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 ₹50 to ₹45. What is the percentage decrease?
- 2.A shopkeeper buys a cooler for ₹900 and sells it for ₹1190. What is the profit (in ₹)?
- 3.The price of a pair of shoes changed from ₹20 to ₹8. What is the percentage decrease?
- 4.A cycle costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 5.A shopkeeper buys a watch for ₹300 and sells it for ₹230. What is the loss (in ₹)?
- 6.A watch bought for ₹2400 is sold for ₹3120. What is the profit per cent?
- 7.A shopkeeper buys a fan for ₹1800 and sells it for ₹2060. What is the profit (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 5 years (in ₹)?
- 9.What is the simple interest on ₹7000 at 11% per year for 5 years (in ₹)?
- 10.A mobile phone costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 11.A cricket kit bought for ₹1600 is sold for ₹1840. What is the profit per cent?
- 12.What is 35% of 300?
- 13.A fan costs ₹1700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 14.What is 80% of 320?
- 15.What is 15% of 160?
- 16.What is the amount (principal + simple interest) on ₹5600 at 8% per year for 2 years (in ₹)?
- 17.A sewing machine costs ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 18.What is 60% of 240?
- 19.What is 80% of 880?
- 20.What is the simple interest on ₹2600 at 3% per year for 1 year (in ₹)?
- 21.A watch costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 22.What is 30% of 820?
- 23.What is the simple interest on ₹5700 at 12% per year for 5 years (in ₹)?
- 24.What is 20% of 680?
- 25.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 1 year (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 3 years (in ₹)?
- 27.What is the simple interest on ₹1200 at 3% per year for 4 years (in ₹)?
- 28.A cycle bought for ₹300 is sold for ₹315. What is the profit per cent?
- 29.A cricket kit costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 30.What is 60% of 520?
- 31.What is the simple interest on ₹2200 at 8% per year for 5 years (in ₹)?
- 32.What is 75% of 560?
- 33.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 2 years (in ₹)?
- 34.What is 25% of 560?
- 35.What is the simple interest on ₹9700 at 8% per year for 2 years (in ₹)?
- 36.What is 35% of 220?
- 37.A shopkeeper buys a cycle for ₹300 and sells it for ₹40. What is the loss (in ₹)?
- 38.A sewing machine costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹9400 at 12% per year for 5 years (in ₹)?
- 40.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3010. What is the profit (in ₹)?
Answer key
- 10
- 290
- 60
- 3480
- 70
- 30
- 260
- 1650
- 3850
- 1725
- 15
- 105
- 2040
- 256
- 24
- 6496
- 250
- 144
- 704
- 78
- 4140
- 246
- 3420
- 136
- 4888
- 6976
- 144
- 5
- 600
- 312
- 880
- 420
- 2040
- 140
- 1552
- 77
- 260
- 2750
- 15040
- 160
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