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.A shopkeeper buys a cycle for ₹350 and sells it for ₹280. What is the loss (in ₹)?
- 2.What is the simple interest on ₹3900 at 4% per year for 1 year (in ₹)?
- 3.The price of a school bag changed from ₹400 to ₹100. What is the percentage decrease?
- 4.What is the amount (principal + simple interest) on ₹5600 at 4% per year for 2 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹9000 at 5% per year for 1 year (in ₹)?
- 6.What is 30% of 60?
- 7.The price of a water bottle changed from ₹50 to ₹45. What is the percentage decrease?
- 8.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹180. What is the loss (in ₹)?
- 9.What is 10% of 500?
- 10.What is 40% of 200?
- 11.A cycle costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 12.A cycle costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹1100 at 8% per year for 3 years (in ₹)?
- 14.A cricket kit costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 15.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
- 16.What is 65% of 760?
- 17.The price of a cricket ball changed from ₹20 to ₹24. What is the percentage increase?
- 18.What is the amount (principal + simple interest) on ₹2900 at 4% per year for 3 years (in ₹)?
- 19.A shopkeeper buys a watch for ₹850 and sells it for ₹810. What is the loss (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹2300 at 8% per year for 5 years (in ₹)?
- 21.What is 55% of 900?
- 22.What is 45% of 180?
- 23.A cricket kit costs ₹2800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 24.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
- 25.What is 35% of 740?
- 26.A cooler costs ₹500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 27.What is 90% of 820?
- 28.What is 35% of 640?
- 29.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2640. What is the loss (in ₹)?
- 30.The price of a water bottle changed from ₹20 to ₹38. What is the percentage increase?
- 31.A watch costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 32.A shopkeeper buys a cycle for ₹250 and sells it for ₹120. What is the loss (in ₹)?
- 33.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 34.The price of a pair of shoes changed from ₹20 to ₹19. What is the percentage decrease?
- 35.What is the amount (principal + simple interest) on ₹5500 at 9% per year for 3 years (in ₹)?
- 36.What is 55% of 700?
- 37.What is the simple interest on ₹700 at 11% per year for 2 years (in ₹)?
- 38.A mobile phone costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 39.A shopkeeper buys a cycle for ₹850 and sells it for ₹570. What is the loss (in ₹)?
- 40.What is 15% of 620?
Answer key
- 70
- 156
- 75
- 6048
- 9450
- 18
- 10
- 170
- 50
- 80
- 750
- 2100
- 264
- 160
- 20
- 494
- 20
- 3248
- 40
- 3220
- 495
- 81
- 2100
- 20
- 259
- 625
- 738
- 224
- 60
- 90
- 1800
- 130
- 20
- 5
- 6985
- 385
- 154
- 2375
- 280
- 93
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