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 box of mangoes changed from ₹250 to ₹150. What is the percentage decrease?
- 2.What is 25% of 220?
- 3.A mobile phone costs ₹2000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 4.What is the simple interest on ₹5400 at 12% per year for 4 years (in ₹)?
- 5.What is the simple interest on ₹4300 at 7% per year for 3 years (in ₹)?
- 6.A cricket kit bought for ₹1300 is sold for ₹1144. What is the loss per cent?
- 7.What is 10% of 320?
- 8.What is the amount (principal + simple interest) on ₹7500 at 9% per year for 2 years (in ₹)?
- 9.The price of a school bag changed from ₹20 to ₹8. What is the percentage decrease?
- 10.What is the simple interest on ₹8800 at 7% per year for 3 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 2 years (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹10000 at 2% per year for 1 year (in ₹)?
- 13.A shopkeeper buys a watch for ₹1450 and sells it for ₹1320. What is the loss (in ₹)?
- 14.A shopkeeper buys a cycle for ₹1100 and sells it for ₹930. What is the loss (in ₹)?
- 15.A cooler bought for ₹1300 is sold for ₹1430. What is the profit per cent?
- 16.The price of a box of mangoes changed from ₹80 to ₹152. What is the percentage increase?
- 17.A table costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 18.A fan costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 19.A mobile phone bought for ₹2600 is sold for ₹2470. What is the loss per cent?
- 20.A watch costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 21.The price of a cricket ball changed from ₹400 to ₹640. What is the percentage increase?
- 22.What is 35% of 620?
- 23.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2890. What is the profit (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2070. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹1900 at 6% per year for 1 year (in ₹)?
- 26.What is the simple interest on ₹4500 at 8% per year for 3 years (in ₹)?
- 27.What is the simple interest on ₹1700 at 8% per year for 3 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹7600 at 12% per year for 2 years (in ₹)?
- 29.What is 15% of 620?
- 30.A table bought for ₹400 is sold for ₹500. What is the profit per cent?
- 31.What is the simple interest on ₹3500 at 2% per year for 3 years (in ₹)?
- 32.A cycle costs ₹3900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 33.A table costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹6500 at 12% per year for 4 years (in ₹)?
- 35.A cycle costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹3300 at 4% per year for 5 years (in ₹)?
- 37.A cycle bought for ₹700 is sold for ₹560. What is the loss per cent?
- 38.A shopkeeper buys a fan for ₹2550 and sells it for ₹2680. What is the profit (in ₹)?
- 39.A watch costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 40.A mobile phone bought for ₹1700 is sold for ₹2550. What is the profit per cent?
Answer key
- 40
- 55
- 2400
- 2592
- 903
- 12
- 32
- 8850
- 60
- 1848
- 2704
- 10200
- 130
- 170
- 10
- 90
- 1800
- 2640
- 5
- 525
- 60
- 217
- 190
- 80
- 2014
- 1080
- 408
- 9424
- 93
- 25
- 210
- 3510
- 450
- 9620
- 1330
- 660
- 20
- 130
- 360
- 50
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