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 ₹700 is sold for ₹560. What is the loss per cent?
- 2.What is the amount (principal + simple interest) on ₹9800 at 6% per year for 4 years (in ₹)?
- 3.The price of a school bag changed from ₹40 to ₹70. What is the percentage increase?
- 4.What is the simple interest on ₹8100 at 2% per year for 2 years (in ₹)?
- 5.What is 45% of 320?
- 6.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2500. What is the loss (in ₹)?
- 7.What is 85% of 260?
- 8.A shopkeeper buys a cycle for ₹900 and sells it for ₹800. What is the loss (in ₹)?
- 9.A fan costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 10.What is the simple interest on ₹1000 at 7% per year for 1 year (in ₹)?
- 11.What is 75% of 880?
- 12.What is 65% of 260?
- 13.A sewing machine costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 14.A mobile phone costs ₹3800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 15.A table costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 16.A cricket kit bought for ₹3600 is sold for ₹4500. What is the profit per cent?
- 17.What is the simple interest on ₹1400 at 6% per year for 5 years (in ₹)?
- 18.The price of a school bag changed from ₹40 to ₹24. What is the percentage decrease?
- 19.A cricket kit bought for ₹2700 is sold for ₹2970. What is the profit per cent?
- 20.What is the amount (principal + simple interest) on ₹9300 at 7% per year for 1 year (in ₹)?
- 21.A shopkeeper buys a table for ₹1700 and sells it for ₹1490. What is the loss (in ₹)?
- 22.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
- 23.The price of a pair of shoes changed from ₹500 to ₹200. What is the percentage decrease?
- 24.The price of a bus pass changed from ₹500 to ₹495. What is the percentage decrease?
- 25.A watch costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 26.The price of a bus pass changed from ₹400 to ₹100. What is the percentage decrease?
- 27.What is the amount (principal + simple interest) on ₹2800 at 10% per year for 4 years (in ₹)?
- 28.What is the simple interest on ₹7700 at 11% per year for 2 years (in ₹)?
- 29.What is the simple interest on ₹8200 at 7% per year for 3 years (in ₹)?
- 30.A table bought for ₹2700 is sold for ₹3510. What is the profit per cent?
- 31.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 5 years (in ₹)?
- 32.The price of a cricket ball changed from ₹250 to ₹325. What is the percentage increase?
- 33.What is 25% of 540?
- 34.What is the amount (principal + simple interest) on ₹7900 at 9% per year for 2 years (in ₹)?
- 35.A table costs ₹3200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹4300 at 6% per year for 4 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹7600 at 12% per year for 5 years (in ₹)?
- 38.What is 80% of 520?
- 39.A cycle bought for ₹900 is sold for ₹810. What is the loss per cent?
- 40.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹740. What is the loss (in ₹)?
Answer key
- 20
- 12152
- 75
- 324
- 144
- 50
- 221
- 100
- 1320
- 70
- 660
- 169
- 1000
- 4940
- 3630
- 25
- 420
- 40
- 10
- 9951
- 210
- 80
- 60
- 1
- 3255
- 75
- 3920
- 1694
- 1722
- 30
- 13095
- 30
- 135
- 9322
- 2400
- 1032
- 12160
- 416
- 10
- 10
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