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 ₹80 to ₹48. What is the percentage decrease?
- 2.What is the amount (principal + simple interest) on ₹700 at 11% per year for 5 years (in ₹)?
- 3.A cycle costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 4.A shopkeeper buys a watch for ₹550 and sells it for ₹570. What is the profit (in ₹)?
- 5.The price of a pair of shoes changed from ₹500 to ₹525. What is the percentage increase?
- 6.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1630. What is the loss (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1260. What is the loss (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹9100 at 7% per year for 4 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹7500 at 9% per year for 3 years (in ₹)?
- 10.The price of a bus pass changed from ₹500 to ₹950. What is the percentage increase?
- 11.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1540. What is the loss (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹6400 at 8% per year for 3 years (in ₹)?
- 13.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
- 14.The price of a school bag changed from ₹80 to ₹64. What is the percentage decrease?
- 15.A cycle bought for ₹600 is sold for ₹630. What is the profit per cent?
- 16.A mobile phone bought for ₹3900 is sold for ₹3705. What is the loss per cent?
- 17.A shopkeeper buys a cycle for ₹650 and sells it for ₹480. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹8100 at 10% per year for 3 years (in ₹)?
- 19.A fan bought for ₹1900 is sold for ₹2850. What is the profit per cent?
- 20.A fan bought for ₹3100 is sold for ₹2635. What is the loss per cent?
- 21.A shopkeeper buys a table for ₹1950 and sells it for ₹1680. What is the loss (in ₹)?
- 22.A fan costs ₹3300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹7000 at 7% per year for 4 years (in ₹)?
- 24.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
- 25.What is 40% of 180?
- 26.The price of a school bag changed from ₹40 to ₹56. What is the percentage increase?
- 27.A table bought for ₹2700 is sold for ₹4050. What is the profit per cent?
- 28.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹1600. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹1600 at 8% per year for 2 years (in ₹)?
- 30.What is 95% of 280?
- 31.A watch costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹3100 at 8% per year for 2 years (in ₹)?
- 33.What is 35% of 880?
- 34.The price of a bus pass changed from ₹80 to ₹64. What is the percentage decrease?
- 35.A fan bought for ₹700 is sold for ₹784. What is the profit per cent?
- 36.The price of a cricket ball changed from ₹400 to ₹396. What is the percentage decrease?
- 37.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 1 year (in ₹)?
- 38.The price of a pair of shoes changed from ₹250 to ₹275. What is the percentage increase?
- 39.What is the simple interest on ₹1000 at 12% per year for 2 years (in ₹)?
- 40.What is the simple interest on ₹9100 at 7% per year for 2 years (in ₹)?
Answer key
- 40
- 1085
- 1275
- 20
- 5
- 220
- 140
- 11648
- 9525
- 90
- 60
- 7936
- 60
- 20
- 5
- 5
- 170
- 10530
- 50
- 15
- 270
- 2805
- 1960
- 25
- 72
- 40
- 50
- 250
- 1856
- 266
- 3990
- 3596
- 308
- 20
- 12
- 1
- 8748
- 10
- 240
- 1274
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