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 10% of 860?
- 2.A cricket kit bought for ₹200 is sold for ₹250. What is the profit per cent?
- 3.A shopkeeper buys a table for ₹2250 and sells it for ₹2030. What is the loss (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 3 years (in ₹)?
- 5.A watch bought for ₹3600 is sold for ₹2700. What is the loss per cent?
- 6.A shopkeeper buys a watch for ₹900 and sells it for ₹1170. What is the profit (in ₹)?
- 7.What is 70% of 100?
- 8.The price of a school bag changed from ₹20 to ₹10. What is the percentage decrease?
- 9.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1970. What is the profit (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1690. What is the profit (in ₹)?
- 11.What is the simple interest on ₹5600 at 3% per year for 5 years (in ₹)?
- 12.What is the simple interest on ₹6100 at 7% per year for 5 years (in ₹)?
- 13.A table bought for ₹2600 is sold for ₹2340. What is the loss per cent?
- 14.A watch bought for ₹1500 is sold for ₹1725. What is the profit per cent?
- 15.A shopkeeper buys a table for ₹1750 and sells it for ₹1870. What is the profit (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹9600 at 8% per year for 5 years (in ₹)?
- 17.The price of a cricket ball changed from ₹80 to ₹64. What is the percentage decrease?
- 18.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 3 years (in ₹)?
- 19.What is 85% of 180?
- 20.What is the simple interest on ₹7900 at 7% per year for 2 years (in ₹)?
- 21.A shopkeeper buys a cycle for ₹400 and sells it for ₹590. What is the profit (in ₹)?
- 22.What is 70% of 40?
- 23.A mobile phone bought for ₹1100 is sold for ₹1265. What is the profit per cent?
- 24.A shopkeeper buys a fan for ₹2000 and sells it for ₹2050. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹3900 at 7% per year for 5 years (in ₹)?
- 26.A cooler bought for ₹2300 is sold for ₹2990. What is the profit per cent?
- 27.The price of a cricket ball changed from ₹100 to ₹190. What is the percentage increase?
- 28.A shopkeeper buys a fan for ₹2350 and sells it for ₹2260. What is the loss (in ₹)?
- 29.A shopkeeper buys a fan for ₹1350 and sells it for ₹1190. What is the loss (in ₹)?
- 30.What is the simple interest on ₹6500 at 8% per year for 4 years (in ₹)?
- 31.What is the simple interest on ₹6200 at 6% per year for 2 years (in ₹)?
- 32.A fan costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 33.The price of a pair of shoes changed from ₹80 to ₹56. What is the percentage decrease?
- 34.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
- 35.What is the simple interest on ₹1900 at 12% per year for 4 years (in ₹)?
- 36.What is the simple interest on ₹1500 at 12% per year for 3 years (in ₹)?
- 37.What is 55% of 400?
- 38.What is 40% of 580?
- 39.What is 65% of 80?
- 40.A watch costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
Answer key
- 86
- 25
- 220
- 10282
- 25
- 270
- 70
- 50
- 70
- 190
- 840
- 2135
- 10
- 15
- 120
- 13440
- 20
- 6976
- 153
- 1106
- 190
- 28
- 15
- 50
- 5265
- 30
- 90
- 90
- 160
- 2080
- 744
- 3375
- 30
- 80
- 912
- 540
- 220
- 232
- 52
- 2904
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