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 costs ₹700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹9600 at 10% per year for 5 years (in ₹)?
- 3.What is 15% of 500?
- 4.The price of a school bag changed from ₹20 to ₹4. What is the percentage decrease?
- 5.What is 25% of 460?
- 6.The price of a water bottle changed from ₹500 to ₹505. What is the percentage increase?
- 7.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1480. What is the loss (in ₹)?
- 8.What is 90% of 680?
- 9.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹910. What is the profit (in ₹)?
- 10.What is 80% of 680?
- 11.A shopkeeper buys a watch for ₹2750 and sells it for ₹2910. What is the profit (in ₹)?
- 12.A shopkeeper buys a fan for ₹350 and sells it for ₹610. What is the profit (in ₹)?
- 13.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹150. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 4 years (in ₹)?
- 15.A cooler costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 16.What is 30% of 280?
- 17.What is 65% of 460?
- 18.A shopkeeper buys a fan for ₹2850 and sells it for ₹2560. What is the loss (in ₹)?
- 19.The price of a box of mangoes changed from ₹20 to ₹16. What is the percentage decrease?
- 20.A watch costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 21.A mobile phone costs ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 22.A cooler costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.A cricket kit bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 24.A sewing machine costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 25.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
- 26.What is 90% of 720?
- 27.A table costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 28.A mobile phone costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 2 years (in ₹)?
- 30.A cricket kit bought for ₹2300 is sold for ₹2760. What is the profit per cent?
- 31.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 1 year (in ₹)?
- 32.A cricket kit costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 33.A cooler costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 34.A watch bought for ₹3300 is sold for ₹3630. What is the profit per cent?
- 35.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
- 36.What is 5% of 960?
- 37.A sewing machine costs ₹3200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 38.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹1050. What is the profit (in ₹)?
- 39.What is 65% of 760?
- 40.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1290. What is the loss (in ₹)?
Answer key
- 350
- 14400
- 75
- 80
- 115
- 1
- 120
- 612
- 160
- 544
- 160
- 260
- 150
- 2668
- 1400
- 84
- 299
- 290
- 20
- 2660
- 3150
- 780
- 50
- 1350
- 80
- 648
- 600
- 1568
- 2750
- 20
- 3914
- 760
- 770
- 10
- 2
- 48
- 4480
- 250
- 494
- 110
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