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.What is the amount (principal + simple interest) on ₹6200 at 6% per year for 2 years (in ₹)?
- 2.A shopkeeper buys a cooler for ₹2000 and sells it for ₹2150. What is the profit (in ₹)?
- 3.A mobile phone costs ₹1000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹3400 at 7% per year for 2 years (in ₹)?
- 5.The price of a school bag changed from ₹500 to ₹450. What is the percentage decrease?
- 6.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
- 7.What is 20% of 480?
- 8.What is 40% of 200?
- 9.What is 15% of 1000?
- 10.A cooler costs ₹3000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.What is 95% of 240?
- 12.What is 45% of 920?
- 13.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2120. What is the loss (in ₹)?
- 14.A cooler costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 15.The price of a bus pass changed from ₹50 to ₹45. What is the percentage decrease?
- 16.What is 20% of 180?
- 17.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2710. What is the loss (in ₹)?
- 18.What is 60% of 40?
- 19.A table bought for ₹3600 is sold for ₹2880. What is the loss per cent?
- 20.What is 40% of 360?
- 21.What is the amount (principal + simple interest) on ₹2400 at 6% per year for 2 years (in ₹)?
- 22.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹140. What is the loss (in ₹)?
- 23.A shopkeeper buys a cycle for ₹2000 and sells it for ₹2110. What is the profit (in ₹)?
- 24.What is the simple interest on ₹3500 at 12% per year for 4 years (in ₹)?
- 25.The price of a water bottle changed from ₹100 to ₹140. What is the percentage increase?
- 26.What is 85% of 340?
- 27.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
- 28.A shopkeeper buys a table for ₹500 and sells it for ₹750. What is the profit (in ₹)?
- 29.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2090. What is the loss (in ₹)?
- 30.What is the simple interest on ₹1800 at 2% per year for 1 year (in ₹)?
- 31.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
- 32.A cooler bought for ₹3000 is sold for ₹2640. What is the loss per cent?
- 33.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
- 34.A shopkeeper buys a fan for ₹1500 and sells it for ₹1360. What is the loss (in ₹)?
- 35.The price of a pair of shoes changed from ₹400 to ₹560. What is the percentage increase?
- 36.The price of a box of mangoes changed from ₹100 to ₹130. What is the percentage increase?
- 37.What is the amount (principal + simple interest) on ₹5800 at 11% per year for 5 years (in ₹)?
- 38.The price of a bus pass changed from ₹100 to ₹75. What is the percentage decrease?
- 39.A fan bought for ₹300 is sold for ₹345. What is the profit per cent?
- 40.What is the simple interest on ₹1900 at 11% per year for 3 years (in ₹)?
Answer key
- 6944
- 150
- 500
- 3876
- 10
- 30
- 96
- 80
- 150
- 2700
- 228
- 414
- 280
- 360
- 10
- 36
- 240
- 24
- 20
- 144
- 2688
- 210
- 110
- 1680
- 40
- 289
- 80
- 250
- 160
- 36
- 30
- 12
- 10
- 140
- 40
- 30
- 8990
- 25
- 15
- 627
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