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 80% of 900?
- 2.A sewing machine costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 3.What is the simple interest on ₹7000 at 2% per year for 5 years (in ₹)?
- 4.A sewing machine costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 5.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2960. What is the profit (in ₹)?
- 6.The price of a pair of shoes changed from ₹500 to ₹550. What is the percentage increase?
- 7.The price of a water bottle changed from ₹40 to ₹20. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹7900 at 5% per year for 1 year (in ₹)?
- 9.What is the simple interest on ₹3100 at 7% per year for 3 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹9300 at 6% per year for 3 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹3500 at 7% per year for 3 years (in ₹)?
- 12.A mobile phone costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹3200 at 11% per year for 3 years (in ₹)?
- 14.The price of a bus pass changed from ₹100 to ₹125. What is the percentage increase?
- 15.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1170. What is the loss (in ₹)?
- 16.What is the simple interest on ₹7000 at 4% per year for 5 years (in ₹)?
- 17.What is 75% of 740?
- 18.The price of a pair of shoes changed from ₹200 to ₹210. What is the percentage increase?
- 19.What is the simple interest on ₹8200 at 2% per year for 3 years (in ₹)?
- 20.What is 10% of 120?
- 21.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1690. What is the profit (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹4400 at 7% per year for 5 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹5900 at 10% per year for 2 years (in ₹)?
- 24.The price of a school bag changed from ₹50 to ₹75. What is the percentage increase?
- 25.A cooler bought for ₹2600 is sold for ₹3120. What is the profit per cent?
- 26.What is 60% of 920?
- 27.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1180. What is the loss (in ₹)?
- 28.What is the simple interest on ₹9400 at 8% per year for 5 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 3 years (in ₹)?
- 30.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹640. What is the profit (in ₹)?
- 31.A watch bought for ₹1200 is sold for ₹1056. What is the loss per cent?
- 32.A cycle bought for ₹600 is sold for ₹900. What is the profit per cent?
- 33.What is 30% of 600?
- 34.The price of a box of mangoes changed from ₹500 to ₹490. What is the percentage decrease?
- 35.A fan bought for ₹1700 is sold for ₹2040. What is the profit per cent?
- 36.A shopkeeper buys a table for ₹1950 and sells it for ₹2070. What is the profit (in ₹)?
- 37.The price of a bus pass changed from ₹50 to ₹70. What is the percentage increase?
- 38.A watch costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹8500 at 8% per year for 2 years (in ₹)?
- 40.A fan costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
Answer key
- 720
- 1200
- 700
- 4400
- 10
- 10
- 50
- 8295
- 651
- 10974
- 4235
- 3570
- 1056
- 25
- 280
- 1400
- 555
- 5
- 492
- 12
- 40
- 5940
- 7080
- 50
- 20
- 552
- 270
- 3760
- 1120
- 140
- 12
- 50
- 180
- 2
- 20
- 120
- 40
- 510
- 9860
- 3500
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