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 60% of 780?
- 2.A watch costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 3.What is 95% of 500?
- 4.What is 90% of 340?
- 5.A watch costs ₹3600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a fan for ₹1000 and sells it for ₹860. What is the loss (in ₹)?
- 7.A shopkeeper buys a cycle for ₹1900 and sells it for ₹2190. What is the profit (in ₹)?
- 8.A fan bought for ₹2900 is sold for ₹3045. What is the profit per cent?
- 9.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2430. What is the profit (in ₹)?
- 10.A mobile phone costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹9300 at 11% per year for 2 years (in ₹)?
- 12.A shopkeeper buys a fan for ₹1750 and sells it for ₹1650. What is the loss (in ₹)?
- 13.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
- 14.What is the simple interest on ₹1600 at 3% per year for 3 years (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2020. What is the loss (in ₹)?
- 16.A shopkeeper buys a fan for ₹300 and sells it for ₹370. What is the profit (in ₹)?
- 17.What is 55% of 480?
- 18.A cricket kit costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 3 years (in ₹)?
- 20.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
- 21.What is the amount (principal + simple interest) on ₹9000 at 10% per year for 5 years (in ₹)?
- 22.A cycle costs ₹1100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 3 years (in ₹)?
- 24.What is 15% of 120?
- 25.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 1 year (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹1700 at 8% per year for 5 years (in ₹)?
- 27.The price of a bus pass changed from ₹100 to ₹120. What is the percentage increase?
- 28.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 1 year (in ₹)?
- 29.A shopkeeper buys a cycle for ₹250 and sells it for ₹320. What is the profit (in ₹)?
- 30.What is 75% of 960?
- 31.What is 70% of 880?
- 32.A mobile phone costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹3800 at 6% per year for 4 years (in ₹)?
- 34.A cycle bought for ₹200 is sold for ₹120. What is the loss per cent?
- 35.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2260. What is the loss (in ₹)?
- 36.The price of a box of mangoes changed from ₹100 to ₹102. What is the percentage increase?
- 37.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1840. What is the profit (in ₹)?
- 38.A watch costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.The price of a bus pass changed from ₹400 to ₹200. What is the percentage decrease?
- 40.The price of a box of mangoes changed from ₹80 to ₹144. What is the percentage increase?
Answer key
- 468
- 1265
- 475
- 306
- 3240
- 140
- 290
- 5
- 30
- 4875
- 2046
- 100
- 30
- 144
- 130
- 70
- 264
- 4250
- 4142
- 25
- 13500
- 1155
- 1308
- 18
- 1210
- 2380
- 20
- 1100
- 70
- 720
- 616
- 315
- 912
- 40
- 240
- 2
- 90
- 1430
- 50
- 80
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