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 table costs ₹2400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 2.A fan bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 3.What is 55% of 400?
- 4.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
- 5.A watch costs ₹2200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 6.What is 15% of 640?
- 7.A fan costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 8.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2690. What is the profit (in ₹)?
- 9.What is the simple interest on ₹5900 at 5% per year for 2 years (in ₹)?
- 10.A shopkeeper buys a table for ₹1850 and sells it for ₹1760. What is the loss (in ₹)?
- 11.A mobile phone costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹830. What is the loss (in ₹)?
- 13.The price of a box of mangoes changed from ₹20 to ₹4. What is the percentage decrease?
- 14.A watch bought for ₹200 is sold for ₹140. What is the loss per cent?
- 15.What is the simple interest on ₹3300 at 2% per year for 2 years (in ₹)?
- 16.What is the simple interest on ₹9800 at 3% per year for 4 years (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1880. What is the profit (in ₹)?
- 18.A cooler costs ₹2600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 19.The price of a cricket ball changed from ₹40 to ₹50. What is the percentage increase?
- 20.What is the simple interest on ₹10000 at 5% per year for 5 years (in ₹)?
- 21.What is the simple interest on ₹1900 at 3% per year for 4 years (in ₹)?
- 22.The price of a box of mangoes changed from ₹80 to ₹72. What is the percentage decrease?
- 23.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 5 years (in ₹)?
- 24.A shopkeeper buys a table for ₹650 and sells it for ₹910. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 2 years (in ₹)?
- 26.What is 40% of 480?
- 27.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 3 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹6200 at 9% per year for 4 years (in ₹)?
- 29.What is the simple interest on ₹7800 at 3% per year for 1 year (in ₹)?
- 30.A watch bought for ₹2500 is sold for ₹3125. What is the profit per cent?
- 31.A cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 32.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 5 years (in ₹)?
- 33.A shopkeeper buys a watch for ₹600 and sells it for ₹530. What is the loss (in ₹)?
- 34.The price of a box of mangoes changed from ₹100 to ₹180. What is the percentage increase?
- 35.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2520. What is the profit (in ₹)?
- 36.A cooler bought for ₹3900 is sold for ₹3315. What is the loss per cent?
- 37.A watch bought for ₹600 is sold for ₹690. What is the profit per cent?
- 38.A fan costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 39.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2330. What is the profit (in ₹)?
- 40.A table costs ₹1100. It is sold at a 25% loss. What is the selling price (in ₹)?
Answer key
- 1680
- 20
- 220
- 50
- 1100
- 96
- 1890
- 140
- 590
- 90
- 3640
- 170
- 80
- 30
- 132
- 1176
- 30
- 1820
- 25
- 2500
- 228
- 10
- 3960
- 260
- 3016
- 192
- 3658
- 8432
- 234
- 25
- 25
- 12450
- 70
- 80
- 270
- 15
- 15
- 1275
- 280
- 825
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