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 bought for ₹1000 is sold for ₹850. What is the loss per cent?
- 2.What is 65% of 880?
- 3.A watch costs ₹2400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 4.What is the simple interest on ₹5800 at 2% per year for 3 years (in ₹)?
- 5.A fan bought for ₹3900 is sold for ₹3705. What is the loss per cent?
- 6.What is the amount (principal + simple interest) on ₹5600 at 2% per year for 1 year (in ₹)?
- 7.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹6700 at 7% per year for 5 years (in ₹)?
- 9.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
- 10.The price of a bus pass changed from ₹50 to ₹30. What is the percentage decrease?
- 11.The price of a bus pass changed from ₹40 to ₹70. What is the percentage increase?
- 12.A mobile phone costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 13.A cycle bought for ₹300 is sold for ₹330. What is the profit per cent?
- 14.A table costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 15.What is 70% of 460?
- 16.A cricket kit costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 17.A watch bought for ₹2500 is sold for ₹1875. What is the loss per cent?
- 18.What is 55% of 840?
- 19.A table bought for ₹1300 is sold for ₹1235. What is the loss per cent?
- 20.A cycle costs ₹3700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹1060. What is the profit (in ₹)?
- 22.What is the simple interest on ₹4700 at 5% per year for 5 years (in ₹)?
- 23.A table bought for ₹1800 is sold for ₹1350. What is the loss per cent?
- 24.A shopkeeper buys a sewing machine for ₹3000 and sells it for ₹3280. What is the profit (in ₹)?
- 25.What is the simple interest on ₹5300 at 12% per year for 4 years (in ₹)?
- 26.What is 25% of 180?
- 27.What is the amount (principal + simple interest) on ₹6900 at 12% per year for 1 year (in ₹)?
- 28.What is the simple interest on ₹1900 at 8% per year for 1 year (in ₹)?
- 29.A shopkeeper buys a fan for ₹1450 and sells it for ₹1600. What is the profit (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹4800 at 2% per year for 1 year (in ₹)?
- 31.A shopkeeper buys a fan for ₹600 and sells it for ₹390. What is the loss (in ₹)?
- 32.What is 90% of 200?
- 33.A cooler bought for ₹500 is sold for ₹300. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹8200 at 6% per year for 2 years (in ₹)?
- 35.A cooler costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 36.The price of a pair of shoes changed from ₹20 to ₹2. What is the percentage decrease?
- 37.A table bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 38.What is 35% of 960?
- 39.A cooler costs ₹1700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹7000 at 11% per year for 4 years (in ₹)?
Answer key
- 15
- 572
- 3360
- 348
- 5
- 5712
- 60
- 9045
- 10
- 40
- 75
- 240
- 10
- 2860
- 322
- 900
- 25
- 462
- 5
- 3515
- 260
- 1175
- 25
- 280
- 2544
- 45
- 7728
- 152
- 150
- 4896
- 210
- 180
- 40
- 9184
- 1050
- 90
- 50
- 336
- 850
- 3080
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