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 mobile phone costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 2.A cricket kit costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 3.A watch bought for ₹700 is sold for ₹616. What is the loss per cent?
- 4.A mobile phone bought for ₹2300 is sold for ₹2024. What is the loss per cent?
- 5.What is the simple interest on ₹2000 at 6% per year for 4 years (in ₹)?
- 6.A shopkeeper buys a watch for ₹950 and sells it for ₹650. What is the loss (in ₹)?
- 7.The price of a school bag changed from ₹100 to ₹10. What is the percentage decrease?
- 8.What is 10% of 780?
- 9.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 3 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹7300 at 10% per year for 3 years (in ₹)?
- 11.What is 85% of 400?
- 12.What is the amount (principal + simple interest) on ₹3100 at 11% per year for 5 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 3 years (in ₹)?
- 14.The price of a school bag changed from ₹80 to ₹60. What is the percentage decrease?
- 15.What is the simple interest on ₹9100 at 5% per year for 1 year (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹6600 at 5% per year for 5 years (in ₹)?
- 17.A mobile phone costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 18.A fan bought for ₹1500 is sold for ₹1200. What is the loss per cent?
- 19.What is the amount (principal + simple interest) on ₹10000 at 8% per year for 5 years (in ₹)?
- 20.The price of a box of mangoes changed from ₹40 to ₹38. What is the percentage decrease?
- 21.What is 20% of 300?
- 22.What is the simple interest on ₹9200 at 10% per year for 3 years (in ₹)?
- 23.What is 25% of 340?
- 24.What is the simple interest on ₹10000 at 3% per year for 5 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 1 year (in ₹)?
- 26.The price of a cricket ball changed from ₹50 to ₹75. What is the percentage increase?
- 27.A cycle costs ₹2300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 28.What is 70% of 240?
- 29.The price of a cricket ball changed from ₹250 to ₹25. What is the percentage decrease?
- 30.What is 55% of 200?
- 31.What is the simple interest on ₹7700 at 10% per year for 3 years (in ₹)?
- 32.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1120. What is the loss (in ₹)?
- 33.The price of a school bag changed from ₹250 to ₹400. What is the percentage increase?
- 34.What is the simple interest on ₹3900 at 12% per year for 1 year (in ₹)?
- 35.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
- 36.The price of a water bottle changed from ₹250 to ₹300. What is the percentage increase?
- 37.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
- 38.A sewing machine costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 39.What is 65% of 560?
- 40.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 5 years (in ₹)?
Answer key
- 4080
- 3248
- 12
- 12
- 480
- 300
- 90
- 78
- 6650
- 9490
- 340
- 4805
- 1635
- 25
- 455
- 8250
- 440
- 20
- 14000
- 5
- 60
- 2760
- 85
- 1500
- 1417
- 50
- 3220
- 168
- 90
- 110
- 2310
- 80
- 60
- 468
- 80
- 20
- 60
- 600
- 364
- 3750
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