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.A cycle bought for ₹3600 is sold for ₹4032. What is the profit per cent?
- 2.The price of a school bag changed from ₹250 to ₹325. What is the percentage increase?
- 3.What is 75% of 480?
- 4.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1680. What is the profit (in ₹)?
- 5.A cycle costs ₹2900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 6.A mobile phone bought for ₹2000 is sold for ₹3000. What is the profit per cent?
- 7.A shopkeeper buys a table for ₹2300 and sells it for ₹2430. What is the profit (in ₹)?
- 8.A cooler bought for ₹2400 is sold for ₹2880. What is the profit per cent?
- 9.The price of a box of mangoes changed from ₹100 to ₹190. What is the percentage increase?
- 10.The price of a cricket ball changed from ₹200 to ₹250. What is the percentage increase?
- 11.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1180. What is the profit (in ₹)?
- 12.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1630. What is the profit (in ₹)?
- 13.A cycle bought for ₹4000 is sold for ₹4400. What is the profit per cent?
- 14.What is 15% of 120?
- 15.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2910. What is the profit (in ₹)?
- 16.What is 40% of 60?
- 17.What is the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 18.What is the simple interest on ₹7700 at 7% per year for 3 years (in ₹)?
- 19.A mobile phone bought for ₹3400 is sold for ₹4420. What is the profit per cent?
- 20.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 5 years (in ₹)?
- 21.A watch costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 22.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
- 23.A shopkeeper buys a watch for ₹1050 and sells it for ₹1120. What is the profit (in ₹)?
- 24.What is the simple interest on ₹1000 at 4% per year for 4 years (in ₹)?
- 25.What is 65% of 340?
- 26.What is 45% of 480?
- 27.The price of a water bottle changed from ₹200 to ₹140. What is the percentage decrease?
- 28.The price of a box of mangoes changed from ₹40 to ₹64. What is the percentage increase?
- 29.What is 40% of 940?
- 30.The price of a water bottle changed from ₹80 to ₹140. What is the percentage increase?
- 31.What is 60% of 820?
- 32.A cycle costs ₹3000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 2 years (in ₹)?
- 34.What is 95% of 120?
- 35.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2630. What is the profit (in ₹)?
- 36.What is 5% of 60?
- 37.The price of a bus pass changed from ₹50 to ₹10. What is the percentage decrease?
- 38.What is the amount (principal + simple interest) on ₹1200 at 11% per year for 4 years (in ₹)?
- 39.A sewing machine bought for ₹300 is sold for ₹375. What is the profit per cent?
- 40.What is 80% of 180?
Answer key
- 12
- 30
- 360
- 280
- 2465
- 50
- 130
- 20
- 90
- 25
- 30
- 30
- 10
- 18
- 60
- 24
- 400
- 1617
- 30
- 3915
- 240
- 40
- 70
- 160
- 221
- 216
- 30
- 60
- 376
- 75
- 492
- 4200
- 4028
- 114
- 280
- 3
- 80
- 1728
- 25
- 144
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