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 water bottle changed from ₹200 to ₹300. What is the percentage increase?
- 2.A table bought for ₹800 is sold for ₹896. What is the profit per cent?
- 3.What is the simple interest on ₹2200 at 4% per year for 2 years (in ₹)?
- 4.A shopkeeper buys a watch for ₹900 and sells it for ₹620. What is the loss (in ₹)?
- 5.What is 35% of 140?
- 6.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 1 year (in ₹)?
- 7.What is 75% of 880?
- 8.What is 45% of 160?
- 9.A mobile phone costs ₹200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 10.What is the simple interest on ₹6700 at 4% per year for 1 year (in ₹)?
- 11.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
- 12.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1400. What is the profit (in ₹)?
- 13.What is 45% of 400?
- 14.What is the amount (principal + simple interest) on ₹8000 at 3% per year for 1 year (in ₹)?
- 15.What is the simple interest on ₹3300 at 11% per year for 4 years (in ₹)?
- 16.A cycle bought for ₹400 is sold for ₹460. What is the profit per cent?
- 17.What is the amount (principal + simple interest) on ₹4300 at 6% per year for 3 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹6500 at 9% per year for 5 years (in ₹)?
- 19.A table bought for ₹1800 is sold for ₹1584. What is the loss per cent?
- 20.A shopkeeper buys a table for ₹2200 and sells it for ₹2490. What is the profit (in ₹)?
- 21.A fan costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 22.The price of a school bag changed from ₹50 to ₹5. What is the percentage decrease?
- 23.What is 20% of 380?
- 24.The price of a cricket ball changed from ₹20 to ₹8. What is the percentage decrease?
- 25.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2320. What is the loss (in ₹)?
- 26.What is the simple interest on ₹5800 at 12% per year for 1 year (in ₹)?
- 27.A cycle costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 28.What is 20% of 460?
- 29.What is 75% of 640?
- 30.What is the simple interest on ₹7900 at 8% per year for 2 years (in ₹)?
- 31.The price of a box of mangoes changed from ₹100 to ₹120. What is the percentage increase?
- 32.A fan costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 33.A fan bought for ₹3800 is sold for ₹4560. What is the profit per cent?
- 34.A cycle bought for ₹600 is sold for ₹420. What is the loss per cent?
- 35.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹240. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 1 year (in ₹)?
- 37.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1280. What is the loss (in ₹)?
- 38.What is 25% of 300?
- 39.A shopkeeper buys a cycle for ₹200 and sells it for ₹120. What is the loss (in ₹)?
- 40.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3120. What is the profit (in ₹)?
Answer key
- 50
- 12
- 176
- 280
- 49
- 3379
- 660
- 72
- 190
- 268
- 40
- 50
- 180
- 8240
- 1452
- 15
- 5074
- 9425
- 12
- 290
- 4485
- 90
- 76
- 60
- 230
- 696
- 3740
- 92
- 480
- 1264
- 20
- 2760
- 20
- 30
- 40
- 9894
- 70
- 75
- 80
- 120
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