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 ₹80 to ₹88. What is the percentage increase?
- 2.A cycle bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 3.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹400. What is the profit (in ₹)?
- 4.A cricket kit bought for ₹700 is sold for ₹630. What is the loss per cent?
- 5.What is the amount (principal + simple interest) on ₹2700 at 11% per year for 5 years (in ₹)?
- 6.What is 35% of 100?
- 7.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 1 year (in ₹)?
- 8.A cycle costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 9.What is 85% of 700?
- 10.A shopkeeper buys a table for ₹1550 and sells it for ₹1270. What is the loss (in ₹)?
- 11.What is 70% of 620?
- 12.A fan costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 13.A watch costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹1600 at 6% per year for 4 years (in ₹)?
- 15.A cycle bought for ₹700 is sold for ₹630. What is the loss per cent?
- 16.What is 45% of 580?
- 17.What is the simple interest on ₹5200 at 8% per year for 3 years (in ₹)?
- 18.A cooler bought for ₹3700 is sold for ₹4625. What is the profit per cent?
- 19.A fan costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 20.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹2650. What is the loss (in ₹)?
- 21.A shopkeeper buys a table for ₹2700 and sells it for ₹2720. What is the profit (in ₹)?
- 22.What is 40% of 700?
- 23.What is 5% of 980?
- 24.A shopkeeper buys a cycle for ₹500 and sells it for ₹730. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹600 at 5% per year for 4 years (in ₹)?
- 26.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1710. What is the loss (in ₹)?
- 27.A mobile phone bought for ₹800 is sold for ₹560. What is the loss per cent?
- 28.A watch bought for ₹800 is sold for ₹1000. What is the profit per cent?
- 29.A cycle bought for ₹3300 is sold for ₹3630. What is the profit per cent?
- 30.A mobile phone bought for ₹1500 is sold for ₹1050. What is the loss per cent?
- 31.The price of a water bottle changed from ₹500 to ₹350. What is the percentage decrease?
- 32.The price of a school bag changed from ₹400 to ₹600. What is the percentage increase?
- 33.The price of a water bottle changed from ₹50 to ₹75. What is the percentage increase?
- 34.A table bought for ₹2500 is sold for ₹2750. What is the profit per cent?
- 35.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1810. What is the profit (in ₹)?
- 36.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
- 37.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
- 38.A fan costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 39.What is 15% of 860?
- 40.What is 90% of 120?
Answer key
- 10
- 12
- 150
- 10
- 4185
- 35
- 1957
- 2520
- 595
- 280
- 434
- 280
- 3000
- 384
- 10
- 261
- 1248
- 25
- 2610
- 250
- 20
- 280
- 49
- 230
- 720
- 190
- 30
- 25
- 10
- 30
- 30
- 50
- 50
- 10
- 110
- 20
- 50
- 792
- 129
- 108
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