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 ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 2.A watch costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 3.A fan bought for ₹2500 is sold for ₹3750. What is the profit per cent?
- 4.A mobile phone bought for ₹3200 is sold for ₹2720. What is the loss per cent?
- 5.A table bought for ₹1100 is sold for ₹550. What is the loss per cent?
- 6.What is 30% of 380?
- 7.A fan costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 8.The price of a pair of shoes changed from ₹40 to ₹50. What is the percentage increase?
- 9.What is 25% of 580?
- 10.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 4 years (in ₹)?
- 11.A mobile phone bought for ₹500 is sold for ₹300. What is the loss per cent?
- 12.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2940. What is the profit (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 4 years (in ₹)?
- 14.A shopkeeper buys a cycle for ₹2950 and sells it for ₹2880. What is the loss (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1440. What is the loss (in ₹)?
- 16.A sewing machine bought for ₹2900 is sold for ₹1450. What is the loss per cent?
- 17.A sewing machine costs ₹1400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 18.A cooler costs ₹2100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 19.A shopkeeper buys a fan for ₹2700 and sells it for ₹2690. What is the loss (in ₹)?
- 20.What is 10% of 480?
- 21.A cricket kit costs ₹2000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 22.What is 25% of 600?
- 23.The price of a bus pass changed from ₹200 to ₹350. What is the percentage increase?
- 24.A cycle bought for ₹2300 is sold for ₹1610. What is the loss per cent?
- 25.A shopkeeper buys a cycle for ₹450 and sells it for ₹500. What is the profit (in ₹)?
- 26.What is 25% of 40?
- 27.What is 25% of 360?
- 28.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1190. What is the loss (in ₹)?
- 29.What is 85% of 580?
- 30.What is 25% of 560?
- 31.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 5 years (in ₹)?
- 32.What is 85% of 800?
- 33.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 3 years (in ₹)?
- 34.What is 30% of 900?
- 35.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 2 years (in ₹)?
- 36.What is 20% of 40?
- 37.The price of a bus pass changed from ₹20 to ₹30. What is the percentage increase?
- 38.What is the amount (principal + simple interest) on ₹1700 at 3% per year for 4 years (in ₹)?
- 39.What is the simple interest on ₹5200 at 10% per year for 2 years (in ₹)?
- 40.A cooler bought for ₹2700 is sold for ₹2160. What is the loss per cent?
Answer key
- 900
- 4030
- 50
- 15
- 50
- 114
- 2125
- 25
- 145
- 13468
- 40
- 190
- 1364
- 70
- 160
- 50
- 1470
- 1848
- 10
- 48
- 3000
- 150
- 75
- 30
- 50
- 10
- 90
- 260
- 493
- 140
- 2550
- 680
- 3720
- 270
- 6696
- 8
- 50
- 1904
- 1040
- 20
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