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 table bought for ₹800 is sold for ₹760. What is the loss per cent?
- 2.The price of a pair of shoes changed from ₹20 to ₹35. What is the percentage increase?
- 3.What is the simple interest on ₹9800 at 12% per year for 2 years (in ₹)?
- 4.A watch costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 5.A sewing machine costs ₹3200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2590. What is the loss (in ₹)?
- 7.What is the simple interest on ₹5000 at 8% per year for 4 years (in ₹)?
- 8.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
- 9.A cycle costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 10.What is 60% of 400?
- 11.A cycle costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 5 years (in ₹)?
- 13.What is the simple interest on ₹4100 at 8% per year for 1 year (in ₹)?
- 14.A shopkeeper buys a watch for ₹2750 and sells it for ₹2730. What is the loss (in ₹)?
- 15.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2350. What is the profit (in ₹)?
- 16.A cooler bought for ₹3500 is sold for ₹4375. What is the profit per cent?
- 17.What is 25% of 780?
- 18.A cricket kit bought for ₹3000 is sold for ₹4500. What is the profit per cent?
- 19.A shopkeeper buys a watch for ₹600 and sells it for ₹300. What is the loss (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹4100 at 8% per year for 1 year (in ₹)?
- 21.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
- 22.What is the amount (principal + simple interest) on ₹8700 at 9% per year for 2 years (in ₹)?
- 23.The price of a box of mangoes changed from ₹250 to ₹125. What is the percentage decrease?
- 24.A mobile phone costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 25.The price of a cricket ball changed from ₹40 to ₹36. What is the percentage decrease?
- 26.A sewing machine bought for ₹2600 is sold for ₹1820. What is the loss per cent?
- 27.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹440. What is the profit (in ₹)?
- 28.What is the simple interest on ₹9500 at 9% per year for 2 years (in ₹)?
- 29.A cooler costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 30.A cricket kit costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 31.A cooler costs ₹3600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 32.A sewing machine costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 33.What is 85% of 400?
- 34.The price of a pair of shoes changed from ₹20 to ₹15. What is the percentage decrease?
- 35.What is the simple interest on ₹6200 at 2% per year for 2 years (in ₹)?
- 36.What is 60% of 240?
- 37.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 5 years (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹140. What is the loss (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹4700 at 8% per year for 4 years (in ₹)?
- 40.What is 10% of 180?
Answer key
- 5
- 75
- 2352
- 2375
- 2400
- 210
- 1600
- 10
- 1792
- 240
- 1350
- 12690
- 328
- 20
- 200
- 25
- 195
- 50
- 300
- 4428
- 60
- 10266
- 50
- 420
- 10
- 30
- 40
- 1710
- 2160
- 360
- 3060
- 2400
- 340
- 25
- 248
- 144
- 9430
- 210
- 6204
- 18
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