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 cycle costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.What is 15% of 220?
- 3.The price of a pair of shoes changed from ₹500 to ₹100. What is the percentage decrease?
- 4.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2520. What is the profit (in ₹)?
- 5.What is 70% of 1000?
- 6.A shopkeeper buys a cooler for ₹250 and sells it for ₹450. What is the profit (in ₹)?
- 7.What is 65% of 40?
- 8.What is 15% of 900?
- 9.What is 75% of 940?
- 10.What is 65% of 540?
- 11.A shopkeeper buys a watch for ₹1450 and sells it for ₹1400. What is the loss (in ₹)?
- 12.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2710. What is the profit (in ₹)?
- 13.The price of a bus pass changed from ₹50 to ₹35. What is the percentage decrease?
- 14.A sewing machine bought for ₹2700 is sold for ₹3024. What is the profit per cent?
- 15.The price of a bus pass changed from ₹100 to ₹190. What is the percentage increase?
- 16.A fan costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 17.A mobile phone costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹9600 at 12% per year for 5 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 2 years (in ₹)?
- 20.What is the simple interest on ₹1000 at 2% per year for 4 years (in ₹)?
- 21.A mobile phone bought for ₹3000 is sold for ₹3300. What is the profit per cent?
- 22.What is the simple interest on ₹3000 at 2% per year for 1 year (in ₹)?
- 23.A cricket kit bought for ₹3100 is sold for ₹3410. What is the profit per cent?
- 24.A sewing machine costs ₹700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 25.A shopkeeper buys a watch for ₹550 and sells it for ₹410. What is the loss (in ₹)?
- 26.What is 15% of 560?
- 27.What is the simple interest on ₹7700 at 8% per year for 5 years (in ₹)?
- 28.A sewing machine costs ₹3500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 29.What is 45% of 500?
- 30.What is 70% of 480?
- 31.The price of a cricket ball changed from ₹25 to ₹10. What is the percentage decrease?
- 32.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1850. What is the profit (in ₹)?
- 33.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2900. What is the profit (in ₹)?
- 34.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹830. What is the profit (in ₹)?
- 35.The price of a cricket ball changed from ₹80 to ₹48. What is the percentage decrease?
- 36.What is 65% of 720?
- 37.The price of a box of mangoes changed from ₹100 to ₹110. What is the percentage increase?
- 38.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 4 years (in ₹)?
- 39.A cycle costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹730. What is the loss (in ₹)?
Answer key
- 3600
- 33
- 80
- 120
- 700
- 200
- 26
- 135
- 705
- 351
- 50
- 160
- 30
- 12
- 90
- 2590
- 1050
- 5760
- 4560
- 80
- 10
- 60
- 10
- 630
- 140
- 84
- 3080
- 4550
- 225
- 336
- 60
- 300
- 200
- 280
- 40
- 468
- 10
- 3596
- 2750
- 270
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