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.The price of a school bag changed from ₹80 to ₹40. What is the percentage decrease?
- 2.What is the amount (principal + simple interest) on ₹1700 at 9% per year for 2 years (in ₹)?
- 3.What is 10% of 260?
- 4.What is the simple interest on ₹2400 at 11% per year for 5 years (in ₹)?
- 5.A cooler costs ₹200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 6.A sewing machine costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1990. What is the profit (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹900 at 11% per year for 3 years (in ₹)?
- 9.A watch costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a table for ₹1950 and sells it for ₹2180. What is the profit (in ₹)?
- 11.What is 5% of 220?
- 12.What is the simple interest on ₹7100 at 3% per year for 1 year (in ₹)?
- 13.What is 75% of 200?
- 14.A shopkeeper buys a watch for ₹2350 and sells it for ₹2440. What is the profit (in ₹)?
- 15.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1660. What is the loss (in ₹)?
- 16.What is 90% of 580?
- 17.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 4 years (in ₹)?
- 18.The price of a pair of shoes changed from ₹20 to ₹30. What is the percentage increase?
- 19.The price of a bus pass changed from ₹200 to ₹210. What is the percentage increase?
- 20.A mobile phone bought for ₹1800 is sold for ₹1980. What is the profit per cent?
- 21.What is 75% of 380?
- 22.The price of a pair of shoes changed from ₹250 to ₹100. What is the percentage decrease?
- 23.What is 90% of 920?
- 24.What is 10% of 680?
- 25.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 26.What is 35% of 340?
- 27.What is the simple interest on ₹2000 at 12% per year for 1 year (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 5 years (in ₹)?
- 29.What is 40% of 340?
- 30.The price of a school bag changed from ₹80 to ₹100. What is the percentage increase?
- 31.A shopkeeper buys a fan for ₹450 and sells it for ₹330. What is the loss (in ₹)?
- 32.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a table for ₹1250 and sells it for ₹1380. What is the profit (in ₹)?
- 34.What is the simple interest on ₹7700 at 3% per year for 1 year (in ₹)?
- 35.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹1850. What is the loss (in ₹)?
- 36.What is 10% of 500?
- 37.A fan bought for ₹1700 is sold for ₹1190. What is the loss per cent?
- 38.A shopkeeper buys a watch for ₹2450 and sells it for ₹2390. What is the loss (in ₹)?
- 39.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1980. What is the profit (in ₹)?
- 40.A shopkeeper buys a watch for ₹950 and sells it for ₹850. What is the loss (in ₹)?
Answer key
- 50
- 2006
- 26
- 1320
- 240
- 2475
- 140
- 1197
- 1080
- 230
- 11
- 213
- 150
- 90
- 240
- 522
- 2552
- 50
- 5
- 10
- 285
- 60
- 828
- 68
- 80
- 119
- 240
- 2080
- 136
- 25
- 120
- 390
- 130
- 231
- 200
- 50
- 30
- 60
- 130
- 100
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