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.What is 55% of 760?
- 2.A sewing machine costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 3.A watch bought for ₹800 is sold for ₹920. What is the profit per cent?
- 4.What is the simple interest on ₹1500 at 9% per year for 2 years (in ₹)?
- 5.A shopkeeper buys a cooler for ₹550 and sells it for ₹530. What is the loss (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹1600 at 3% per year for 4 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹9900 at 2% per year for 1 year (in ₹)?
- 8.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
- 9.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1190. What is the loss (in ₹)?
- 10.The price of a pair of shoes changed from ₹80 to ₹16. What is the percentage decrease?
- 11.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹830. What is the profit (in ₹)?
- 12.A cricket kit costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 13.A cooler costs ₹1600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹1700 at 12% per year for 4 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹8000 at 9% per year for 5 years (in ₹)?
- 16.What is 55% of 160?
- 17.A fan costs ₹3600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 18.A mobile phone costs ₹1700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 19.A watch bought for ₹3600 is sold for ₹3420. What is the loss per cent?
- 20.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
- 21.What is 35% of 620?
- 22.A mobile phone costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 23.A table costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3020. What is the profit (in ₹)?
- 25.A watch bought for ₹500 is sold for ₹650. What is the profit per cent?
- 26.A cycle costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 27.The price of a school bag changed from ₹20 to ₹14. What is the percentage decrease?
- 28.A cooler bought for ₹2400 is sold for ₹1680. What is the loss per cent?
- 29.A cricket kit bought for ₹400 is sold for ₹352. What is the loss per cent?
- 30.A shopkeeper buys a fan for ₹200 and sells it for ₹120. What is the loss (in ₹)?
- 31.A table bought for ₹400 is sold for ₹280. What is the loss per cent?
- 32.What is the simple interest on ₹1300 at 8% per year for 5 years (in ₹)?
- 33.A mobile phone costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 34.A cooler bought for ₹800 is sold for ₹1120. What is the profit per cent?
- 35.A cycle costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 36.A watch bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 37.A cooler bought for ₹2800 is sold for ₹3920. What is the profit per cent?
- 38.The price of a water bottle changed from ₹20 to ₹12. What is the percentage decrease?
- 39.A shopkeeper buys a cycle for ₹700 and sells it for ₹730. What is the profit (in ₹)?
- 40.What is 20% of 60?
Answer key
- 418
- 1725
- 15
- 270
- 20
- 1792
- 10098
- 10
- 160
- 80
- 180
- 1050
- 2400
- 816
- 11600
- 88
- 4680
- 2040
- 5
- 30
- 217
- 240
- 2730
- 170
- 30
- 160
- 30
- 30
- 12
- 80
- 30
- 520
- 1050
- 40
- 1540
- 20
- 40
- 40
- 30
- 12
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