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.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
- 2.What is 90% of 320?
- 3.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 3 years (in ₹)?
- 4.What is the simple interest on ₹4000 at 9% per year for 5 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 2 years (in ₹)?
- 6.The price of a school bag changed from ₹400 to ₹700. What is the percentage increase?
- 7.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2800. What is the loss (in ₹)?
- 8.What is the simple interest on ₹1800 at 4% per year for 1 year (in ₹)?
- 9.What is 85% of 680?
- 10.A cricket kit bought for ₹700 is sold for ₹840. What is the profit per cent?
- 11.A mobile phone costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 12.A cricket kit costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a fan for ₹2800 and sells it for ₹2960. What is the profit (in ₹)?
- 14.What is the simple interest on ₹700 at 10% per year for 1 year (in ₹)?
- 15.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1300. What is the loss (in ₹)?
- 16.What is the simple interest on ₹2000 at 4% per year for 5 years (in ₹)?
- 17.What is 5% of 460?
- 18.A sewing machine costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 19.What is 15% of 440?
- 20.A cooler bought for ₹2300 is sold for ₹1150. What is the loss per cent?
- 21.What is 30% of 60?
- 22.What is 70% of 780?
- 23.What is the simple interest on ₹6000 at 10% per year for 4 years (in ₹)?
- 24.The price of a pair of shoes changed from ₹500 to ₹800. What is the percentage increase?
- 25.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
- 26.What is the simple interest on ₹3200 at 2% per year for 4 years (in ₹)?
- 27.A cricket kit bought for ₹2900 is sold for ₹3190. What is the profit per cent?
- 28.A sewing machine bought for ₹4000 is sold for ₹4800. What is the profit per cent?
- 29.A cycle bought for ₹500 is sold for ₹475. What is the loss per cent?
- 30.The price of a box of mangoes changed from ₹250 to ₹275. What is the percentage increase?
- 31.A fan costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 32.A watch costs ₹500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹8900 at 9% per year for 3 years (in ₹)?
- 34.A sewing machine bought for ₹200 is sold for ₹140. What is the loss per cent?
- 35.A cricket kit costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 36.What is 25% of 840?
- 37.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3060. What is the profit (in ₹)?
- 38.A shopkeeper buys a table for ₹1150 and sells it for ₹1270. What is the profit (in ₹)?
- 39.What is the simple interest on ₹1500 at 5% per year for 3 years (in ₹)?
- 40.A cooler bought for ₹400 is sold for ₹352. What is the loss per cent?
Answer key
- 10
- 288
- 4248
- 1800
- 4240
- 75
- 150
- 72
- 578
- 20
- 1955
- 4140
- 160
- 70
- 250
- 400
- 23
- 4025
- 66
- 50
- 18
- 546
- 2400
- 60
- 25
- 256
- 10
- 20
- 5
- 10
- 1265
- 750
- 2403
- 30
- 3570
- 210
- 60
- 120
- 225
- 12
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