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 cooler bought for ₹200 is sold for ₹170. What is the loss per cent?
- 2.What is the amount (principal + simple interest) on ₹9200 at 12% per year for 4 years (in ₹)?
- 3.What is 20% of 60?
- 4.What is the simple interest on ₹3700 at 8% per year for 3 years (in ₹)?
- 5.What is the simple interest on ₹500 at 9% per year for 3 years (in ₹)?
- 6.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹1700. What is the loss (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹9800 at 5% per year for 2 years (in ₹)?
- 8.What is the simple interest on ₹6800 at 7% per year for 1 year (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2400. What is the profit (in ₹)?
- 10.A fan bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 11.What is 25% of 420?
- 12.What is 80% of 60?
- 13.A table costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 14.A table costs ₹500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹1900 at 5% per year for 4 years (in ₹)?
- 16.What is the simple interest on ₹6100 at 2% per year for 4 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹4700 at 5% per year for 1 year (in ₹)?
- 18.A cycle costs ₹3400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 19.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
- 20.A fan bought for ₹1000 is sold for ₹1300. What is the profit per cent?
- 21.What is 5% of 700?
- 22.A watch costs ₹2100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.The price of a cricket ball changed from ₹100 to ₹180. What is the percentage increase?
- 24.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?
- 25.A cycle costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹5500 at 12% per year for 2 years (in ₹)?
- 27.A shopkeeper buys a fan for ₹2950 and sells it for ₹2800. What is the loss (in ₹)?
- 28.A cricket kit bought for ₹1700 is sold for ₹850. What is the loss per cent?
- 29.The price of a pair of shoes changed from ₹200 to ₹196. What is the percentage decrease?
- 30.What is the simple interest on ₹4300 at 2% per year for 4 years (in ₹)?
- 31.A cooler costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 32.A watch costs ₹2800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 33.What is 80% of 880?
- 34.A sewing machine bought for ₹500 is sold for ₹625. What is the profit per cent?
- 35.What is 5% of 580?
- 36.The price of a box of mangoes changed from ₹500 to ₹250. What is the percentage decrease?
- 37.A cycle costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 38.A shopkeeper buys a cycle for ₹2950 and sells it for ₹2860. What is the loss (in ₹)?
- 39.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
- 40.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2460. What is the profit (in ₹)?
Answer key
- 15
- 13616
- 12
- 888
- 135
- 250
- 10780
- 476
- 100
- 25
- 105
- 48
- 3135
- 625
- 380
- 488
- 4935
- 2550
- 60
- 30
- 35
- 2730
- 80
- 80
- 200
- 6820
- 150
- 50
- 2
- 344
- 1760
- 2940
- 704
- 25
- 29
- 50
- 3920
- 90
- 40
- 160
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