?
- 39.The price of a school bag changed from ₹500 to ₹550. What is the percentage increase?
- 40.A fan bought for ₹1500 is sold for ₹1425. What is the loss per cent?
Answer key
- 15
- 1080
- 30
- 9408
- 336
- 3190
- 280
- 360
- 100
- 216
- 2975
- 2420
- 25
- 72
- 25
- 6784
- 90
- 20
- 20
- 12
- 9135
- 37
- 140
- 30
- 78
- 2720
- 190
- 735
- 418
- 5671
- 80
- 684
- 7952
- 190
- 34
- 414
- 770
- 15
- 10
- 5
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