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.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 1 year (in ₹)?
- 2.A sewing machine costs ₹1400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 3.A fan bought for ₹3600 is sold for ₹4500. What is the profit per cent?
- 4.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
- 5.What is 85% of 840?
- 6.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1650. What is the profit (in ₹)?
- 7.What is 65% of 460?
- 8.What is 60% of 780?
- 9.A cooler costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1610. What is the profit (in ₹)?
- 11.A table costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 12.A cricket kit costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 13.A watch costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 14.The price of a bus pass changed from ₹500 to ₹525. What is the percentage increase?
- 15.The price of a box of mangoes changed from ₹20 to ₹4. What is the percentage decrease?
- 16.What is 85% of 60?
- 17.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 3 years (in ₹)?
- 18.What is the simple interest on ₹4300 at 2% per year for 4 years (in ₹)?
- 19.A shopkeeper buys a table for ₹2750 and sells it for ₹2470. What is the loss (in ₹)?
- 20.What is 40% of 980?
- 21.The price of a pair of shoes changed from ₹40 to ₹4. What is the percentage decrease?
- 22.What is the amount (principal + simple interest) on ₹600 at 4% per year for 4 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹7900 at 6% per year for 1 year (in ₹)?
- 24.A cooler bought for ₹2200 is sold for ₹1870. What is the loss per cent?
- 25.What is 40% of 920?
- 26.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹860. What is the profit (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 1 year (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹2500 at 2% per year for 4 years (in ₹)?
- 29.What is the simple interest on ₹5500 at 4% per year for 1 year (in ₹)?
- 30.What is the simple interest on ₹500 at 7% per year for 3 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹700 at 4% per year for 4 years (in ₹)?
- 32.What is the simple interest on ₹7800 at 4% per year for 3 years (in ₹)?
- 33.What is the simple interest on ₹3800 at 12% per year for 1 year (in ₹)?
- 34.The price of a water bottle changed from ₹80 to ₹96. What is the percentage increase?
- 35.The price of a water bottle changed from ₹400 to ₹300. What is the percentage decrease?
- 36.A mobile phone bought for ₹900 is sold for ₹720. What is the loss per cent?
- 37.What is 5% of 180?
- 38.A cricket kit costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 39.A fan costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 40.The price of a cricket ball changed from ₹400 to ₹240. What is the percentage decrease?
Answer key
- 10379
- 1610
- 25
- 25
- 714
- 300
- 299
- 468
- 1520
- 10
- 3150
- 180
- 550
- 5
- 80
- 51
- 9540
- 344
- 280
- 392
- 90
- 696
- 8374
- 15
- 368
- 160
- 7140
- 2700
- 220
- 105
- 812
- 936
- 456
- 20
- 25
- 20
- 9
- 180
- 850
- 40
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