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.What is the simple interest on ₹5000 at 3% per year for 1 year (in ₹)?
- 2.What is 85% of 120?
- 3.A watch bought for ₹200 is sold for ₹190. What is the loss per cent?
- 4.A mobile phone costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 5.A watch costs ₹2400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 6.What is 20% of 860?
- 7.The price of a cricket ball changed from ₹80 to ₹72. What is the percentage decrease?
- 8.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
- 9.A table costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹5600 at 10% per year for 2 years (in ₹)?
- 11.A watch costs ₹2100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 12.What is 85% of 660?
- 13.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 1 year (in ₹)?
- 14.A mobile phone bought for ₹1300 is sold for ₹1235. What is the loss per cent?
- 15.What is the simple interest on ₹7400 at 10% per year for 2 years (in ₹)?
- 16.The price of a cricket ball changed from ₹250 to ₹175. What is the percentage decrease?
- 17.The price of a water bottle changed from ₹400 to ₹600. What is the percentage increase?
- 18.What is the simple interest on ₹8000 at 4% per year for 4 years (in ₹)?
- 19.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1570. What is the loss (in ₹)?
- 20.A table costs ₹2600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 21.The price of a water bottle changed from ₹400 to ₹640. What is the percentage increase?
- 22.What is 45% of 980?
- 23.What is 10% of 500?
- 24.What is the simple interest on ₹5000 at 12% per year for 4 years (in ₹)?
- 25.What is 5% of 760?
- 26.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1930. What is the profit (in ₹)?
- 27.A cooler bought for ₹2200 is sold for ₹3080. What is the profit per cent?
- 28.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 1 year (in ₹)?
- 29.A mobile phone costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 30.The price of a bus pass changed from ₹80 to ₹40. What is the percentage decrease?
- 31.A fan costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 32.A watch bought for ₹3900 is sold for ₹5850. What is the profit per cent?
- 33.What is 75% of 620?
- 34.What is the amount (principal + simple interest) on ₹1300 at 2% per year for 3 years (in ₹)?
- 35.A cooler costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 36.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
- 37.A fan costs ₹2100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 38.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
- 39.What is the amount (principal + simple interest) on ₹7500 at 10% per year for 5 years (in ₹)?
- 40.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹750. What is the loss (in ₹)?
Answer key
- 150
- 102
- 5
- 380
- 2640
- 172
- 10
- 30
- 4000
- 6720
- 2205
- 561
- 2940
- 5
- 1480
- 30
- 50
- 1280
- 30
- 1950
- 60
- 441
- 50
- 2400
- 38
- 80
- 40
- 1100
- 810
- 50
- 230
- 50
- 465
- 1378
- 1200
- 20
- 2415
- 60
- 11250
- 300
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