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 25% of 420?
- 2.The price of a water bottle changed from ₹50 to ₹10. What is the percentage decrease?
- 3.A fan bought for ₹1600 is sold for ₹2000. What is the profit per cent?
- 4.What is 85% of 1000?
- 5.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1510. What is the profit (in ₹)?
- 6.A sewing machine bought for ₹2300 is sold for ₹1150. What is the loss per cent?
- 7.What is the simple interest on ₹6300 at 11% per year for 3 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a cricket kit for ₹250 and sells it for ₹60. What is the loss (in ₹)?
- 10.A cycle costs ₹3000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 11.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
- 12.The price of a pair of shoes changed from ₹250 to ₹200. What is the percentage decrease?
- 13.A cricket kit bought for ₹3000 is sold for ₹3300. What is the profit per cent?
- 14.What is the amount (principal + simple interest) on ₹9000 at 3% per year for 2 years (in ₹)?
- 15.A shopkeeper buys a cooler for ₹500 and sells it for ₹380. What is the loss (in ₹)?
- 16.A shopkeeper buys a fan for ₹1200 and sells it for ₹950. What is the loss (in ₹)?
- 17.A cooler bought for ₹1500 is sold for ₹1875. What is the profit per cent?
- 18.The price of a bus pass changed from ₹100 to ₹80. What is the percentage decrease?
- 19.A table costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹3000 at 3% per year for 2 years (in ₹)?
- 21.What is the simple interest on ₹5600 at 11% per year for 5 years (in ₹)?
- 22.A sewing machine costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹5500 at 10% per year for 4 years (in ₹)?
- 24.A fan bought for ₹1700 is sold for ₹2380. What is the profit per cent?
- 25.A sewing machine costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 26.What is 80% of 300?
- 27.What is the simple interest on ₹3200 at 2% per year for 1 year (in ₹)?
- 28.What is 90% of 80?
- 29.A mobile phone bought for ₹3900 is sold for ₹2730. What is the loss per cent?
- 30.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 1 year (in ₹)?
- 31.What is the simple interest on ₹4800 at 11% per year for 1 year (in ₹)?
- 32.A sewing machine costs ₹1900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 33.A watch costs ₹2600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 34.The price of a pair of shoes changed from ₹80 to ₹104. What is the percentage increase?
- 35.What is the simple interest on ₹1500 at 12% per year for 5 years (in ₹)?
- 36.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1760. What is the profit (in ₹)?
- 37.What is 30% of 140?
- 38.A cricket kit costs ₹400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 39.A cricket kit bought for ₹3600 is sold for ₹3168. What is the loss per cent?
- 40.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1570. What is the profit (in ₹)?
Answer key
- 105
- 80
- 25
- 850
- 60
- 50
- 2079
- 2312
- 190
- 2250
- 25
- 20
- 10
- 9540
- 120
- 250
- 25
- 20
- 300
- 180
- 3080
- 3256
- 2200
- 40
- 880
- 240
- 64
- 72
- 30
- 1768
- 528
- 1672
- 1950
- 30
- 900
- 110
- 42
- 352
- 12
- 220
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