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.What is 80% of 600?
- 2.A watch costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 3.A shopkeeper buys a cycle for ₹2900 and sells it for ₹3090. What is the profit (in ₹)?
- 4.What is the simple interest on ₹8400 at 3% per year for 1 year (in ₹)?
- 5.What is 15% of 200?
- 6.What is 80% of 220?
- 7.A cycle bought for ₹400 is sold for ₹360. What is the loss per cent?
- 8.A fan bought for ₹2900 is sold for ₹1450. What is the loss per cent?
- 9.A table costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2640. What is the loss (in ₹)?
- 11.What is 85% of 320?
- 12.The price of a pair of shoes changed from ₹200 to ₹320. What is the percentage increase?
- 13.A fan costs ₹3300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 14.The price of a water bottle changed from ₹40 to ₹38. What is the percentage decrease?
- 15.What is the simple interest on ₹4700 at 10% per year for 1 year (in ₹)?
- 16.What is the simple interest on ₹1900 at 6% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹600. What is the profit (in ₹)?
- 18.The price of a school bag changed from ₹200 to ₹50. What is the percentage decrease?
- 19.A mobile phone bought for ₹2600 is sold for ₹2210. What is the loss per cent?
- 20.A shopkeeper buys a watch for ₹650 and sells it for ₹910. What is the profit (in ₹)?
- 21.A watch bought for ₹2700 is sold for ₹3240. What is the profit per cent?
- 22.What is 10% of 900?
- 23.What is the amount (principal + simple interest) on ₹7400 at 4% per year for 1 year (in ₹)?
- 24.What is the simple interest on ₹4900 at 6% per year for 3 years (in ₹)?
- 25.A sewing machine bought for ₹3700 is sold for ₹3145. What is the loss per cent?
- 26.What is 70% of 1000?
- 27.A cycle costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 28.A cycle costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹5300 at 5% per year for 1 year (in ₹)?
- 30.A shopkeeper buys a fan for ₹1150 and sells it for ₹1450. What is the profit (in ₹)?
- 31.The price of a cricket ball changed from ₹80 to ₹120. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 3 years (in ₹)?
- 33.A cricket kit bought for ₹500 is sold for ₹450. What is the loss per cent?
- 34.What is the simple interest on ₹6200 at 5% per year for 3 years (in ₹)?
- 35.A shopkeeper buys a cycle for ₹750 and sells it for ₹1030. What is the profit (in ₹)?
- 36.A fan bought for ₹4000 is sold for ₹2000. What is the loss per cent?
- 37.A table bought for ₹3500 is sold for ₹3850. What is the profit per cent?
- 38.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 4 years (in ₹)?
- 39.A cycle bought for ₹3300 is sold for ₹3135. What is the loss per cent?
- 40.A mobile phone costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
Answer key
- 480
- 1860
- 190
- 252
- 30
- 176
- 10
- 50
- 784
- 160
- 272
- 60
- 3465
- 5
- 470
- 228
- 100
- 75
- 15
- 260
- 20
- 90
- 7696
- 882
- 15
- 700
- 2400
- 900
- 265
- 300
- 50
- 1488
- 10
- 930
- 280
- 50
- 10
- 8120
- 5
- 3168
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