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 school bag changed from ₹25 to ₹5. What is the percentage decrease?
- 2.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
- 3.What is 60% of 660?
- 4.A fan bought for ₹3800 is sold for ₹3610. What is the loss per cent?
- 5.What is the simple interest on ₹4200 at 4% per year for 3 years (in ₹)?
- 6.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2950. What is the profit (in ₹)?
- 7.What is the simple interest on ₹8600 at 3% per year for 4 years (in ₹)?
- 8.What is the simple interest on ₹5800 at 2% per year for 4 years (in ₹)?
- 9.What is the simple interest on ₹8800 at 8% per year for 2 years (in ₹)?
- 10.The price of a bus pass changed from ₹100 to ₹99. What is the percentage decrease?
- 11.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 2 years (in ₹)?
- 12.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹870. What is the loss (in ₹)?
- 13.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
- 14.The price of a water bottle changed from ₹20 to ₹10. What is the percentage decrease?
- 15.A watch bought for ₹3800 is sold for ₹4180. What is the profit per cent?
- 16.What is 40% of 820?
- 17.A fan costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 18.What is 25% of 840?
- 19.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2210. What is the loss (in ₹)?
- 20.What is 30% of 880?
- 21.The price of a pair of shoes changed from ₹80 to ₹8. What is the percentage decrease?
- 22.What is 40% of 760?
- 23.What is 60% of 600?
- 24.A watch costs ₹2300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 25.The price of a school bag changed from ₹200 to ₹220. What is the percentage increase?
- 26.What is 70% of 780?
- 27.The price of a bus pass changed from ₹400 to ₹300. What is the percentage decrease?
- 28.What is the simple interest on ₹1500 at 3% per year for 4 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹5100 at 5% per year for 2 years (in ₹)?
- 30.What is 60% of 260?
- 31.A fan costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹1800 at 10% per year for 4 years (in ₹)?
- 33.What is the simple interest on ₹7500 at 9% per year for 4 years (in ₹)?
- 34.A shopkeeper buys a watch for ₹600 and sells it for ₹810. What is the profit (in ₹)?
- 35.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
- 36.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 3 years (in ₹)?
- 37.A mobile phone bought for ₹3900 is sold for ₹3120. What is the loss per cent?
- 38.What is 10% of 320?
- 39.The price of a bus pass changed from ₹50 to ₹10. What is the percentage decrease?
- 40.The price of a bus pass changed from ₹40 to ₹64. What is the percentage increase?
Answer key
- 80
- 30
- 396
- 5
- 504
- 300
- 1032
- 464
- 1408
- 1
- 3456
- 230
- 240
- 50
- 10
- 328
- 920
- 210
- 290
- 264
- 90
- 304
- 360
- 2576
- 10
- 546
- 25
- 180
- 5610
- 156
- 880
- 2520
- 2700
- 210
- 60
- 7420
- 20
- 32
- 80
- 60
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