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 ₹20 to ₹19. What is the percentage decrease?
- 2.A shopkeeper buys a fan for ₹750 and sells it for ₹960. What is the profit (in ₹)?
- 3.A sewing machine costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 4.A sewing machine bought for ₹2500 is sold for ₹1875. What is the loss per cent?
- 5.A shopkeeper buys a watch for ₹300 and sells it for ₹360. What is the profit (in ₹)?
- 6.A shopkeeper buys a watch for ₹1550 and sells it for ₹1840. What is the profit (in ₹)?
- 7.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹8000 at 4% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a table for ₹2450 and sells it for ₹2420. What is the loss (in ₹)?
- 10.A sewing machine bought for ₹2400 is sold for ₹1920. What is the loss per cent?
- 11.What is 5% of 460?
- 12.A fan bought for ₹2600 is sold for ₹1560. What is the loss per cent?
- 13.What is the amount (principal + simple interest) on ₹6300 at 9% per year for 3 years (in ₹)?
- 14.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2200. What is the loss (in ₹)?
- 15.The price of a cricket ball changed from ₹100 to ₹98. What is the percentage decrease?
- 16.A fan bought for ₹2200 is sold for ₹3080. What is the profit per cent?
- 17.A fan bought for ₹3500 is sold for ₹2975. What is the loss per cent?
- 18.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
- 19.The price of a bus pass changed from ₹100 to ₹20. What is the percentage decrease?
- 20.What is 65% of 660?
- 21.A watch costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹800. What is the profit (in ₹)?
- 23.What is 20% of 720?
- 24.A cricket kit costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 25.A cooler costs ₹700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 26.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹420. What is the profit (in ₹)?
- 27.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
- 28.A shopkeeper buys a fan for ₹700 and sells it for ₹600. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 2 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 2 years (in ₹)?
- 31.What is the simple interest on ₹6900 at 11% per year for 3 years (in ₹)?
- 32.A mobile phone costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a cooler for ₹3000 and sells it for ₹2720. What is the loss (in ₹)?
- 34.What is 70% of 1000?
- 35.What is the simple interest on ₹2100 at 12% per year for 2 years (in ₹)?
- 36.What is the simple interest on ₹1900 at 9% per year for 2 years (in ₹)?
- 37.What is 40% of 900?
- 38.What is 5% of 480?
- 39.A shopkeeper buys a table for ₹1400 and sells it for ₹1460. What is the profit (in ₹)?
- 40.The price of a bus pass changed from ₹500 to ₹505. What is the percentage increase?
Answer key
- 5
- 210
- 840
- 25
- 60
- 290
- 50
- 8960
- 30
- 20
- 23
- 40
- 8001
- 250
- 2
- 40
- 15
- 80
- 80
- 429
- 2450
- 100
- 144
- 3120
- 770
- 20
- 80
- 100
- 2080
- 5076
- 2277
- 4290
- 280
- 700
- 504
- 342
- 360
- 24
- 60
- 1
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