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 water bottle changed from ₹20 to ₹24. What is the percentage increase?
- 2.The price of a school bag changed from ₹500 to ₹700. What is the percentage increase?
- 3.A watch bought for ₹2900 is sold for ₹1450. What is the loss per cent?
- 4.What is the simple interest on ₹4100 at 10% per year for 5 years (in ₹)?
- 5.What is 40% of 900?
- 6.What is the amount (principal + simple interest) on ₹8700 at 4% per year for 1 year (in ₹)?
- 7.What is the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
- 8.A mobile phone bought for ₹2900 is sold for ₹3190. What is the profit per cent?
- 9.What is 70% of 420?
- 10.A cycle costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 11.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1660. What is the loss (in ₹)?
- 12.What is 30% of 520?
- 13.The price of a box of mangoes changed from ₹400 to ₹240. What is the percentage decrease?
- 14.A cricket kit bought for ₹600 is sold for ₹690. What is the profit per cent?
- 15.What is the simple interest on ₹9000 at 9% per year for 3 years (in ₹)?
- 16.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
- 17.The price of a water bottle changed from ₹40 to ₹20. What is the percentage decrease?
- 18.What is the simple interest on ₹8900 at 2% per year for 1 year (in ₹)?
- 19.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2890. What is the profit (in ₹)?
- 20.A fan bought for ₹900 is sold for ₹1350. What is the profit per cent?
- 21.A cycle costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹2100 at 5% per year for 4 years (in ₹)?
- 23.What is the simple interest on ₹5400 at 10% per year for 2 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹6900 at 10% per year for 2 years (in ₹)?
- 25.What is the simple interest on ₹5700 at 5% per year for 1 year (in ₹)?
- 26.A sewing machine bought for ₹900 is sold for ₹540. What is the loss per cent?
- 27.A cycle bought for ₹2800 is sold for ₹3360. What is the profit per cent?
- 28.The price of a cricket ball changed from ₹50 to ₹20. What is the percentage decrease?
- 29.What is the amount (principal + simple interest) on ₹1700 at 11% per year for 1 year (in ₹)?
- 30.What is the simple interest on ₹5400 at 11% per year for 4 years (in ₹)?
- 31.What is 20% of 60?
- 32.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹150. What is the loss (in ₹)?
- 33.A table costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 34.A shopkeeper buys a fan for ₹2100 and sells it for ₹2030. What is the loss (in ₹)?
- 35.A shopkeeper buys a fan for ₹1600 and sells it for ₹1890. What is the profit (in ₹)?
- 36.A cooler bought for ₹1200 is sold for ₹1320. What is the profit per cent?
- 37.A cooler bought for ₹400 is sold for ₹440. What is the profit per cent?
- 38.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹530. What is the loss (in ₹)?
- 39.What is 25% of 340?
- 40.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
Answer key
- 20
- 40
- 50
- 2050
- 360
- 9048
- 800
- 10
- 294
- 1040
- 240
- 156
- 40
- 15
- 2430
- 30
- 50
- 178
- 90
- 50
- 945
- 420
- 1080
- 8280
- 285
- 40
- 20
- 60
- 1887
- 2376
- 12
- 150
- 680
- 70
- 290
- 10
- 10
- 220
- 85
- 20
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