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 cricket ball changed from ₹20 to ₹21. What is the percentage increase?
- 2.What is the amount (principal + simple interest) on ₹9800 at 5% per year for 2 years (in ₹)?
- 3.A mobile phone bought for ₹2700 is sold for ₹3510. What is the profit per cent?
- 4.The price of a pair of shoes changed from ₹100 to ₹140. What is the percentage increase?
- 5.What is the amount (principal + simple interest) on ₹4600 at 10% per year for 2 years (in ₹)?
- 6.What is the simple interest on ₹4000 at 3% per year for 4 years (in ₹)?
- 7.What is the simple interest on ₹9500 at 5% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2460. What is the loss (in ₹)?
- 9.A mobile phone bought for ₹600 is sold for ₹510. What is the loss per cent?
- 10.A mobile phone costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.A fan bought for ₹2200 is sold for ₹2640. What is the profit per cent?
- 12.What is the simple interest on ₹4900 at 8% per year for 2 years (in ₹)?
- 13.The price of a cricket ball changed from ₹50 to ₹49. What is the percentage decrease?
- 14.What is the simple interest on ₹4600 at 5% per year for 3 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹7900 at 10% per year for 1 year (in ₹)?
- 16.What is the simple interest on ₹7700 at 8% per year for 4 years (in ₹)?
- 17.A fan costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 18.What is 55% of 540?
- 19.The price of a bus pass changed from ₹80 to ₹144. What is the percentage increase?
- 20.What is the simple interest on ₹3800 at 4% per year for 2 years (in ₹)?
- 21.The price of a box of mangoes changed from ₹100 to ₹80. What is the percentage decrease?
- 22.A cricket kit costs ₹1200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 23.What is 15% of 120?
- 24.A cricket kit bought for ₹2800 is sold for ₹2100. What is the loss per cent?
- 25.A shopkeeper buys a fan for ₹2400 and sells it for ₹2320. What is the loss (in ₹)?
- 26.What is 5% of 560?
- 27.What is the amount (principal + simple interest) on ₹1400 at 6% per year for 2 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹2300 at 11% per year for 5 years (in ₹)?
- 29.A sewing machine bought for ₹300 is sold for ₹450. What is the profit per cent?
- 30.What is the simple interest on ₹2600 at 8% per year for 3 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹6800 at 3% per year for 3 years (in ₹)?
- 32.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹2190. What is the profit (in ₹)?
- 33.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2490. What is the loss (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹7700 at 6% per year for 4 years (in ₹)?
- 35.A sewing machine bought for ₹3500 is sold for ₹2450. What is the loss per cent?
- 36.What is the simple interest on ₹7900 at 10% per year for 5 years (in ₹)?
- 37.A cricket kit bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 38.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹400. What is the profit (in ₹)?
- 39.A mobile phone costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 40.A table bought for ₹3000 is sold for ₹1500. What is the loss per cent?
Answer key
- 5
- 10780
- 30
- 40
- 5520
- 480
- 475
- 40
- 15
- 1170
- 20
- 784
- 2
- 690
- 8690
- 2464
- 3625
- 297
- 80
- 304
- 20
- 1320
- 18
- 25
- 80
- 28
- 1568
- 3565
- 50
- 624
- 7412
- 240
- 210
- 9548
- 30
- 3950
- 10
- 100
- 880
- 50
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