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 ₹300 is sold for ₹255. What is the loss per cent?
- 2.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
- 3.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 2 years (in ₹)?
- 4.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹940. What is the profit (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹1000 at 7% per year for 5 years (in ₹)?
- 6.What is 30% of 120?
- 7.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹810. What is the profit (in ₹)?
- 8.A shopkeeper buys a watch for ₹500 and sells it for ₹770. What is the profit (in ₹)?
- 9.What is the simple interest on ₹6000 at 3% per year for 3 years (in ₹)?
- 10.The price of a school bag changed from ₹40 to ₹20. What is the percentage decrease?
- 11.A watch bought for ₹2300 is sold for ₹2185. What is the loss per cent?
- 12.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹910. What is the loss (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 1 year (in ₹)?
- 14.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹220. What is the profit (in ₹)?
- 15.What is 20% of 480?
- 16.What is 80% of 580?
- 17.What is the simple interest on ₹4300 at 3% per year for 5 years (in ₹)?
- 18.What is the simple interest on ₹1100 at 7% per year for 2 years (in ₹)?
- 19.The price of a water bottle changed from ₹400 to ₹408. What is the percentage increase?
- 20.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 4 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹3300 at 11% per year for 3 years (in ₹)?
- 22.A fan bought for ₹1600 is sold for ₹1440. What is the loss per cent?
- 23.The price of a box of mangoes changed from ₹40 to ₹36. What is the percentage decrease?
- 24.What is 40% of 940?
- 25.What is the amount (principal + simple interest) on ₹3200 at 5% per year for 2 years (in ₹)?
- 26.What is 10% of 460?
- 27.What is the simple interest on ₹9100 at 6% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a cycle for ₹2450 and sells it for ₹2460. What is the profit (in ₹)?
- 29.A cricket kit bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 30.A table costs ₹3100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1800. What is the loss (in ₹)?
- 32.What is 40% of 360?
- 33.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 2 years (in ₹)?
- 34.A shopkeeper buys a table for ₹300 and sells it for ₹110. What is the loss (in ₹)?
- 35.A shopkeeper buys a fan for ₹2850 and sells it for ₹2580. What is the loss (in ₹)?
- 36.What is the simple interest on ₹6600 at 8% per year for 3 years (in ₹)?
- 37.A fan costs ₹1800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 38.The price of a school bag changed from ₹100 to ₹190. What is the percentage increase?
- 39.What is 60% of 920?
- 40.A cricket kit bought for ₹2500 is sold for ₹2875. What is the profit per cent?
Answer key
- 15
- 40
- 8784
- 240
- 1350
- 36
- 210
- 270
- 540
- 50
- 5
- 190
- 3811
- 20
- 96
- 464
- 645
- 154
- 2
- 3132
- 4389
- 10
- 10
- 376
- 3520
- 46
- 546
- 10
- 20
- 2325
- 200
- 144
- 7480
- 190
- 270
- 1584
- 1890
- 90
- 552
- 15
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