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 ₹600 at 4% per year for 2 years (in ₹)?
- 2.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
- 3.A cricket kit bought for ₹2300 is sold for ₹2760. What is the profit per cent?
- 4.A shopkeeper buys a cycle for ₹250 and sells it for ₹320. What is the profit (in ₹)?
- 5.A cooler bought for ₹3100 is sold for ₹3565. What is the profit per cent?
- 6.A mobile phone bought for ₹2900 is sold for ₹3045. What is the profit per cent?
- 7.A cycle costs ₹800. It is sold at a 10% loss. What is the selling price (in ₹)?
- 8.What is 90% of 660?
- 9.A table costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1680. What is the profit (in ₹)?
- 11.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
- 12.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2080. What is the profit (in ₹)?
- 13.What is 20% of 600?
- 14.What is the amount (principal + simple interest) on ₹10000 at 8% per year for 5 years (in ₹)?
- 15.A fan costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 16.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
- 17.What is the simple interest on ₹6200 at 8% per year for 5 years (in ₹)?
- 18.The price of a box of mangoes changed from ₹20 to ₹38. What is the percentage increase?
- 19.The price of a box of mangoes changed from ₹80 to ₹100. What is the percentage increase?
- 20.What is the amount (principal + simple interest) on ₹2500 at 6% per year for 2 years (in ₹)?
- 21.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
- 22.A fan costs ₹1100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 23.A cycle bought for ₹3200 is sold for ₹3040. What is the loss per cent?
- 24.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹2950. What is the profit (in ₹)?
- 25.A shopkeeper buys a watch for ₹900 and sells it for ₹1120. What is the profit (in ₹)?
- 26.A table bought for ₹2900 is sold for ₹2175. What is the loss per cent?
- 27.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
- 28.The price of a water bottle changed from ₹100 to ₹70. What is the percentage decrease?
- 29.What is 45% of 760?
- 30.What is 95% of 900?
- 31.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2470. What is the loss (in ₹)?
- 33.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹840. What is the loss (in ₹)?
- 34.What is 95% of 140?
- 35.The price of a water bottle changed from ₹50 to ₹20. What is the percentage decrease?
- 36.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹940. What is the loss (in ₹)?
- 37.What is 60% of 160?
- 38.What is 60% of 360?
- 39.A mobile phone costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹6300 at 10% per year for 3 years (in ₹)?
Answer key
- 48
- 2
- 20
- 70
- 15
- 5
- 720
- 594
- 4080
- 130
- 20
- 130
- 120
- 14000
- 1680
- 20
- 2480
- 90
- 25
- 2800
- 10
- 968
- 5
- 200
- 220
- 25
- 80
- 30
- 342
- 855
- 2000
- 280
- 110
- 133
- 60
- 60
- 96
- 216
- 1200
- 1890
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