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 60% of 520?
- 2.The price of a cricket ball changed from ₹100 to ₹150. What is the percentage increase?
- 3.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
- 4.A cooler bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 5.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹620. What is the loss (in ₹)?
- 6.The price of a bus pass changed from ₹100 to ₹95. What is the percentage decrease?
- 7.What is the amount (principal + simple interest) on ₹7200 at 10% per year for 2 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 1 year (in ₹)?
- 9.The price of a bus pass changed from ₹400 to ₹700. What is the percentage increase?
- 10.A shopkeeper buys a table for ₹2250 and sells it for ₹2240. What is the loss (in ₹)?
- 11.A shopkeeper buys a watch for ₹2300 and sells it for ₹2270. What is the loss (in ₹)?
- 12.A cycle bought for ₹3300 is sold for ₹2904. What is the loss per cent?
- 13.The price of a pair of shoes changed from ₹80 to ₹56. What is the percentage decrease?
- 14.A shopkeeper buys a fan for ₹2000 and sells it for ₹2110. What is the profit (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1560. What is the profit (in ₹)?
- 16.The price of a water bottle changed from ₹100 to ₹105. What is the percentage increase?
- 17.The price of a school bag changed from ₹500 to ₹525. What is the percentage increase?
- 18.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹1080. What is the profit (in ₹)?
- 19.What is the simple interest on ₹600 at 8% per year for 3 years (in ₹)?
- 20.The price of a bus pass changed from ₹500 to ₹550. What is the percentage increase?
- 21.A mobile phone costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹6200 at 10% per year for 1 year (in ₹)?
- 23.A mobile phone costs ₹3600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 24.A mobile phone bought for ₹300 is sold for ₹420. What is the profit per cent?
- 25.What is the amount (principal + simple interest) on ₹2100 at 11% per year for 2 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 2 years (in ₹)?
- 27.What is 70% of 360?
- 28.A shopkeeper buys a table for ₹1900 and sells it for ₹2020. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹9100 at 11% per year for 4 years (in ₹)?
- 30.What is 30% of 260?
- 31.What is 30% of 360?
- 32.What is 5% of 480?
- 33.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
- 34.What is 15% of 240?
- 35.A shopkeeper buys a table for ₹3000 and sells it for ₹3300. What is the profit (in ₹)?
- 36.A shopkeeper buys a cooler for ₹2400 and sells it for ₹2700. What is the profit (in ₹)?
- 37.A fan bought for ₹2400 is sold for ₹2688. What is the profit per cent?
- 38.A cycle bought for ₹3000 is sold for ₹3150. What is the profit per cent?
- 39.What is the amount (principal + simple interest) on ₹8600 at 9% per year for 3 years (in ₹)?
- 40.A watch bought for ₹1100 is sold for ₹550. What is the loss per cent?
Answer key
- 312
- 50
- 20
- 50
- 280
- 5
- 8640
- 1456
- 75
- 10
- 30
- 12
- 30
- 110
- 260
- 5
- 5
- 180
- 144
- 10
- 3990
- 620
- 3060
- 40
- 2562
- 1908
- 252
- 120
- 13104
- 78
- 108
- 24
- 2
- 36
- 300
- 300
- 12
- 5
- 10922
- 50
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