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 box of mangoes changed from ₹50 to ₹51. What is the percentage increase?
- 2.A watch bought for ₹700 is sold for ₹805. What is the profit per cent?
- 3.The price of a pair of shoes changed from ₹100 to ₹130. What is the percentage increase?
- 4.What is the simple interest on ₹8700 at 2% per year for 1 year (in ₹)?
- 5.A fan bought for ₹2300 is sold for ₹2990. What is the profit per cent?
- 6.A sewing machine costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 7.What is 60% of 720?
- 8.What is the amount (principal + simple interest) on ₹9400 at 2% per year for 2 years (in ₹)?
- 9.The price of a box of mangoes changed from ₹400 to ₹360. What is the percentage decrease?
- 10.A cycle costs ₹1800. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.A sewing machine bought for ₹1300 is sold for ₹1105. What is the loss per cent?
- 12.What is the simple interest on ₹1900 at 3% per year for 2 years (in ₹)?
- 13.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1620. What is the loss (in ₹)?
- 14.A cycle bought for ₹1700 is sold for ₹2125. What is the profit per cent?
- 15.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1220. What is the loss (in ₹)?
- 16.A shopkeeper buys a cycle for ₹900 and sells it for ₹930. What is the profit (in ₹)?
- 17.The price of a water bottle changed from ₹200 to ₹180. What is the percentage decrease?
- 18.What is 60% of 740?
- 19.What is 95% of 460?
- 20.What is the simple interest on ₹1700 at 11% per year for 4 years (in ₹)?
- 21.A cooler bought for ₹1600 is sold for ₹1680. What is the profit per cent?
- 22.The price of a cricket ball changed from ₹500 to ₹650. What is the percentage increase?
- 23.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a fan for ₹1450 and sells it for ₹1680. What is the profit (in ₹)?
- 25.What is the simple interest on ₹9300 at 3% per year for 3 years (in ₹)?
- 26.A table bought for ₹2100 is sold for ₹1890. What is the loss per cent?
- 27.A mobile phone costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 28.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2530. What is the loss (in ₹)?
- 29.A fan bought for ₹1600 is sold for ₹1760. What is the profit per cent?
- 30.What is the simple interest on ₹2200 at 8% per year for 2 years (in ₹)?
- 31.What is 40% of 820?
- 32.The price of a water bottle changed from ₹80 to ₹16. What is the percentage decrease?
- 33.What is 65% of 820?
- 34.What is the simple interest on ₹7400 at 8% per year for 4 years (in ₹)?
- 35.The price of a box of mangoes changed from ₹500 to ₹200. What is the percentage decrease?
- 36.A cycle bought for ₹3400 is sold for ₹2890. What is the loss per cent?
- 37.What is the simple interest on ₹9900 at 12% per year for 1 year (in ₹)?
- 38.What is the simple interest on ₹2400 at 12% per year for 1 year (in ₹)?
- 39.A shopkeeper buys a watch for ₹550 and sells it for ₹260. What is the loss (in ₹)?
- 40.A shopkeeper buys a cooler for ₹200 and sells it for ₹240. What is the profit (in ₹)?
Answer key
- 2
- 15
- 30
- 174
- 30
- 5320
- 432
- 9776
- 10
- 1620
- 15
- 114
- 280
- 25
- 80
- 30
- 10
- 444
- 437
- 748
- 5
- 30
- 2100
- 230
- 837
- 10
- 2200
- 20
- 10
- 352
- 328
- 80
- 533
- 2368
- 60
- 15
- 1188
- 288
- 290
- 40
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