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.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
- 2.A cricket kit costs ₹2600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 3.A cricket kit costs ₹300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 4.A watch bought for ₹2800 is sold for ₹2520. What is the loss per cent?
- 5.What is the simple interest on ₹1400 at 2% per year for 2 years (in ₹)?
- 6.What is 35% of 220?
- 7.What is the amount (principal + simple interest) on ₹6600 at 8% per year for 5 years (in ₹)?
- 8.The price of a bus pass changed from ₹20 to ₹8. What is the percentage decrease?
- 9.A shopkeeper buys a fan for ₹1100 and sells it for ₹1370. What is the profit (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 4 years (in ₹)?
- 11.A table bought for ₹1200 is sold for ₹1020. What is the loss per cent?
- 12.The price of a box of mangoes changed from ₹200 to ₹360. What is the percentage increase?
- 13.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2980. What is the profit (in ₹)?
- 14.A cycle costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 15.What is 70% of 120?
- 16.A cricket kit costs ₹1400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 17.The price of a cricket ball changed from ₹40 to ₹24. What is the percentage decrease?
- 18.A cricket kit bought for ₹2000 is sold for ₹1760. What is the loss per cent?
- 19.The price of a school bag changed from ₹400 to ₹320. What is the percentage decrease?
- 20.What is the simple interest on ₹9000 at 7% per year for 5 years (in ₹)?
- 21.The price of a water bottle changed from ₹250 to ₹25. What is the percentage decrease?
- 22.A mobile phone bought for ₹2000 is sold for ₹2500. What is the profit per cent?
- 23.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2850. What is the profit (in ₹)?
- 24.A table bought for ₹3800 is sold for ₹3610. What is the loss per cent?
- 25.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1150. What is the loss (in ₹)?
- 26.A shopkeeper buys a cooler for ₹500 and sells it for ₹510. What is the profit (in ₹)?
- 27.The price of a school bag changed from ₹250 to ₹350. What is the percentage increase?
- 28.A cycle costs ₹3400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹1800 at 5% per year for 2 years (in ₹)?
- 30.A cycle bought for ₹500 is sold for ₹475. What is the loss per cent?
- 31.A watch bought for ₹4000 is sold for ₹3800. What is the loss per cent?
- 32.What is the amount (principal + simple interest) on ₹8600 at 5% per year for 4 years (in ₹)?
- 33.The price of a pair of shoes changed from ₹50 to ₹40. What is the percentage decrease?
- 34.What is 35% of 60?
- 35.The price of a bus pass changed from ₹400 to ₹560. What is the percentage increase?
- 36.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 1 year (in ₹)?
- 37.The price of a water bottle changed from ₹20 to ₹8. What is the percentage decrease?
- 38.What is 30% of 920?
- 39.The price of a pair of shoes changed from ₹250 to ₹125. What is the percentage decrease?
- 40.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?
Answer key
- 80
- 2860
- 264
- 10
- 56
- 77
- 9240
- 60
- 270
- 1080
- 15
- 80
- 80
- 1750
- 84
- 1960
- 40
- 12
- 20
- 3150
- 90
- 25
- 200
- 5
- 100
- 10
- 40
- 2720
- 180
- 5
- 5
- 10320
- 20
- 21
- 40
- 3488
- 60
- 276
- 50
- 30
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