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 cricket ball changed from ₹20 to ₹26. What is the percentage increase?
- 2.What is the simple interest on ₹6600 at 6% per year for 2 years (in ₹)?
- 3.A cricket kit costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 4.What is 20% of 600?
- 5.A mobile phone bought for ₹3600 is sold for ₹3960. What is the profit per cent?
- 6.What is the amount (principal + simple interest) on ₹4600 at 3% per year for 1 year (in ₹)?
- 7.What is 75% of 760?
- 8.What is 15% of 920?
- 9.A cycle costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 10.A table costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1970. What is the profit (in ₹)?
- 12.A cycle costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹900. What is the loss (in ₹)?
- 14.What is the simple interest on ₹2500 at 10% per year for 3 years (in ₹)?
- 15.A cricket kit bought for ₹2700 is sold for ₹2295. What is the loss per cent?
- 16.What is 80% of 1000?
- 17.What is 85% of 420?
- 18.What is 35% of 980?
- 19.A cycle costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 20.A cooler costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 21.A cycle costs ₹1900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 22.The price of a pair of shoes changed from ₹100 to ₹90. What is the percentage decrease?
- 23.A cycle costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 24.What is 5% of 40?
- 25.A watch bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 26.What is the amount (principal + simple interest) on ₹8800 at 7% per year for 3 years (in ₹)?
- 27.The price of a box of mangoes changed from ₹400 to ₹380. What is the percentage decrease?
- 28.A cricket kit costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹9000 at 12% per year for 4 years (in ₹)?
- 30.A cricket kit costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹4100 at 11% per year for 5 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 1 year (in ₹)?
- 33.The price of a water bottle changed from ₹50 to ₹45. What is the percentage decrease?
- 34.What is the simple interest on ₹2700 at 8% per year for 1 year (in ₹)?
- 35.A cycle costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹500 at 9% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a fan for ₹600 and sells it for ₹730. What is the profit (in ₹)?
- 38.The price of a water bottle changed from ₹200 to ₹50. What is the percentage decrease?
- 39.What is the simple interest on ₹8000 at 6% per year for 1 year (in ₹)?
- 40.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3150. What is the profit (in ₹)?
Answer key
- 30
- 792
- 2450
- 120
- 10
- 4738
- 570
- 138
- 1650
- 1350
- 20
- 5250
- 250
- 750
- 15
- 800
- 357
- 343
- 3060
- 1650
- 2470
- 10
- 700
- 2
- 40
- 10648
- 5
- 2875
- 13320
- 595
- 2255
- 7350
- 10
- 216
- 1950
- 680
- 130
- 75
- 480
- 150
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