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 sewing machine bought for ₹1100 is sold for ₹1375. What is the profit per cent?
- 2.A shopkeeper buys a table for ₹2600 and sells it for ₹2800. What is the profit (in ₹)?
- 3.What is 40% of 60?
- 4.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 1 year (in ₹)?
- 5.A shopkeeper buys a table for ₹2550 and sells it for ₹2660. What is the profit (in ₹)?
- 6.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
- 7.What is the amount (principal + simple interest) on ₹5600 at 12% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹680. What is the profit (in ₹)?
- 9.What is 70% of 1000?
- 10.What is 85% of 200?
- 11.What is the simple interest on ₹800 at 5% per year for 5 years (in ₹)?
- 12.A shopkeeper buys a watch for ₹2650 and sells it for ₹2420. What is the loss (in ₹)?
- 13.A cycle costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 14.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 15.A sewing machine bought for ₹1400 is sold for ₹1680. What is the profit per cent?
- 16.The price of a bus pass changed from ₹200 to ₹380. What is the percentage increase?
- 17.What is the amount (principal + simple interest) on ₹500 at 10% per year for 1 year (in ₹)?
- 18.What is 75% of 460?
- 19.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 1 year (in ₹)?
- 20.A watch bought for ₹1400 is sold for ₹1120. What is the loss per cent?
- 21.What is 15% of 100?
- 22.What is the simple interest on ₹1800 at 9% per year for 1 year (in ₹)?
- 23.What is 95% of 600?
- 24.What is the simple interest on ₹7200 at 3% per year for 2 years (in ₹)?
- 25.A shopkeeper buys a fan for ₹1100 and sells it for ₹1320. What is the profit (in ₹)?
- 26.A cooler costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 27.A mobile phone bought for ₹900 is sold for ₹1080. What is the profit per cent?
- 28.The price of a box of mangoes changed from ₹100 to ₹130. What is the percentage increase?
- 29.What is 40% of 740?
- 30.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 5 years (in ₹)?
- 31.What is the simple interest on ₹6100 at 12% per year for 1 year (in ₹)?
- 32.What is 65% of 220?
- 33.The price of a school bag changed from ₹80 to ₹112. What is the percentage increase?
- 34.The price of a school bag changed from ₹40 to ₹10. What is the percentage decrease?
- 35.What is the simple interest on ₹9000 at 8% per year for 5 years (in ₹)?
- 36.A cricket kit bought for ₹300 is sold for ₹375. What is the profit per cent?
- 37.The price of a water bottle changed from ₹50 to ₹40. What is the percentage decrease?
- 38.What is 90% of 540?
- 39.What is the amount (principal + simple interest) on ₹6200 at 11% per year for 1 year (in ₹)?
- 40.What is 75% of 980?
Answer key
- 25
- 200
- 24
- 3744
- 110
- 2
- 6272
- 80
- 700
- 170
- 200
- 230
- 3136
- 20
- 20
- 90
- 550
- 345
- 6678
- 20
- 15
- 162
- 570
- 432
- 220
- 1750
- 20
- 30
- 296
- 3640
- 732
- 143
- 40
- 75
- 3600
- 25
- 20
- 486
- 6882
- 735
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