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 ₹600 and sells it for ₹440. What is the loss (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹9500 at 11% per year for 2 years (in ₹)?
- 3.A shopkeeper buys a mobile phone for ₹1150 and sells it for ₹1320. What is the profit (in ₹)?
- 4.A cycle costs ₹3400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹5600 at 2% per year for 3 years (in ₹)?
- 6.What is 70% of 200?
- 7.A shopkeeper buys a watch for ₹1200 and sells it for ₹910. What is the loss (in ₹)?
- 8.A fan bought for ₹3800 is sold for ₹3040. What is the loss per cent?
- 9.A shopkeeper buys a fan for ₹800 and sells it for ₹970. What is the profit (in ₹)?
- 10.What is the simple interest on ₹9900 at 3% per year for 5 years (in ₹)?
- 11.What is 20% of 320?
- 12.What is 90% of 820?
- 13.A watch costs ₹500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹700 at 2% per year for 1 year (in ₹)?
- 15.A fan bought for ₹2600 is sold for ₹2210. What is the loss per cent?
- 16.A fan bought for ₹400 is sold for ₹300. What is the loss per cent?
- 17.What is the simple interest on ₹8100 at 11% per year for 1 year (in ₹)?
- 18.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
- 19.A cycle bought for ₹900 is sold for ₹1008. What is the profit per cent?
- 20.What is 95% of 260?
- 21.A cooler bought for ₹2300 is sold for ₹2875. What is the profit per cent?
- 22.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 5 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹900 at 10% per year for 4 years (in ₹)?
- 24.A fan costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹2100 at 8% per year for 3 years (in ₹)?
- 26.What is 85% of 380?
- 27.What is 60% of 520?
- 28.What is the amount (principal + simple interest) on ₹6100 at 10% per year for 4 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 5 years (in ₹)?
- 30.What is the simple interest on ₹8000 at 4% per year for 4 years (in ₹)?
- 31.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2450. What is the loss (in ₹)?
- 32.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2680. What is the profit (in ₹)?
- 33.A shopkeeper buys a cycle for ₹1900 and sells it for ₹2080. What is the profit (in ₹)?
- 34.What is the simple interest on ₹7800 at 5% per year for 5 years (in ₹)?
- 35.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
- 36.The price of a cricket ball changed from ₹80 to ₹140. What is the percentage increase?
- 37.What is 35% of 980?
- 38.What is the simple interest on ₹4800 at 8% per year for 2 years (in ₹)?
- 39.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 40.The price of a box of mangoes changed from ₹400 to ₹100. What is the percentage decrease?
Answer key
- 160
- 11590
- 170
- 4760
- 5936
- 140
- 290
- 20
- 170
- 1485
- 64
- 738
- 300
- 14
- 15
- 25
- 891
- 90
- 12
- 247
- 25
- 11500
- 1260
- 3990
- 504
- 323
- 312
- 8540
- 2530
- 1280
- 250
- 130
- 180
- 1950
- 60
- 75
- 343
- 768
- 40
- 75
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