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 fan bought for ₹3500 is sold for ₹2100. What is the loss per cent?
- 2.The price of a bus pass changed from ₹50 to ₹49. What is the percentage decrease?
- 3.What is 35% of 140?
- 4.What is 60% of 480?
- 5.A cycle bought for ₹3200 is sold for ₹4160. What is the profit per cent?
- 6.A mobile phone costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 7.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 1 year (in ₹)?
- 9.What is the simple interest on ₹1000 at 8% per year for 2 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 4 years (in ₹)?
- 11.The price of a cricket ball changed from ₹250 to ₹300. What is the percentage increase?
- 12.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1190. What is the loss (in ₹)?
- 13.What is the simple interest on ₹500 at 3% per year for 3 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 2 years (in ₹)?
- 15.A cycle bought for ₹2400 is sold for ₹3000. What is the profit per cent?
- 16.What is the simple interest on ₹9200 at 8% per year for 1 year (in ₹)?
- 17.What is the simple interest on ₹4100 at 11% per year for 4 years (in ₹)?
- 18.A mobile phone bought for ₹2700 is sold for ₹3024. What is the profit per cent?
- 19.What is 90% of 680?
- 20.The price of a pair of shoes changed from ₹40 to ₹44. What is the percentage increase?
- 21.A shopkeeper buys a table for ₹1400 and sells it for ₹1480. What is the profit (in ₹)?
- 22.A fan costs ₹1300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 23.A watch bought for ₹700 is sold for ₹805. What is the profit per cent?
- 24.A cooler bought for ₹500 is sold for ₹525. What is the profit per cent?
- 25.The price of a school bag changed from ₹500 to ₹525. What is the percentage increase?
- 26.A cricket kit costs ₹1700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹2400 at 3% per year for 2 years (in ₹)?
- 28.What is the simple interest on ₹1400 at 8% per year for 1 year (in ₹)?
- 29.What is 5% of 640?
- 30.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2400. What is the profit (in ₹)?
- 31.A shopkeeper buys a cycle for ₹300 and sells it for ₹170. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹700 at 12% per year for 1 year (in ₹)?
- 33.A shopkeeper buys a cycle for ₹2200 and sells it for ₹1950. What is the loss (in ₹)?
- 34.What is 85% of 440?
- 35.What is the amount (principal + simple interest) on ₹8800 at 8% per year for 5 years (in ₹)?
- 36.What is 10% of 180?
- 37.What is the amount (principal + simple interest) on ₹5600 at 3% per year for 4 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹2600 at 7% per year for 2 years (in ₹)?
- 39.The price of a bus pass changed from ₹250 to ₹450. What is the percentage increase?
- 40.What is 30% of 120?
Answer key
- 40
- 2
- 49
- 288
- 30
- 360
- 90
- 2835
- 160
- 7308
- 20
- 160
- 45
- 3074
- 25
- 736
- 1804
- 12
- 612
- 10
- 80
- 780
- 15
- 5
- 5
- 2210
- 2544
- 112
- 32
- 200
- 130
- 784
- 250
- 374
- 12320
- 18
- 6272
- 2964
- 80
- 36
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