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 school bag changed from ₹80 to ₹64. What is the percentage decrease?
- 2.What is the simple interest on ₹3300 at 2% per year for 4 years (in ₹)?
- 3.A cooler costs ₹200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 4.What is the simple interest on ₹7000 at 11% per year for 4 years (in ₹)?
- 5.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
- 6.What is the simple interest on ₹5000 at 3% per year for 3 years (in ₹)?
- 7.A cycle bought for ₹1500 is sold for ₹2250. What is the profit per cent?
- 8.The price of a school bag changed from ₹400 to ₹600. What is the percentage increase?
- 9.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
- 10.A table costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 11.The price of a cricket ball changed from ₹400 to ₹440. What is the percentage increase?
- 12.What is 40% of 960?
- 13.What is 95% of 340?
- 14.What is the simple interest on ₹6300 at 2% per year for 2 years (in ₹)?
- 15.What is 30% of 680?
- 16.A mobile phone costs ₹3500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 17.What is 30% of 80?
- 18.What is the simple interest on ₹6800 at 4% per year for 2 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹5800 at 2% per year for 2 years (in ₹)?
- 20.A table costs ₹3600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 1 year (in ₹)?
- 22.What is 5% of 40?
- 23.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2490. What is the profit (in ₹)?
- 24.A shopkeeper buys a fan for ₹1550 and sells it for ₹1520. What is the loss (in ₹)?
- 25.A shopkeeper buys a watch for ₹450 and sells it for ₹350. What is the loss (in ₹)?
- 26.What is the simple interest on ₹4600 at 10% per year for 1 year (in ₹)?
- 27.A cycle costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 28.What is 80% of 980?
- 29.A mobile phone costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 30.The price of a box of mangoes changed from ₹20 to ₹35. What is the percentage increase?
- 31.The price of a box of mangoes changed from ₹200 to ₹190. What is the percentage decrease?
- 32.What is 85% of 40?
- 33.A cricket kit bought for ₹4000 is sold for ₹4600. What is the profit per cent?
- 34.What is the amount (principal + simple interest) on ₹7700 at 3% per year for 2 years (in ₹)?
- 35.A cricket kit costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹2100 at 10% per year for 1 year (in ₹)?
- 37.What is the simple interest on ₹6300 at 5% per year for 3 years (in ₹)?
- 38.A shopkeeper buys a cycle for ₹900 and sells it for ₹760. What is the loss (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 5 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹2600 at 4% per year for 1 year (in ₹)?
Answer key
- 20
- 264
- 100
- 3080
- 3528
- 450
- 50
- 50
- 50
- 630
- 10
- 384
- 323
- 252
- 204
- 3080
- 24
- 544
- 6032
- 5040
- 2652
- 2
- 40
- 30
- 100
- 460
- 2970
- 784
- 2750
- 75
- 5
- 34
- 15
- 8162
- 1045
- 2310
- 945
- 140
- 2080
- 2704
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