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 ₹20 to ₹8. What is the percentage decrease?
- 2.A fan costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 3.A cycle costs ₹1100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 4.What is 40% of 600?
- 5.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
- 6.A cycle bought for ₹2200 is sold for ₹2310. What is the profit per cent?
- 7.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1510. What is the loss (in ₹)?
- 8.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
- 9.What is the simple interest on ₹9800 at 9% per year for 1 year (in ₹)?
- 10.A watch costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 2 years (in ₹)?
- 12.A fan bought for ₹2500 is sold for ₹2875. What is the profit per cent?
- 13.A shopkeeper buys a fan for ₹2150 and sells it for ₹2320. What is the profit (in ₹)?
- 14.A shopkeeper buys a fan for ₹1200 and sells it for ₹1420. What is the profit (in ₹)?
- 15.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹3030. What is the profit (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 1 year (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹1200 and sells it for ₹1380. What is the profit (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 2 years (in ₹)?
- 19.A cooler bought for ₹2700 is sold for ₹3510. What is the profit per cent?
- 20.What is 35% of 920?
- 21.A cycle bought for ₹800 is sold for ₹400. What is the loss per cent?
- 22.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2520. What is the profit (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 2 years (in ₹)?
- 24.A mobile phone bought for ₹1400 is sold for ₹1960. What is the profit per cent?
- 25.A shopkeeper buys a fan for ₹2700 and sells it for ₹2410. What is the loss (in ₹)?
- 26.A mobile phone costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 27.What is 15% of 180?
- 28.A table costs ₹1700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 29.A shopkeeper buys a table for ₹2400 and sells it for ₹2270. What is the loss (in ₹)?
- 30.A cooler bought for ₹500 is sold for ₹575. What is the profit per cent?
- 31.What is the simple interest on ₹2200 at 12% per year for 4 years (in ₹)?
- 32.What is the simple interest on ₹1500 at 11% per year for 4 years (in ₹)?
- 33.The price of a box of mangoes changed from ₹100 to ₹110. What is the percentage increase?
- 34.What is 10% of 960?
- 35.What is the simple interest on ₹5300 at 3% per year for 2 years (in ₹)?
- 36.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2600. What is the profit (in ₹)?
- 37.The price of a bus pass changed from ₹400 to ₹420. What is the percentage increase?
- 38.The price of a bus pass changed from ₹20 to ₹28. What is the percentage increase?
- 39.A shopkeeper buys a table for ₹2450 and sells it for ₹2250. What is the loss (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹5500 at 6% per year for 4 years (in ₹)?
Answer key
- 60
- 2016
- 1155
- 240
- 5
- 5
- 190
- 10
- 882
- 5400
- 12000
- 15
- 170
- 220
- 230
- 6195
- 180
- 7128
- 30
- 322
- 50
- 170
- 4560
- 40
- 290
- 2000
- 27
- 850
- 130
- 15
- 1056
- 660
- 10
- 96
- 318
- 100
- 5
- 40
- 200
- 6820
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