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 75% of 600?
- 2.A cycle bought for ₹400 is sold for ₹480. What is the profit per cent?
- 3.What is the simple interest on ₹7200 at 11% per year for 3 years (in ₹)?
- 4.A shopkeeper buys a fan for ₹750 and sells it for ₹900. What is the profit (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 2 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹1600 at 3% per year for 3 years (in ₹)?
- 7.The price of a box of mangoes changed from ₹20 to ₹16. What is the percentage decrease?
- 8.A shopkeeper buys a cycle for ₹450 and sells it for ₹180. What is the loss (in ₹)?
- 9.What is 80% of 640?
- 10.A cycle bought for ₹1300 is sold for ₹1235. What is the loss per cent?
- 11.What is the simple interest on ₹5800 at 7% per year for 4 years (in ₹)?
- 12.A shopkeeper buys a table for ₹2650 and sells it for ₹2570. What is the loss (in ₹)?
- 13.What is 55% of 720?
- 14.What is 10% of 240?
- 15.A watch costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 16.A cycle bought for ₹700 is sold for ₹525. What is the loss per cent?
- 17.What is 15% of 620?
- 18.What is the simple interest on ₹600 at 4% per year for 4 years (in ₹)?
- 19.The price of a cricket ball changed from ₹40 to ₹24. What is the percentage decrease?
- 20.A cycle bought for ₹1200 is sold for ₹1500. What is the profit per cent?
- 21.What is 75% of 140?
- 22.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 3 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹6500 at 5% per year for 4 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 2 years (in ₹)?
- 25.What is the simple interest on ₹5200 at 2% per year for 1 year (in ₹)?
- 26.What is 95% of 920?
- 27.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2340. What is the profit (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹1900 at 7% per year for 1 year (in ₹)?
- 29.A sewing machine costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a table for ₹2400 and sells it for ₹2580. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹5900 at 4% per year for 5 years (in ₹)?
- 32.What is 95% of 160?
- 33.A cooler bought for ₹2800 is sold for ₹2100. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 4 years (in ₹)?
- 35.What is the simple interest on ₹8600 at 12% per year for 1 year (in ₹)?
- 36.What is 5% of 740?
- 37.What is the simple interest on ₹2100 at 2% per year for 3 years (in ₹)?
- 38.A table bought for ₹1000 is sold for ₹1120. What is the profit per cent?
- 39.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹1250. What is the profit (in ₹)?
- 40.A mobile phone costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
Answer key
- 450
- 20
- 2376
- 150
- 6960
- 1744
- 20
- 270
- 512
- 5
- 1624
- 80
- 396
- 24
- 1260
- 25
- 93
- 96
- 40
- 25
- 105
- 4445
- 7800
- 4368
- 104
- 874
- 90
- 2033
- 1710
- 180
- 7080
- 152
- 25
- 2240
- 1032
- 37
- 126
- 12
- 100
- 3240
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