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 watch costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹5100 at 3% per year for 1 year (in ₹)?
- 3.What is 40% of 640?
- 4.What is 60% of 220?
- 5.What is the simple interest on ₹7000 at 3% per year for 2 years (in ₹)?
- 6.A fan costs ₹1900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 4 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹6300 at 8% per year for 2 years (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹290. What is the loss (in ₹)?
- 10.A shopkeeper buys a watch for ₹1350 and sells it for ₹1110. What is the loss (in ₹)?
- 11.What is 35% of 860?
- 12.The price of a bus pass changed from ₹400 to ₹560. What is the percentage increase?
- 13.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
- 14.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹60. What is the loss (in ₹)?
- 15.What is the simple interest on ₹8100 at 5% per year for 2 years (in ₹)?
- 16.A watch bought for ₹2800 is sold for ₹3640. What is the profit per cent?
- 17.A watch bought for ₹200 is sold for ₹250. What is the profit per cent?
- 18.A mobile phone costs ₹200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 19.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1520. What is the profit (in ₹)?
- 20.What is the simple interest on ₹8400 at 12% per year for 3 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹9900 at 7% per year for 1 year (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹2900 at 5% per year for 3 years (in ₹)?
- 23.What is 95% of 40?
- 24.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 3 years (in ₹)?
- 25.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 26.The price of a cricket ball changed from ₹500 to ₹650. What is the percentage increase?
- 27.What is 30% of 440?
- 28.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2720. What is the profit (in ₹)?
- 29.A shopkeeper buys a table for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?
- 30.The price of a water bottle changed from ₹50 to ₹75. What is the percentage increase?
- 31.What is the simple interest on ₹5900 at 7% per year for 4 years (in ₹)?
- 32.The price of a pair of shoes changed from ₹50 to ₹60. What is the percentage increase?
- 33.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 34.What is 30% of 240?
- 35.What is the simple interest on ₹900 at 6% per year for 5 years (in ₹)?
- 36.A watch costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 37.What is 85% of 860?
- 38.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
- 39.What is 45% of 580?
- 40.A table bought for ₹300 is sold for ₹285. What is the loss per cent?
Answer key
- 690
- 5253
- 256
- 132
- 420
- 2280
- 10208
- 7308
- 160
- 240
- 301
- 40
- 20
- 290
- 810
- 30
- 25
- 260
- 220
- 3024
- 10593
- 3335
- 38
- 11172
- 20
- 30
- 132
- 20
- 30
- 50
- 1652
- 20
- 80
- 72
- 270
- 3150
- 731
- 40
- 261
- 5
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