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 cricket kit bought for ₹1000 is sold for ₹1120. What is the profit per cent?
- 2.The price of a water bottle changed from ₹500 to ₹125. What is the percentage decrease?
- 3.A cricket kit bought for ₹3100 is sold for ₹3410. What is the profit per cent?
- 4.What is the amount (principal + simple interest) on ₹2700 at 8% per year for 5 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 1 year (in ₹)?
- 6.A watch bought for ₹3300 is sold for ₹4950. What is the profit per cent?
- 7.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 2 years (in ₹)?
- 8.A shopkeeper buys a table for ₹1050 and sells it for ₹870. What is the loss (in ₹)?
- 9.A cooler bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 10.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 1 year (in ₹)?
- 11.A cricket kit bought for ₹2100 is sold for ₹1848. What is the loss per cent?
- 12.The price of a box of mangoes changed from ₹20 to ₹4. What is the percentage decrease?
- 13.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2780. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹3300 at 11% per year for 2 years (in ₹)?
- 15.A mobile phone costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 16.What is 45% of 260?
- 17.What is the amount (principal + simple interest) on ₹8900 at 6% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a fan for ₹1650 and sells it for ₹1690. What is the profit (in ₹)?
- 19.What is 30% of 400?
- 20.What is 95% of 440?
- 21.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2480. What is the loss (in ₹)?
- 22.What is 25% of 940?
- 23.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 24.A mobile phone bought for ₹800 is sold for ₹880. What is the profit per cent?
- 25.A cricket kit costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 26.A sewing machine bought for ₹3300 is sold for ₹2640. What is the loss per cent?
- 27.What is the simple interest on ₹9200 at 10% per year for 4 years (in ₹)?
- 28.What is 10% of 980?
- 29.What is the simple interest on ₹500 at 7% per year for 3 years (in ₹)?
- 30.A cooler bought for ₹2600 is sold for ₹1950. What is the loss per cent?
- 31.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
- 32.A watch bought for ₹2100 is sold for ₹1050. What is the loss per cent?
- 33.What is the amount (principal + simple interest) on ₹1400 at 12% per year for 1 year (in ₹)?
- 34.What is the simple interest on ₹4100 at 10% per year for 2 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹9600 at 3% per year for 2 years (in ₹)?
- 36.A cycle costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 37.The price of a water bottle changed from ₹40 to ₹76. What is the percentage increase?
- 38.A mobile phone costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 39.The price of a water bottle changed from ₹500 to ₹400. What is the percentage decrease?
- 40.What is 90% of 200?
Answer key
- 12
- 75
- 10
- 3780
- 5280
- 50
- 1144
- 180
- 5
- 3224
- 12
- 80
- 170
- 4026
- 900
- 117
- 9434
- 40
- 120
- 418
- 170
- 235
- 40
- 10
- 1120
- 20
- 3680
- 98
- 105
- 25
- 80
- 50
- 1568
- 820
- 10176
- 2625
- 90
- 2000
- 20
- 180
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