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 70% of 100?
- 2.A mobile phone bought for ₹800 is sold for ₹400. What is the loss per cent?
- 3.What is the simple interest on ₹2900 at 6% per year for 3 years (in ₹)?
- 4.A shopkeeper buys a cooler for ₹650 and sells it for ₹660. What is the profit (in ₹)?
- 5.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1170. What is the loss (in ₹)?
- 6.A cricket kit bought for ₹2400 is sold for ₹2760. What is the profit per cent?
- 7.What is the simple interest on ₹9800 at 7% per year for 4 years (in ₹)?
- 8.What is 45% of 160?
- 9.A watch costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 10.A table bought for ₹2700 is sold for ₹2970. What is the profit per cent?
- 11.A mobile phone costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 12.A fan costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 13.A shopkeeper buys a table for ₹650 and sells it for ₹490. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹10000 at 12% per year for 3 years (in ₹)?
- 15.A watch bought for ₹3000 is sold for ₹3750. What is the profit per cent?
- 16.What is 60% of 840?
- 17.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
- 18.What is 90% of 320?
- 19.The price of a pair of shoes changed from ₹20 to ₹16. What is the percentage decrease?
- 20.A cooler costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹900 at 9% per year for 4 years (in ₹)?
- 22.A cycle bought for ₹700 is sold for ₹560. What is the loss per cent?
- 23.A shopkeeper buys a sewing machine for ₹1400 and sells it for ₹1570. What is the profit (in ₹)?
- 24.A shopkeeper buys a watch for ₹2500 and sells it for ₹2790. What is the profit (in ₹)?
- 25.A cooler bought for ₹800 is sold for ₹920. What is the profit per cent?
- 26.What is 20% of 660?
- 27.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
- 28.What is 65% of 820?
- 29.A watch bought for ₹400 is sold for ₹440. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 4 years (in ₹)?
- 31.What is the simple interest on ₹5600 at 5% per year for 4 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 5 years (in ₹)?
- 33.What is 80% of 580?
- 34.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 3 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 5 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹6200 at 12% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a fan for ₹2500 and sells it for ₹2240. What is the loss (in ₹)?
- 38.A sewing machine costs ₹2300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 39.A shopkeeper buys a fan for ₹1200 and sells it for ₹1490. What is the profit (in ₹)?
- 40.A watch costs ₹1300. It is sold at a 15% profit. What is the selling price (in ₹)?
Answer key
- 70
- 50
- 522
- 10
- 280
- 15
- 2744
- 72
- 700
- 10
- 935
- 1020
- 160
- 13600
- 25
- 504
- 60
- 288
- 20
- 320
- 324
- 20
- 170
- 290
- 15
- 132
- 40
- 533
- 10
- 1364
- 1120
- 2550
- 464
- 1380
- 2025
- 9920
- 260
- 2990
- 290
- 1495
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