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 cycle costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 2.What is 95% of 980?
- 3.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
- 4.The price of a pair of shoes changed from ₹50 to ₹70. What is the percentage increase?
- 5.The price of a box of mangoes changed from ₹40 to ₹30. What is the percentage decrease?
- 6.A table costs ₹3800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 7.A cycle costs ₹1600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 8.What is 35% of 280?
- 9.A mobile phone costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹5500 at 10% per year for 2 years (in ₹)?
- 11.A mobile phone bought for ₹2900 is sold for ₹3248. What is the profit per cent?
- 12.What is the simple interest on ₹5300 at 2% per year for 2 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3900 at 9% per year for 2 years (in ₹)?
- 14.What is 70% of 520?
- 15.What is the simple interest on ₹5300 at 8% per year for 4 years (in ₹)?
- 16.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 17.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹3020. What is the profit (in ₹)?
- 18.A shopkeeper buys a fan for ₹350 and sells it for ₹400. What is the profit (in ₹)?
- 19.What is the simple interest on ₹9400 at 2% per year for 1 year (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹6800 at 12% per year for 5 years (in ₹)?
- 21.What is the simple interest on ₹9200 at 10% per year for 5 years (in ₹)?
- 22.A watch costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 23.A shopkeeper buys a fan for ₹700 and sells it for ₹850. What is the profit (in ₹)?
- 24.What is the simple interest on ₹6300 at 4% per year for 1 year (in ₹)?
- 25.What is 95% of 460?
- 26.What is 85% of 940?
- 27.What is 85% of 920?
- 28.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 1 year (in ₹)?
- 29.A mobile phone bought for ₹3000 is sold for ₹3360. What is the profit per cent?
- 30.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2360. What is the loss (in ₹)?
- 31.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 3 years (in ₹)?
- 33.A cooler costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 34.What is 40% of 700?
- 35.A cricket kit costs ₹1200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 36.What is 95% of 440?
- 37.A fan costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 38.What is 45% of 280?
- 39.The price of a pair of shoes changed from ₹100 to ₹160. What is the percentage increase?
- 40.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
Answer key
- 2310
- 931
- 60
- 40
- 25
- 3040
- 1120
- 98
- 2590
- 6600
- 12
- 212
- 4602
- 364
- 1696
- 40
- 270
- 50
- 188
- 10880
- 4600
- 810
- 150
- 252
- 437
- 799
- 782
- 2835
- 12
- 90
- 25
- 8692
- 448
- 280
- 960
- 418
- 1056
- 126
- 60
- 40
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