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 cricket ball changed from ₹20 to ₹28. What is the percentage increase?
- 2.The price of a box of mangoes changed from ₹20 to ₹28. What is the percentage increase?
- 3.A shopkeeper buys a fan for ₹2450 and sells it for ₹2520. What is the profit (in ₹)?
- 4.A sewing machine costs ₹3000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 5.A watch costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 6.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
- 7.The price of a bus pass changed from ₹80 to ₹60. What is the percentage decrease?
- 8.The price of a school bag changed from ₹80 to ₹76. What is the percentage decrease?
- 9.What is 10% of 120?
- 10.What is the simple interest on ₹6800 at 11% per year for 4 years (in ₹)?
- 11.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1870. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 4 years (in ₹)?
- 13.A cricket kit bought for ₹300 is sold for ₹420. What is the profit per cent?
- 14.What is 35% of 120?
- 15.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
- 16.A cycle bought for ₹2500 is sold for ₹1875. What is the loss per cent?
- 17.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 2 years (in ₹)?
- 18.What is the simple interest on ₹3500 at 4% per year for 2 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 1 year (in ₹)?
- 20.What is 15% of 880?
- 21.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
- 22.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 3 years (in ₹)?
- 23.A shopkeeper buys a watch for ₹1650 and sells it for ₹1790. What is the profit (in ₹)?
- 24.A mobile phone bought for ₹3000 is sold for ₹3900. What is the profit per cent?
- 25.What is the simple interest on ₹3400 at 12% per year for 3 years (in ₹)?
- 26.What is 55% of 760?
- 27.A fan bought for ₹2400 is sold for ₹3000. What is the profit per cent?
- 28.What is 60% of 540?
- 29.What is 70% of 1000?
- 30.What is the simple interest on ₹9400 at 5% per year for 3 years (in ₹)?
- 31.What is the simple interest on ₹8000 at 3% per year for 2 years (in ₹)?
- 32.A cycle costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1550. What is the profit (in ₹)?
- 34.What is the simple interest on ₹2200 at 2% per year for 1 year (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 5 years (in ₹)?
- 36.What is the simple interest on ₹9000 at 12% per year for 5 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹3500 at 2% per year for 2 years (in ₹)?
- 38.A fan bought for ₹1800 is sold for ₹900. What is the loss per cent?
- 39.A mobile phone costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 40.A shopkeeper buys a cooler for ₹850 and sells it for ₹820. What is the loss (in ₹)?
Answer key
- 40
- 40
- 70
- 4200
- 4340
- 75
- 25
- 5
- 12
- 2992
- 120
- 7668
- 40
- 42
- 80
- 25
- 3080
- 280
- 7828
- 132
- 30
- 3472
- 140
- 30
- 1224
- 418
- 25
- 324
- 700
- 1410
- 480
- 990
- 100
- 44
- 1800
- 5400
- 3640
- 50
- 680
- 30
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