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.What is 80% of 440?
- 2.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1300. What is the loss (in ₹)?
- 3.A cycle costs ₹1200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 4.A shopkeeper buys a fan for ₹2750 and sells it for ₹2600. What is the loss (in ₹)?
- 5.What is the simple interest on ₹2400 at 2% per year for 2 years (in ₹)?
- 6.A cycle costs ₹500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 7.A shopkeeper buys a fan for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
- 8.What is the simple interest on ₹8100 at 10% per year for 4 years (in ₹)?
- 9.The price of a box of mangoes changed from ₹50 to ₹80. What is the percentage increase?
- 10.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2190. What is the loss (in ₹)?
- 11.A table costs ₹1700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 12.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1620. What is the profit (in ₹)?
- 13.A shopkeeper buys a watch for ₹2850 and sells it for ₹2830. What is the loss (in ₹)?
- 14.A cycle costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹9500 at 11% per year for 4 years (in ₹)?
- 16.The price of a bus pass changed from ₹100 to ₹50. What is the percentage decrease?
- 17.A cycle costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 18.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹1890. What is the loss (in ₹)?
- 19.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹680. What is the loss (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8200 at 7% per year for 3 years (in ₹)?
- 21.The price of a box of mangoes changed from ₹80 to ₹48. What is the percentage decrease?
- 22.The price of a cricket ball changed from ₹40 to ₹42. What is the percentage increase?
- 23.What is 55% of 760?
- 24.What is the simple interest on ₹2200 at 3% per year for 2 years (in ₹)?
- 25.A sewing machine costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹1100 at 9% per year for 2 years (in ₹)?
- 27.The price of a school bag changed from ₹100 to ₹125. What is the percentage increase?
- 28.A shopkeeper buys a table for ₹350 and sells it for ₹340. What is the loss (in ₹)?
- 29.What is the simple interest on ₹8400 at 12% per year for 5 years (in ₹)?
- 30.A cooler costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹7000 at 10% per year for 1 year (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹2500 at 2% per year for 3 years (in ₹)?
- 33.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹2970. What is the profit (in ₹)?
- 34.The price of a water bottle changed from ₹80 to ₹8. What is the percentage decrease?
- 35.The price of a cricket ball changed from ₹100 to ₹130. What is the percentage increase?
- 36.What is 5% of 500?
- 37.What is the simple interest on ₹3800 at 8% per year for 2 years (in ₹)?
- 38.A shopkeeper buys a cooler for ₹1250 and sells it for ₹1480. What is the profit (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹5100 at 11% per year for 3 years (in ₹)?
- 40.A cricket kit costs ₹1200. It is sold at a 30% loss. What is the selling price (in ₹)?
Answer key
- 352
- 50
- 1320
- 150
- 96
- 300
- 100
- 3240
- 60
- 160
- 1445
- 20
- 20
- 1936
- 13680
- 50
- 1725
- 160
- 270
- 9922
- 40
- 5
- 418
- 132
- 1050
- 198
- 25
- 10
- 5040
- 4800
- 700
- 2650
- 20
- 90
- 30
- 25
- 608
- 230
- 6783
- 840
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