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 ₹200 to ₹300. What is the percentage increase?
- 2.A shopkeeper buys a fan for ₹2350 and sells it for ₹2520. What is the profit (in ₹)?
- 3.A cricket kit bought for ₹3500 is sold for ₹3850. What is the profit per cent?
- 4.What is the amount (principal + simple interest) on ₹5300 at 7% per year for 1 year (in ₹)?
- 5.A shopkeeper buys a watch for ₹2650 and sells it for ₹2820. What is the profit (in ₹)?
- 6.A cycle costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 7.What is the simple interest on ₹6600 at 9% per year for 3 years (in ₹)?
- 8.What is the simple interest on ₹800 at 3% per year for 3 years (in ₹)?
- 9.A table costs ₹2700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 10.A watch costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 11.A cycle costs ₹4000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 12.What is 15% of 820?
- 13.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
- 14.What is the amount (principal + simple interest) on ₹2600 at 9% per year for 3 years (in ₹)?
- 15.A watch costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 16.A shopkeeper buys a watch for ₹250 and sells it for ₹300. What is the profit (in ₹)?
- 17.The price of a water bottle changed from ₹40 to ₹20. What is the percentage decrease?
- 18.A cycle bought for ₹3700 is sold for ₹2590. What is the loss per cent?
- 19.What is 90% of 940?
- 20.A fan bought for ₹2200 is sold for ₹1760. What is the loss per cent?
- 21.What is the simple interest on ₹8700 at 4% per year for 4 years (in ₹)?
- 22.A cricket kit costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹1800 at 11% per year for 4 years (in ₹)?
- 24.A table bought for ₹1200 is sold for ₹960. What is the loss per cent?
- 25.A shopkeeper buys a watch for ₹550 and sells it for ₹840. What is the profit (in ₹)?
- 26.A table costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹3300 at 5% per year for 5 years (in ₹)?
- 28.What is 65% of 640?
- 29.What is the amount (principal + simple interest) on ₹4600 at 6% per year for 1 year (in ₹)?
- 30.What is 60% of 400?
- 31.What is 15% of 280?
- 32.A cooler bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 33.A mobile phone bought for ₹1200 is sold for ₹1320. What is the profit per cent?
- 34.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹3080. What is the profit (in ₹)?
- 35.A table bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 36.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹150. What is the loss (in ₹)?
- 37.What is 5% of 920?
- 38.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 1 year (in ₹)?
- 39.A cycle bought for ₹600 is sold for ₹300. What is the loss per cent?
- 40.A watch bought for ₹600 is sold for ₹660. What is the profit per cent?
Answer key
- 50
- 170
- 10
- 5671
- 170
- 1450
- 1782
- 72
- 2160
- 1760
- 5200
- 123
- 2
- 3302
- 780
- 50
- 50
- 30
- 846
- 20
- 1392
- 280
- 792
- 20
- 290
- 1650
- 4125
- 416
- 4876
- 240
- 42
- 20
- 10
- 230
- 25
- 150
- 46
- 3498
- 50
- 10
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