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 75% of 580?
- 2.A shopkeeper buys a watch for ₹200 and sells it for ₹160. What is the loss (in ₹)?
- 3.A fan bought for ₹2100 is sold for ₹1575. What is the loss per cent?
- 4.The price of a bus pass changed from ₹50 to ₹95. What is the percentage increase?
- 5.A cycle costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹890. What is the profit (in ₹)?
- 7.What is the simple interest on ₹10000 at 12% per year for 1 year (in ₹)?
- 8.The price of a bus pass changed from ₹80 to ₹56. What is the percentage decrease?
- 9.A shopkeeper buys a cooler for ₹1000 and sells it for ₹860. What is the loss (in ₹)?
- 10.The price of a school bag changed from ₹200 to ₹220. What is the percentage increase?
- 11.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1520. What is the profit (in ₹)?
- 12.A fan bought for ₹2900 is sold for ₹3480. What is the profit per cent?
- 13.A sewing machine bought for ₹2500 is sold for ₹3750. What is the profit per cent?
- 14.What is the simple interest on ₹1600 at 10% per year for 2 years (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1620. What is the profit (in ₹)?
- 16.A shopkeeper buys a cycle for ₹500 and sells it for ₹700. What is the profit (in ₹)?
- 17.A mobile phone costs ₹3400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹500 at 12% per year for 3 years (in ₹)?
- 19.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2350. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 2 years (in ₹)?
- 21.What is 40% of 920?
- 22.A shopkeeper buys a watch for ₹400 and sells it for ₹320. What is the loss (in ₹)?
- 23.What is the simple interest on ₹7800 at 8% per year for 5 years (in ₹)?
- 24.The price of a box of mangoes changed from ₹400 to ₹200. What is the percentage decrease?
- 25.What is 20% of 40?
- 26.What is the amount (principal + simple interest) on ₹4600 at 4% per year for 1 year (in ₹)?
- 27.What is 70% of 100?
- 28.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹390. What is the loss (in ₹)?
- 29.What is 25% of 440?
- 30.A watch bought for ₹2200 is sold for ₹1100. What is the loss per cent?
- 31.What is 30% of 160?
- 32.A mobile phone costs ₹2300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹700 at 9% per year for 1 year (in ₹)?
- 34.A shopkeeper buys a fan for ₹950 and sells it for ₹650. What is the loss (in ₹)?
- 35.A fan costs ₹2300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 1 year (in ₹)?
- 37.A watch costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹2000 at 10% per year for 4 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹6800 at 11% per year for 4 years (in ₹)?
- 40.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1360. What is the profit (in ₹)?
Answer key
- 435
- 40
- 25
- 90
- 600
- 90
- 1200
- 30
- 140
- 10
- 20
- 20
- 50
- 320
- 70
- 200
- 3808
- 180
- 250
- 5408
- 368
- 80
- 3120
- 50
- 8
- 4784
- 70
- 210
- 110
- 50
- 48
- 2990
- 63
- 300
- 2070
- 1166
- 1080
- 2800
- 9792
- 10
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