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 shopkeeper buys a fan for ₹800 and sells it for ₹780. What is the loss (in ₹)?
- 2.What is the simple interest on ₹500 at 9% per year for 2 years (in ₹)?
- 3.The price of a water bottle changed from ₹250 to ₹125. What is the percentage decrease?
- 4.A cooler costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 5.What is 20% of 40?
- 6.What is 85% of 80?
- 7.What is the simple interest on ₹1100 at 3% per year for 3 years (in ₹)?
- 8.The price of a box of mangoes changed from ₹200 to ₹210. What is the percentage increase?
- 9.What is the amount (principal + simple interest) on ₹800 at 12% per year for 2 years (in ₹)?
- 10.The price of a box of mangoes changed from ₹80 to ₹104. What is the percentage increase?
- 11.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 5 years (in ₹)?
- 12.What is the simple interest on ₹9600 at 11% per year for 4 years (in ₹)?
- 13.What is 5% of 180?
- 14.A mobile phone bought for ₹400 is sold for ₹420. What is the profit per cent?
- 15.A cricket kit costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 16.What is 85% of 280?
- 17.What is the amount (principal + simple interest) on ₹3500 at 5% per year for 3 years (in ₹)?
- 18.What is 15% of 40?
- 19.What is the amount (principal + simple interest) on ₹9600 at 8% per year for 4 years (in ₹)?
- 20.A mobile phone costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 21.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
- 22.A cycle bought for ₹2000 is sold for ₹2300. What is the profit per cent?
- 23.A fan costs ₹3300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹4000 at 3% per year for 3 years (in ₹)?
- 25.What is 45% of 840?
- 26.What is 55% of 660?
- 27.What is 20% of 80?
- 28.A cycle bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 29.What is the simple interest on ₹6400 at 2% per year for 3 years (in ₹)?
- 30.A shopkeeper buys a watch for ₹2950 and sells it for ₹2980. What is the profit (in ₹)?
- 31.What is the simple interest on ₹3500 at 11% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a watch for ₹1550 and sells it for ₹1810. What is the profit (in ₹)?
- 33.The price of a school bag changed from ₹40 to ₹60. What is the percentage increase?
- 34.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 4 years (in ₹)?
- 35.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹950. What is the profit (in ₹)?
- 36.What is 60% of 40?
- 37.A shopkeeper buys a fan for ₹1500 and sells it for ₹1430. What is the loss (in ₹)?
- 38.A shopkeeper buys a table for ₹1800 and sells it for ₹1740. What is the loss (in ₹)?
- 39.What is 45% of 360?
- 40.What is the simple interest on ₹9400 at 3% per year for 2 years (in ₹)?
Answer key
- 20
- 90
- 50
- 220
- 8
- 68
- 99
- 5
- 992
- 30
- 11760
- 4224
- 9
- 5
- 855
- 238
- 4025
- 6
- 12672
- 1792
- 2
- 15
- 3960
- 360
- 378
- 363
- 16
- 10
- 384
- 30
- 1925
- 260
- 50
- 2584
- 150
- 24
- 70
- 60
- 162
- 564
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