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 45% of 520?
- 2.What is the amount (principal + simple interest) on ₹600 at 7% per year for 3 years (in ₹)?
- 3.The price of a cricket ball changed from ₹100 to ₹50. What is the percentage decrease?
- 4.A shopkeeper buys a watch for ₹1250 and sells it for ₹1430. What is the profit (in ₹)?
- 5.A shopkeeper buys a watch for ₹750 and sells it for ₹850. What is the profit (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹7000 at 4% per year for 2 years (in ₹)?
- 7.A table bought for ₹2100 is sold for ₹1470. What is the loss per cent?
- 8.A table costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 9.What is 5% of 900?
- 10.What is 40% of 800?
- 11.A fan costs ₹3100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 12.What is the simple interest on ₹1200 at 9% per year for 5 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3000 at 11% per year for 3 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 3 years (in ₹)?
- 15.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2210. What is the profit (in ₹)?
- 16.A mobile phone costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹2300 at 4% per year for 2 years (in ₹)?
- 18.A sewing machine bought for ₹1600 is sold for ₹2240. What is the profit per cent?
- 19.What is the simple interest on ₹6500 at 4% per year for 2 years (in ₹)?
- 20.What is 65% of 740?
- 21.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
- 22.What is 35% of 140?
- 23.The price of a pair of shoes changed from ₹250 to ₹125. What is the percentage decrease?
- 24.A sewing machine costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 25.What is 35% of 860?
- 26.What is 20% of 980?
- 27.The price of a bus pass changed from ₹250 to ₹475. What is the percentage increase?
- 28.What is the simple interest on ₹9900 at 11% per year for 5 years (in ₹)?
- 29.The price of a bus pass changed from ₹50 to ₹5. What is the percentage decrease?
- 30.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹2990. What is the loss (in ₹)?
- 31.A table bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 32.What is the simple interest on ₹7800 at 10% per year for 2 years (in ₹)?
- 33.A mobile phone bought for ₹1300 is sold for ₹910. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹6900 at 12% per year for 3 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 5 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹7800 at 11% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹590. What is the profit (in ₹)?
- 38.The price of a cricket ball changed from ₹200 to ₹350. What is the percentage increase?
- 39.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
- 40.What is the simple interest on ₹3200 at 10% per year for 3 years (in ₹)?
Answer key
- 234
- 726
- 50
- 180
- 100
- 7560
- 30
- 770
- 45
- 320
- 2728
- 540
- 3990
- 7392
- 10
- 1900
- 184
- 40
- 520
- 481
- 20
- 49
- 50
- 3325
- 301
- 196
- 90
- 5445
- 90
- 10
- 25
- 1560
- 30
- 9384
- 7625
- 12090
- 190
- 75
- 20
- 960
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