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 25% of 220?
- 2.The price of a water bottle changed from ₹250 to ₹150. What is the percentage decrease?
- 3.A fan bought for ₹1000 is sold for ₹600. What is the loss per cent?
- 4.What is 35% of 240?
- 5.A shopkeeper buys a table for ₹1200 and sells it for ₹1230. What is the profit (in ₹)?
- 6.What is the simple interest on ₹5400 at 8% per year for 5 years (in ₹)?
- 7.The price of a pair of shoes changed from ₹250 to ₹325. What is the percentage increase?
- 8.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2540. What is the loss (in ₹)?
- 9.What is the simple interest on ₹1100 at 10% per year for 3 years (in ₹)?
- 10.A shopkeeper buys a cycle for ₹750 and sells it for ₹670. What is the loss (in ₹)?
- 11.A sewing machine costs ₹1500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a watch for ₹2300 and sells it for ₹2400. What is the profit (in ₹)?
- 13.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
- 14.What is the amount (principal + simple interest) on ₹4300 at 3% per year for 1 year (in ₹)?
- 15.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 16.A cooler costs ₹1100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 17.A watch bought for ₹1400 is sold for ₹1568. What is the profit per cent?
- 18.A cooler costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 19.A watch bought for ₹2200 is sold for ₹2860. What is the profit per cent?
- 20.A table bought for ₹2500 is sold for ₹2750. What is the profit per cent?
- 21.A fan bought for ₹600 is sold for ₹780. What is the profit per cent?
- 22.A cycle costs ₹3800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹4100 at 4% per year for 2 years (in ₹)?
- 24.A sewing machine bought for ₹700 is sold for ₹784. What is the profit per cent?
- 25.What is 80% of 240?
- 26.What is the simple interest on ₹2900 at 5% per year for 1 year (in ₹)?
- 27.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
- 28.A shopkeeper buys a watch for ₹2950 and sells it for ₹3130. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹800 at 9% per year for 1 year (in ₹)?
- 30.What is 65% of 40?
- 31.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
- 32.What is 25% of 800?
- 33.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1240. What is the profit (in ₹)?
- 34.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹160. What is the loss (in ₹)?
- 35.The price of a pair of shoes changed from ₹40 to ₹20. What is the percentage decrease?
- 36.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2440. What is the loss (in ₹)?
- 37.What is 90% of 960?
- 38.The price of a cricket ball changed from ₹100 to ₹70. What is the percentage decrease?
- 39.The price of a cricket ball changed from ₹200 to ₹360. What is the percentage increase?
- 40.What is the simple interest on ₹900 at 7% per year for 2 years (in ₹)?
Answer key
- 55
- 40
- 40
- 84
- 30
- 2160
- 30
- 210
- 330
- 80
- 2250
- 100
- 10
- 4429
- 40
- 880
- 12
- 1680
- 30
- 10
- 30
- 4370
- 328
- 12
- 192
- 145
- 90
- 180
- 872
- 26
- 2
- 200
- 240
- 140
- 50
- 10
- 864
- 30
- 80
- 126
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