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 cooler costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹5700 at 12% per year for 5 years (in ₹)?
- 3.A shopkeeper buys a fan for ₹250 and sells it for ₹480. What is the profit (in ₹)?
- 4.A table costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8900 at 10% per year for 1 year (in ₹)?
- 6.A mobile phone costs ₹2300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 7.A shopkeeper buys a fan for ₹2400 and sells it for ₹2520. What is the profit (in ₹)?
- 8.A shopkeeper buys a watch for ₹600 and sells it for ₹620. What is the profit (in ₹)?
- 9.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1750. What is the profit (in ₹)?
- 10.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
- 11.What is 5% of 160?
- 12.What is 80% of 720?
- 13.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹310. What is the loss (in ₹)?
- 14.A shopkeeper buys a fan for ₹3000 and sells it for ₹3020. What is the profit (in ₹)?
- 15.The price of a box of mangoes changed from ₹80 to ₹76. What is the percentage decrease?
- 16.What is the amount (principal + simple interest) on ₹8900 at 12% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a fan for ₹1200 and sells it for ₹1470. What is the profit (in ₹)?
- 18.What is the simple interest on ₹1100 at 7% per year for 1 year (in ₹)?
- 19.A cricket kit costs ₹1500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹9900 at 4% per year for 1 year (in ₹)?
- 21.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
- 22.A watch costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 23.A mobile phone bought for ₹1500 is sold for ₹1350. What is the loss per cent?
- 24.A shopkeeper buys a fan for ₹1500 and sells it for ₹1320. What is the loss (in ₹)?
- 25.What is the simple interest on ₹4500 at 12% per year for 2 years (in ₹)?
- 26.What is 85% of 520?
- 27.A fan bought for ₹1300 is sold for ₹1040. What is the loss per cent?
- 28.A sewing machine costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 29.The price of a school bag changed from ₹250 to ₹175. What is the percentage decrease?
- 30.What is the simple interest on ₹1200 at 10% per year for 4 years (in ₹)?
- 31.What is 90% of 960?
- 32.What is the simple interest on ₹2600 at 2% per year for 4 years (in ₹)?
- 33.What is 15% of 380?
- 34.A cricket kit bought for ₹1000 is sold for ₹1200. What is the profit per cent?
- 35.What is 95% of 560?
- 36.A shopkeeper buys a fan for ₹450 and sells it for ₹630. What is the profit (in ₹)?
- 37.What is the simple interest on ₹9800 at 11% per year for 5 years (in ₹)?
- 38.What is the simple interest on ₹8400 at 10% per year for 3 years (in ₹)?
- 39.What is the simple interest on ₹9000 at 8% per year for 4 years (in ₹)?
- 40.What is 35% of 880?
Answer key
- 2992
- 9120
- 230
- 3875
- 9790
- 2024
- 120
- 20
- 300
- 60
- 8
- 576
- 140
- 20
- 5
- 11036
- 270
- 77
- 2100
- 396
- 75
- 480
- 10
- 180
- 1080
- 442
- 20
- 1050
- 30
- 480
- 864
- 208
- 57
- 20
- 532
- 180
- 5390
- 2520
- 2880
- 308
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