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 fan costs ₹1600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 2.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
- 3.The price of a water bottle changed from ₹200 to ₹240. What is the percentage increase?
- 4.What is the simple interest on ₹1500 at 8% per year for 5 years (in ₹)?
- 5.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹410. What is the loss (in ₹)?
- 6.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1170. What is the profit (in ₹)?
- 7.A table bought for ₹3000 is sold for ₹2640. What is the loss per cent?
- 8.A table bought for ₹3600 is sold for ₹3780. What is the profit per cent?
- 9.What is 70% of 840?
- 10.What is 25% of 920?
- 11.A shopkeeper buys a fan for ₹550 and sells it for ₹400. What is the loss (in ₹)?
- 12.The price of a cricket ball changed from ₹40 to ₹32. What is the percentage decrease?
- 13.What is the amount (principal + simple interest) on ₹9200 at 5% per year for 5 years (in ₹)?
- 14.What is 95% of 240?
- 15.The price of a water bottle changed from ₹200 to ₹150. What is the percentage decrease?
- 16.The price of a water bottle changed from ₹250 to ₹300. What is the percentage increase?
- 17.What is the simple interest on ₹1000 at 10% per year for 2 years (in ₹)?
- 18.A shopkeeper buys a fan for ₹2350 and sells it for ₹2560. What is the profit (in ₹)?
- 19.What is the simple interest on ₹2200 at 10% per year for 4 years (in ₹)?
- 20.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
- 21.A table costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹7100 at 6% per year for 4 years (in ₹)?
- 23.A cooler costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 24.A cooler costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 25.A sewing machine bought for ₹3700 is sold for ₹5180. What is the profit per cent?
- 26.A cycle costs ₹1700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹500 at 7% per year for 2 years (in ₹)?
- 28.What is the simple interest on ₹6000 at 5% per year for 2 years (in ₹)?
- 29.What is 70% of 280?
- 30.What is the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹8300 at 6% per year for 4 years (in ₹)?
- 32.What is the simple interest on ₹8900 at 2% per year for 3 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹6100 at 12% per year for 5 years (in ₹)?
- 34.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
- 35.A watch costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.A mobile phone costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹9100 at 2% per year for 2 years (in ₹)?
- 38.The price of a pair of shoes changed from ₹400 to ₹80. What is the percentage decrease?
- 39.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2560. What is the loss (in ₹)?
- 40.What is the simple interest on ₹4000 at 7% per year for 3 years (in ₹)?
Answer key
- 800
- 20
- 20
- 600
- 90
- 170
- 12
- 5
- 588
- 230
- 150
- 20
- 11500
- 228
- 25
- 20
- 200
- 210
- 880
- 60
- 440
- 8804
- 480
- 2475
- 40
- 1870
- 70
- 600
- 196
- 800
- 10292
- 534
- 9760
- 30
- 4480
- 1000
- 9464
- 80
- 40
- 840
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