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 ₹500 to ₹700. What is the percentage increase?
- 2.What is the simple interest on ₹7000 at 11% per year for 3 years (in ₹)?
- 3.The price of a box of mangoes changed from ₹500 to ₹50. What is the percentage decrease?
- 4.What is the amount (principal + simple interest) on ₹8900 at 7% per year for 4 years (in ₹)?
- 5.What is the simple interest on ₹8900 at 2% per year for 1 year (in ₹)?
- 6.A mobile phone costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 7.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2280. What is the loss (in ₹)?
- 8.What is 90% of 720?
- 9.What is the simple interest on ₹10000 at 3% per year for 4 years (in ₹)?
- 10.A cycle costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹700 at 8% per year for 5 years (in ₹)?
- 12.A cycle costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 13.A mobile phone costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹7700 at 7% per year for 2 years (in ₹)?
- 15.What is the simple interest on ₹8300 at 11% per year for 1 year (in ₹)?
- 16.What is 55% of 220?
- 17.A shopkeeper buys a cycle for ₹600 and sells it for ₹490. What is the loss (in ₹)?
- 18.What is 85% of 300?
- 19.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1640. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹800 at 3% per year for 3 years (in ₹)?
- 21.The price of a school bag changed from ₹400 to ₹320. What is the percentage decrease?
- 22.What is 25% of 580?
- 23.What is the amount (principal + simple interest) on ₹6900 at 4% per year for 1 year (in ₹)?
- 24.The price of a cricket ball changed from ₹200 to ₹20. What is the percentage decrease?
- 25.A cooler costs ₹1500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 26.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1650. What is the profit (in ₹)?
- 27.A cricket kit bought for ₹500 is sold for ₹550. What is the profit per cent?
- 28.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹3090. What is the profit (in ₹)?
- 29.A cycle bought for ₹1000 is sold for ₹750. What is the loss per cent?
- 30.What is 30% of 960?
- 31.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 3 years (in ₹)?
- 32.What is the simple interest on ₹500 at 4% per year for 3 years (in ₹)?
- 33.What is 20% of 780?
- 34.A cricket kit costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 35.A fan bought for ₹3700 is sold for ₹1850. What is the loss per cent?
- 36.A mobile phone costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 37.What is 90% of 1000?
- 38.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 39.What is 45% of 400?
- 40.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 2 years (in ₹)?
Answer key
- 40
- 2310
- 90
- 11392
- 178
- 1650
- 220
- 648
- 1200
- 2475
- 280
- 1440
- 1750
- 1078
- 913
- 121
- 110
- 255
- 190
- 872
- 20
- 145
- 7176
- 90
- 1425
- 50
- 10
- 140
- 25
- 288
- 11176
- 60
- 156
- 360
- 50
- 1170
- 900
- 20
- 180
- 1824
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