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 ₹250 to ₹50. What is the percentage decrease?
- 2.The price of a bus pass changed from ₹100 to ₹80. What is the percentage decrease?
- 3.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹640. What is the profit (in ₹)?
- 4.What is the simple interest on ₹1500 at 4% per year for 5 years (in ₹)?
- 5.A watch costs ₹3300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a watch for ₹900 and sells it for ₹970. What is the profit (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹2190. What is the profit (in ₹)?
- 8.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
- 9.What is 45% of 960?
- 10.What is 95% of 960?
- 11.What is the simple interest on ₹4900 at 7% per year for 1 year (in ₹)?
- 12.A shopkeeper buys a cycle for ₹300 and sells it for ₹380. What is the profit (in ₹)?
- 13.The price of a bus pass changed from ₹200 to ₹100. What is the percentage decrease?
- 14.A fan bought for ₹1900 is sold for ₹1330. What is the loss per cent?
- 15.A mobile phone bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 16.A shopkeeper buys a fan for ₹1500 and sells it for ₹1340. What is the loss (in ₹)?
- 17.What is the simple interest on ₹7200 at 11% per year for 2 years (in ₹)?
- 18.A cricket kit costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 19.A shopkeeper buys a fan for ₹550 and sells it for ₹390. What is the loss (in ₹)?
- 20.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
- 21.What is 80% of 860?
- 22.A shopkeeper buys a cooler for ₹700 and sells it for ₹880. What is the profit (in ₹)?
- 23.What is 75% of 420?
- 24.What is 35% of 980?
- 25.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1050. What is the profit (in ₹)?
- 26.What is the simple interest on ₹6400 at 12% per year for 3 years (in ₹)?
- 27.A cycle costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 28.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹190. What is the loss (in ₹)?
- 29.The price of a bus pass changed from ₹40 to ₹38. What is the percentage decrease?
- 30.What is the amount (principal + simple interest) on ₹7400 at 6% per year for 3 years (in ₹)?
- 31.What is 30% of 840?
- 32.A sewing machine bought for ₹2600 is sold for ₹2912. What is the profit per cent?
- 33.A watch bought for ₹3900 is sold for ₹4290. What is the profit per cent?
- 34.What is the simple interest on ₹4700 at 6% per year for 1 year (in ₹)?
- 35.A table costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 36.What is 20% of 500?
- 37.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 5 years (in ₹)?
- 38.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2400. What is the loss (in ₹)?
- 39.What is 15% of 200?
- 40.What is the simple interest on ₹8600 at 2% per year for 4 years (in ₹)?
Answer key
- 80
- 20
- 290
- 300
- 2805
- 70
- 240
- 40
- 432
- 912
- 343
- 80
- 50
- 30
- 20
- 160
- 1584
- 2310
- 160
- 2
- 688
- 180
- 315
- 343
- 50
- 2304
- 2250
- 210
- 5
- 8732
- 252
- 12
- 10
- 282
- 1170
- 100
- 11020
- 150
- 30
- 688
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