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 pair of shoes changed from ₹250 to ₹275. What is the percentage increase?
- 2.What is 90% of 620?
- 3.A cooler bought for ₹1700 is sold for ₹1360. What is the loss per cent?
- 4.What is the amount (principal + simple interest) on ₹6600 at 3% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹1600 at 4% per year for 3 years (in ₹)?
- 6.A cycle bought for ₹2100 is sold for ₹1050. What is the loss per cent?
- 7.A cooler costs ₹3200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 8.A watch costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.What is the simple interest on ₹5100 at 9% per year for 2 years (in ₹)?
- 10.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1980. What is the profit (in ₹)?
- 11.The price of a pair of shoes changed from ₹40 to ₹28. What is the percentage decrease?
- 12.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1720. What is the profit (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹4800 at 2% per year for 1 year (in ₹)?
- 14.What is the simple interest on ₹1200 at 2% per year for 5 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹3900 at 7% per year for 3 years (in ₹)?
- 16.A table costs ₹3100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 17.What is 30% of 920?
- 18.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
- 19.What is 75% of 580?
- 20.A watch costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 21.What is 70% of 300?
- 22.A mobile phone costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 23.A watch bought for ₹1800 is sold for ₹1584. What is the loss per cent?
- 24.What is the amount (principal + simple interest) on ₹1600 at 8% per year for 5 years (in ₹)?
- 25.A table bought for ₹2700 is sold for ₹3024. What is the profit per cent?
- 26.The price of a water bottle changed from ₹50 to ₹40. What is the percentage decrease?
- 27.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
- 28.What is 20% of 100?
- 29.What is the amount (principal + simple interest) on ₹7600 at 12% per year for 3 years (in ₹)?
- 30.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1810. What is the profit (in ₹)?
- 31.What is 5% of 320?
- 32.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
- 33.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹3210. What is the profit (in ₹)?
- 34.A fan bought for ₹1000 is sold for ₹900. What is the loss per cent?
- 35.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
- 36.What is 95% of 920?
- 37.What is 20% of 160?
- 38.A sewing machine costs ₹3100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 39.What is the simple interest on ₹4200 at 3% per year for 1 year (in ₹)?
- 40.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2750. What is the profit (in ₹)?
Answer key
- 10
- 558
- 20
- 7590
- 192
- 50
- 2400
- 1140
- 918
- 80
- 30
- 70
- 4896
- 120
- 4719
- 3720
- 276
- 25
- 435
- 2310
- 210
- 875
- 12
- 2240
- 12
- 20
- 2
- 20
- 10336
- 260
- 16
- 60
- 260
- 10
- 80
- 874
- 32
- 3565
- 126
- 100
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