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 90% of 800?
- 2.A sewing machine costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 3.What is 20% of 40?
- 4.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 1 year (in ₹)?
- 5.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1650. What is the profit (in ₹)?
- 6.A shopkeeper buys a cooler for ₹250 and sells it for ₹460. What is the profit (in ₹)?
- 7.What is 15% of 400?
- 8.A cycle bought for ₹2900 is sold for ₹2320. What is the loss per cent?
- 9.What is the simple interest on ₹5200 at 9% per year for 4 years (in ₹)?
- 10.The price of a bus pass changed from ₹500 to ₹475. What is the percentage decrease?
- 11.What is the amount (principal + simple interest) on ₹600 at 4% per year for 1 year (in ₹)?
- 12.What is 90% of 880?
- 13.What is the amount (principal + simple interest) on ₹2200 at 8% per year for 4 years (in ₹)?
- 14.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1770. What is the profit (in ₹)?
- 15.What is the simple interest on ₹6500 at 4% per year for 1 year (in ₹)?
- 16.What is 65% of 180?
- 17.A fan costs ₹3600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 18.A table bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 19.A cricket kit bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 20.A cycle costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 21.A sewing machine bought for ₹500 is sold for ₹450. What is the loss per cent?
- 22.What is the simple interest on ₹10000 at 12% per year for 1 year (in ₹)?
- 23.What is 40% of 560?
- 24.A cricket kit costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 25.The price of a bus pass changed from ₹200 to ₹204. What is the percentage increase?
- 26.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
- 27.What is the amount (principal + simple interest) on ₹6900 at 11% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹5500 at 9% per year for 1 year (in ₹)?
- 29.A cycle bought for ₹400 is sold for ₹380. What is the loss per cent?
- 30.What is 45% of 340?
- 31.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1350. What is the profit (in ₹)?
- 32.What is the simple interest on ₹2900 at 5% per year for 4 years (in ₹)?
- 33.What is 25% of 860?
- 34.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2620. What is the profit (in ₹)?
- 35.A fan bought for ₹200 is sold for ₹230. What is the profit per cent?
- 36.The price of a pair of shoes changed from ₹500 to ₹475. What is the percentage decrease?
- 37.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2450. What is the profit (in ₹)?
- 38.A fan bought for ₹1200 is sold for ₹1680. What is the profit per cent?
- 39.What is the simple interest on ₹4100 at 2% per year for 4 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹8300 at 11% per year for 3 years (in ₹)?
Answer key
- 720
- 2352
- 8
- 3120
- 200
- 210
- 60
- 20
- 1872
- 5
- 624
- 792
- 2904
- 120
- 260
- 117
- 4320
- 5
- 20
- 1350
- 10
- 1200
- 224
- 1568
- 2
- 50
- 9936
- 5995
- 5
- 153
- 250
- 580
- 215
- 120
- 15
- 5
- 100
- 40
- 328
- 11039
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