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 70% of 800?
- 2.What is the simple interest on ₹2700 at 12% per year for 2 years (in ₹)?
- 3.What is the simple interest on ₹500 at 11% per year for 5 years (in ₹)?
- 4.What is the simple interest on ₹1900 at 10% per year for 1 year (in ₹)?
- 5.A table costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 6.A watch bought for ₹3600 is sold for ₹3960. What is the profit per cent?
- 7.A table costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 8.A sewing machine bought for ₹2300 is sold for ₹3450. What is the profit per cent?
- 9.What is the simple interest on ₹3500 at 9% per year for 5 years (in ₹)?
- 10.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹410. What is the loss (in ₹)?
- 11.A mobile phone bought for ₹2300 is sold for ₹2415. What is the profit per cent?
- 12.A mobile phone bought for ₹800 is sold for ₹720. What is the loss per cent?
- 13.What is 75% of 500?
- 14.A cricket kit costs ₹1000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 15.What is 30% of 40?
- 16.A mobile phone bought for ₹3000 is sold for ₹2100. What is the loss per cent?
- 17.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹870. What is the profit (in ₹)?
- 18.The price of a pair of shoes changed from ₹250 to ₹150. What is the percentage decrease?
- 19.A shopkeeper buys a cycle for ₹350 and sells it for ₹570. What is the profit (in ₹)?
- 20.What is 55% of 260?
- 21.The price of a water bottle changed from ₹500 to ₹600. What is the percentage increase?
- 22.A shopkeeper buys a fan for ₹2850 and sells it for ₹2550. What is the loss (in ₹)?
- 23.What is the simple interest on ₹4600 at 6% per year for 2 years (in ₹)?
- 24.The price of a pair of shoes changed from ₹20 to ₹15. What is the percentage decrease?
- 25.What is 20% of 460?
- 26.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 27.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2390. What is the profit (in ₹)?
- 28.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
- 29.What is the amount (principal + simple interest) on ₹8300 at 7% per year for 5 years (in ₹)?
- 30.A cycle costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 31.The price of a pair of shoes changed from ₹250 to ₹175. What is the percentage decrease?
- 32.A shopkeeper buys a table for ₹1400 and sells it for ₹1600. What is the profit (in ₹)?
- 33.A shopkeeper buys a cooler for ₹2100 and sells it for ₹2360. What is the profit (in ₹)?
- 34.A cricket kit bought for ₹3700 is sold for ₹5180. What is the profit per cent?
- 35.A shopkeeper buys a cycle for ₹650 and sells it for ₹920. What is the profit (in ₹)?
- 36.The price of a cricket ball changed from ₹500 to ₹700. What is the percentage increase?
- 37.A sewing machine costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 38.A shopkeeper buys a cycle for ₹500 and sells it for ₹270. What is the loss (in ₹)?
- 39.The price of a pair of shoes changed from ₹400 to ₹100. What is the percentage decrease?
- 40.A sewing machine bought for ₹600 is sold for ₹630. What is the profit per cent?
Answer key
- 560
- 648
- 275
- 190
- 2240
- 10
- 2160
- 50
- 1575
- 90
- 5
- 10
- 375
- 800
- 12
- 30
- 220
- 40
- 220
- 143
- 20
- 300
- 552
- 25
- 92
- 20
- 290
- 60
- 11205
- 5400
- 30
- 200
- 260
- 40
- 270
- 40
- 2565
- 230
- 75
- 5
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