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 cycle bought for ₹4000 is sold for ₹3600. What is the loss per cent?
- 2.What is 80% of 180?
- 3.A mobile phone costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 4.What is 30% of 360?
- 5.What is 85% of 400?
- 6.The price of a water bottle changed from ₹250 to ₹255. What is the percentage increase?
- 7.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹2030. What is the profit (in ₹)?
- 8.What is the simple interest on ₹7900 at 4% per year for 5 years (in ₹)?
- 9.A mobile phone costs ₹400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 10.The price of a school bag changed from ₹200 to ₹140. What is the percentage decrease?
- 11.A table bought for ₹3100 is sold for ₹3720. What is the profit per cent?
- 12.What is 30% of 380?
- 13.A watch bought for ₹3100 is sold for ₹2170. What is the loss per cent?
- 14.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 5 years (in ₹)?
- 15.A fan bought for ₹2800 is sold for ₹3220. What is the profit per cent?
- 16.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1610. What is the loss (in ₹)?
- 17.What is 20% of 280?
- 18.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 3 years (in ₹)?
- 19.A shopkeeper buys a watch for ₹250 and sells it for ₹290. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 4 years (in ₹)?
- 21.A sewing machine costs ₹3000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 22.A table costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 23.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
- 24.A shopkeeper buys a cycle for ₹400 and sells it for ₹270. What is the loss (in ₹)?
- 25.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 26.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 3 years (in ₹)?
- 27.What is the simple interest on ₹3000 at 8% per year for 5 years (in ₹)?
- 28.What is the simple interest on ₹8600 at 4% per year for 5 years (in ₹)?
- 29.A cricket kit costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 30.A mobile phone costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 31.A mobile phone costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 32.The price of a water bottle changed from ₹400 to ₹240. What is the percentage decrease?
- 33.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1740. What is the loss (in ₹)?
- 34.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1440. What is the profit (in ₹)?
- 35.A cricket kit costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.What is 20% of 560?
- 37.A cycle bought for ₹1500 is sold for ₹1125. What is the loss per cent?
- 38.What is 20% of 160?
- 39.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2320. What is the profit (in ₹)?
- 40.What is 60% of 60?
Answer key
- 10
- 144
- 1380
- 108
- 340
- 2
- 130
- 1580
- 340
- 30
- 20
- 114
- 30
- 6600
- 15
- 90
- 56
- 1360
- 40
- 3220
- 3450
- 770
- 2
- 130
- 20
- 10282
- 1200
- 1720
- 2250
- 2750
- 1440
- 40
- 60
- 140
- 896
- 112
- 25
- 32
- 20
- 36
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