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 cycle for ₹2850 and sells it for ₹2690. What is the loss (in ₹)?
- 2.What is 85% of 740?
- 3.What is 15% of 680?
- 4.A fan bought for ₹2300 is sold for ₹2875. What is the profit per cent?
- 5.A cooler costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 6.The price of a box of mangoes changed from ₹400 to ₹720. What is the percentage increase?
- 7.What is the simple interest on ₹3200 at 8% per year for 1 year (in ₹)?
- 8.A table costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 9.A shopkeeper buys a table for ₹2700 and sells it for ₹2770. What is the profit (in ₹)?
- 10.A mobile phone costs ₹3200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 11.A mobile phone bought for ₹500 is sold for ₹350. What is the loss per cent?
- 12.A cycle costs ₹3900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 13.What is 95% of 540?
- 14.What is the simple interest on ₹5700 at 12% per year for 3 years (in ₹)?
- 15.What is the simple interest on ₹3500 at 10% per year for 1 year (in ₹)?
- 16.A cricket kit bought for ₹2700 is sold for ₹2160. What is the loss per cent?
- 17.A cricket kit bought for ₹3600 is sold for ₹4032. What is the profit per cent?
- 18.A shopkeeper buys a watch for ₹1850 and sells it for ₹1780. What is the loss (in ₹)?
- 19.The price of a cricket ball changed from ₹20 to ₹8. What is the percentage decrease?
- 20.What is the simple interest on ₹2900 at 12% per year for 4 years (in ₹)?
- 21.A table bought for ₹3600 is sold for ₹3960. What is the profit per cent?
- 22.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹2590. What is the loss (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹3700 at 12% per year for 1 year (in ₹)?
- 24.A watch costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 25.A mobile phone costs ₹3900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 26.What is 10% of 660?
- 27.What is 65% of 180?
- 28.A sewing machine bought for ₹1400 is sold for ₹1470. What is the profit per cent?
- 29.What is the simple interest on ₹7300 at 11% per year for 3 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 2 years (in ₹)?
- 31.What is 35% of 640?
- 32.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2640. What is the loss (in ₹)?
- 33.The price of a bus pass changed from ₹80 to ₹60. What is the percentage decrease?
- 34.What is the simple interest on ₹8300 at 5% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹3000 at 4% per year for 3 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3700 at 4% per year for 1 year (in ₹)?
- 37.A watch bought for ₹400 is sold for ₹480. What is the profit per cent?
- 38.What is the simple interest on ₹8400 at 12% per year for 5 years (in ₹)?
- 39.What is the simple interest on ₹3600 at 4% per year for 4 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹1800 at 11% per year for 1 year (in ₹)?
Answer key
- 160
- 629
- 102
- 25
- 375
- 80
- 256
- 3145
- 70
- 2560
- 30
- 5460
- 513
- 2052
- 350
- 20
- 12
- 70
- 60
- 1392
- 10
- 260
- 4144
- 1000
- 2925
- 66
- 117
- 5
- 2409
- 3658
- 224
- 60
- 25
- 415
- 360
- 3848
- 20
- 5040
- 576
- 1998
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