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 90% of 540?
- 2.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2680. What is the loss (in ₹)?
- 3.What is 5% of 200?
- 4.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1240. What is the loss (in ₹)?
- 5.A sewing machine bought for ₹400 is sold for ₹380. What is the loss per cent?
- 6.What is the simple interest on ₹6700 at 2% per year for 3 years (in ₹)?
- 7.A cooler costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹2800 at 9% per year for 1 year (in ₹)?
- 9.What is 45% of 940?
- 10.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1230. What is the loss (in ₹)?
- 11.The price of a water bottle changed from ₹20 to ₹2. What is the percentage decrease?
- 12.The price of a bus pass changed from ₹500 to ₹100. What is the percentage decrease?
- 13.A cycle costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 14.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2330. What is the loss (in ₹)?
- 15.What is the simple interest on ₹8100 at 7% per year for 2 years (in ₹)?
- 16.A cycle costs ₹1500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 17.What is 85% of 680?
- 18.What is 5% of 920?
- 19.What is the simple interest on ₹7100 at 6% per year for 3 years (in ₹)?
- 20.A mobile phone costs ₹3400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 21.A cooler costs ₹2200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 22.The price of a bus pass changed from ₹20 to ₹2. What is the percentage decrease?
- 23.What is the simple interest on ₹1600 at 4% per year for 2 years (in ₹)?
- 24.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3240. What is the profit (in ₹)?
- 25.A shopkeeper buys a cycle for ₹3000 and sells it for ₹2950. What is the loss (in ₹)?
- 26.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1990. What is the profit (in ₹)?
- 27.The price of a bus pass changed from ₹20 to ₹21. What is the percentage increase?
- 28.What is 75% of 580?
- 29.A shopkeeper buys a fan for ₹2150 and sells it for ₹2230. What is the profit (in ₹)?
- 30.A cycle costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 31.The price of a bus pass changed from ₹400 to ₹100. What is the percentage decrease?
- 32.The price of a bus pass changed from ₹400 to ₹380. What is the percentage decrease?
- 33.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?
- 34.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹1080. What is the profit (in ₹)?
- 35.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹2060. What is the profit (in ₹)?
- 36.What is the simple interest on ₹3400 at 6% per year for 5 years (in ₹)?
- 37.What is the simple interest on ₹9900 at 3% per year for 4 years (in ₹)?
- 38.A table bought for ₹500 is sold for ₹250. What is the loss per cent?
- 39.The price of a pair of shoes changed from ₹500 to ₹600. What is the percentage increase?
- 40.A cycle costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?
Answer key
- 486
- 270
- 10
- 210
- 5
- 402
- 330
- 252
- 423
- 270
- 90
- 80
- 315
- 20
- 1134
- 1125
- 578
- 46
- 1278
- 2380
- 2464
- 90
- 128
- 240
- 50
- 90
- 5
- 435
- 80
- 990
- 75
- 5
- 75
- 180
- 210
- 1020
- 1188
- 50
- 20
- 2000
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