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 cycle bought for ₹200 is sold for ₹160. What is the loss per cent?
- 2.A mobile phone bought for ₹4000 is sold for ₹3520. What is the loss per cent?
- 3.The price of a bus pass changed from ₹200 to ₹350. What is the percentage increase?
- 4.A shopkeeper buys a cooler for ₹300 and sells it for ₹140. What is the loss (in ₹)?
- 5.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
- 6.What is the simple interest on ₹1700 at 4% per year for 3 years (in ₹)?
- 7.What is the simple interest on ₹2700 at 7% per year for 3 years (in ₹)?
- 8.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1400. What is the profit (in ₹)?
- 9.The price of a pair of shoes changed from ₹200 to ₹250. What is the percentage increase?
- 10.A cooler bought for ₹2000 is sold for ₹1800. What is the loss per cent?
- 11.A sewing machine costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 12.A cycle bought for ₹3100 is sold for ₹2635. What is the loss per cent?
- 13.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1170. What is the profit (in ₹)?
- 14.A mobile phone bought for ₹2900 is sold for ₹4060. What is the profit per cent?
- 15.A cricket kit costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 16.What is the simple interest on ₹5200 at 12% per year for 2 years (in ₹)?
- 17.What is 15% of 80?
- 18.A watch costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 19.A fan bought for ₹3300 is sold for ₹2805. What is the loss per cent?
- 20.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹860. What is the profit (in ₹)?
- 21.What is 85% of 940?
- 22.A cycle bought for ₹2200 is sold for ₹3080. What is the profit per cent?
- 23.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 5 years (in ₹)?
- 24.A cooler costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 25.A mobile phone costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹3100 at 9% per year for 5 years (in ₹)?
- 27.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
- 28.What is the simple interest on ₹3400 at 6% per year for 3 years (in ₹)?
- 29.What is 95% of 280?
- 30.The price of a pair of shoes changed from ₹40 to ₹20. What is the percentage decrease?
- 31.What is the simple interest on ₹3000 at 3% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1580. What is the loss (in ₹)?
- 33.What is 30% of 640?
- 34.What is the simple interest on ₹1800 at 2% per year for 5 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹3400 at 9% per year for 4 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹4600 at 9% per year for 1 year (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 2 years (in ₹)?
- 38.The price of a school bag changed from ₹100 to ₹95. What is the percentage decrease?
- 39.The price of a cricket ball changed from ₹80 to ₹20. What is the percentage decrease?
- 40.A shopkeeper buys a watch for ₹2600 and sells it for ₹2490. What is the loss (in ₹)?
Answer key
- 20
- 12
- 75
- 160
- 60
- 204
- 567
- 50
- 25
- 10
- 3024
- 15
- 120
- 40
- 2890
- 1248
- 12
- 448
- 15
- 160
- 799
- 40
- 7700
- 1450
- 560
- 1395
- 20
- 612
- 266
- 50
- 450
- 120
- 192
- 180
- 4624
- 5014
- 3016
- 5
- 75
- 110
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