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 ₹500 to ₹125. What is the percentage decrease?
- 2.A cooler bought for ₹3100 is sold for ₹3410. What is the profit per cent?
- 3.What is 25% of 160?
- 4.What is the simple interest on ₹9400 at 2% per year for 2 years (in ₹)?
- 5.A watch bought for ₹2800 is sold for ₹3920. What is the profit per cent?
- 6.What is the simple interest on ₹4700 at 10% per year for 2 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 1 year (in ₹)?
- 8.A fan costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 9.A watch costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 10.A watch bought for ₹400 is sold for ₹440. What is the profit per cent?
- 11.A shopkeeper buys a watch for ₹600 and sells it for ₹320. What is the loss (in ₹)?
- 12.A watch bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 13.A cycle costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 14.A cycle costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 15.What is 90% of 980?
- 16.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
- 17.What is the simple interest on ₹4800 at 3% per year for 3 years (in ₹)?
- 18.A table costs ₹2400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹1000 at 7% per year for 4 years (in ₹)?
- 20.A cooler costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹1400 at 4% per year for 5 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹9800 at 11% per year for 2 years (in ₹)?
- 23.The price of a pair of shoes changed from ₹50 to ₹55. What is the percentage increase?
- 24.A shopkeeper buys a cooler for ₹400 and sells it for ₹210. What is the loss (in ₹)?
- 25.What is 5% of 720?
- 26.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 5 years (in ₹)?
- 27.What is 70% of 740?
- 28.A cycle bought for ₹2600 is sold for ₹3380. What is the profit per cent?
- 29.The price of a school bag changed from ₹100 to ₹75. What is the percentage decrease?
- 30.What is 25% of 80?
- 31.What is the simple interest on ₹3600 at 8% per year for 2 years (in ₹)?
- 32.What is 55% of 780?
- 33.What is 20% of 60?
- 34.What is 10% of 540?
- 35.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹1040. What is the profit (in ₹)?
- 36.What is the simple interest on ₹4000 at 11% per year for 1 year (in ₹)?
- 37.What is 95% of 520?
- 38.What is the simple interest on ₹1000 at 10% per year for 5 years (in ₹)?
- 39.What is 45% of 980?
- 40.A cycle bought for ₹4000 is sold for ₹3200. What is the loss per cent?
Answer key
- 75
- 10
- 40
- 376
- 40
- 940
- 5616
- 3136
- 3250
- 10
- 280
- 40
- 1700
- 2660
- 882
- 60
- 432
- 2640
- 280
- 690
- 280
- 11956
- 10
- 190
- 36
- 7360
- 518
- 30
- 25
- 20
- 576
- 429
- 12
- 54
- 190
- 440
- 494
- 500
- 441
- 20
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