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 shopkeeper buys a fan for ₹2950 and sells it for ₹2750. What is the loss (in ₹)?
- 2.What is 20% of 140?
- 3.A mobile phone costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 4.The price of a water bottle changed from ₹100 to ₹160. What is the percentage increase?
- 5.What is the simple interest on ₹2600 at 7% per year for 5 years (in ₹)?
- 6.What is the simple interest on ₹8500 at 3% per year for 1 year (in ₹)?
- 7.The price of a school bag changed from ₹400 to ₹380. What is the percentage decrease?
- 8.A cooler bought for ₹1100 is sold for ₹550. What is the loss per cent?
- 9.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹670. What is the loss (in ₹)?
- 10.A mobile phone bought for ₹3300 is sold for ₹4620. What is the profit per cent?
- 11.What is the simple interest on ₹4300 at 7% per year for 4 years (in ₹)?
- 12.The price of a pair of shoes changed from ₹250 to ₹200. What is the percentage decrease?
- 13.The price of a cricket ball changed from ₹200 to ₹280. What is the percentage increase?
- 14.The price of a school bag changed from ₹80 to ₹152. What is the percentage increase?
- 15.A fan costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 16.The price of a pair of shoes changed from ₹250 to ₹225. What is the percentage decrease?
- 17.What is the amount (principal + simple interest) on ₹3600 at 12% per year for 3 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹5400 at 10% per year for 3 years (in ₹)?
- 19.What is the simple interest on ₹10000 at 6% per year for 3 years (in ₹)?
- 20.What is 90% of 380?
- 21.What is the simple interest on ₹7200 at 3% per year for 5 years (in ₹)?
- 22.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹540. What is the loss (in ₹)?
- 23.What is the simple interest on ₹4500 at 8% per year for 3 years (in ₹)?
- 24.The price of a pair of shoes changed from ₹40 to ₹42. What is the percentage increase?
- 25.What is 45% of 300?
- 26.A shopkeeper buys a fan for ₹1700 and sells it for ₹1750. What is the profit (in ₹)?
- 27.What is 30% of 360?
- 28.What is 90% of 580?
- 29.A shopkeeper buys a cooler for ₹3000 and sells it for ₹3190. What is the profit (in ₹)?
- 30.A mobile phone bought for ₹300 is sold for ₹315. What is the profit per cent?
- 31.A shopkeeper buys a sewing machine for ₹1300 and sells it for ₹1260. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹8700 at 8% per year for 1 year (in ₹)?
- 33.A watch bought for ₹3300 is sold for ₹2310. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 4 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹4400 at 11% per year for 1 year (in ₹)?
- 36.What is 25% of 200?
- 37.What is the simple interest on ₹7900 at 3% per year for 1 year (in ₹)?
- 38.What is the simple interest on ₹5100 at 4% per year for 1 year (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 3 years (in ₹)?
- 40.What is 75% of 560?
Answer key
- 200
- 28
- 1265
- 60
- 910
- 255
- 5
- 50
- 180
- 40
- 1204
- 20
- 40
- 90
- 3190
- 10
- 4896
- 7020
- 1800
- 342
- 1080
- 60
- 1080
- 5
- 135
- 50
- 108
- 522
- 190
- 5
- 40
- 9396
- 30
- 6160
- 4884
- 50
- 237
- 204
- 1360
- 420
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