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 sewing machine bought for ₹2000 is sold for ₹1900. What is the loss per cent?
- 2.What is 95% of 100?
- 3.A shopkeeper buys a table for ₹700 and sells it for ₹860. What is the profit (in ₹)?
- 4.What is the simple interest on ₹6500 at 2% per year for 3 years (in ₹)?
- 5.What is 95% of 80?
- 6.The price of a pair of shoes changed from ₹250 to ₹125. What is the percentage decrease?
- 7.The price of a water bottle changed from ₹100 to ₹95. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹900 at 9% per year for 5 years (in ₹)?
- 9.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 10.A mobile phone bought for ₹2500 is sold for ₹2000. What is the loss per cent?
- 11.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 3 years (in ₹)?
- 12.What is 5% of 80?
- 13.What is 25% of 680?
- 14.What is 70% of 820?
- 15.A fan bought for ₹300 is sold for ₹225. What is the loss per cent?
- 16.A cooler costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 17.A cricket kit costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 18.A cricket kit costs ₹3500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 19.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹650. What is the profit (in ₹)?
- 20.What is 5% of 800?
- 21.What is the amount (principal + simple interest) on ₹5100 at 5% per year for 4 years (in ₹)?
- 22.What is 25% of 40?
- 23.A mobile phone costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹1100 at 7% per year for 5 years (in ₹)?
- 25.What is the simple interest on ₹9000 at 3% per year for 4 years (in ₹)?
- 26.A fan bought for ₹700 is sold for ₹875. What is the profit per cent?
- 27.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1330. What is the loss (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹8500 at 7% per year for 5 years (in ₹)?
- 29.What is the simple interest on ₹2500 at 10% per year for 1 year (in ₹)?
- 30.What is the simple interest on ₹8300 at 5% per year for 3 years (in ₹)?
- 31.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1080. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹1400 at 6% per year for 3 years (in ₹)?
- 33.A fan costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 34.The price of a water bottle changed from ₹50 to ₹45. What is the percentage decrease?
- 35.What is 40% of 760?
- 36.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹950. What is the profit (in ₹)?
- 37.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2230. What is the loss (in ₹)?
- 38.A shopkeeper buys a cooler for ₹750 and sells it for ₹800. What is the profit (in ₹)?
- 39.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹630. What is the profit (in ₹)?
- 40.The price of a cricket ball changed from ₹100 to ₹150. What is the percentage increase?
Answer key
- 5
- 95
- 160
- 390
- 76
- 50
- 5
- 1305
- 80
- 20
- 1308
- 4
- 170
- 574
- 25
- 3150
- 850
- 4900
- 100
- 40
- 6120
- 10
- 550
- 385
- 1080
- 25
- 220
- 11475
- 250
- 1245
- 70
- 1652
- 320
- 10
- 304
- 50
- 120
- 50
- 180
- 50
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