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 bus pass changed from ₹20 to ₹10. What is the percentage decrease?
- 2.The price of a box of mangoes changed from ₹400 to ₹392. What is the percentage decrease?
- 3.A shopkeeper buys a cycle for ₹750 and sells it for ₹910. What is the profit (in ₹)?
- 4.The price of a school bag changed from ₹40 to ₹8. What is the percentage decrease?
- 5.What is the simple interest on ₹2700 at 6% per year for 3 years (in ₹)?
- 6.What is 40% of 980?
- 7.A watch costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 8.A watch bought for ₹1500 is sold for ₹2250. What is the profit per cent?
- 9.What is the amount (principal + simple interest) on ₹8300 at 9% per year for 2 years (in ₹)?
- 10.What is the simple interest on ₹4200 at 2% per year for 4 years (in ₹)?
- 11.What is 10% of 680?
- 12.A cycle costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 13.What is 60% of 780?
- 14.The price of a school bag changed from ₹200 to ₹198. What is the percentage decrease?
- 15.A table costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 16.A cooler costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹7500 at 3% per year for 1 year (in ₹)?
- 18.What is the simple interest on ₹7300 at 3% per year for 5 years (in ₹)?
- 19.A cricket kit bought for ₹2800 is sold for ₹2240. What is the loss per cent?
- 20.What is the amount (principal + simple interest) on ₹9800 at 7% per year for 5 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹600 at 4% per year for 4 years (in ₹)?
- 22.What is the simple interest on ₹4900 at 3% per year for 2 years (in ₹)?
- 23.A shopkeeper buys a cycle for ₹1100 and sells it for ₹940. What is the loss (in ₹)?
- 24.What is 20% of 380?
- 25.What is 20% of 60?
- 26.The price of a school bag changed from ₹500 to ₹200. What is the percentage decrease?
- 27.A cricket kit costs ₹3700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 28.A shopkeeper buys a cycle for ₹800 and sells it for ₹940. What is the profit (in ₹)?
- 29.A sewing machine costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 30.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
- 31.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 32.The price of a pair of shoes changed from ₹200 to ₹210. What is the percentage increase?
- 33.A shopkeeper buys a mobile phone for ₹2400 and sells it for ₹2200. What is the loss (in ₹)?
- 34.What is 90% of 920?
- 35.What is 5% of 600?
- 36.What is the amount (principal + simple interest) on ₹6500 at 4% per year for 4 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹800 at 11% per year for 3 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹2600 at 4% per year for 5 years (in ₹)?
- 39.The price of a box of mangoes changed from ₹400 to ₹760. What is the percentage increase?
- 40.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹3110. What is the profit (in ₹)?
Answer key
- 50
- 2
- 160
- 80
- 486
- 392
- 3920
- 50
- 9794
- 336
- 68
- 980
- 468
- 1
- 1000
- 3250
- 225
- 1095
- 20
- 13230
- 696
- 294
- 160
- 76
- 12
- 60
- 4625
- 140
- 3800
- 10
- 40
- 5
- 200
- 828
- 30
- 7540
- 1064
- 3120
- 90
- 260
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