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 shopkeeper buys a fan for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
- 2.A fan bought for ₹2900 is sold for ₹1740. What is the loss per cent?
- 3.What is the simple interest on ₹4300 at 3% per year for 1 year (in ₹)?
- 4.What is 95% of 300?
- 5.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
- 6.A cycle costs ₹1900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 7.A cycle bought for ₹1700 is sold for ₹1904. What is the profit per cent?
- 8.What is the amount (principal + simple interest) on ₹900 at 4% per year for 3 years (in ₹)?
- 9.What is the simple interest on ₹3200 at 7% per year for 5 years (in ₹)?
- 10.What is 75% of 360?
- 11.A watch bought for ₹900 is sold for ₹630. What is the loss per cent?
- 12.What is the simple interest on ₹7900 at 3% per year for 3 years (in ₹)?
- 13.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1290. What is the profit (in ₹)?
- 14.A mobile phone costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 15.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
- 16.The price of a water bottle changed from ₹250 to ₹175. What is the percentage decrease?
- 17.The price of a bus pass changed from ₹200 to ₹220. What is the percentage increase?
- 18.What is the simple interest on ₹3800 at 9% per year for 2 years (in ₹)?
- 19.What is the simple interest on ₹9000 at 4% per year for 5 years (in ₹)?
- 20.A cycle bought for ₹2600 is sold for ₹2288. What is the loss per cent?
- 21.What is 45% of 420?
- 22.A table costs ₹3400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹7600 at 12% per year for 4 years (in ₹)?
- 24.A cooler bought for ₹1200 is sold for ₹1320. What is the profit per cent?
- 25.A cricket kit bought for ₹1400 is sold for ₹1470. What is the profit per cent?
- 26.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1210. What is the loss (in ₹)?
- 27.What is the simple interest on ₹5700 at 9% per year for 3 years (in ₹)?
- 28.A sewing machine costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 29.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?
- 30.What is 40% of 60?
- 31.A shopkeeper buys a fan for ₹1050 and sells it for ₹1070. What is the profit (in ₹)?
- 32.What is 75% of 40?
- 33.What is 15% of 280?
- 34.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2900. What is the profit (in ₹)?
- 35.A cycle costs ₹1600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 36.A mobile phone costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 37.What is 75% of 600?
- 38.What is the simple interest on ₹4000 at 7% per year for 2 years (in ₹)?
- 39.A cooler bought for ₹1800 is sold for ₹2016. What is the profit per cent?
- 40.A cooler costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
Answer key
- 10
- 40
- 129
- 285
- 80
- 2128
- 12
- 1008
- 1120
- 270
- 30
- 711
- 290
- 700
- 80
- 30
- 10
- 684
- 1800
- 12
- 189
- 3230
- 3648
- 10
- 5
- 140
- 1539
- 1170
- 80
- 24
- 20
- 30
- 42
- 150
- 1120
- 1520
- 450
- 560
- 12
- 3000
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