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 cooler bought for ₹3600 is sold for ₹3240. What is the loss per cent?
- 2.What is the amount (principal + simple interest) on ₹4600 at 2% per year for 5 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 3 years (in ₹)?
- 4.What is 40% of 720?
- 5.A fan costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹510. What is the profit (in ₹)?
- 7.A cycle bought for ₹2900 is sold for ₹3480. What is the profit per cent?
- 8.What is 30% of 580?
- 9.What is the simple interest on ₹1800 at 7% per year for 2 years (in ₹)?
- 10.What is 15% of 360?
- 11.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
- 12.What is 15% of 640?
- 13.What is the simple interest on ₹1200 at 7% per year for 1 year (in ₹)?
- 14.A cooler costs ₹2600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 15.The price of a school bag changed from ₹500 to ₹495. What is the percentage decrease?
- 16.A shopkeeper buys a watch for ₹1800 and sells it for ₹1790. What is the loss (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1250. What is the loss (in ₹)?
- 18.A cycle bought for ₹300 is sold for ₹360. What is the profit per cent?
- 19.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹480. What is the loss (in ₹)?
- 20.A sewing machine costs ₹1800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹1100 at 3% per year for 4 years (in ₹)?
- 22.A cycle costs ₹3900. It is sold at a 40% loss. What is the selling price (in ₹)?
- 23.The price of a box of mangoes changed from ₹400 to ₹440. What is the percentage increase?
- 24.The price of a box of mangoes changed from ₹80 to ₹152. What is the percentage increase?
- 25.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
- 26.A fan bought for ₹3900 is sold for ₹4485. What is the profit per cent?
- 27.A mobile phone bought for ₹1000 is sold for ₹850. What is the loss per cent?
- 28.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 4 years (in ₹)?
- 29.A table costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 30.A table bought for ₹1500 is sold for ₹2100. What is the profit per cent?
- 31.What is the simple interest on ₹7800 at 8% per year for 1 year (in ₹)?
- 32.What is 90% of 60?
- 33.What is 75% of 980?
- 34.What is 80% of 320?
- 35.What is the amount (principal + simple interest) on ₹9100 at 3% per year for 2 years (in ₹)?
- 36.A cricket kit costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 37.A shopkeeper buys a table for ₹2050 and sells it for ₹2130. What is the profit (in ₹)?
- 38.What is the simple interest on ₹7900 at 7% per year for 2 years (in ₹)?
- 39.A shopkeeper buys a fan for ₹700 and sells it for ₹610. What is the loss (in ₹)?
- 40.A mobile phone costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
Answer key
- 10
- 5060
- 2794
- 288
- 2480
- 10
- 20
- 174
- 252
- 54
- 10
- 96
- 84
- 2288
- 1
- 10
- 50
- 20
- 220
- 1980
- 132
- 2340
- 10
- 90
- 80
- 15
- 15
- 10692
- 1700
- 40
- 624
- 54
- 735
- 256
- 9646
- 480
- 80
- 1106
- 90
- 2450
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