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 fan costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 2.The price of a pair of shoes changed from ₹50 to ₹60. What is the percentage increase?
- 3.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
- 4.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
- 5.The price of a school bag changed from ₹200 to ₹250. What is the percentage increase?
- 6.A shopkeeper buys a fan for ₹2400 and sells it for ₹2140. What is the loss (in ₹)?
- 7.The price of a school bag changed from ₹100 to ₹125. What is the percentage increase?
- 8.What is 30% of 460?
- 9.What is the simple interest on ₹3600 at 3% per year for 4 years (in ₹)?
- 10.A mobile phone bought for ₹700 is sold for ₹980. What is the profit per cent?
- 11.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹1190. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹5500 at 10% per year for 2 years (in ₹)?
- 13.What is 40% of 960?
- 14.A cooler costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹600 at 9% per year for 5 years (in ₹)?
- 16.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
- 17.What is 30% of 840?
- 18.What is 70% of 420?
- 19.What is the simple interest on ₹9900 at 5% per year for 2 years (in ₹)?
- 20.What is the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹4200 at 11% per year for 1 year (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹4000 at 5% per year for 2 years (in ₹)?
- 23.A mobile phone bought for ₹2700 is sold for ₹3024. What is the profit per cent?
- 24.What is the simple interest on ₹7600 at 11% per year for 2 years (in ₹)?
- 25.A watch bought for ₹1300 is sold for ₹1690. What is the profit per cent?
- 26.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1970. What is the profit (in ₹)?
- 27.What is the simple interest on ₹1400 at 3% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹5800 at 9% per year for 3 years (in ₹)?
- 29.A table bought for ₹400 is sold for ₹460. What is the profit per cent?
- 30.The price of a water bottle changed from ₹100 to ₹40. What is the percentage decrease?
- 31.What is the amount (principal + simple interest) on ₹1000 at 9% per year for 5 years (in ₹)?
- 32.A sewing machine costs ₹2400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 33.The price of a cricket ball changed from ₹20 to ₹19. What is the percentage decrease?
- 34.A shopkeeper buys a watch for ₹400 and sells it for ₹170. What is the loss (in ₹)?
- 35.What is 70% of 180?
- 36.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
- 37.A shopkeeper buys a fan for ₹2200 and sells it for ₹2090. What is the loss (in ₹)?
- 38.What is the simple interest on ₹1400 at 2% per year for 4 years (in ₹)?
- 39.What is 5% of 720?
- 40.What is the amount (principal + simple interest) on ₹1800 at 6% per year for 4 years (in ₹)?
Answer key
- 4875
- 20
- 80
- 10
- 25
- 260
- 25
- 138
- 432
- 40
- 240
- 6600
- 384
- 2640
- 270
- 30
- 252
- 294
- 990
- 400
- 4662
- 4400
- 12
- 1672
- 30
- 220
- 168
- 7366
- 15
- 60
- 1450
- 2688
- 5
- 230
- 126
- 20
- 110
- 112
- 36
- 2232
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