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 ₹40 to ₹36. What is the percentage decrease?
- 2.A sewing machine costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 3.A cricket kit bought for ₹2700 is sold for ₹4050. What is the profit per cent?
- 4.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1070. What is the loss (in ₹)?
- 5.A cycle bought for ₹2700 is sold for ₹3780. What is the profit per cent?
- 6.A watch bought for ₹700 is sold for ₹595. What is the loss per cent?
- 7.What is 80% of 80?
- 8.What is 10% of 640?
- 9.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
- 10.The price of a cricket ball changed from ₹250 to ₹150. What is the percentage decrease?
- 11.What is the simple interest on ₹1600 at 12% per year for 1 year (in ₹)?
- 12.What is the simple interest on ₹8900 at 11% per year for 2 years (in ₹)?
- 13.What is the simple interest on ₹9200 at 12% per year for 5 years (in ₹)?
- 14.A cycle bought for ₹1200 is sold for ₹1380. What is the profit per cent?
- 15.The price of a pair of shoes changed from ₹250 to ₹245. What is the percentage decrease?
- 16.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹630. What is the profit (in ₹)?
- 17.The price of a cricket ball changed from ₹20 to ₹5. What is the percentage decrease?
- 18.A mobile phone costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹4900 at 9% per year for 4 years (in ₹)?
- 20.A cycle bought for ₹1200 is sold for ₹1140. What is the loss per cent?
- 21.A shopkeeper buys a fan for ₹1000 and sells it for ₹730. What is the loss (in ₹)?
- 22.A shopkeeper buys a table for ₹1750 and sells it for ₹1800. What is the profit (in ₹)?
- 23.What is the simple interest on ₹5400 at 3% per year for 1 year (in ₹)?
- 24.What is 25% of 540?
- 25.A watch costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 26.A watch costs ₹900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 27.The price of a box of mangoes changed from ₹50 to ₹75. What is the percentage increase?
- 28.What is the simple interest on ₹2700 at 4% per year for 1 year (in ₹)?
- 29.The price of a cricket ball changed from ₹200 to ₹140. What is the percentage decrease?
- 30.What is the simple interest on ₹8000 at 12% per year for 2 years (in ₹)?
- 31.The price of a water bottle changed from ₹400 to ₹520. What is the percentage increase?
- 32.A mobile phone bought for ₹3400 is sold for ₹4250. What is the profit per cent?
- 33.What is 70% of 200?
- 34.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 35.What is 25% of 420?
- 36.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2390. What is the profit (in ₹)?
- 37.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1430. What is the loss (in ₹)?
- 38.A shopkeeper buys a table for ₹2450 and sells it for ₹2360. What is the loss (in ₹)?
- 39.What is 20% of 540?
- 40.A cooler costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
Answer key
- 10
- 2340
- 50
- 80
- 40
- 15
- 64
- 64
- 30
- 40
- 192
- 1958
- 5520
- 15
- 2
- 280
- 75
- 1980
- 6664
- 5
- 270
- 50
- 162
- 135
- 2000
- 720
- 50
- 108
- 30
- 1920
- 30
- 25
- 140
- 40
- 105
- 40
- 120
- 90
- 108
- 805
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