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 bus pass changed from ₹40 to ₹72. What is the percentage increase?
- 2.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹240. What is the loss (in ₹)?
- 3.A shopkeeper buys a cycle for ₹500 and sells it for ₹520. What is the profit (in ₹)?
- 4.What is 75% of 800?
- 5.A watch bought for ₹700 is sold for ₹350. What is the loss per cent?
- 6.What is the amount (principal + simple interest) on ₹8900 at 3% per year for 5 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹6600 at 10% per year for 1 year (in ₹)?
- 8.What is the simple interest on ₹7800 at 10% per year for 3 years (in ₹)?
- 9.A table bought for ₹900 is sold for ₹945. What is the profit per cent?
- 10.What is the simple interest on ₹3700 at 6% per year for 2 years (in ₹)?
- 11.What is 75% of 280?
- 12.What is 95% of 700?
- 13.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1610. What is the loss (in ₹)?
- 14.A fan costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 15.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
- 16.What is the amount (principal + simple interest) on ₹3400 at 12% per year for 5 years (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2320. What is the profit (in ₹)?
- 18.A watch bought for ₹1500 is sold for ₹1125. What is the loss per cent?
- 19.What is 65% of 120?
- 20.What is the simple interest on ₹5500 at 2% per year for 3 years (in ₹)?
- 21.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1630. What is the loss (in ₹)?
- 22.What is the simple interest on ₹5500 at 3% per year for 4 years (in ₹)?
- 23.A shopkeeper buys a table for ₹3000 and sells it for ₹2990. What is the loss (in ₹)?
- 24.A cooler bought for ₹1200 is sold for ₹1380. What is the profit per cent?
- 25.A shopkeeper buys a fan for ₹1250 and sells it for ₹1550. What is the profit (in ₹)?
- 26.A cycle bought for ₹3400 is sold for ₹3230. What is the loss per cent?
- 27.A shopkeeper buys a watch for ₹600 and sells it for ₹740. What is the profit (in ₹)?
- 28.The price of a pair of shoes changed from ₹80 to ₹16. What is the percentage decrease?
- 29.A fan bought for ₹900 is sold for ₹720. What is the loss per cent?
- 30.A table costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹2800 at 6% per year for 1 year (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹5200 at 6% per year for 3 years (in ₹)?
- 33.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2830. What is the profit (in ₹)?
- 34.What is 35% of 120?
- 35.A table costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.A fan costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 37.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
- 38.What is 95% of 40?
- 39.The price of a school bag changed from ₹250 to ₹25. What is the percentage decrease?
- 40.What is 70% of 800?
Answer key
- 80
- 60
- 20
- 600
- 50
- 10235
- 7260
- 2340
- 5
- 444
- 210
- 665
- 40
- 420
- 40
- 5440
- 220
- 25
- 78
- 330
- 170
- 660
- 10
- 15
- 300
- 5
- 140
- 80
- 20
- 1050
- 168
- 6136
- 280
- 42
- 1568
- 3520
- 210
- 38
- 90
- 560
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