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 shopkeeper buys a cycle for ₹2750 and sells it for ₹2550. What is the loss (in ₹)?
- 2.What is 85% of 40?
- 3.A sewing machine costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 4.A fan bought for ₹4000 is sold for ₹2000. What is the loss per cent?
- 5.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2650. What is the loss (in ₹)?
- 6.The price of a water bottle changed from ₹40 to ₹24. What is the percentage decrease?
- 7.What is the amount (principal + simple interest) on ₹9700 at 12% per year for 5 years (in ₹)?
- 8.What is 5% of 240?
- 9.A watch costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 10.A watch bought for ₹2800 is sold for ₹2940. What is the profit per cent?
- 11.A watch bought for ₹1000 is sold for ₹1150. What is the profit per cent?
- 12.The price of a bus pass changed from ₹20 to ₹18. What is the percentage decrease?
- 13.A cooler bought for ₹2800 is sold for ₹1400. What is the loss per cent?
- 14.What is 55% of 560?
- 15.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 3 years (in ₹)?
- 16.A cooler costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1150. What is the loss (in ₹)?
- 18.A cooler bought for ₹3600 is sold for ₹4320. What is the profit per cent?
- 19.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 2 years (in ₹)?
- 20.The price of a school bag changed from ₹100 to ₹75. What is the percentage decrease?
- 21.What is 70% of 520?
- 22.The price of a bus pass changed from ₹100 to ₹70. What is the percentage decrease?
- 23.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
- 24.What is the simple interest on ₹9900 at 3% per year for 4 years (in ₹)?
- 25.A fan bought for ₹2700 is sold for ₹3780. What is the profit per cent?
- 26.A shopkeeper buys a watch for ₹400 and sells it for ₹410. What is the profit (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 2 years (in ₹)?
- 28.A table costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹5400 at 5% per year for 2 years (in ₹)?
- 30.The price of a box of mangoes changed from ₹100 to ₹110. What is the percentage increase?
- 31.A cooler bought for ₹3500 is sold for ₹2975. What is the loss per cent?
- 32.A cricket kit bought for ₹200 is sold for ₹176. What is the loss per cent?
- 33.The price of a box of mangoes changed from ₹40 to ₹76. What is the percentage increase?
- 34.What is the simple interest on ₹2000 at 12% per year for 5 years (in ₹)?
- 35.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
- 36.A cooler bought for ₹2100 is sold for ₹2415. What is the profit per cent?
- 37.The price of a pair of shoes changed from ₹500 to ₹550. What is the percentage increase?
- 38.The price of a school bag changed from ₹100 to ₹102. What is the percentage increase?
- 39.What is the simple interest on ₹6600 at 12% per year for 1 year (in ₹)?
- 40.The price of a school bag changed from ₹100 to ₹90. What is the percentage decrease?
Answer key
- 200
- 34
- 3640
- 50
- 50
- 40
- 15520
- 12
- 420
- 5
- 15
- 10
- 50
- 308
- 7015
- 3600
- 50
- 20
- 7056
- 25
- 364
- 30
- 250
- 1188
- 40
- 10
- 9960
- 1425
- 5940
- 10
- 15
- 12
- 90
- 1200
- 5
- 15
- 10
- 2
- 792
- 10
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