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 ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.A cycle bought for ₹500 is sold for ₹425. What is the loss per cent?
- 3.A cycle bought for ₹2100 is sold for ₹1575. What is the loss per cent?
- 4.What is the amount (principal + simple interest) on ₹8600 at 8% per year for 5 years (in ₹)?
- 5.A fan bought for ₹1300 is sold for ₹1430. What is the profit per cent?
- 6.The price of a box of mangoes changed from ₹500 to ₹900. What is the percentage increase?
- 7.A sewing machine costs ₹3800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 8.A cycle costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 9.A table bought for ₹1200 is sold for ₹1380. What is the profit per cent?
- 10.A shopkeeper buys a table for ₹2300 and sells it for ₹2200. What is the loss (in ₹)?
- 11.A mobile phone bought for ₹1700 is sold for ₹1496. What is the loss per cent?
- 12.The price of a bus pass changed from ₹500 to ₹495. What is the percentage decrease?
- 13.A watch bought for ₹600 is sold for ₹300. What is the loss per cent?
- 14.What is 90% of 520?
- 15.A fan costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 16.What is 55% of 60?
- 17.A cooler bought for ₹1200 is sold for ₹1080. What is the loss per cent?
- 18.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 3 years (in ₹)?
- 19.The price of a bus pass changed from ₹100 to ₹150. What is the percentage increase?
- 20.What is the simple interest on ₹6300 at 6% per year for 5 years (in ₹)?
- 21.What is 15% of 220?
- 22.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
- 23.The price of a water bottle changed from ₹400 to ₹404. What is the percentage increase?
- 24.What is 65% of 720?
- 25.A shopkeeper buys a table for ₹1900 and sells it for ₹2200. What is the profit (in ₹)?
- 26.What is the simple interest on ₹5400 at 2% per year for 1 year (in ₹)?
- 27.What is the simple interest on ₹9500 at 8% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 4 years (in ₹)?
- 29.A fan bought for ₹800 is sold for ₹960. What is the profit per cent?
- 30.What is 90% of 220?
- 31.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹360. What is the profit (in ₹)?
- 32.The price of a bus pass changed from ₹500 to ₹475. What is the percentage decrease?
- 33.What is the simple interest on ₹8100 at 4% per year for 4 years (in ₹)?
- 34.What is the simple interest on ₹5300 at 3% per year for 1 year (in ₹)?
- 35.A watch bought for ₹800 is sold for ₹560. What is the loss per cent?
- 36.A shopkeeper buys a watch for ₹2450 and sells it for ₹2290. What is the loss (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 1 year (in ₹)?
- 38.A cooler costs ₹2500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 39.A cricket kit costs ₹400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 40.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
Answer key
- 1760
- 15
- 25
- 12040
- 10
- 80
- 4370
- 4600
- 15
- 100
- 12
- 1
- 50
- 468
- 4420
- 33
- 10
- 1380
- 50
- 1890
- 33
- 30
- 1
- 468
- 300
- 108
- 3040
- 7020
- 20
- 198
- 110
- 5
- 1296
- 159
- 30
- 160
- 4305
- 2375
- 460
- 40
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