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 ₹40 to ₹52. What is the percentage increase?
- 2.What is the simple interest on ₹900 at 6% per year for 3 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹4700 at 9% per year for 5 years (in ₹)?
- 4.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
- 5.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1410. What is the loss (in ₹)?
- 6.The price of a pair of shoes changed from ₹400 to ₹360. What is the percentage decrease?
- 7.A mobile phone bought for ₹600 is sold for ₹540. What is the loss per cent?
- 8.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹930. What is the loss (in ₹)?
- 9.The price of a school bag changed from ₹20 to ₹32. What is the percentage increase?
- 10.A shopkeeper buys a cycle for ₹950 and sells it for ₹820. What is the loss (in ₹)?
- 11.A shopkeeper buys a watch for ₹2850 and sells it for ₹2750. What is the loss (in ₹)?
- 12.A mobile phone costs ₹3600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹5900 at 4% per year for 4 years (in ₹)?
- 14.A cooler bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 15.A shopkeeper buys a table for ₹2150 and sells it for ₹1920. What is the loss (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1380. What is the loss (in ₹)?
- 17.The price of a bus pass changed from ₹20 to ₹28. What is the percentage increase?
- 18.The price of a box of mangoes changed from ₹80 to ₹20. What is the percentage decrease?
- 19.What is 80% of 100?
- 20.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1380. What is the profit (in ₹)?
- 21.A shopkeeper buys a cycle for ₹950 and sells it for ₹900. What is the loss (in ₹)?
- 22.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2850. What is the profit (in ₹)?
- 23.A shopkeeper buys a watch for ₹1200 and sells it for ₹900. What is the loss (in ₹)?
- 24.A shopkeeper buys a cooler for ₹650 and sells it for ₹870. What is the profit (in ₹)?
- 25.A watch costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹4600 at 12% per year for 1 year (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹6000 at 11% per year for 3 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹6200 at 7% per year for 2 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹4800 at 7% per year for 3 years (in ₹)?
- 30.A sewing machine bought for ₹1400 is sold for ₹1232. What is the loss per cent?
- 31.What is 35% of 680?
- 32.A mobile phone bought for ₹3500 is sold for ₹4375. What is the profit per cent?
- 33.A shopkeeper buys a watch for ₹1650 and sells it for ₹1490. What is the loss (in ₹)?
- 34.What is 15% of 40?
- 35.What is the simple interest on ₹6700 at 6% per year for 1 year (in ₹)?
- 36.A mobile phone bought for ₹1700 is sold for ₹1870. What is the profit per cent?
- 37.What is 70% of 100?
- 38.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹2150. What is the profit (in ₹)?
- 39.A shopkeeper buys a cycle for ₹650 and sells it for ₹950. What is the profit (in ₹)?
- 40.What is the simple interest on ₹9500 at 2% per year for 2 years (in ₹)?
Answer key
- 30
- 162
- 6815
- 20
- 90
- 10
- 10
- 270
- 60
- 130
- 100
- 2700
- 6844
- 12
- 230
- 270
- 40
- 75
- 80
- 130
- 50
- 200
- 300
- 220
- 4600
- 552
- 7980
- 7068
- 5808
- 12
- 238
- 25
- 160
- 6
- 402
- 10
- 70
- 250
- 300
- 380
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