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.A cooler bought for ₹3200 is sold for ₹4160. What is the profit per cent?
- 2.What is the simple interest on ₹5300 at 5% per year for 5 years (in ₹)?
- 3.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
- 4.What is the amount (principal + simple interest) on ₹3400 at 12% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹2900 at 5% per year for 1 year (in ₹)?
- 6.A fan costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹1600 at 2% per year for 3 years (in ₹)?
- 8.The price of a box of mangoes changed from ₹250 to ₹275. What is the percentage increase?
- 9.The price of a school bag changed from ₹400 to ₹300. What is the percentage decrease?
- 10.A sewing machine bought for ₹2400 is sold for ₹3120. What is the profit per cent?
- 11.A watch bought for ₹4000 is sold for ₹3520. What is the loss per cent?
- 12.The price of a school bag changed from ₹20 to ₹18. What is the percentage decrease?
- 13.A table bought for ₹3800 is sold for ₹4180. What is the profit per cent?
- 14.What is 35% of 980?
- 15.What is 45% of 40?
- 16.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2630. What is the profit (in ₹)?
- 17.A shopkeeper buys a table for ₹1300 and sells it for ₹1010. What is the loss (in ₹)?
- 18.What is the simple interest on ₹7600 at 10% per year for 1 year (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹7500 at 7% per year for 5 years (in ₹)?
- 20.The price of a bus pass changed from ₹80 to ₹48. What is the percentage decrease?
- 21.A fan costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 22.The price of a cricket ball changed from ₹400 to ₹160. What is the percentage decrease?
- 23.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 1 year (in ₹)?
- 24.What is the simple interest on ₹7400 at 5% per year for 2 years (in ₹)?
- 25.The price of a cricket ball changed from ₹40 to ₹72. What is the percentage increase?
- 26.The price of a school bag changed from ₹50 to ₹45. What is the percentage decrease?
- 27.What is 85% of 740?
- 28.What is the simple interest on ₹7200 at 2% per year for 3 years (in ₹)?
- 29.The price of a box of mangoes changed from ₹200 to ₹260. What is the percentage increase?
- 30.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹2130. What is the profit (in ₹)?
- 31.What is the simple interest on ₹3000 at 11% per year for 5 years (in ₹)?
- 32.A watch costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 33.What is 45% of 580?
- 34.What is the amount (principal + simple interest) on ₹4400 at 7% per year for 2 years (in ₹)?
- 35.What is 5% of 320?
- 36.What is the amount (principal + simple interest) on ₹3300 at 7% per year for 1 year (in ₹)?
- 37.A cycle bought for ₹2100 is sold for ₹2940. What is the profit per cent?
- 38.What is the simple interest on ₹500 at 11% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a fan for ₹1200 and sells it for ₹990. What is the loss (in ₹)?
- 40.A cricket kit bought for ₹1900 is sold for ₹1425. What is the loss per cent?
Answer key
- 30
- 1325
- 30
- 5440
- 145
- 660
- 1696
- 10
- 25
- 30
- 12
- 10
- 10
- 343
- 18
- 180
- 290
- 760
- 10125
- 40
- 2352
- 60
- 9116
- 740
- 80
- 10
- 629
- 432
- 30
- 130
- 1650
- 2750
- 261
- 5016
- 16
- 3531
- 40
- 220
- 210
- 25
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