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 cricket ball changed from ₹40 to ₹16. What is the percentage decrease?
- 2.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 3 years (in ₹)?
- 3.What is 5% of 360?
- 4.What is 75% of 400?
- 5.What is the amount (principal + simple interest) on ₹3200 at 12% per year for 4 years (in ₹)?
- 6.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2380. What is the loss (in ₹)?
- 7.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹1930. What is the loss (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 5 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5800 at 11% per year for 1 year (in ₹)?
- 10.A sewing machine bought for ₹3800 is sold for ₹4940. What is the profit per cent?
- 11.The price of a cricket ball changed from ₹20 to ₹35. What is the percentage increase?
- 12.A sewing machine costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 13.A shopkeeper buys a watch for ₹1000 and sells it for ₹1080. What is the profit (in ₹)?
- 14.A cooler costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 4 years (in ₹)?
- 16.The price of a pair of shoes changed from ₹500 to ₹650. What is the percentage increase?
- 17.What is the amount (principal + simple interest) on ₹700 at 7% per year for 1 year (in ₹)?
- 18.What is the simple interest on ₹1200 at 7% per year for 1 year (in ₹)?
- 19.A shopkeeper buys a fan for ₹1950 and sells it for ₹1720. What is the loss (in ₹)?
- 20.What is 60% of 940?
- 21.A sewing machine costs ₹2200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a fan for ₹550 and sells it for ₹290. What is the loss (in ₹)?
- 23.The price of a bus pass changed from ₹500 to ₹200. What is the percentage decrease?
- 24.A shopkeeper buys a cycle for ₹400 and sells it for ₹510. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2800 at 9% per year for 5 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹9000 at 10% per year for 1 year (in ₹)?
- 27.A shopkeeper buys a fan for ₹2000 and sells it for ₹1730. What is the loss (in ₹)?
- 28.What is 65% of 700?
- 29.What is 85% of 440?
- 30.A cooler costs ₹400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 31.A sewing machine costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 32.A cycle costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a cycle for ₹2050 and sells it for ₹2260. What is the profit (in ₹)?
- 34.What is the simple interest on ₹8800 at 3% per year for 1 year (in ₹)?
- 35.A cooler costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a fan for ₹2950 and sells it for ₹2700. What is the loss (in ₹)?
- 37.What is the simple interest on ₹7600 at 5% per year for 1 year (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹1950 and sells it for ₹2140. What is the profit (in ₹)?
- 39.A table costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹3700 at 9% per year for 4 years (in ₹)?
Answer key
- 60
- 2660
- 18
- 300
- 4736
- 170
- 20
- 7375
- 6438
- 30
- 75
- 300
- 80
- 1140
- 3136
- 30
- 749
- 84
- 230
- 564
- 2090
- 260
- 60
- 110
- 4060
- 9900
- 270
- 455
- 374
- 520
- 255
- 4144
- 210
- 264
- 2760
- 250
- 380
- 190
- 1520
- 5032
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