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 95% of 160?
- 2.A cycle costs ₹3500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 3.What is 75% of 740?
- 4.What is 55% of 620?
- 5.A watch costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 6.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹290. What is the loss (in ₹)?
- 7.A cycle bought for ₹2500 is sold for ₹1750. What is the loss per cent?
- 8.The price of a cricket ball changed from ₹400 to ₹404. What is the percentage increase?
- 9.A table costs ₹1700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 10.What is the simple interest on ₹5100 at 9% per year for 3 years (in ₹)?
- 11.A shopkeeper buys a cycle for ₹900 and sells it for ₹1070. What is the profit (in ₹)?
- 12.The price of a pair of shoes changed from ₹500 to ₹450. What is the percentage decrease?
- 13.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
- 14.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
- 15.The price of a water bottle changed from ₹40 to ₹38. What is the percentage decrease?
- 16.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹710. What is the loss (in ₹)?
- 17.A shopkeeper buys a table for ₹2200 and sells it for ₹1980. What is the loss (in ₹)?
- 18.What is the simple interest on ₹5000 at 7% per year for 1 year (in ₹)?
- 19.A shopkeeper buys a fan for ₹1850 and sells it for ₹1820. What is the loss (in ₹)?
- 20.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
- 21.What is the simple interest on ₹2000 at 11% per year for 3 years (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹2100. What is the profit (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹190. What is the loss (in ₹)?
- 24.What is 15% of 840?
- 25.What is the simple interest on ₹2300 at 5% per year for 1 year (in ₹)?
- 26.The price of a school bag changed from ₹20 to ₹2. What is the percentage decrease?
- 27.What is 85% of 780?
- 28.A shopkeeper buys a fan for ₹1400 and sells it for ₹1260. What is the loss (in ₹)?
- 29.A shopkeeper buys a table for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
- 30.The price of a box of mangoes changed from ₹40 to ₹36. What is the percentage decrease?
- 31.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 3 years (in ₹)?
- 32.A mobile phone bought for ₹1400 is sold for ₹1232. What is the loss per cent?
- 33.What is the simple interest on ₹2300 at 2% per year for 4 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹4900 at 3% per year for 1 year (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 1 year (in ₹)?
- 36.A table costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 37.The price of a bus pass changed from ₹50 to ₹49. What is the percentage decrease?
- 38.A cricket kit bought for ₹3200 is sold for ₹4000. What is the profit per cent?
- 39.What is the simple interest on ₹3200 at 2% per year for 1 year (in ₹)?
- 40.What is 75% of 980?
Answer key
- 152
- 4375
- 555
- 341
- 3770
- 210
- 30
- 1
- 2210
- 1377
- 170
- 10
- 60
- 30
- 5
- 140
- 220
- 350
- 30
- 50
- 660
- 250
- 60
- 126
- 115
- 90
- 663
- 140
- 160
- 10
- 1560
- 12
- 184
- 5047
- 5610
- 4256
- 2
- 25
- 64
- 735
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