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 watch costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2220. What is the profit (in ₹)?
- 3.A cooler costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 4.What is 35% of 880?
- 5.What is the simple interest on ₹4600 at 12% per year for 3 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹3500 at 4% per year for 3 years (in ₹)?
- 7.What is 15% of 460?
- 8.A mobile phone bought for ₹3700 is sold for ₹3256. What is the loss per cent?
- 9.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 2 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1400 at 2% per year for 1 year (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹7300 at 12% per year for 3 years (in ₹)?
- 12.The price of a pair of shoes changed from ₹100 to ₹140. What is the percentage increase?
- 13.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 3 years (in ₹)?
- 14.A shopkeeper buys a fan for ₹1650 and sells it for ₹1570. What is the loss (in ₹)?
- 15.A fan bought for ₹500 is sold for ₹425. What is the loss per cent?
- 16.The price of a box of mangoes changed from ₹20 to ₹36. What is the percentage increase?
- 17.What is the amount (principal + simple interest) on ₹900 at 3% per year for 4 years (in ₹)?
- 18.The price of a water bottle changed from ₹500 to ₹100. What is the percentage decrease?
- 19.A cricket kit costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 20.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2830. What is the profit (in ₹)?
- 21.A cooler costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 22.A sewing machine bought for ₹1200 is sold for ₹1680. What is the profit per cent?
- 23.A watch costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 24.A watch bought for ₹800 is sold for ₹880. What is the profit per cent?
- 25.The price of a cricket ball changed from ₹50 to ₹20. What is the percentage decrease?
- 26.The price of a pair of shoes changed from ₹500 to ₹900. What is the percentage increase?
- 27.A cycle costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 28.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1890. What is the loss (in ₹)?
- 29.The price of a box of mangoes changed from ₹200 to ₹204. What is the percentage increase?
- 30.What is 35% of 760?
- 31.What is the simple interest on ₹2500 at 8% per year for 1 year (in ₹)?
- 32.A cricket kit bought for ₹3300 is sold for ₹4620. What is the profit per cent?
- 33.The price of a box of mangoes changed from ₹25 to ₹10. What is the percentage decrease?
- 34.A shopkeeper buys a fan for ₹1550 and sells it for ₹1400. What is the loss (in ₹)?
- 35.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2310. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹5700 at 4% per year for 3 years (in ₹)?
- 37.The price of a school bag changed from ₹100 to ₹95. What is the percentage decrease?
- 38.What is the amount (principal + simple interest) on ₹9800 at 9% per year for 5 years (in ₹)?
- 39.A cricket kit costs ₹1700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 40.A cycle bought for ₹900 is sold for ₹630. What is the loss per cent?
Answer key
- 1260
- 170
- 490
- 308
- 1656
- 3920
- 69
- 12
- 4032
- 1428
- 9928
- 40
- 1180
- 80
- 15
- 80
- 1008
- 80
- 990
- 280
- 2992
- 40
- 1200
- 10
- 60
- 80
- 1275
- 10
- 2
- 266
- 200
- 40
- 60
- 150
- 260
- 6384
- 5
- 14210
- 2550
- 30
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