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.
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- 1.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
- 2.What is the simple interest on ₹5400 at 3% per year for 2 years (in ₹)?
- 3.A cricket kit bought for ₹2400 is sold for ₹1800. What is the loss per cent?
- 4.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 2 years (in ₹)?
- 5.A fan bought for ₹1600 is sold for ₹1792. What is the profit per cent?
- 6.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
- 7.What is 45% of 380?
- 8.A cycle costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 9.A cricket kit costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 10.What is 85% of 340?
- 11.What is the simple interest on ₹9200 at 7% per year for 3 years (in ₹)?
- 12.A shopkeeper buys a watch for ₹2750 and sells it for ₹3010. What is the profit (in ₹)?
- 13.A shopkeeper buys a fan for ₹1750 and sells it for ₹1600. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹7500 at 2% per year for 1 year (in ₹)?
- 15.What is the simple interest on ₹1100 at 6% per year for 2 years (in ₹)?
- 16.What is 40% of 320?
- 17.A shopkeeper buys a cooler for ₹400 and sells it for ₹410. What is the profit (in ₹)?
- 18.A shopkeeper buys a watch for ₹1400 and sells it for ₹1610. What is the profit (in ₹)?
- 19.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹900. What is the profit (in ₹)?
- 20.What is 60% of 320?
- 21.The price of a cricket ball changed from ₹80 to ₹8. What is the percentage decrease?
- 22.A shopkeeper buys a fan for ₹1600 and sells it for ₹1770. What is the profit (in ₹)?
- 23.What is 35% of 260?
- 24.A watch costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹700 at 6% per year for 1 year (in ₹)?
- 26.A sewing machine costs ₹2200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 27.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
- 28.A cricket kit bought for ₹900 is sold for ₹855. What is the loss per cent?
- 29.A shopkeeper buys a watch for ₹2450 and sells it for ₹2270. What is the loss (in ₹)?
- 30.What is 15% of 200?
- 31.A fan bought for ₹3900 is sold for ₹4485. What is the profit per cent?
- 32.What is 65% of 160?
- 33.A shopkeeper buys a table for ₹2050 and sells it for ₹2090. What is the profit (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 4 years (in ₹)?
- 35.What is 15% of 480?
- 36.What is 90% of 640?
- 37.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1640. What is the profit (in ₹)?
- 38.A cricket kit costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 39.A cycle costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹8600 at 10% per year for 1 year (in ₹)?
Answer key
- 30
- 324
- 25
- 6960
- 12
- 60
- 171
- 660
- 5000
- 289
- 1932
- 260
- 150
- 7650
- 132
- 128
- 10
- 210
- 300
- 192
- 90
- 170
- 91
- 560
- 42
- 2640
- 30
- 5
- 180
- 30
- 15
- 104
- 40
- 9396
- 72
- 576
- 290
- 360
- 4620
- 860
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