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 5% of 220?
- 2.A shopkeeper buys a cycle for ₹400 and sells it for ₹260. What is the loss (in ₹)?
- 3.A cricket kit costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 4.A sewing machine bought for ₹1200 is sold for ₹1320. What is the profit per cent?
- 5.A shopkeeper buys a watch for ₹500 and sells it for ₹470. What is the loss (in ₹)?
- 6.What is the simple interest on ₹5300 at 12% per year for 4 years (in ₹)?
- 7.What is 35% of 300?
- 8.A cycle bought for ₹300 is sold for ₹375. What is the profit per cent?
- 9.What is 20% of 680?
- 10.A mobile phone costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 11.A table bought for ₹200 is sold for ₹224. What is the profit per cent?
- 12.A table bought for ₹2000 is sold for ₹1600. What is the loss per cent?
- 13.What is the simple interest on ₹5300 at 11% per year for 2 years (in ₹)?
- 14.A fan costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 15.A sewing machine costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹1400 at 8% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2350. What is the loss (in ₹)?
- 18.What is 75% of 700?
- 19.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹1970. What is the loss (in ₹)?
- 20.The price of a school bag changed from ₹40 to ₹8. What is the percentage decrease?
- 21.A watch bought for ₹700 is sold for ₹630. What is the loss per cent?
- 22.What is 35% of 800?
- 23.A table bought for ₹3100 is sold for ₹2728. What is the loss per cent?
- 24.The price of a bus pass changed from ₹200 to ₹360. What is the percentage increase?
- 25.A cycle bought for ₹1900 is sold for ₹1425. What is the loss per cent?
- 26.What is the amount (principal + simple interest) on ₹1900 at 7% per year for 1 year (in ₹)?
- 27.A sewing machine bought for ₹800 is sold for ₹600. What is the loss per cent?
- 28.What is 25% of 1000?
- 29.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 3 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 3 years (in ₹)?
- 31.What is 5% of 800?
- 32.The price of a bus pass changed from ₹20 to ₹4. What is the percentage decrease?
- 33.What is the amount (principal + simple interest) on ₹8500 at 8% per year for 3 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹6100 at 8% per year for 5 years (in ₹)?
- 35.A cooler bought for ₹3800 is sold for ₹2280. What is the loss per cent?
- 36.What is 10% of 240?
- 37.A cricket kit costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 38.A cooler costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 1 year (in ₹)?
- 40.A cricket kit bought for ₹2800 is sold for ₹3920. What is the profit per cent?
Answer key
- 11
- 140
- 2376
- 10
- 30
- 2544
- 105
- 25
- 136
- 690
- 12
- 20
- 1166
- 3220
- 1200
- 1624
- 100
- 525
- 130
- 80
- 10
- 280
- 12
- 80
- 25
- 2033
- 25
- 250
- 10976
- 6655
- 40
- 80
- 10540
- 8540
- 40
- 24
- 3630
- 1680
- 2080
- 40
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