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 ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹290. What is the loss (in ₹)?
- 3.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹600. What is the profit (in ₹)?
- 4.What is the simple interest on ₹2000 at 3% per year for 3 years (in ₹)?
- 5.What is the simple interest on ₹4600 at 8% per year for 1 year (in ₹)?
- 6.What is 10% of 800?
- 7.What is 5% of 780?
- 8.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 9.A cycle bought for ₹1700 is sold for ₹2125. What is the profit per cent?
- 10.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
- 11.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1120. What is the loss (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 1 year (in ₹)?
- 13.A watch bought for ₹500 is sold for ₹350. What is the loss per cent?
- 14.The price of a cricket ball changed from ₹500 to ₹900. What is the percentage increase?
- 15.A sewing machine costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 16.What is 80% of 640?
- 17.What is the simple interest on ₹900 at 6% per year for 2 years (in ₹)?
- 18.The price of a box of mangoes changed from ₹80 to ₹140. What is the percentage increase?
- 19.A shopkeeper buys a cycle for ₹750 and sells it for ₹570. What is the loss (in ₹)?
- 20.A cooler costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 21.A cooler bought for ₹1800 is sold for ₹1620. What is the loss per cent?
- 22.What is the amount (principal + simple interest) on ₹800 at 3% per year for 5 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹1800 at 2% per year for 1 year (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹6800 at 12% per year for 3 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹800 at 7% per year for 5 years (in ₹)?
- 26.What is 35% of 700?
- 27.The price of a cricket ball changed from ₹50 to ₹20. What is the percentage decrease?
- 28.A fan costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹360. What is the loss (in ₹)?
- 30.A table bought for ₹300 is sold for ₹450. What is the profit per cent?
- 31.What is the simple interest on ₹9000 at 4% per year for 5 years (in ₹)?
- 32.What is the simple interest on ₹9200 at 2% per year for 1 year (in ₹)?
- 33.A cricket kit costs ₹1600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 34.A mobile phone bought for ₹2400 is sold for ₹2640. What is the profit per cent?
- 35.A shopkeeper buys a cycle for ₹250 and sells it for ₹330. What is the profit (in ₹)?
- 36.What is the simple interest on ₹7500 at 12% per year for 1 year (in ₹)?
- 37.A cycle bought for ₹400 is sold for ₹420. What is the profit per cent?
- 38.A shopkeeper buys a cycle for ₹850 and sells it for ₹960. What is the profit (in ₹)?
- 39.A cooler bought for ₹800 is sold for ₹1120. What is the profit per cent?
- 40.What is 10% of 160?
Answer key
- 3150
- 160
- 100
- 180
- 368
- 80
- 39
- 20
- 25
- 80
- 80
- 1236
- 30
- 80
- 1800
- 512
- 108
- 75
- 180
- 160
- 10
- 920
- 1836
- 9248
- 1080
- 245
- 60
- 3770
- 40
- 50
- 1800
- 184
- 800
- 10
- 80
- 900
- 5
- 110
- 40
- 16
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