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.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 2.The price of a cricket ball changed from ₹80 to ₹16. What is the percentage decrease?
- 3.What is the amount (principal + simple interest) on ₹5900 at 7% per year for 5 years (in ₹)?
- 4.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1850. What is the profit (in ₹)?
- 5.A fan costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2820. What is the profit (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹720. What is the loss (in ₹)?
- 8.A sewing machine costs ₹2200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 9.A cooler costs ₹200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a fan for ₹1950 and sells it for ₹1920. What is the loss (in ₹)?
- 11.What is 40% of 320?
- 12.The price of a box of mangoes changed from ₹20 to ₹24. What is the percentage increase?
- 13.A watch costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹3200 at 3% per year for 1 year (in ₹)?
- 15.A mobile phone costs ₹3300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 16.What is 75% of 720?
- 17.What is 90% of 560?
- 18.A shopkeeper buys a watch for ₹1100 and sells it for ₹920. What is the loss (in ₹)?
- 19.A mobile phone bought for ₹2500 is sold for ₹1750. What is the loss per cent?
- 20.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 5 years (in ₹)?
- 21.What is the simple interest on ₹3200 at 6% per year for 3 years (in ₹)?
- 22.A shopkeeper buys a fan for ₹800 and sells it for ₹580. What is the loss (in ₹)?
- 23.What is 10% of 880?
- 24.A shopkeeper buys a cooler for ₹1200 and sells it for ₹980. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 4 years (in ₹)?
- 26.What is the simple interest on ₹700 at 5% per year for 5 years (in ₹)?
- 27.A cricket kit bought for ₹1200 is sold for ₹1056. What is the loss per cent?
- 28.What is 30% of 660?
- 29.What is 15% of 980?
- 30.A fan bought for ₹1500 is sold for ₹750. What is the loss per cent?
- 31.What is 70% of 900?
- 32.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1650. What is the profit (in ₹)?
- 33.A shopkeeper buys a watch for ₹2500 and sells it for ₹2590. What is the profit (in ₹)?
- 34.The price of a school bag changed from ₹80 to ₹84. What is the percentage increase?
- 35.A cricket kit costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 2 years (in ₹)?
- 37.What is the simple interest on ₹1900 at 2% per year for 1 year (in ₹)?
- 38.A sewing machine bought for ₹1100 is sold for ₹1650. What is the profit per cent?
- 39.What is 25% of 800?
- 40.A shopkeeper buys a cycle for ₹2050 and sells it for ₹2080. What is the profit (in ₹)?
Answer key
- 60
- 80
- 7965
- 50
- 4600
- 20
- 30
- 1980
- 176
- 30
- 128
- 20
- 1568
- 96
- 4125
- 540
- 504
- 180
- 30
- 2400
- 576
- 220
- 88
- 220
- 10324
- 175
- 12
- 198
- 147
- 50
- 630
- 200
- 90
- 5
- 320
- 3050
- 38
- 50
- 200
- 30
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