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 fan costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 2.The price of a cricket ball changed from ₹500 to ₹100. What is the percentage decrease?
- 3.What is 40% of 260?
- 4.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2540. What is the loss (in ₹)?
- 5.A cycle costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 2 years (in ₹)?
- 7.A shopkeeper buys a cooler for ₹650 and sells it for ₹920. What is the profit (in ₹)?
- 8.A fan costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 9.A watch costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 10.A fan costs ₹2000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 11.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1630. What is the profit (in ₹)?
- 12.What is the simple interest on ₹9700 at 2% per year for 5 years (in ₹)?
- 13.A cooler bought for ₹4000 is sold for ₹2400. What is the loss per cent?
- 14.A mobile phone bought for ₹500 is sold for ₹350. What is the loss per cent?
- 15.A sewing machine bought for ₹1700 is sold for ₹1190. What is the loss per cent?
- 16.A cooler bought for ₹2700 is sold for ₹1350. What is the loss per cent?
- 17.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2070. What is the profit (in ₹)?
- 18.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
- 19.A shopkeeper buys a fan for ₹1400 and sells it for ₹1200. What is the loss (in ₹)?
- 20.A cycle costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹9800 at 4% per year for 5 years (in ₹)?
- 22.A fan costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 23.A cooler bought for ₹3400 is sold for ₹2550. What is the loss per cent?
- 24.A cricket kit costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 25.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹720. What is the loss (in ₹)?
- 26.A watch costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 27.What is 45% of 620?
- 28.The price of a water bottle changed from ₹40 to ₹60. What is the percentage increase?
- 29.What is 45% of 560?
- 30.What is the simple interest on ₹2500 at 3% per year for 3 years (in ₹)?
- 31.The price of a pair of shoes changed from ₹50 to ₹35. What is the percentage decrease?
- 32.What is the simple interest on ₹6200 at 6% per year for 1 year (in ₹)?
- 33.A cooler costs ₹700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹2100 at 12% per year for 5 years (in ₹)?
- 35.What is 20% of 460?
- 36.What is 75% of 260?
- 37.A sewing machine costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 38.What is 70% of 820?
- 39.A shopkeeper buys a table for ₹2650 and sells it for ₹2370. What is the loss (in ₹)?
- 40.What is 70% of 260?
Answer key
- 480
- 80
- 104
- 110
- 595
- 7440
- 270
- 450
- 5250
- 2800
- 130
- 970
- 40
- 30
- 30
- 50
- 120
- 50
- 200
- 2040
- 1960
- 540
- 25
- 1760
- 30
- 4030
- 279
- 50
- 252
- 225
- 30
- 372
- 350
- 3360
- 92
- 195
- 360
- 574
- 280
- 182
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