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 ₹25 to ₹10. What is the percentage decrease?
- 2.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 2 years (in ₹)?
- 3.What is 55% of 160?
- 4.What is the simple interest on ₹6500 at 5% per year for 2 years (in ₹)?
- 5.A shopkeeper buys a table for ₹200 and sells it for ₹320. What is the profit (in ₹)?
- 6.A cycle costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.A sewing machine bought for ₹1100 is sold for ₹935. What is the loss per cent?
- 8.What is the simple interest on ₹7800 at 11% per year for 4 years (in ₹)?
- 9.What is 15% of 80?
- 10.What is 40% of 560?
- 11.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2280. What is the loss (in ₹)?
- 12.What is 40% of 680?
- 13.A shopkeeper buys a table for ₹350 and sells it for ₹120. What is the loss (in ₹)?
- 14.A table bought for ₹2100 is sold for ₹2352. What is the profit per cent?
- 15.A shopkeeper buys a watch for ₹1550 and sells it for ₹1640. What is the profit (in ₹)?
- 16.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
- 17.The price of a water bottle changed from ₹50 to ₹51. What is the percentage increase?
- 18.A shopkeeper buys a fan for ₹1600 and sells it for ₹1850. What is the profit (in ₹)?
- 19.What is the simple interest on ₹1700 at 4% per year for 1 year (in ₹)?
- 20.A shopkeeper buys a cycle for ₹950 and sells it for ₹660. What is the loss (in ₹)?
- 21.A mobile phone bought for ₹2300 is sold for ₹2530. What is the profit per cent?
- 22.The price of a box of mangoes changed from ₹200 to ₹180. What is the percentage decrease?
- 23.What is 90% of 360?
- 24.What is the amount (principal + simple interest) on ₹3100 at 7% per year for 3 years (in ₹)?
- 25.A table bought for ₹3300 is sold for ₹4125. What is the profit per cent?
- 26.A sewing machine bought for ₹800 is sold for ₹704. What is the loss per cent?
- 27.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
- 28.A cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 29.The price of a school bag changed from ₹200 to ₹300. What is the percentage increase?
- 30.A cycle bought for ₹2400 is sold for ₹2760. What is the profit per cent?
- 31.What is the amount (principal + simple interest) on ₹700 at 7% per year for 1 year (in ₹)?
- 32.A cricket kit bought for ₹3000 is sold for ₹3360. What is the profit per cent?
- 33.The price of a water bottle changed from ₹500 to ₹875. What is the percentage increase?
- 34.What is 80% of 40?
- 35.What is 60% of 180?
- 36.A cooler bought for ₹2400 is sold for ₹2112. What is the loss per cent?
- 37.The price of a pair of shoes changed from ₹400 to ₹80. What is the percentage decrease?
- 38.What is 85% of 460?
- 39.What is 25% of 840?
- 40.What is the simple interest on ₹2500 at 6% per year for 1 year (in ₹)?
Answer key
- 60
- 3224
- 88
- 650
- 120
- 4750
- 15
- 3432
- 12
- 224
- 270
- 272
- 230
- 12
- 90
- 90
- 2
- 250
- 68
- 290
- 10
- 10
- 324
- 3751
- 25
- 12
- 30
- 25
- 50
- 15
- 749
- 12
- 75
- 32
- 108
- 12
- 80
- 391
- 210
- 150
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