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 watch costs ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 2.What is 25% of 160?
- 3.A cricket kit costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 4.A sewing machine costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 5.The price of a box of mangoes changed from ₹500 to ₹100. What is the percentage decrease?
- 6.A mobile phone costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 7.A watch costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 8.The price of a water bottle changed from ₹500 to ₹510. What is the percentage increase?
- 9.A cricket kit costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1420. What is the loss (in ₹)?
- 11.A cricket kit bought for ₹500 is sold for ₹700. What is the profit per cent?
- 12.A mobile phone bought for ₹1200 is sold for ₹900. What is the loss per cent?
- 13.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 1 year (in ₹)?
- 14.The price of a cricket ball changed from ₹50 to ₹45. What is the percentage decrease?
- 15.What is 55% of 560?
- 16.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2600. What is the profit (in ₹)?
- 17.What is the simple interest on ₹1200 at 2% per year for 2 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹3500 at 12% per year for 4 years (in ₹)?
- 19.The price of a school bag changed from ₹400 to ₹404. What is the percentage increase?
- 20.What is the simple interest on ₹9200 at 5% per year for 4 years (in ₹)?
- 21.A sewing machine costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹6500 at 6% per year for 2 years (in ₹)?
- 23.What is the simple interest on ₹3900 at 8% per year for 1 year (in ₹)?
- 24.The price of a school bag changed from ₹20 to ₹14. What is the percentage decrease?
- 25.A watch costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹3100 at 3% per year for 1 year (in ₹)?
- 27.A mobile phone costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹7100 at 11% per year for 3 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹5300 at 5% per year for 2 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹6600 at 8% per year for 4 years (in ₹)?
- 31.What is 35% of 580?
- 32.A sewing machine costs ₹3200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a cycle for ₹500 and sells it for ₹520. What is the profit (in ₹)?
- 34.What is the simple interest on ₹1700 at 2% per year for 3 years (in ₹)?
- 35.What is the simple interest on ₹9500 at 9% per year for 3 years (in ₹)?
- 36.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
- 37.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹840. What is the loss (in ₹)?
- 38.A watch costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 4 years (in ₹)?
- 40.What is the simple interest on ₹3900 at 5% per year for 1 year (in ₹)?
Answer key
- 2880
- 40
- 4400
- 1750
- 80
- 210
- 1275
- 2
- 1496
- 30
- 40
- 25
- 1890
- 10
- 308
- 300
- 48
- 5180
- 1
- 1840
- 910
- 780
- 312
- 30
- 300
- 3193
- 2320
- 9443
- 5830
- 8712
- 203
- 3360
- 20
- 102
- 2565
- 60
- 60
- 5320
- 7168
- 195
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