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 mobile phone bought for ₹2200 is sold for ₹1936. What is the loss per cent?
- 2.What is 5% of 940?
- 3.What is the amount (principal + simple interest) on ₹800 at 4% per year for 1 year (in ₹)?
- 4.A fan bought for ₹1400 is sold for ₹700. What is the loss per cent?
- 5.A shopkeeper buys a table for ₹850 and sells it for ₹820. What is the loss (in ₹)?
- 6.What is the simple interest on ₹8400 at 7% per year for 4 years (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹540. What is the profit (in ₹)?
- 8.What is the simple interest on ₹5800 at 4% per year for 1 year (in ₹)?
- 9.A table bought for ₹500 is sold for ₹550. What is the profit per cent?
- 10.A watch costs ₹1100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹2000 at 8% per year for 4 years (in ₹)?
- 12.A cooler costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 13.The price of a pair of shoes changed from ₹200 to ₹180. What is the percentage decrease?
- 14.What is 75% of 600?
- 15.What is the simple interest on ₹3300 at 10% per year for 3 years (in ₹)?
- 16.A cooler costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 17.A cycle costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 18.The price of a bus pass changed from ₹200 to ₹160. What is the percentage decrease?
- 19.A cycle bought for ₹3800 is sold for ₹3230. What is the loss per cent?
- 20.What is the amount (principal + simple interest) on ₹3100 at 11% per year for 3 years (in ₹)?
- 21.What is 85% of 260?
- 22.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 1 year (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹700 at 7% per year for 3 years (in ₹)?
- 24.The price of a cricket ball changed from ₹400 to ₹320. What is the percentage decrease?
- 25.What is the amount (principal + simple interest) on ₹9100 at 3% per year for 3 years (in ₹)?
- 26.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
- 27.A cycle costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 28.What is the simple interest on ₹3700 at 8% per year for 4 years (in ₹)?
- 29.What is 10% of 520?
- 30.A sewing machine bought for ₹1100 is sold for ₹825. What is the loss per cent?
- 31.What is 35% of 860?
- 32.A shopkeeper buys a cycle for ₹1100 and sells it for ₹860. What is the loss (in ₹)?
- 33.A sewing machine costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 34.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 35.What is the simple interest on ₹8000 at 8% per year for 2 years (in ₹)?
- 36.The price of a cricket ball changed from ₹200 to ₹180. What is the percentage decrease?
- 37.A table costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 38.A watch bought for ₹2200 is sold for ₹3300. What is the profit per cent?
- 39.What is the amount (principal + simple interest) on ₹5800 at 11% per year for 5 years (in ₹)?
- 40.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1650. What is the loss (in ₹)?
Answer key
- 12
- 47
- 832
- 50
- 30
- 2352
- 140
- 232
- 10
- 1320
- 640
- 2565
- 10
- 450
- 990
- 3120
- 1710
- 20
- 15
- 4123
- 221
- 2060
- 847
- 20
- 9919
- 20
- 2400
- 1184
- 52
- 25
- 301
- 240
- 448
- 60
- 1280
- 10
- 140
- 50
- 8990
- 50
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