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.The price of a pair of shoes changed from ₹50 to ₹49. What is the percentage decrease?
- 2.A table bought for ₹300 is sold for ₹285. What is the loss per cent?
- 3.What is the simple interest on ₹9300 at 2% per year for 1 year (in ₹)?
- 4.A cricket kit costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 5.What is 90% of 580?
- 6.A fan bought for ₹1600 is sold for ₹2240. What is the profit per cent?
- 7.A cricket kit bought for ₹300 is sold for ₹210. What is the loss per cent?
- 8.The price of a water bottle changed from ₹500 to ₹510. What is the percentage increase?
- 9.What is 20% of 440?
- 10.A cricket kit bought for ₹3600 is sold for ₹2520. What is the loss per cent?
- 11.What is 60% of 520?
- 12.A sewing machine bought for ₹500 is sold for ₹750. What is the profit per cent?
- 13.A shopkeeper buys a table for ₹650 and sells it for ₹440. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 2 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹2500 at 6% per year for 3 years (in ₹)?
- 16.A cycle costs ₹900. It is sold at a 40% loss. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹4300 at 2% per year for 3 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹1800 at 4% per year for 3 years (in ₹)?
- 19.A sewing machine costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 20.A shopkeeper buys a watch for ₹900 and sells it for ₹1120. What is the profit (in ₹)?
- 21.A watch bought for ₹1800 is sold for ₹1890. What is the profit per cent?
- 22.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹660. What is the loss (in ₹)?
- 23.A mobile phone costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1260. What is the profit (in ₹)?
- 25.The price of a bus pass changed from ₹500 to ₹750. What is the percentage increase?
- 26.A cooler costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 27.A cycle bought for ₹2100 is sold for ₹1848. What is the loss per cent?
- 28.A sewing machine bought for ₹1700 is sold for ₹2550. What is the profit per cent?
- 29.A cycle costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a cycle for ₹1850 and sells it for ₹2130. What is the profit (in ₹)?
- 31.A table bought for ₹3200 is sold for ₹3584. What is the profit per cent?
- 32.What is 35% of 800?
- 33.What is the amount (principal + simple interest) on ₹4000 at 10% per year for 5 years (in ₹)?
- 34.A shopkeeper buys a fan for ₹2250 and sells it for ₹2170. What is the loss (in ₹)?
- 35.A sewing machine costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a mobile phone for ₹1200 and sells it for ₹1170. What is the loss (in ₹)?
- 37.A mobile phone bought for ₹500 is sold for ₹400. What is the loss per cent?
- 38.What is 5% of 600?
- 39.A table bought for ₹1100 is sold for ₹1210. What is the profit per cent?
- 40.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2130. What is the loss (in ₹)?
Answer key
- 2
- 5
- 186
- 480
- 522
- 40
- 30
- 2
- 88
- 30
- 312
- 50
- 210
- 9632
- 2950
- 540
- 258
- 2016
- 4030
- 220
- 5
- 190
- 2816
- 260
- 50
- 1050
- 12
- 50
- 1040
- 280
- 12
- 280
- 6000
- 80
- 4480
- 30
- 20
- 30
- 10
- 170
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