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 box of mangoes changed from ₹80 to ₹56. What is the percentage decrease?
- 2.A table costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 3.What is 90% of 620?
- 4.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 2 years (in ₹)?
- 5.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3270. What is the profit (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹4600 at 2% per year for 4 years (in ₹)?
- 7.A sewing machine bought for ₹400 is sold for ₹380. What is the loss per cent?
- 8.A shopkeeper buys a table for ₹1550 and sells it for ₹1850. What is the profit (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 5 years (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹2010. What is the profit (in ₹)?
- 11.A shopkeeper buys a table for ₹750 and sells it for ₹470. What is the loss (in ₹)?
- 12.A fan costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a cooler for ₹250 and sells it for ₹20. What is the loss (in ₹)?
- 14.A sewing machine bought for ₹1300 is sold for ₹780. What is the loss per cent?
- 15.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 16.What is the amount (principal + simple interest) on ₹5400 at 11% per year for 2 years (in ₹)?
- 17.What is 45% of 900?
- 18.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2560. What is the profit (in ₹)?
- 19.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1800. What is the profit (in ₹)?
- 20.A shopkeeper buys a cooler for ₹450 and sells it for ₹420. What is the loss (in ₹)?
- 21.A cycle costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹6600 at 4% per year for 3 years (in ₹)?
- 23.What is 85% of 980?
- 24.A shopkeeper buys a fan for ₹1250 and sells it for ₹970. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 2 years (in ₹)?
- 26.A mobile phone bought for ₹1400 is sold for ₹1470. What is the profit per cent?
- 27.What is the simple interest on ₹4700 at 8% per year for 5 years (in ₹)?
- 28.A shopkeeper buys a table for ₹2850 and sells it for ₹3020. What is the profit (in ₹)?
- 29.What is the simple interest on ₹4100 at 10% per year for 4 years (in ₹)?
- 30.What is 20% of 260?
- 31.A sewing machine costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 32.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1040. What is the loss (in ₹)?
- 33.A fan costs ₹1500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 34.A cooler costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹2200 at 7% per year for 5 years (in ₹)?
- 36.A cricket kit bought for ₹1100 is sold for ₹825. What is the loss per cent?
- 37.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
- 38.What is the simple interest on ₹1900 at 5% per year for 4 years (in ₹)?
- 39.A watch bought for ₹4000 is sold for ₹2400. What is the loss per cent?
- 40.The price of a box of mangoes changed from ₹400 to ₹380. What is the percentage decrease?
Answer key
- 30
- 1760
- 558
- 10788
- 270
- 4968
- 5
- 300
- 7750
- 260
- 280
- 3520
- 230
- 40
- 40
- 6588
- 405
- 10
- 100
- 30
- 650
- 792
- 833
- 280
- 9760
- 5
- 1880
- 170
- 1640
- 52
- 1920
- 110
- 1320
- 1900
- 770
- 25
- 20
- 380
- 40
- 5
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