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.The price of a pair of shoes changed from ₹200 to ₹80. What is the percentage decrease?
- 2.A cooler bought for ₹3200 is sold for ₹3040. What is the loss per cent?
- 3.A mobile phone costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 4.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1800. What is the profit (in ₹)?
- 5.A fan bought for ₹3200 is sold for ₹2400. What is the loss per cent?
- 6.What is 70% of 360?
- 7.A table bought for ₹700 is sold for ₹595. What is the loss per cent?
- 8.A cricket kit bought for ₹2300 is sold for ₹3220. What is the profit per cent?
- 9.A cycle bought for ₹1000 is sold for ₹850. What is the loss per cent?
- 10.What is the simple interest on ₹6200 at 8% per year for 5 years (in ₹)?
- 11.What is the simple interest on ₹3200 at 4% per year for 1 year (in ₹)?
- 12.A shopkeeper buys a table for ₹2850 and sells it for ₹3090. What is the profit (in ₹)?
- 13.What is 85% of 520?
- 14.A cycle costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹4700 at 2% per year for 1 year (in ₹)?
- 16.What is 15% of 360?
- 17.A table bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 18.A cycle costs ₹2700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹6600 at 9% per year for 5 years (in ₹)?
- 20.What is the simple interest on ₹6500 at 5% per year for 4 years (in ₹)?
- 21.What is the simple interest on ₹4000 at 5% per year for 1 year (in ₹)?
- 22.What is 95% of 880?
- 23.The price of a school bag changed from ₹40 to ₹70. What is the percentage increase?
- 24.A cycle bought for ₹600 is sold for ₹750. What is the profit per cent?
- 25.A sewing machine bought for ₹3400 is sold for ₹4420. What is the profit per cent?
- 26.What is 15% of 280?
- 27.What is the amount (principal + simple interest) on ₹9800 at 10% per year for 5 years (in ₹)?
- 28.A fan costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2060. What is the loss (in ₹)?
- 30.A fan bought for ₹2100 is sold for ₹1848. What is the loss per cent?
- 31.What is 75% of 640?
- 32.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 3 years (in ₹)?
- 33.A watch costs ₹3200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 34.A cycle costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 35.A fan costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹2100 at 7% per year for 3 years (in ₹)?
- 37.A table bought for ₹700 is sold for ₹770. What is the profit per cent?
- 38.What is the amount (principal + simple interest) on ₹1600 at 2% per year for 2 years (in ₹)?
- 39.The price of a bus pass changed from ₹400 to ₹300. What is the percentage decrease?
- 40.A shopkeeper buys a fan for ₹550 and sells it for ₹410. What is the loss (in ₹)?
Answer key
- 60
- 5
- 420
- 50
- 25
- 252
- 15
- 40
- 15
- 2480
- 128
- 240
- 442
- 4200
- 94
- 54
- 5
- 2160
- 9570
- 1300
- 200
- 836
- 75
- 25
- 30
- 42
- 14700
- 3080
- 240
- 12
- 480
- 1815
- 3360
- 1800
- 1050
- 2541
- 10
- 1664
- 25
- 140
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