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 cricket kit bought for ₹1500 is sold for ₹1800. What is the profit per cent?
- 2.A cricket kit costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 3.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
- 4.A cycle costs ₹3800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 5.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1310. What is the loss (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹6800 at 8% per year for 4 years (in ₹)?
- 7.What is 10% of 120?
- 8.The price of a pair of shoes changed from ₹500 to ₹875. What is the percentage increase?
- 9.The price of a school bag changed from ₹40 to ₹64. What is the percentage increase?
- 10.The price of a pair of shoes changed from ₹80 to ₹104. What is the percentage increase?
- 11.A cycle costs ₹3900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹50. What is the loss (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹4800 at 4% per year for 3 years (in ₹)?
- 14.A mobile phone bought for ₹2400 is sold for ₹2160. What is the loss per cent?
- 15.A mobile phone bought for ₹3600 is sold for ₹3420. What is the loss per cent?
- 16.What is 35% of 220?
- 17.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 5 years (in ₹)?
- 18.The price of a school bag changed from ₹80 to ₹96. What is the percentage increase?
- 19.What is 95% of 900?
- 20.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 5 years (in ₹)?
- 21.What is the simple interest on ₹1600 at 3% per year for 2 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹500 at 3% per year for 1 year (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹1100 at 9% per year for 5 years (in ₹)?
- 24.A mobile phone costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 25.A mobile phone costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 26.A fan costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹6400 at 5% per year for 4 years (in ₹)?
- 28.What is the simple interest on ₹6300 at 8% per year for 2 years (in ₹)?
- 29.A shopkeeper buys a cycle for ₹1400 and sells it for ₹1250. What is the loss (in ₹)?
- 30.What is 35% of 460?
- 31.What is the simple interest on ₹600 at 11% per year for 4 years (in ₹)?
- 32.What is the simple interest on ₹3900 at 10% per year for 4 years (in ₹)?
- 33.The price of a cricket ball changed from ₹25 to ₹5. What is the percentage decrease?
- 34.What is 5% of 120?
- 35.What is the simple interest on ₹1200 at 12% per year for 2 years (in ₹)?
- 36.A watch bought for ₹3200 is sold for ₹2880. What is the loss per cent?
- 37.What is the amount (principal + simple interest) on ₹9200 at 2% per year for 2 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 2 years (in ₹)?
- 39.The price of a bus pass changed from ₹500 to ₹505. What is the percentage increase?
- 40.The price of a box of mangoes changed from ₹20 to ₹22. What is the percentage increase?
Answer key
- 20
- 3600
- 50
- 2660
- 140
- 8976
- 12
- 75
- 60
- 30
- 3315
- 250
- 5376
- 10
- 5
- 77
- 2300
- 20
- 855
- 6020
- 96
- 515
- 1595
- 880
- 2250
- 3135
- 1280
- 1008
- 150
- 161
- 264
- 1560
- 80
- 6
- 288
- 10
- 9568
- 3564
- 1
- 10
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