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 95% of 700?
- 2.A mobile phone costs ₹2700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 3.What is 70% of 320?
- 4.A cooler costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹5700 at 5% per year for 4 years (in ₹)?
- 6.The price of a box of mangoes changed from ₹20 to ₹2. What is the percentage decrease?
- 7.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2840. What is the profit (in ₹)?
- 8.A table bought for ₹3400 is sold for ₹2720. What is the loss per cent?
- 9.What is the simple interest on ₹4800 at 5% per year for 1 year (in ₹)?
- 10.A watch costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.A cooler bought for ₹2500 is sold for ₹2250. What is the loss per cent?
- 12.What is the simple interest on ₹2100 at 6% per year for 2 years (in ₹)?
- 13.A shopkeeper buys a table for ₹2200 and sells it for ₹2500. What is the profit (in ₹)?
- 14.A mobile phone bought for ₹3100 is sold for ₹2325. What is the loss per cent?
- 15.A shopkeeper buys a watch for ₹1800 and sells it for ₹1750. What is the loss (in ₹)?
- 16.A mobile phone costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹5000 at 2% per year for 3 years (in ₹)?
- 18.What is 55% of 200?
- 19.A fan bought for ₹2900 is sold for ₹3190. What is the profit per cent?
- 20.The price of a water bottle changed from ₹40 to ₹48. What is the percentage increase?
- 21.The price of a water bottle changed from ₹100 to ₹95. What is the percentage decrease?
- 22.What is the simple interest on ₹1500 at 10% per year for 4 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹5400 at 11% per year for 4 years (in ₹)?
- 24.A cooler bought for ₹3500 is sold for ₹2450. What is the loss per cent?
- 25.A mobile phone costs ₹1200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹8800 at 12% per year for 1 year (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 2 years (in ₹)?
- 28.What is 90% of 440?
- 29.A watch costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 30.What is the simple interest on ₹6700 at 9% per year for 5 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹5400 at 11% per year for 1 year (in ₹)?
- 32.What is 15% of 700?
- 33.The price of a bus pass changed from ₹20 to ₹12. What is the percentage decrease?
- 34.A shopkeeper buys a cycle for ₹550 and sells it for ₹720. What is the profit (in ₹)?
- 35.A watch costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 36.A cooler bought for ₹1800 is sold for ₹1440. What is the loss per cent?
- 37.A table costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 38.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1210. What is the loss (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹5900 at 10% per year for 1 year (in ₹)?
- 40.A table bought for ₹500 is sold for ₹425. What is the loss per cent?
Answer key
- 665
- 1620
- 224
- 2400
- 6840
- 90
- 240
- 20
- 240
- 2610
- 10
- 252
- 300
- 25
- 50
- 840
- 300
- 110
- 10
- 20
- 5
- 600
- 7776
- 30
- 1560
- 9856
- 6968
- 396
- 735
- 3015
- 5994
- 105
- 40
- 170
- 3432
- 20
- 2760
- 240
- 6490
- 15
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