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 90% of 300?
- 2.A shopkeeper buys a fan for ₹2700 and sells it for ₹2920. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹7000 at 7% per year for 1 year (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 4 years (in ₹)?
- 5.A sewing machine bought for ₹2200 is sold for ₹2860. What is the profit per cent?
- 6.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 1 year (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 3 years (in ₹)?
- 8.The price of a box of mangoes changed from ₹20 to ₹38. What is the percentage increase?
- 9.A table bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 10.What is 25% of 620?
- 11.A cricket kit costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 12.What is 20% of 820?
- 13.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
- 14.The price of a water bottle changed from ₹40 to ₹44. What is the percentage increase?
- 15.What is 45% of 40?
- 16.The price of a bus pass changed from ₹20 to ₹14. What is the percentage decrease?
- 17.What is the amount (principal + simple interest) on ₹5300 at 11% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1650. What is the loss (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹5500 at 5% per year for 2 years (in ₹)?
- 20.What is the simple interest on ₹5200 at 5% per year for 3 years (in ₹)?
- 21.A sewing machine bought for ₹1400 is sold for ₹980. What is the loss per cent?
- 22.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1440. What is the loss (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 5 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹6600 at 11% per year for 3 years (in ₹)?
- 25.A shopkeeper buys a fan for ₹1350 and sells it for ₹1100. What is the loss (in ₹)?
- 26.A table bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 27.The price of a cricket ball changed from ₹400 to ₹320. What is the percentage decrease?
- 28.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2200. What is the profit (in ₹)?
- 29.A table bought for ₹3300 is sold for ₹2310. What is the loss per cent?
- 30.A table costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹2300 at 3% per year for 1 year (in ₹)?
- 32.What is the simple interest on ₹4000 at 8% per year for 1 year (in ₹)?
- 33.What is 95% of 420?
- 34.A cooler costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 35.A shopkeeper buys a fan for ₹300 and sells it for ₹580. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹1100 at 3% per year for 4 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹8200 at 5% per year for 5 years (in ₹)?
- 38.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
- 39.A cycle bought for ₹1900 is sold for ₹1672. What is the loss per cent?
- 40.A watch costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
Answer key
- 270
- 220
- 7490
- 3240
- 30
- 9612
- 10608
- 90
- 12
- 155
- 450
- 164
- 10
- 10
- 18
- 30
- 5883
- 50
- 6050
- 780
- 30
- 10
- 1950
- 8778
- 250
- 5
- 20
- 150
- 30
- 875
- 69
- 320
- 399
- 4420
- 280
- 1232
- 10250
- 20
- 12
- 480
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