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 ₹2800 is sold for ₹1960. What is the loss per cent?
- 2.What is 75% of 980?
- 3.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 2 years (in ₹)?
- 4.What is 60% of 680?
- 5.What is 45% of 580?
- 6.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹580. What is the loss (in ₹)?
- 7.A watch costs ₹200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2820. What is the profit (in ₹)?
- 9.What is the simple interest on ₹8800 at 10% per year for 2 years (in ₹)?
- 10.What is the simple interest on ₹4600 at 10% per year for 3 years (in ₹)?
- 11.What is 25% of 620?
- 12.A shopkeeper buys a table for ₹2650 and sells it for ₹2640. What is the loss (in ₹)?
- 13.What is the simple interest on ₹9200 at 10% per year for 4 years (in ₹)?
- 14.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2250. What is the loss (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹570. What is the loss (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 5 years (in ₹)?
- 17.What is the simple interest on ₹2800 at 6% per year for 3 years (in ₹)?
- 18.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2380. What is the profit (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹8700 at 4% per year for 1 year (in ₹)?
- 20.The price of a box of mangoes changed from ₹40 to ₹48. What is the percentage increase?
- 21.A cycle costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 22.A sewing machine bought for ₹1900 is sold for ₹1710. What is the loss per cent?
- 23.A cooler costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 24.A cooler bought for ₹2600 is sold for ₹3640. What is the profit per cent?
- 25.What is 95% of 900?
- 26.What is 55% of 860?
- 27.What is the simple interest on ₹800 at 11% per year for 4 years (in ₹)?
- 28.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1180. What is the loss (in ₹)?
- 29.What is the simple interest on ₹1400 at 3% per year for 1 year (in ₹)?
- 30.What is 10% of 640?
- 31.What is 15% of 1000?
- 32.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 3 years (in ₹)?
- 33.A shopkeeper buys a watch for ₹1850 and sells it for ₹1860. What is the profit (in ₹)?
- 34.What is 35% of 200?
- 35.What is 45% of 180?
- 36.What is the simple interest on ₹9700 at 9% per year for 3 years (in ₹)?
- 37.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2220. What is the profit (in ₹)?
- 38.A shopkeeper buys a cooler for ₹2950 and sells it for ₹3170. What is the profit (in ₹)?
- 39.A mobile phone costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 40.What is 40% of 620?
Answer key
- 30
- 735
- 2968
- 408
- 261
- 70
- 240
- 70
- 1760
- 1380
- 155
- 10
- 3680
- 50
- 280
- 5520
- 504
- 180
- 9048
- 20
- 375
- 10
- 3900
- 40
- 855
- 473
- 352
- 70
- 42
- 64
- 150
- 6630
- 10
- 70
- 81
- 2619
- 20
- 220
- 3840
- 248
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