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 260?
- 2.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
- 3.A cooler bought for ₹2500 is sold for ₹3750. What is the profit per cent?
- 4.A mobile phone bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 5.What is 80% of 400?
- 6.What is the amount (principal + simple interest) on ₹3300 at 12% per year for 1 year (in ₹)?
- 7.A shopkeeper buys a watch for ₹2150 and sells it for ₹1890. What is the loss (in ₹)?
- 8.A cricket kit costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 5 years (in ₹)?
- 10.What is 55% of 800?
- 11.What is 15% of 220?
- 12.What is the simple interest on ₹2200 at 11% per year for 2 years (in ₹)?
- 13.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2890. What is the profit (in ₹)?
- 14.A mobile phone costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 15.A mobile phone costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 16.A shopkeeper buys a fan for ₹450 and sells it for ₹700. What is the profit (in ₹)?
- 17.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
- 18.The price of a bus pass changed from ₹20 to ₹8. What is the percentage decrease?
- 19.A shopkeeper buys a table for ₹200 and sells it for ₹220. What is the profit (in ₹)?
- 20.A fan bought for ₹2300 is sold for ₹1380. What is the loss per cent?
- 21.A shopkeeper buys a cooler for ₹300 and sells it for ₹420. What is the profit (in ₹)?
- 22.What is 25% of 740?
- 23.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹570. What is the profit (in ₹)?
- 24.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1640. What is the profit (in ₹)?
- 25.What is 40% of 440?
- 26.What is the simple interest on ₹3300 at 10% per year for 2 years (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹7600 at 4% per year for 5 years (in ₹)?
- 28.A cooler bought for ₹300 is sold for ₹345. What is the profit per cent?
- 29.A shopkeeper buys a watch for ₹400 and sells it for ₹420. What is the profit (in ₹)?
- 30.A table bought for ₹3700 is sold for ₹4070. What is the profit per cent?
- 31.What is the simple interest on ₹2300 at 4% per year for 1 year (in ₹)?
- 32.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
- 33.A cricket kit bought for ₹1200 is sold for ₹1680. What is the profit per cent?
- 34.A shopkeeper buys a fan for ₹350 and sells it for ₹330. What is the loss (in ₹)?
- 35.What is the simple interest on ₹6300 at 11% per year for 2 years (in ₹)?
- 36.What is 5% of 240?
- 37.A shopkeeper buys a watch for ₹600 and sells it for ₹870. What is the profit (in ₹)?
- 38.A watch bought for ₹3200 is sold for ₹2720. What is the loss per cent?
- 39.What is 85% of 740?
- 40.What is 15% of 620?
Answer key
- 234
- 75
- 50
- 12
- 320
- 3696
- 260
- 525
- 5125
- 440
- 33
- 484
- 140
- 1190
- 2750
- 250
- 2
- 60
- 20
- 40
- 120
- 185
- 170
- 140
- 176
- 660
- 9120
- 15
- 20
- 10
- 92
- 40
- 40
- 20
- 1386
- 12
- 270
- 15
- 629
- 93
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