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 pair of shoes changed from ₹50 to ₹40. What is the percentage decrease?
- 2.What is the simple interest on ₹9700 at 12% per year for 2 years (in ₹)?
- 3.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2530. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹1700 at 4% per year for 1 year (in ₹)?
- 6.A shopkeeper buys a table for ₹250 and sells it for ₹390. What is the profit (in ₹)?
- 7.The price of a cricket ball changed from ₹80 to ₹96. What is the percentage increase?
- 8.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 1 year (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹180. What is the loss (in ₹)?
- 10.What is the simple interest on ₹9600 at 3% per year for 2 years (in ₹)?
- 11.What is 45% of 600?
- 12.The price of a pair of shoes changed from ₹250 to ₹255. What is the percentage increase?
- 13.A sewing machine costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹5300 at 6% per year for 2 years (in ₹)?
- 15.A fan bought for ₹3200 is sold for ₹4800. What is the profit per cent?
- 16.What is the amount (principal + simple interest) on ₹1000 at 11% per year for 2 years (in ₹)?
- 17.What is the simple interest on ₹4200 at 10% per year for 2 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 3 years (in ₹)?
- 19.The price of a bus pass changed from ₹80 to ₹140. What is the percentage increase?
- 20.What is 10% of 600?
- 21.The price of a pair of shoes changed from ₹20 to ₹19. What is the percentage decrease?
- 22.What is the amount (principal + simple interest) on ₹500 at 12% per year for 2 years (in ₹)?
- 23.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1390. What is the loss (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 1 year (in ₹)?
- 25.The price of a water bottle changed from ₹25 to ₹5. What is the percentage decrease?
- 26.What is 75% of 980?
- 27.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
- 28.The price of a box of mangoes changed from ₹50 to ₹65. What is the percentage increase?
- 29.The price of a cricket ball changed from ₹20 to ₹38. What is the percentage increase?
- 30.What is 75% of 580?
- 31.What is the amount (principal + simple interest) on ₹1200 at 2% per year for 2 years (in ₹)?
- 32.The price of a pair of shoes changed from ₹100 to ₹102. What is the percentage increase?
- 33.A shopkeeper buys a table for ₹700 and sells it for ₹910. What is the profit (in ₹)?
- 34.A table bought for ₹3400 is sold for ₹3060. What is the loss per cent?
- 35.The price of a water bottle changed from ₹25 to ₹40. What is the percentage increase?
- 36.A fan costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 37.A fan bought for ₹3000 is sold for ₹2640. What is the loss per cent?
- 38.The price of a bus pass changed from ₹50 to ₹45. What is the percentage decrease?
- 39.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
- 40.What is the simple interest on ₹8300 at 8% per year for 2 years (in ₹)?
Answer key
- 20
- 2328
- 180
- 1300
- 68
- 140
- 20
- 10656
- 20
- 576
- 270
- 2
- 1275
- 5936
- 50
- 1220
- 840
- 13300
- 75
- 60
- 5
- 620
- 210
- 1976
- 80
- 735
- 10
- 30
- 90
- 435
- 1248
- 2
- 210
- 10
- 60
- 920
- 12
- 10
- 40
- 1328
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