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 ₹20 to ₹24. What is the percentage increase?
- 2.A shopkeeper buys a cycle for ₹1700 and sells it for ₹1710. What is the profit (in ₹)?
- 3.A sewing machine costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 4.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1060. What is the profit (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 4 years (in ₹)?
- 6.A mobile phone bought for ₹300 is sold for ₹336. What is the profit per cent?
- 7.What is the amount (principal + simple interest) on ₹800 at 5% per year for 5 years (in ₹)?
- 8.What is 95% of 180?
- 9.A mobile phone costs ₹1400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2080. What is the loss (in ₹)?
- 11.What is 70% of 580?
- 12.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 5 years (in ₹)?
- 13.A fan costs ₹2400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 14.The price of a school bag changed from ₹250 to ₹275. What is the percentage increase?
- 15.A cooler costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 1 year (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹800 at 4% per year for 4 years (in ₹)?
- 18.What is the simple interest on ₹4800 at 3% per year for 4 years (in ₹)?
- 19.The price of a school bag changed from ₹50 to ₹65. What is the percentage increase?
- 20.A mobile phone costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹9400 at 3% per year for 4 years (in ₹)?
- 22.What is the simple interest on ₹4000 at 9% per year for 4 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹3800 at 12% per year for 1 year (in ₹)?
- 24.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹380. What is the profit (in ₹)?
- 25.What is the simple interest on ₹8500 at 10% per year for 2 years (in ₹)?
- 26.What is 40% of 100?
- 27.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1550. What is the loss (in ₹)?
- 28.A table bought for ₹1600 is sold for ₹1840. What is the profit per cent?
- 29.A cycle costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 30.A cycle costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 31.A shopkeeper buys a cooler for ₹1000 and sells it for ₹1030. What is the profit (in ₹)?
- 32.A shopkeeper buys a table for ₹2700 and sells it for ₹2840. What is the profit (in ₹)?
- 33.What is 95% of 360?
- 34.A sewing machine costs ₹2900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 35.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
- 36.A cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 37.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹790. What is the loss (in ₹)?
- 38.A watch bought for ₹800 is sold for ₹880. What is the profit per cent?
- 39.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1470. What is the profit (in ₹)?
- 40.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹1750. What is the loss (in ₹)?
Answer key
- 20
- 10
- 210
- 60
- 5676
- 12
- 1000
- 171
- 840
- 170
- 406
- 2970
- 1920
- 10
- 425
- 2940
- 928
- 576
- 30
- 3120
- 10528
- 1440
- 4256
- 180
- 1700
- 40
- 300
- 15
- 2200
- 1320
- 30
- 140
- 342
- 3335
- 90
- 1260
- 110
- 10
- 120
- 250
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