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.What is 10% of 300?
- 2.The price of a box of mangoes changed from ₹200 to ₹220. What is the percentage increase?
- 3.What is the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
- 4.What is 40% of 920?
- 5.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2420. What is the loss (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 5 years (in ₹)?
- 7.A cycle bought for ₹3600 is sold for ₹4500. What is the profit per cent?
- 8.The price of a school bag changed from ₹40 to ₹20. What is the percentage decrease?
- 9.What is 95% of 380?
- 10.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹2100. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹1300 at 8% per year for 5 years (in ₹)?
- 12.The price of a box of mangoes changed from ₹50 to ₹55. What is the percentage increase?
- 13.What is the amount (principal + simple interest) on ₹1000 at 5% per year for 2 years (in ₹)?
- 14.What is the simple interest on ₹9000 at 3% per year for 2 years (in ₹)?
- 15.A cricket kit costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 3 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹700 at 11% per year for 3 years (in ₹)?
- 18.A cycle costs ₹1800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 19.A watch bought for ₹2000 is sold for ₹1900. What is the loss per cent?
- 20.The price of a water bottle changed from ₹500 to ₹550. What is the percentage increase?
- 21.A shopkeeper buys a table for ₹1850 and sells it for ₹1690. What is the loss (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹480. What is the loss (in ₹)?
- 23.A mobile phone costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a cooler for ₹900 and sells it for ₹1040. What is the profit (in ₹)?
- 25.The price of a water bottle changed from ₹40 to ₹28. What is the percentage decrease?
- 26.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
- 27.A shopkeeper buys a fan for ₹2200 and sells it for ₹1910. What is the loss (in ₹)?
- 28.A cycle costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2650. What is the profit (in ₹)?
- 30.A cricket kit bought for ₹2700 is sold for ₹2025. What is the loss per cent?
- 31.What is the amount (principal + simple interest) on ₹700 at 4% per year for 2 years (in ₹)?
- 32.A fan costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 33.What is 15% of 320?
- 34.The price of a school bag changed from ₹200 to ₹300. What is the percentage increase?
- 35.The price of a pair of shoes changed from ₹50 to ₹90. What is the percentage increase?
- 36.A shopkeeper buys a watch for ₹3000 and sells it for ₹3030. What is the profit (in ₹)?
- 37.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2060. What is the profit (in ₹)?
- 38.A cricket kit costs ₹800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 39.The price of a pair of shoes changed from ₹400 to ₹520. What is the percentage increase?
- 40.What is 90% of 680?
Answer key
- 30
- 10
- 600
- 368
- 280
- 14880
- 25
- 50
- 361
- 100
- 1820
- 10
- 1100
- 540
- 4620
- 6048
- 931
- 1890
- 5
- 10
- 160
- 220
- 1500
- 140
- 30
- 40
- 290
- 3640
- 250
- 25
- 756
- 560
- 48
- 50
- 80
- 30
- 10
- 1040
- 30
- 612
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