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 ₹3900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹700. What is the loss (in ₹)?
- 3.The price of a pair of shoes changed from ₹20 to ₹26. What is the percentage increase?
- 4.A table bought for ₹400 is sold for ₹420. What is the profit per cent?
- 5.A shopkeeper buys a fan for ₹1350 and sells it for ₹1280. What is the loss (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1330. What is the loss (in ₹)?
- 7.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
- 8.The price of a water bottle changed from ₹40 to ₹38. What is the percentage decrease?
- 9.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 3 years (in ₹)?
- 10.A table costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 11.What is 60% of 400?
- 12.What is 20% of 360?
- 13.What is the simple interest on ₹6000 at 5% per year for 4 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹1100 at 5% per year for 2 years (in ₹)?
- 15.The price of a water bottle changed from ₹200 to ₹210. What is the percentage increase?
- 16.What is 40% of 620?
- 17.A sewing machine costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 18.The price of a school bag changed from ₹250 to ₹100. What is the percentage decrease?
- 19.What is the amount (principal + simple interest) on ₹6700 at 4% per year for 4 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 1 year (in ₹)?
- 21.A cycle costs ₹3600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 22.A watch bought for ₹2000 is sold for ₹1760. What is the loss per cent?
- 23.A shopkeeper buys a watch for ₹250 and sells it for ₹240. What is the loss (in ₹)?
- 24.What is the simple interest on ₹9600 at 7% per year for 2 years (in ₹)?
- 25.What is the simple interest on ₹1800 at 8% per year for 2 years (in ₹)?
- 26.A table bought for ₹700 is sold for ₹490. What is the loss per cent?
- 27.What is 70% of 840?
- 28.A cricket kit costs ₹1400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 29.The price of a pair of shoes changed from ₹80 to ₹64. What is the percentage decrease?
- 30.A shopkeeper buys a watch for ₹3000 and sells it for ₹2900. What is the loss (in ₹)?
- 31.What is 70% of 180?
- 32.A watch costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 33.A table bought for ₹1400 is sold for ₹1610. What is the profit per cent?
- 34.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 1 year (in ₹)?
- 35.What is 90% of 840?
- 36.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2650. What is the loss (in ₹)?
- 37.A table bought for ₹3300 is sold for ₹2475. What is the loss per cent?
- 38.What is the amount (principal + simple interest) on ₹900 at 7% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1650. What is the loss (in ₹)?
- 40.A fan costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 1950
- 250
- 30
- 5
- 70
- 170
- 60
- 5
- 7056
- 1260
- 240
- 72
- 1200
- 1210
- 5
- 248
- 2970
- 60
- 7772
- 3914
- 3240
- 12
- 10
- 1344
- 288
- 30
- 588
- 1610
- 20
- 100
- 126
- 2600
- 15
- 4944
- 756
- 250
- 25
- 1152
- 300
- 672
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