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 ₹400 is sold for ₹320. What is the loss per cent?
- 2.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2150. What is the loss (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 1 year (in ₹)?
- 4.A table bought for ₹600 is sold for ₹630. What is the profit per cent?
- 5.What is the amount (principal + simple interest) on ₹7900 at 2% per year for 5 years (in ₹)?
- 6.A cooler costs ₹2100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 7.A shopkeeper buys a watch for ₹1150 and sells it for ₹1080. What is the loss (in ₹)?
- 8.The price of a cricket ball changed from ₹200 to ₹210. What is the percentage increase?
- 9.What is the amount (principal + simple interest) on ₹3700 at 10% per year for 4 years (in ₹)?
- 10.The price of a cricket ball changed from ₹200 to ₹360. What is the percentage increase?
- 11.A cooler costs ₹3700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a cooler for ₹600 and sells it for ₹430. What is the loss (in ₹)?
- 13.A shopkeeper buys a table for ₹950 and sells it for ₹890. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹1100 at 4% per year for 2 years (in ₹)?
- 15.What is 30% of 520?
- 16.What is the amount (principal + simple interest) on ₹5900 at 11% per year for 3 years (in ₹)?
- 17.The price of a water bottle changed from ₹80 to ₹76. What is the percentage decrease?
- 18.A shopkeeper buys a fan for ₹1050 and sells it for ₹1330. What is the profit (in ₹)?
- 19.What is 25% of 520?
- 20.A cycle costs ₹3700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 21.What is 70% of 600?
- 22.A shopkeeper buys a fan for ₹850 and sells it for ₹650. What is the loss (in ₹)?
- 23.A cycle costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 24.A fan costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 25.A cooler costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹2100 at 8% per year for 2 years (in ₹)?
- 27.What is 25% of 660?
- 28.The price of a bus pass changed from ₹20 to ₹19. What is the percentage decrease?
- 29.What is 55% of 580?
- 30.A watch costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 31.A shopkeeper buys a watch for ₹2300 and sells it for ₹2190. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹2100 at 4% per year for 4 years (in ₹)?
- 33.A sewing machine bought for ₹2500 is sold for ₹1875. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 5 years (in ₹)?
- 35.What is the simple interest on ₹4000 at 3% per year for 3 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹6800 at 4% per year for 5 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹7700 at 3% per year for 4 years (in ₹)?
- 38.The price of a pair of shoes changed from ₹20 to ₹24. What is the percentage increase?
- 39.A mobile phone costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 40.What is 45% of 360?
Answer key
- 20
- 200
- 7918
- 5
- 8690
- 3150
- 70
- 5
- 5180
- 80
- 5550
- 170
- 60
- 1188
- 156
- 7847
- 5
- 280
- 130
- 1850
- 420
- 200
- 2970
- 1950
- 1170
- 336
- 165
- 5
- 319
- 1105
- 110
- 2436
- 25
- 10670
- 360
- 8160
- 8624
- 20
- 1650
- 162
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