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 45% of 100?
- 2.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
- 3.What is the simple interest on ₹3100 at 7% per year for 5 years (in ₹)?
- 4.What is the simple interest on ₹6800 at 3% per year for 4 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹6000 at 5% per year for 2 years (in ₹)?
- 6.What is 70% of 320?
- 7.A shopkeeper buys a fan for ₹1150 and sells it for ₹1440. What is the profit (in ₹)?
- 8.A fan costs ₹2000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.What is the simple interest on ₹6400 at 8% per year for 2 years (in ₹)?
- 10.A sewing machine costs ₹1900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.A shopkeeper buys a fan for ₹2700 and sells it for ₹2530. What is the loss (in ₹)?
- 12.What is the simple interest on ₹1800 at 4% per year for 4 years (in ₹)?
- 13.What is 95% of 40?
- 14.The price of a school bag changed from ₹400 to ₹720. What is the percentage increase?
- 15.What is the simple interest on ₹5100 at 9% per year for 3 years (in ₹)?
- 16.A shopkeeper buys a fan for ₹1150 and sells it for ₹1090. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 1 year (in ₹)?
- 18.A table bought for ₹1100 is sold for ₹990. What is the loss per cent?
- 19.What is the simple interest on ₹7700 at 10% per year for 3 years (in ₹)?
- 20.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹50. What is the loss (in ₹)?
- 21.A cycle bought for ₹200 is sold for ₹240. What is the profit per cent?
- 22.A cricket kit bought for ₹1500 is sold for ₹1350. What is the loss per cent?
- 23.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2160. What is the profit (in ₹)?
- 24.A cycle bought for ₹900 is sold for ₹1260. What is the profit per cent?
- 25.What is the simple interest on ₹6200 at 7% per year for 3 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹3900 at 8% per year for 1 year (in ₹)?
- 27.What is the simple interest on ₹8000 at 2% per year for 2 years (in ₹)?
- 28.The price of a bus pass changed from ₹200 to ₹350. What is the percentage increase?
- 29.What is 5% of 720?
- 30.What is 95% of 900?
- 31.A cycle bought for ₹1400 is sold for ₹2100. What is the profit per cent?
- 32.A mobile phone costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 33.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2180. What is the profit (in ₹)?
- 34.What is 25% of 160?
- 35.What is the amount (principal + simple interest) on ₹2100 at 12% per year for 2 years (in ₹)?
- 36.A shopkeeper buys a watch for ₹2650 and sells it for ₹2540. What is the loss (in ₹)?
- 37.What is 15% of 540?
- 38.The price of a bus pass changed from ₹20 to ₹21. What is the percentage increase?
- 39.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
- 40.The price of a school bag changed from ₹80 to ₹20. What is the percentage decrease?
Answer key
- 45
- 5
- 1085
- 816
- 6600
- 224
- 290
- 1900
- 1024
- 2128
- 170
- 288
- 38
- 80
- 1377
- 60
- 9894
- 10
- 2310
- 200
- 20
- 10
- 260
- 40
- 1302
- 4212
- 320
- 75
- 36
- 855
- 50
- 2520
- 80
- 40
- 2604
- 110
- 81
- 5
- 30
- 75
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