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 35% of 1000?
- 2.What is the simple interest on ₹3700 at 7% per year for 3 years (in ₹)?
- 3.What is 60% of 300?
- 4.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
- 5.What is the simple interest on ₹5400 at 7% per year for 1 year (in ₹)?
- 6.The price of a cricket ball changed from ₹200 to ₹360. What is the percentage increase?
- 7.A shopkeeper buys a fan for ₹1450 and sells it for ₹1650. What is the profit (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹490. What is the profit (in ₹)?
- 9.A table bought for ₹900 is sold for ₹792. What is the loss per cent?
- 10.What is 10% of 40?
- 11.A cooler costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 12.What is 20% of 40?
- 13.What is the simple interest on ₹5000 at 11% per year for 1 year (in ₹)?
- 14.What is 35% of 660?
- 15.A shopkeeper buys a cooler for ₹850 and sells it for ₹660. What is the loss (in ₹)?
- 16.What is 35% of 80?
- 17.What is the amount (principal + simple interest) on ₹8600 at 12% per year for 4 years (in ₹)?
- 18.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
- 19.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1550. What is the loss (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹9600 at 10% per year for 3 years (in ₹)?
- 21.What is 70% of 380?
- 22.A cricket kit costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 23.A cycle costs ₹700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹6200 at 8% per year for 3 years (in ₹)?
- 25.What is the simple interest on ₹5600 at 6% per year for 5 years (in ₹)?
- 26.A table costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 27.A cooler bought for ₹1000 is sold for ₹1200. What is the profit per cent?
- 28.The price of a bus pass changed from ₹100 to ₹140. What is the percentage increase?
- 29.A sewing machine costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹9500 at 2% per year for 5 years (in ₹)?
- 31.A cycle costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 32.A cricket kit bought for ₹300 is sold for ₹315. What is the profit per cent?
- 33.The price of a pair of shoes changed from ₹200 to ₹196. What is the percentage decrease?
- 34.What is 10% of 160?
- 35.A cricket kit bought for ₹4000 is sold for ₹4480. What is the profit per cent?
- 36.What is 85% of 100?
- 37.What is the simple interest on ₹6500 at 11% per year for 2 years (in ₹)?
- 38.What is the simple interest on ₹3000 at 5% per year for 5 years (in ₹)?
- 39.A mobile phone costs ₹800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2860. What is the profit (in ₹)?
Answer key
- 350
- 777
- 180
- 20
- 378
- 80
- 200
- 90
- 12
- 4
- 945
- 8
- 550
- 231
- 190
- 28
- 12728
- 35
- 200
- 12480
- 266
- 5100
- 420
- 7688
- 1680
- 3255
- 20
- 40
- 1860
- 10450
- 704
- 5
- 2
- 16
- 12
- 85
- 1430
- 750
- 1200
- 10
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