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 cricket kit bought for ₹300 is sold for ₹450. What is the profit per cent?
- 2.What is 35% of 860?
- 3.The price of a water bottle changed from ₹40 to ₹60. What is the percentage increase?
- 4.What is the simple interest on ₹4700 at 2% per year for 1 year (in ₹)?
- 5.The price of a bus pass changed from ₹40 to ₹48. What is the percentage increase?
- 6.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1240. What is the loss (in ₹)?
- 7.What is the simple interest on ₹1400 at 3% per year for 3 years (in ₹)?
- 8.What is 95% of 140?
- 9.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2470. What is the loss (in ₹)?
- 10.What is 5% of 980?
- 11.What is the amount (principal + simple interest) on ₹9900 at 7% per year for 1 year (in ₹)?
- 12.A table costs ₹2100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3600 at 2% per year for 5 years (in ₹)?
- 14.What is the simple interest on ₹3600 at 2% per year for 2 years (in ₹)?
- 15.What is the simple interest on ₹3600 at 10% per year for 3 years (in ₹)?
- 16.The price of a box of mangoes changed from ₹20 to ₹4. What is the percentage decrease?
- 17.A cricket kit bought for ₹4000 is sold for ₹3520. What is the loss per cent?
- 18.A cycle costs ₹700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹2200 at 6% per year for 1 year (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 4 years (in ₹)?
- 21.A cricket kit bought for ₹1800 is sold for ₹2070. What is the profit per cent?
- 22.What is the simple interest on ₹2900 at 7% per year for 2 years (in ₹)?
- 23.What is 70% of 640?
- 24.The price of a box of mangoes changed from ₹40 to ₹30. What is the percentage decrease?
- 25.A cycle costs ₹3300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 26.A mobile phone bought for ₹3200 is sold for ₹2880. What is the loss per cent?
- 27.A fan costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 28.A cricket kit costs ₹2400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 29.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
- 30.A cricket kit bought for ₹3700 is sold for ₹2960. What is the loss per cent?
- 31.What is the simple interest on ₹3200 at 8% per year for 3 years (in ₹)?
- 32.A cricket kit costs ₹1700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹9900 at 4% per year for 3 years (in ₹)?
- 34.What is 60% of 900?
- 35.A cycle costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹800 at 5% per year for 2 years (in ₹)?
- 37.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2920. What is the profit (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹2600 at 5% per year for 5 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 3 years (in ₹)?
- 40.The price of a school bag changed from ₹40 to ₹10. What is the percentage decrease?
Answer key
- 50
- 301
- 50
- 94
- 20
- 260
- 126
- 133
- 280
- 49
- 10593
- 1260
- 3960
- 144
- 1080
- 80
- 12
- 560
- 132
- 1768
- 15
- 406
- 448
- 25
- 3960
- 10
- 900
- 3000
- 30
- 20
- 768
- 2210
- 1188
- 540
- 4256
- 880
- 270
- 3250
- 1936
- 75
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