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 box of mangoes changed from ₹20 to ₹16. What is the percentage decrease?
- 2.The price of a bus pass changed from ₹250 to ₹200. What is the percentage decrease?
- 3.A mobile phone costs ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 4.What is 90% of 620?
- 5.What is 65% of 640?
- 6.What is the simple interest on ₹6600 at 12% per year for 1 year (in ₹)?
- 7.What is the simple interest on ₹2300 at 2% per year for 4 years (in ₹)?
- 8.A cooler bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 9.A shopkeeper buys a fan for ₹850 and sells it for ₹1060. What is the profit (in ₹)?
- 10.The price of a school bag changed from ₹200 to ₹260. What is the percentage increase?
- 11.What is the simple interest on ₹7700 at 10% per year for 2 years (in ₹)?
- 12.A shopkeeper buys a cycle for ₹2200 and sells it for ₹2300. What is the profit (in ₹)?
- 13.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
- 14.A cooler costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 15.A sewing machine costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 16.What is the simple interest on ₹2200 at 3% per year for 4 years (in ₹)?
- 17.What is 95% of 660?
- 18.What is the amount (principal + simple interest) on ₹4900 at 7% per year for 2 years (in ₹)?
- 19.A cycle costs ₹200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 20.What is 65% of 220?
- 21.What is 80% of 260?
- 22.What is 95% of 540?
- 23.What is the amount (principal + simple interest) on ₹7300 at 6% per year for 1 year (in ₹)?
- 24.What is 90% of 120?
- 25.What is the amount (principal + simple interest) on ₹500 at 10% per year for 3 years (in ₹)?
- 26.A shopkeeper buys a cycle for ₹700 and sells it for ₹540. What is the loss (in ₹)?
- 27.What is the simple interest on ₹2300 at 3% per year for 5 years (in ₹)?
- 28.What is the simple interest on ₹9400 at 3% per year for 1 year (in ₹)?
- 29.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹670. What is the loss (in ₹)?
- 30.A watch costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 31.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 32.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2780. What is the profit (in ₹)?
- 33.What is the simple interest on ₹7200 at 5% per year for 3 years (in ₹)?
- 34.A shopkeeper buys a watch for ₹900 and sells it for ₹1120. What is the profit (in ₹)?
- 35.A mobile phone costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹2000 at 11% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a table for ₹950 and sells it for ₹1230. What is the profit (in ₹)?
- 38.A watch bought for ₹2200 is sold for ₹2530. What is the profit per cent?
- 39.What is 65% of 260?
- 40.A cooler costs ₹3700. It is sold at a 5% profit. What is the selling price (in ₹)?
Answer key
- 20
- 20
- 250
- 558
- 416
- 792
- 184
- 25
- 210
- 30
- 1540
- 100
- 30
- 875
- 3000
- 264
- 627
- 5586
- 260
- 143
- 208
- 513
- 7738
- 108
- 650
- 160
- 345
- 282
- 80
- 880
- 20
- 280
- 1080
- 220
- 704
- 880
- 280
- 15
- 169
- 3885
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