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 watch bought for ₹2900 is sold for ₹4060. What is the profit per cent?
- 2.A mobile phone costs ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 1 year (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 2 years (in ₹)?
- 5.A shopkeeper buys a cooler for ₹900 and sells it for ₹620. What is the loss (in ₹)?
- 6.A fan costs ₹900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.The price of a pair of shoes changed from ₹100 to ₹150. What is the percentage increase?
- 8.What is the amount (principal + simple interest) on ₹9500 at 5% per year for 4 years (in ₹)?
- 9.A shopkeeper buys a watch for ₹2600 and sells it for ₹2770. What is the profit (in ₹)?
- 10.The price of a water bottle changed from ₹80 to ₹84. What is the percentage increase?
- 11.A cycle bought for ₹3100 is sold for ₹2480. What is the loss per cent?
- 12.A shopkeeper buys a cycle for ₹750 and sells it for ₹980. What is the profit (in ₹)?
- 13.The price of a school bag changed from ₹200 to ₹100. What is the percentage decrease?
- 14.What is 35% of 160?
- 15.What is 20% of 740?
- 16.A watch bought for ₹3400 is sold for ₹5100. What is the profit per cent?
- 17.The price of a pair of shoes changed from ₹100 to ₹10. What is the percentage decrease?
- 18.What is the amount (principal + simple interest) on ₹1800 at 9% per year for 4 years (in ₹)?
- 19.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
- 20.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 1 year (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 4 years (in ₹)?
- 22.A fan bought for ₹2900 is sold for ₹2320. What is the loss per cent?
- 23.What is 5% of 60?
- 24.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2480. What is the profit (in ₹)?
- 25.The price of a cricket ball changed from ₹50 to ₹45. What is the percentage decrease?
- 26.The price of a box of mangoes changed from ₹200 to ₹160. What is the percentage decrease?
- 27.A cricket kit bought for ₹2200 is sold for ₹1980. What is the loss per cent?
- 28.A cycle costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹2100 at 9% per year for 2 years (in ₹)?
- 30.The price of a pair of shoes changed from ₹200 to ₹180. What is the percentage decrease?
- 31.What is 40% of 760?
- 32.The price of a water bottle changed from ₹80 to ₹104. What is the percentage increase?
- 33.What is 55% of 660?
- 34.What is the amount (principal + simple interest) on ₹9900 at 5% per year for 1 year (in ₹)?
- 35.The price of a bus pass changed from ₹200 to ₹80. What is the percentage decrease?
- 36.What is the amount (principal + simple interest) on ₹8600 at 7% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
- 38.A cycle bought for ₹1900 is sold for ₹2185. What is the profit per cent?
- 39.What is 90% of 280?
- 40.What is 55% of 760?
Answer key
- 40
- 3150
- 10656
- 3224
- 280
- 1125
- 50
- 11400
- 170
- 5
- 20
- 230
- 50
- 56
- 148
- 50
- 90
- 2448
- 20
- 7918
- 8848
- 20
- 3
- 80
- 10
- 20
- 10
- 210
- 378
- 10
- 304
- 30
- 363
- 10395
- 60
- 11008
- 160
- 15
- 252
- 418
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