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 mobile phone bought for ₹200 is sold for ₹260. What is the profit per cent?
- 2.What is the simple interest on ₹5600 at 3% per year for 5 years (in ₹)?
- 3.The price of a cricket ball changed from ₹400 to ₹300. What is the percentage decrease?
- 4.What is the simple interest on ₹1700 at 9% per year for 5 years (in ₹)?
- 5.A watch costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 4 years (in ₹)?
- 7.A fan costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹5900 at 4% per year for 4 years (in ₹)?
- 9.A cooler costs ₹3700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 10.What is 35% of 1000?
- 11.What is the simple interest on ₹8700 at 4% per year for 4 years (in ₹)?
- 12.A table costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 13.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹150. What is the loss (in ₹)?
- 14.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
- 15.A shopkeeper buys a cycle for ₹1950 and sells it for ₹2180. What is the profit (in ₹)?
- 16.A cooler bought for ₹2100 is sold for ₹1260. What is the loss per cent?
- 17.A fan bought for ₹900 is sold for ₹540. What is the loss per cent?
- 18.What is 80% of 560?
- 19.What is 80% of 340?
- 20.What is the amount (principal + simple interest) on ₹8500 at 7% per year for 2 years (in ₹)?
- 21.What is the simple interest on ₹4600 at 10% per year for 5 years (in ₹)?
- 22.The price of a school bag changed from ₹50 to ₹51. What is the percentage increase?
- 23.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
- 24.What is the amount (principal + simple interest) on ₹6400 at 5% per year for 2 years (in ₹)?
- 25.A cooler costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 26.What is 65% of 80?
- 27.What is the amount (principal + simple interest) on ₹3100 at 12% per year for 1 year (in ₹)?
- 28.A table bought for ₹900 is sold for ₹792. What is the loss per cent?
- 29.A sewing machine costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 30.What is the simple interest on ₹4500 at 12% per year for 2 years (in ₹)?
- 31.A shopkeeper buys a table for ₹1850 and sells it for ₹1820. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹700 at 5% per year for 4 years (in ₹)?
- 33.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
- 34.What is 20% of 860?
- 35.What is the simple interest on ₹5300 at 10% per year for 5 years (in ₹)?
- 36.What is the simple interest on ₹700 at 8% per year for 2 years (in ₹)?
- 37.A sewing machine costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 38.A sewing machine costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 39.The price of a school bag changed from ₹100 to ₹130. What is the percentage increase?
- 40.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2460. What is the profit (in ₹)?
Answer key
- 30
- 840
- 25
- 765
- 550
- 4216
- 1725
- 6844
- 4070
- 350
- 1392
- 180
- 300
- 50
- 230
- 40
- 40
- 448
- 272
- 9690
- 2300
- 2
- 40
- 7040
- 935
- 52
- 3472
- 12
- 2310
- 1080
- 30
- 840
- 10
- 172
- 2650
- 112
- 1040
- 2100
- 30
- 260
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