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.What is the amount (principal + simple interest) on ₹9700 at 4% per year for 2 years (in ₹)?
- 2.A shopkeeper buys a cycle for ₹500 and sells it for ₹470. What is the loss (in ₹)?
- 3.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2270. What is the profit (in ₹)?
- 4.The price of a water bottle changed from ₹80 to ₹56. What is the percentage decrease?
- 5.A shopkeeper buys a table for ₹850 and sells it for ₹820. What is the loss (in ₹)?
- 6.A cycle costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 7.What is the simple interest on ₹4100 at 10% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a watch for ₹350 and sells it for ₹70. What is the loss (in ₹)?
- 9.The price of a school bag changed from ₹500 to ₹875. What is the percentage increase?
- 10.The price of a box of mangoes changed from ₹250 to ₹475. What is the percentage increase?
- 11.What is the simple interest on ₹3600 at 3% per year for 1 year (in ₹)?
- 12.The price of a box of mangoes changed from ₹200 to ₹198. What is the percentage decrease?
- 13.The price of a school bag changed from ₹200 to ₹196. What is the percentage decrease?
- 14.What is 45% of 800?
- 15.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2590. What is the profit (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹820. What is the loss (in ₹)?
- 17.A sewing machine costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹8800 at 2% per year for 2 years (in ₹)?
- 19.What is the simple interest on ₹7600 at 4% per year for 4 years (in ₹)?
- 20.What is the simple interest on ₹2900 at 9% per year for 1 year (in ₹)?
- 21.A cycle bought for ₹3500 is sold for ₹3325. What is the loss per cent?
- 22.A shopkeeper buys a cycle for ₹750 and sells it for ₹870. What is the profit (in ₹)?
- 23.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2940. What is the profit (in ₹)?
- 24.A fan costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 25.A watch bought for ₹3400 is sold for ₹1700. What is the loss per cent?
- 26.The price of a water bottle changed from ₹400 to ₹160. What is the percentage decrease?
- 27.A mobile phone bought for ₹2400 is sold for ₹1200. What is the loss per cent?
- 28.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1720. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹600 at 12% per year for 4 years (in ₹)?
- 30.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹280. What is the profit (in ₹)?
- 31.A sewing machine bought for ₹3000 is sold for ₹2550. What is the loss per cent?
- 32.What is 35% of 560?
- 33.What is the amount (principal + simple interest) on ₹4900 at 5% per year for 2 years (in ₹)?
- 34.What is 20% of 360?
- 35.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
- 36.What is the amount (principal + simple interest) on ₹9800 at 7% per year for 3 years (in ₹)?
- 37.What is 70% of 200?
- 38.What is the simple interest on ₹3100 at 10% per year for 5 years (in ₹)?
- 39.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 40.A fan bought for ₹500 is sold for ₹375. What is the loss per cent?
Answer key
- 10476
- 30
- 120
- 30
- 30
- 2760
- 410
- 280
- 75
- 90
- 108
- 1
- 2
- 360
- 90
- 280
- 1120
- 352
- 1216
- 261
- 5
- 120
- 240
- 3520
- 50
- 60
- 50
- 20
- 888
- 80
- 15
- 196
- 5390
- 72
- 60
- 11858
- 140
- 1550
- 80
- 25
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