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 80% of 40?
- 2.The price of a water bottle changed from ₹500 to ₹525. What is the percentage increase?
- 3.The price of a box of mangoes changed from ₹400 to ₹280. What is the percentage decrease?
- 4.What is 35% of 460?
- 5.What is the simple interest on ₹4700 at 5% per year for 1 year (in ₹)?
- 6.A sewing machine costs ₹2200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 7.A watch bought for ₹500 is sold for ₹550. What is the profit per cent?
- 8.A shopkeeper buys a watch for ₹850 and sells it for ₹960. What is the profit (in ₹)?
- 9.The price of a bus pass changed from ₹20 to ₹28. What is the percentage increase?
- 10.A cooler costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 11.A cycle bought for ₹600 is sold for ₹720. What is the profit per cent?
- 12.The price of a bus pass changed from ₹500 to ₹300. What is the percentage decrease?
- 13.The price of a school bag changed from ₹20 to ₹22. What is the percentage increase?
- 14.What is the amount (principal + simple interest) on ₹4800 at 8% per year for 1 year (in ₹)?
- 15.The price of a pair of shoes changed from ₹200 to ₹380. What is the percentage increase?
- 16.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 1 year (in ₹)?
- 17.A sewing machine bought for ₹600 is sold for ₹510. What is the loss per cent?
- 18.The price of a cricket ball changed from ₹400 to ₹560. What is the percentage increase?
- 19.What is the amount (principal + simple interest) on ₹5900 at 3% per year for 3 years (in ₹)?
- 20.What is 85% of 400?
- 21.A cooler bought for ₹500 is sold for ₹700. What is the profit per cent?
- 22.What is the simple interest on ₹3400 at 5% per year for 5 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2100 at 6% per year for 4 years (in ₹)?
- 24.What is 65% of 260?
- 25.What is the amount (principal + simple interest) on ₹500 at 2% per year for 2 years (in ₹)?
- 26.The price of a cricket ball changed from ₹40 to ₹8. What is the percentage decrease?
- 27.A cycle costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 28.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹1270. What is the profit (in ₹)?
- 29.What is the simple interest on ₹1500 at 8% per year for 4 years (in ₹)?
- 30.The price of a bus pass changed from ₹40 to ₹48. What is the percentage increase?
- 31.A cycle bought for ₹2600 is sold for ₹2340. What is the loss per cent?
- 32.A cooler costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 4 years (in ₹)?
- 34.What is the simple interest on ₹5900 at 7% per year for 1 year (in ₹)?
- 35.A cycle costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 36.A fan costs ₹2100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 37.The price of a cricket ball changed from ₹250 to ₹25. What is the percentage decrease?
- 38.A table costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹6300 at 2% per year for 1 year (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹5300 at 4% per year for 4 years (in ₹)?
Answer key
- 32
- 5
- 30
- 161
- 235
- 2640
- 10
- 110
- 40
- 1440
- 20
- 40
- 10
- 5184
- 90
- 9116
- 15
- 40
- 6431
- 340
- 40
- 850
- 2604
- 169
- 520
- 80
- 3520
- 220
- 480
- 20
- 10
- 1080
- 2160
- 413
- 4290
- 1575
- 90
- 2775
- 6426
- 6148
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