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 ₹80 to ₹120. What is the percentage increase?
- 2.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2110. What is the loss (in ₹)?
- 3.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 4.What is 65% of 80?
- 5.What is the simple interest on ₹4400 at 7% per year for 5 years (in ₹)?
- 6.What is the simple interest on ₹3400 at 11% per year for 4 years (in ₹)?
- 7.The price of a box of mangoes changed from ₹200 to ₹20. What is the percentage decrease?
- 8.A mobile phone costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.What is 65% of 420?
- 10.A cricket kit costs ₹2200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹5600 at 4% per year for 4 years (in ₹)?
- 12.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1820. What is the loss (in ₹)?
- 13.A shopkeeper buys a fan for ₹2450 and sells it for ₹2690. What is the profit (in ₹)?
- 14.What is the simple interest on ₹6900 at 2% per year for 1 year (in ₹)?
- 15.A cooler costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 16.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2690. What is the loss (in ₹)?
- 17.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1960. What is the profit (in ₹)?
- 18.A sewing machine costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 19.A watch costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹6900 at 6% per year for 3 years (in ₹)?
- 21.A fan bought for ₹3600 is sold for ₹3060. What is the loss per cent?
- 22.A fan costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 23.A mobile phone costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a table for ₹1850 and sells it for ₹1670. What is the loss (in ₹)?
- 25.The price of a box of mangoes changed from ₹200 to ₹260. What is the percentage increase?
- 26.What is the amount (principal + simple interest) on ₹1800 at 11% per year for 1 year (in ₹)?
- 27.The price of a water bottle changed from ₹400 to ₹700. What is the percentage increase?
- 28.A cooler bought for ₹300 is sold for ₹150. What is the loss per cent?
- 29.A cycle bought for ₹700 is sold for ₹840. What is the profit per cent?
- 30.What is 25% of 180?
- 31.A cycle bought for ₹300 is sold for ₹285. What is the loss per cent?
- 32.A cooler bought for ₹500 is sold for ₹440. What is the loss per cent?
- 33.The price of a water bottle changed from ₹100 to ₹120. What is the percentage increase?
- 34.What is 80% of 440?
- 35.What is 90% of 560?
- 36.What is the simple interest on ₹2500 at 10% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2200. What is the profit (in ₹)?
- 38.A cricket kit bought for ₹200 is sold for ₹150. What is the loss per cent?
- 39.What is the simple interest on ₹6400 at 5% per year for 1 year (in ₹)?
- 40.A table costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?
Answer key
- 50
- 190
- 390
- 52
- 1540
- 1496
- 90
- 855
- 273
- 3300
- 896
- 30
- 240
- 138
- 2240
- 110
- 110
- 2850
- 950
- 8142
- 15
- 1904
- 2250
- 180
- 30
- 1998
- 75
- 50
- 20
- 45
- 5
- 12
- 20
- 352
- 504
- 1250
- 50
- 25
- 320
- 1936
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