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 760?
- 2.What is the simple interest on ₹2900 at 4% per year for 5 years (in ₹)?
- 3.A sewing machine bought for ₹900 is sold for ₹990. What is the profit per cent?
- 4.A shopkeeper buys a watch for ₹350 and sells it for ₹130. What is the loss (in ₹)?
- 5.What is 25% of 420?
- 6.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2300. What is the profit (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹2820. What is the profit (in ₹)?
- 8.The price of a water bottle changed from ₹250 to ₹50. What is the percentage decrease?
- 9.The price of a water bottle changed from ₹80 to ₹56. What is the percentage decrease?
- 10.A fan bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 11.A cycle costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 12.What is 85% of 200?
- 13.A sewing machine costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹6800 at 11% per year for 1 year (in ₹)?
- 15.A mobile phone costs ₹2600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 16.What is the simple interest on ₹1400 at 5% per year for 5 years (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1560. What is the loss (in ₹)?
- 18.A shopkeeper buys a cycle for ₹550 and sells it for ₹530. What is the loss (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹6100 at 8% per year for 3 years (in ₹)?
- 20.A mobile phone bought for ₹2000 is sold for ₹3000. What is the profit per cent?
- 21.The price of a cricket ball changed from ₹400 to ₹392. What is the percentage decrease?
- 22.A shopkeeper buys a table for ₹600 and sells it for ₹710. What is the profit (in ₹)?
- 23.What is 5% of 400?
- 24.A watch bought for ₹2100 is sold for ₹1470. What is the loss per cent?
- 25.What is 30% of 560?
- 26.A cycle costs ₹1300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 27.A table costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 28.A watch bought for ₹2400 is sold for ₹3600. What is the profit per cent?
- 29.What is the simple interest on ₹8400 at 11% per year for 1 year (in ₹)?
- 30.What is 55% of 240?
- 31.What is the amount (principal + simple interest) on ₹1600 at 2% per year for 4 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹3300 at 3% per year for 4 years (in ₹)?
- 33.A table costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 34.A fan bought for ₹400 is sold for ₹380. What is the loss per cent?
- 35.The price of a cricket ball changed from ₹40 to ₹16. What is the percentage decrease?
- 36.A sewing machine bought for ₹2600 is sold for ₹3640. What is the profit per cent?
- 37.What is the simple interest on ₹9700 at 2% per year for 5 years (in ₹)?
- 38.The price of a box of mangoes changed from ₹25 to ₹10. What is the percentage decrease?
- 39.The price of a box of mangoes changed from ₹400 to ₹80. What is the percentage decrease?
- 40.What is 65% of 400?
Answer key
- 684
- 580
- 10
- 220
- 105
- 250
- 70
- 80
- 30
- 25
- 1520
- 170
- 1450
- 7548
- 2860
- 350
- 40
- 20
- 7564
- 50
- 2
- 110
- 20
- 30
- 168
- 1690
- 1120
- 50
- 924
- 132
- 1728
- 3696
- 1408
- 5
- 60
- 40
- 970
- 60
- 80
- 260
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