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 900?
- 2.A shopkeeper buys a cycle for ₹500 and sells it for ₹600. What is the profit (in ₹)?
- 3.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
- 4.What is the amount (principal + simple interest) on ₹4400 at 11% per year for 3 years (in ₹)?
- 5.What is the simple interest on ₹3100 at 11% per year for 2 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 4 years (in ₹)?
- 7.A table bought for ₹500 is sold for ₹560. What is the profit per cent?
- 8.What is 65% of 900?
- 9.What is 25% of 280?
- 10.A cycle bought for ₹4000 is sold for ₹5600. What is the profit per cent?
- 11.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2780. What is the profit (in ₹)?
- 12.A cycle costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 13.The price of a water bottle changed from ₹50 to ₹40. What is the percentage decrease?
- 14.What is the simple interest on ₹3600 at 10% per year for 5 years (in ₹)?
- 15.What is 70% of 580?
- 16.What is 20% of 780?
- 17.What is the simple interest on ₹8300 at 4% per year for 5 years (in ₹)?
- 18.What is 55% of 500?
- 19.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1800. What is the profit (in ₹)?
- 20.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2530. What is the loss (in ₹)?
- 21.A fan bought for ₹2200 is sold for ₹3080. What is the profit per cent?
- 22.A sewing machine costs ₹3800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹2000 at 7% per year for 4 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹6500 at 9% per year for 3 years (in ₹)?
- 25.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
- 26.The price of a cricket ball changed from ₹100 to ₹75. What is the percentage decrease?
- 27.What is the amount (principal + simple interest) on ₹3800 at 4% per year for 1 year (in ₹)?
- 28.A cycle bought for ₹1200 is sold for ₹1380. What is the profit per cent?
- 29.The price of a bus pass changed from ₹20 to ₹15. What is the percentage decrease?
- 30.A cooler bought for ₹3500 is sold for ₹2450. What is the loss per cent?
- 31.What is 60% of 80?
- 32.What is the simple interest on ₹4300 at 8% per year for 4 years (in ₹)?
- 33.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
- 34.What is 55% of 800?
- 35.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹850. What is the profit (in ₹)?
- 36.What is 45% of 440?
- 37.A mobile phone bought for ₹700 is sold for ₹665. What is the loss per cent?
- 38.The price of a cricket ball changed from ₹40 to ₹56. What is the percentage increase?
- 39.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1670. What is the loss (in ₹)?
- 40.What is the simple interest on ₹1600 at 11% per year for 3 years (in ₹)?
Answer key
- 540
- 100
- 90
- 5852
- 682
- 5616
- 12
- 585
- 70
- 40
- 230
- 2904
- 20
- 1800
- 406
- 156
- 1660
- 275
- 250
- 20
- 40
- 3040
- 560
- 8255
- 30
- 25
- 3952
- 15
- 25
- 30
- 48
- 1376
- 10
- 440
- 250
- 198
- 5
- 40
- 230
- 528
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