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 mobile phone bought for ₹3500 is sold for ₹3080. What is the loss per cent?
- 2.What is 30% of 40?
- 3.A watch bought for ₹1300 is sold for ₹1560. What is the profit per cent?
- 4.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 4 years (in ₹)?
- 5.A cycle costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 6.A sewing machine bought for ₹1000 is sold for ₹750. What is the loss per cent?
- 7.What is the simple interest on ₹7700 at 4% per year for 4 years (in ₹)?
- 8.The price of a school bag changed from ₹250 to ₹475. What is the percentage increase?
- 9.What is the simple interest on ₹3300 at 3% per year for 2 years (in ₹)?
- 10.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2470. What is the loss (in ₹)?
- 11.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1500. What is the loss (in ₹)?
- 12.The price of a school bag changed from ₹50 to ₹10. What is the percentage decrease?
- 13.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 5 years (in ₹)?
- 14.What is 5% of 180?
- 15.A shopkeeper buys a watch for ₹650 and sells it for ₹740. What is the profit (in ₹)?
- 16.What is the simple interest on ₹3100 at 3% per year for 1 year (in ₹)?
- 17.What is the simple interest on ₹8700 at 9% per year for 1 year (in ₹)?
- 18.The price of a pair of shoes changed from ₹100 to ₹50. What is the percentage decrease?
- 19.What is the simple interest on ₹8100 at 10% per year for 4 years (in ₹)?
- 20.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?
- 21.What is 80% of 180?
- 22.What is 45% of 960?
- 23.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
- 24.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2780. What is the profit (in ₹)?
- 25.The price of a school bag changed from ₹400 to ₹392. What is the percentage decrease?
- 26.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 3 years (in ₹)?
- 27.The price of a school bag changed from ₹500 to ₹400. What is the percentage decrease?
- 28.The price of a water bottle changed from ₹80 to ₹120. What is the percentage increase?
- 29.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1940. What is the profit (in ₹)?
- 30.A mobile phone costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹6300 at 5% per year for 4 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 1 year (in ₹)?
- 33.What is the simple interest on ₹1800 at 5% per year for 1 year (in ₹)?
- 34.A cycle costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 35.A cycle bought for ₹1200 is sold for ₹1500. What is the profit per cent?
- 36.What is the simple interest on ₹6000 at 6% per year for 5 years (in ₹)?
- 37.What is the simple interest on ₹8000 at 10% per year for 2 years (in ₹)?
- 38.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
- 39.What is 20% of 680?
- 40.What is the amount (principal + simple interest) on ₹4900 at 2% per year for 2 years (in ₹)?
Answer key
- 12
- 12
- 20
- 2992
- 2875
- 25
- 1232
- 90
- 198
- 80
- 100
- 80
- 7680
- 9
- 90
- 93
- 783
- 50
- 3240
- 25
- 144
- 432
- 20
- 80
- 2
- 10790
- 20
- 50
- 40
- 980
- 1260
- 1188
- 90
- 3360
- 25
- 1800
- 1600
- 30
- 136
- 5096
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