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 school bag changed from ₹80 to ₹56. What is the percentage decrease?
- 2.A table costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 3.What is the simple interest on ₹9400 at 2% per year for 4 years (in ₹)?
- 4.What is 90% of 760?
- 5.What is the simple interest on ₹8400 at 9% per year for 5 years (in ₹)?
- 6.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3120. What is the profit (in ₹)?
- 7.A cricket kit costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1690. What is the profit (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹1980. What is the loss (in ₹)?
- 10.What is 75% of 300?
- 11.What is the simple interest on ₹2400 at 11% per year for 5 years (in ₹)?
- 12.What is 80% of 600?
- 13.What is the simple interest on ₹8900 at 2% per year for 5 years (in ₹)?
- 14.A sewing machine bought for ₹2000 is sold for ₹1700. What is the loss per cent?
- 15.What is 40% of 980?
- 16.What is the simple interest on ₹3700 at 12% per year for 5 years (in ₹)?
- 17.A shopkeeper buys a fan for ₹1150 and sells it for ₹1360. What is the profit (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹3500 at 2% per year for 3 years (in ₹)?
- 19.The price of a water bottle changed from ₹20 to ₹5. What is the percentage decrease?
- 20.What is 35% of 120?
- 21.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 1 year (in ₹)?
- 22.What is 85% of 900?
- 23.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
- 24.A fan bought for ₹2100 is sold for ₹2310. What is the profit per cent?
- 25.A watch costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 26.A cycle costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 27.A cooler bought for ₹1300 is sold for ₹1170. What is the loss per cent?
- 28.What is the amount (principal + simple interest) on ₹1400 at 3% per year for 2 years (in ₹)?
- 29.What is 60% of 100?
- 30.A mobile phone bought for ₹2900 is sold for ₹3335. What is the profit per cent?
- 31.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1400. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 3 years (in ₹)?
- 33.What is 20% of 760?
- 34.What is 90% of 580?
- 35.The price of a box of mangoes changed from ₹500 to ₹600. What is the percentage increase?
- 36.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2730. What is the loss (in ₹)?
- 37.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
- 38.The price of a box of mangoes changed from ₹500 to ₹505. What is the percentage increase?
- 39.A watch costs ₹1300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹9400 at 2% per year for 5 years (in ₹)?
Answer key
- 30
- 1232
- 752
- 684
- 3780
- 270
- 900
- 290
- 120
- 225
- 1320
- 480
- 890
- 15
- 392
- 2220
- 210
- 3710
- 75
- 42
- 8446
- 765
- 80
- 10
- 450
- 345
- 10
- 1484
- 60
- 15
- 100
- 3360
- 152
- 522
- 20
- 20
- 90
- 1
- 1235
- 10340
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