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 fan costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.What is 55% of 220?
- 3.A shopkeeper buys a watch for ₹2400 and sells it for ₹2600. What is the profit (in ₹)?
- 4.A table costs ₹1700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 5 years (in ₹)?
- 6.What is 75% of 520?
- 7.A shopkeeper buys a watch for ₹1800 and sells it for ₹1510. What is the loss (in ₹)?
- 8.A table bought for ₹2600 is sold for ₹1300. What is the loss per cent?
- 9.A cycle costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1400 at 5% per year for 1 year (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹7400 at 8% per year for 4 years (in ₹)?
- 12.The price of a bus pass changed from ₹20 to ₹16. What is the percentage decrease?
- 13.A mobile phone bought for ₹2700 is sold for ₹3105. What is the profit per cent?
- 14.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2630. What is the loss (in ₹)?
- 15.What is the simple interest on ₹2000 at 7% per year for 3 years (in ₹)?
- 16.The price of a school bag changed from ₹400 to ₹200. What is the percentage decrease?
- 17.The price of a box of mangoes changed from ₹400 to ₹408. What is the percentage increase?
- 18.What is 40% of 440?
- 19.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1930. What is the loss (in ₹)?
- 20.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹690. What is the loss (in ₹)?
- 21.A shopkeeper buys a cycle for ₹950 and sells it for ₹890. What is the loss (in ₹)?
- 22.A shopkeeper buys a table for ₹600 and sells it for ₹800. What is the profit (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 5 years (in ₹)?
- 24.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹170. What is the loss (in ₹)?
- 25.What is 25% of 540?
- 26.A sewing machine costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹2100 at 2% per year for 5 years (in ₹)?
- 28.What is 70% of 400?
- 29.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
- 30.What is 95% of 300?
- 31.What is 75% of 40?
- 32.What is the simple interest on ₹4200 at 11% per year for 2 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 4 years (in ₹)?
- 34.A cycle costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 35.What is 20% of 160?
- 36.A sewing machine costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 37.A sewing machine bought for ₹1800 is sold for ₹1440. What is the loss per cent?
- 38.A sewing machine costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 39.A watch bought for ₹3000 is sold for ₹3360. What is the profit per cent?
- 40.A sewing machine costs ₹2300. It is sold at a 30% loss. What is the selling price (in ₹)?
Answer key
- 880
- 121
- 200
- 1360
- 9430
- 390
- 290
- 50
- 640
- 1470
- 9768
- 20
- 15
- 20
- 420
- 50
- 2
- 176
- 70
- 10
- 60
- 200
- 6720
- 280
- 135
- 1890
- 210
- 280
- 10
- 285
- 30
- 924
- 11480
- 2775
- 32
- 1008
- 20
- 4800
- 12
- 1610
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