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 water bottle changed from ₹250 to ₹245. What is the percentage decrease?
- 2.What is the amount (principal + simple interest) on ₹700 at 10% per year for 2 years (in ₹)?
- 3.A shopkeeper buys a watch for ₹2200 and sells it for ₹2340. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹5000 at 4% per year for 2 years (in ₹)?
- 5.A cycle costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹7900 at 3% per year for 1 year (in ₹)?
- 7.A fan costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 8.The price of a bus pass changed from ₹100 to ₹90. What is the percentage decrease?
- 9.What is 85% of 380?
- 10.What is the simple interest on ₹7900 at 8% per year for 3 years (in ₹)?
- 11.A cooler costs ₹1700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 12.A table bought for ₹2600 is sold for ₹3250. What is the profit per cent?
- 13.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 2 years (in ₹)?
- 14.What is 20% of 300?
- 15.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
- 16.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
- 17.What is the simple interest on ₹800 at 7% per year for 3 years (in ₹)?
- 18.What is 25% of 860?
- 19.A table bought for ₹3100 is sold for ₹3875. What is the profit per cent?
- 20.What is 25% of 160?
- 21.What is the simple interest on ₹2800 at 6% per year for 5 years (in ₹)?
- 22.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
- 23.What is the simple interest on ₹1900 at 5% per year for 1 year (in ₹)?
- 24.A mobile phone bought for ₹1600 is sold for ₹1120. What is the loss per cent?
- 25.What is 40% of 340?
- 26.A fan bought for ₹200 is sold for ₹240. What is the profit per cent?
- 27.A cycle costs ₹2300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 28.A fan bought for ₹3600 is sold for ₹3420. What is the loss per cent?
- 29.A mobile phone bought for ₹1500 is sold for ₹1425. What is the loss per cent?
- 30.What is the simple interest on ₹2000 at 5% per year for 1 year (in ₹)?
- 31.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1370. What is the loss (in ₹)?
- 32.What is 5% of 680?
- 33.A cooler bought for ₹2100 is sold for ₹1890. What is the loss per cent?
- 34.What is 10% of 560?
- 35.A fan bought for ₹1800 is sold for ₹1350. What is the loss per cent?
- 36.What is the simple interest on ₹3200 at 9% per year for 5 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹1800 at 10% per year for 3 years (in ₹)?
- 38.What is 40% of 200?
- 39.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹270. What is the profit (in ₹)?
- 40.What is the simple interest on ₹3100 at 11% per year for 3 years (in ₹)?
Answer key
- 2
- 840
- 140
- 5400
- 750
- 237
- 2875
- 10
- 323
- 1896
- 2550
- 25
- 1652
- 60
- 75
- 40
- 168
- 215
- 25
- 40
- 840
- 90
- 95
- 30
- 136
- 20
- 1150
- 5
- 5
- 100
- 230
- 34
- 10
- 56
- 25
- 1440
- 2340
- 80
- 70
- 1023
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