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 box of mangoes changed from ₹250 to ₹100. What is the percentage decrease?
- 2.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2730. What is the loss (in ₹)?
- 3.What is 35% of 740?
- 4.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2740. What is the profit (in ₹)?
- 5.A table costs ₹2200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1040. What is the loss (in ₹)?
- 7.The price of a water bottle changed from ₹400 to ₹392. What is the percentage decrease?
- 8.What is the simple interest on ₹1600 at 12% per year for 3 years (in ₹)?
- 9.A cooler costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 10.A watch bought for ₹2700 is sold for ₹4050. What is the profit per cent?
- 11.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹420. What is the loss (in ₹)?
- 12.A mobile phone costs ₹2000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a cooler for ₹950 and sells it for ₹1250. What is the profit (in ₹)?
- 14.What is 15% of 660?
- 15.What is the amount (principal + simple interest) on ₹7100 at 5% per year for 1 year (in ₹)?
- 16.What is 70% of 880?
- 17.The price of a water bottle changed from ₹250 to ₹350. What is the percentage increase?
- 18.A shopkeeper buys a cycle for ₹450 and sells it for ₹400. What is the loss (in ₹)?
- 19.The price of a box of mangoes changed from ₹250 to ₹255. What is the percentage increase?
- 20.A mobile phone costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 21.A fan costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹8300 at 11% per year for 2 years (in ₹)?
- 23.A cooler bought for ₹500 is sold for ₹700. What is the profit per cent?
- 24.What is the simple interest on ₹5500 at 9% per year for 4 years (in ₹)?
- 25.A shopkeeper buys a fan for ₹450 and sells it for ₹530. What is the profit (in ₹)?
- 26.What is the simple interest on ₹4900 at 9% per year for 1 year (in ₹)?
- 27.A table costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 28.A cooler costs ₹3000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹8700 at 3% per year for 5 years (in ₹)?
- 30.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹3130. What is the profit (in ₹)?
- 31.What is the simple interest on ₹4600 at 2% per year for 3 years (in ₹)?
- 32.The price of a cricket ball changed from ₹100 to ₹20. What is the percentage decrease?
- 33.The price of a cricket ball changed from ₹400 to ₹500. What is the percentage increase?
- 34.A table costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹5800 at 12% per year for 2 years (in ₹)?
- 36.A table costs ₹1700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹8600 at 4% per year for 4 years (in ₹)?
- 38.A fan costs ₹3200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 39.A fan costs ₹3200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹600 at 11% per year for 2 years (in ₹)?
Answer key
- 60
- 220
- 259
- 40
- 1980
- 110
- 2
- 576
- 1080
- 50
- 30
- 2500
- 300
- 99
- 7455
- 616
- 40
- 50
- 2
- 2904
- 1430
- 10126
- 40
- 1980
- 80
- 441
- 1140
- 4500
- 1305
- 280
- 276
- 80
- 25
- 3250
- 1392
- 2040
- 1376
- 3584
- 2720
- 732
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