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 ₹500 to ₹750. What is the percentage increase?
- 2.What is the simple interest on ₹7800 at 4% per year for 2 years (in ₹)?
- 3.What is 20% of 660?
- 4.A cycle costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 5.What is the simple interest on ₹8400 at 11% per year for 4 years (in ₹)?
- 6.A cycle costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹9800 at 2% per year for 3 years (in ₹)?
- 8.A cricket kit bought for ₹300 is sold for ₹225. What is the loss per cent?
- 9.A cycle costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.A sewing machine bought for ₹400 is sold for ₹420. What is the profit per cent?
- 11.What is the simple interest on ₹8100 at 4% per year for 4 years (in ₹)?
- 12.What is 35% of 200?
- 13.A cricket kit costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹2100 at 8% per year for 3 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹2400 at 11% per year for 2 years (in ₹)?
- 16.A sewing machine bought for ₹2700 is sold for ₹1350. What is the loss per cent?
- 17.A fan bought for ₹2200 is sold for ₹1100. What is the loss per cent?
- 18.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹660. What is the loss (in ₹)?
- 19.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹550. What is the loss (in ₹)?
- 20.A cycle bought for ₹2200 is sold for ₹2640. What is the profit per cent?
- 21.A cricket kit costs ₹2600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2320. What is the loss (in ₹)?
- 23.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹730. What is the loss (in ₹)?
- 24.What is the simple interest on ₹2400 at 2% per year for 1 year (in ₹)?
- 25.A table costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 26.What is 90% of 920?
- 27.A shopkeeper buys a fan for ₹2950 and sells it for ₹2960. What is the profit (in ₹)?
- 28.A mobile phone bought for ₹1700 is sold for ₹1530. What is the loss per cent?
- 29.A cycle bought for ₹3600 is sold for ₹3168. What is the loss per cent?
- 30.A shopkeeper buys a watch for ₹1900 and sells it for ₹1860. What is the loss (in ₹)?
- 31.The price of a bus pass changed from ₹400 to ₹640. What is the percentage increase?
- 32.The price of a school bag changed from ₹250 to ₹375. What is the percentage increase?
- 33.What is the simple interest on ₹7900 at 9% per year for 4 years (in ₹)?
- 34.The price of a water bottle changed from ₹100 to ₹40. What is the percentage decrease?
- 35.What is the amount (principal + simple interest) on ₹5400 at 2% per year for 2 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 2 years (in ₹)?
- 37.A cricket kit bought for ₹3200 is sold for ₹1600. What is the loss per cent?
- 38.A fan costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 39.What is the simple interest on ₹1800 at 5% per year for 3 years (in ₹)?
- 40.A shopkeeper buys a table for ₹2700 and sells it for ₹2900. What is the profit (in ₹)?
Answer key
- 50
- 624
- 132
- 1430
- 3696
- 920
- 10388
- 25
- 704
- 5
- 1296
- 70
- 420
- 504
- 2928
- 50
- 50
- 290
- 250
- 20
- 1560
- 180
- 70
- 48
- 3625
- 828
- 10
- 10
- 12
- 40
- 60
- 50
- 2844
- 60
- 5616
- 3410
- 50
- 280
- 270
- 200
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