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 65% of 760?
- 2.What is the amount (principal + simple interest) on ₹8400 at 7% per year for 3 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹5400 at 8% per year for 2 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1300 at 4% per year for 5 years (in ₹)?
- 5.The price of a bus pass changed from ₹250 to ₹450. What is the percentage increase?
- 6.What is the simple interest on ₹1000 at 7% per year for 5 years (in ₹)?
- 7.The price of a bus pass changed from ₹40 to ₹8. What is the percentage decrease?
- 8.A shopkeeper buys a fan for ₹600 and sells it for ₹820. What is the profit (in ₹)?
- 9.The price of a bus pass changed from ₹500 to ₹800. What is the percentage increase?
- 10.What is the amount (principal + simple interest) on ₹3800 at 6% per year for 5 years (in ₹)?
- 11.What is the simple interest on ₹6200 at 3% per year for 1 year (in ₹)?
- 12.The price of a water bottle changed from ₹500 to ₹200. What is the percentage decrease?
- 13.A fan costs ₹300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹4800 at 5% per year for 3 years (in ₹)?
- 15.What is 75% of 40?
- 16.What is the amount (principal + simple interest) on ₹7200 at 10% per year for 1 year (in ₹)?
- 17.A fan bought for ₹500 is sold for ₹625. What is the profit per cent?
- 18.A shopkeeper buys a sewing machine for ₹1300 and sells it for ₹1040. What is the loss (in ₹)?
- 19.What is 80% of 260?
- 20.A mobile phone costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹6700 at 5% per year for 3 years (in ₹)?
- 22.What is 20% of 240?
- 23.A sewing machine costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 24.What is 90% of 340?
- 25.A table bought for ₹2600 is sold for ₹1560. What is the loss per cent?
- 26.What is the amount (principal + simple interest) on ₹2500 at 6% per year for 1 year (in ₹)?
- 27.The price of a cricket ball changed from ₹400 to ₹380. What is the percentage decrease?
- 28.What is 85% of 580?
- 29.A cooler costs ₹1000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 30.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 31.A cooler costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 32.A cricket kit bought for ₹1900 is sold for ₹1140. What is the loss per cent?
- 33.A cricket kit bought for ₹3700 is sold for ₹4810. What is the profit per cent?
- 34.What is the simple interest on ₹6700 at 8% per year for 5 years (in ₹)?
- 35.A fan bought for ₹3300 is sold for ₹2805. What is the loss per cent?
- 36.What is 25% of 660?
- 37.A cooler costs ₹2000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹8000 at 3% per year for 1 year (in ₹)?
- 39.A table bought for ₹1300 is sold for ₹780. What is the loss per cent?
- 40.A mobile phone costs ₹3400. It is sold at a 20% loss. What is the selling price (in ₹)?
Answer key
- 494
- 10164
- 6264
- 1560
- 80
- 350
- 80
- 220
- 60
- 4940
- 186
- 60
- 285
- 720
- 30
- 7920
- 25
- 260
- 208
- 2000
- 1005
- 48
- 5250
- 306
- 40
- 2650
- 5
- 493
- 750
- 80
- 1008
- 40
- 30
- 2680
- 15
- 165
- 1500
- 8240
- 40
- 2720
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