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 cooler costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.A shopkeeper buys a table for ₹1850 and sells it for ₹1870. What is the profit (in ₹)?
- 3.A cricket kit costs ₹2100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 4.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
- 5.The price of a bus pass changed from ₹400 to ₹396. What is the percentage decrease?
- 6.What is 85% of 380?
- 7.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 4 years (in ₹)?
- 8.What is the simple interest on ₹7800 at 4% per year for 2 years (in ₹)?
- 9.What is the simple interest on ₹3400 at 11% per year for 2 years (in ₹)?
- 10.What is the simple interest on ₹700 at 6% per year for 1 year (in ₹)?
- 11.What is 70% of 260?
- 12.A table bought for ₹2900 is sold for ₹2030. What is the loss per cent?
- 13.What is the simple interest on ₹2400 at 6% per year for 5 years (in ₹)?
- 14.The price of a water bottle changed from ₹40 to ₹48. What is the percentage increase?
- 15.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 3 years (in ₹)?
- 16.What is 75% of 680?
- 17.What is the simple interest on ₹8600 at 11% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹400. What is the loss (in ₹)?
- 19.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
- 20.What is 10% of 440?
- 21.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 2 years (in ₹)?
- 22.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 23.What is 75% of 840?
- 24.A shopkeeper buys a fan for ₹2300 and sells it for ₹2280. What is the loss (in ₹)?
- 25.What is the simple interest on ₹1800 at 5% per year for 3 years (in ₹)?
- 26.What is the simple interest on ₹1500 at 7% per year for 4 years (in ₹)?
- 27.A shopkeeper buys a cricket kit for ₹250 and sells it for ₹80. What is the loss (in ₹)?
- 28.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2790. What is the loss (in ₹)?
- 29.What is 20% of 100?
- 30.A watch bought for ₹2500 is sold for ₹3125. What is the profit per cent?
- 31.The price of a cricket ball changed from ₹400 to ₹700. What is the percentage increase?
- 32.What is 85% of 420?
- 33.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
- 34.A shopkeeper buys a cycle for ₹450 and sells it for ₹150. What is the loss (in ₹)?
- 35.A shopkeeper buys a cycle for ₹650 and sells it for ₹700. What is the profit (in ₹)?
- 36.A fan costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 37.The price of a cricket ball changed from ₹500 to ₹100. What is the percentage decrease?
- 38.What is the amount (principal + simple interest) on ₹2700 at 6% per year for 1 year (in ₹)?
- 39.What is the simple interest on ₹9700 at 7% per year for 2 years (in ₹)?
- 40.What is 80% of 220?
Answer key
- 1350
- 20
- 2520
- 20
- 1
- 323
- 2052
- 624
- 748
- 42
- 182
- 30
- 720
- 20
- 8611
- 510
- 946
- 150
- 80
- 44
- 7314
- 40
- 630
- 20
- 270
- 420
- 170
- 10
- 20
- 25
- 75
- 357
- 25
- 300
- 50
- 2790
- 80
- 2862
- 1358
- 176
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