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 shopkeeper buys a cycle for ₹650 and sells it for ₹630. What is the loss (in ₹)?
- 2.A shopkeeper buys a fan for ₹750 and sells it for ₹620. What is the loss (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹5800 at 4% per year for 4 years (in ₹)?
- 4.What is the simple interest on ₹900 at 8% per year for 2 years (in ₹)?
- 5.A cricket kit bought for ₹2400 is sold for ₹2112. What is the loss per cent?
- 6.The price of a cricket ball changed from ₹500 to ₹800. What is the percentage increase?
- 7.What is 20% of 100?
- 8.A cycle bought for ₹1400 is sold for ₹1960. What is the profit per cent?
- 9.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 4 years (in ₹)?
- 10.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
- 11.A shopkeeper buys a fan for ₹2200 and sells it for ₹2010. What is the loss (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 1 year (in ₹)?
- 13.A mobile phone bought for ₹400 is sold for ₹320. What is the loss per cent?
- 14.A cycle bought for ₹700 is sold for ₹525. What is the loss per cent?
- 15.A shopkeeper buys a cooler for ₹950 and sells it for ₹820. What is the loss (in ₹)?
- 16.The price of a cricket ball changed from ₹100 to ₹175. What is the percentage increase?
- 17.What is 90% of 260?
- 18.A shopkeeper buys a cooler for ₹2400 and sells it for ₹2560. What is the profit (in ₹)?
- 19.A cricket kit costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 3 years (in ₹)?
- 21.What is 20% of 580?
- 22.What is the simple interest on ₹2000 at 6% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹10000 at 10% per year for 2 years (in ₹)?
- 24.What is the simple interest on ₹5300 at 3% per year for 3 years (in ₹)?
- 25.A shopkeeper buys a table for ₹300 and sells it for ₹340. What is the profit (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹9100 at 4% per year for 2 years (in ₹)?
- 27.A fan bought for ₹900 is sold for ₹990. What is the profit per cent?
- 28.What is 5% of 40?
- 29.What is the amount (principal + simple interest) on ₹4000 at 4% per year for 4 years (in ₹)?
- 30.What is the simple interest on ₹9200 at 9% per year for 5 years (in ₹)?
- 31.The price of a box of mangoes changed from ₹100 to ₹20. What is the percentage decrease?
- 32.A mobile phone costs ₹2000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 33.The price of a school bag changed from ₹500 to ₹490. What is the percentage decrease?
- 34.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 1 year (in ₹)?
- 35.A cricket kit bought for ₹3800 is sold for ₹1900. What is the loss per cent?
- 36.A table costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹2600 at 9% per year for 4 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹5700 at 8% per year for 4 years (in ₹)?
- 39.What is 90% of 560?
- 40.The price of a bus pass changed from ₹200 to ₹20. What is the percentage decrease?
Answer key
- 20
- 130
- 6728
- 144
- 12
- 60
- 20
- 40
- 3996
- 75
- 190
- 4704
- 20
- 25
- 130
- 75
- 234
- 160
- 1375
- 11832
- 116
- 120
- 2000
- 477
- 40
- 9828
- 10
- 2
- 4640
- 4140
- 80
- 2300
- 2
- 8748
- 50
- 380
- 936
- 7524
- 504
- 90
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