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 5% of 800?
- 2.A cycle bought for ₹2500 is sold for ₹1875. What is the loss per cent?
- 3.The price of a water bottle changed from ₹20 to ₹28. What is the percentage increase?
- 4.What is the simple interest on ₹3900 at 3% per year for 1 year (in ₹)?
- 5.The price of a cricket ball changed from ₹50 to ₹75. What is the percentage increase?
- 6.What is 25% of 520?
- 7.A cricket kit costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 8.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2590. What is the profit (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 1 year (in ₹)?
- 10.A fan bought for ₹2000 is sold for ₹2100. What is the profit per cent?
- 11.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2690. What is the loss (in ₹)?
- 12.A shopkeeper buys a table for ₹250 and sells it for ₹170. What is the loss (in ₹)?
- 13.A shopkeeper buys a fan for ₹450 and sells it for ₹510. What is the profit (in ₹)?
- 14.What is the simple interest on ₹2300 at 8% per year for 2 years (in ₹)?
- 15.The price of a bus pass changed from ₹40 to ₹32. What is the percentage decrease?
- 16.What is 10% of 720?
- 17.What is the simple interest on ₹1100 at 8% per year for 5 years (in ₹)?
- 18.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2100. What is the loss (in ₹)?
- 19.What is the simple interest on ₹4300 at 4% per year for 3 years (in ₹)?
- 20.A fan bought for ₹1300 is sold for ₹1170. What is the loss per cent?
- 21.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 4 years (in ₹)?
- 22.What is 90% of 960?
- 23.What is the amount (principal + simple interest) on ₹700 at 8% per year for 5 years (in ₹)?
- 24.A watch bought for ₹2100 is sold for ₹1995. What is the loss per cent?
- 25.A shopkeeper buys a fan for ₹400 and sells it for ₹680. What is the profit (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 2 years (in ₹)?
- 27.A shopkeeper buys a watch for ₹2750 and sells it for ₹2960. What is the profit (in ₹)?
- 28.What is 90% of 280?
- 29.A shopkeeper buys a table for ₹200 and sells it for ₹80. What is the loss (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹8300 at 4% per year for 5 years (in ₹)?
- 31.What is 10% of 280?
- 32.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
- 33.A fan bought for ₹1200 is sold for ₹720. What is the loss per cent?
- 34.A watch bought for ₹2000 is sold for ₹2200. What is the profit per cent?
- 35.A fan costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 36.A watch bought for ₹700 is sold for ₹805. What is the profit per cent?
- 37.What is 15% of 180?
- 38.What is the amount (principal + simple interest) on ₹8200 at 4% per year for 5 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹500 at 9% per year for 1 year (in ₹)?
- 40.A watch costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?
Answer key
- 40
- 25
- 40
- 117
- 50
- 130
- 1050
- 40
- 3190
- 5
- 60
- 80
- 60
- 368
- 20
- 72
- 440
- 200
- 516
- 10
- 7440
- 864
- 980
- 5
- 280
- 9760
- 210
- 252
- 120
- 9960
- 28
- 240
- 40
- 10
- 650
- 15
- 27
- 9840
- 545
- 765
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