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 20% of 800?
- 2.What is 15% of 980?
- 3.What is 40% of 980?
- 4.What is the simple interest on ₹3100 at 11% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹8900 at 7% per year for 5 years (in ₹)?
- 6.A cycle bought for ₹400 is sold for ₹380. What is the loss per cent?
- 7.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?
- 8.A mobile phone bought for ₹500 is sold for ₹650. What is the profit per cent?
- 9.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2110. What is the loss (in ₹)?
- 10.What is the simple interest on ₹6400 at 2% per year for 2 years (in ₹)?
- 11.The price of a water bottle changed from ₹250 to ₹245. What is the percentage decrease?
- 12.What is 20% of 400?
- 13.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹4900 at 9% per year for 4 years (in ₹)?
- 15.What is 45% of 100?
- 16.What is the simple interest on ₹9800 at 2% per year for 1 year (in ₹)?
- 17.A fan bought for ₹700 is sold for ₹770. What is the profit per cent?
- 18.A cricket kit costs ₹1300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 19.A table costs ₹1900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹9900 at 8% per year for 3 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹8100 at 3% per year for 5 years (in ₹)?
- 22.A shopkeeper buys a watch for ₹2350 and sells it for ₹2360. What is the profit (in ₹)?
- 23.The price of a school bag changed from ₹80 to ₹128. What is the percentage increase?
- 24.The price of a pair of shoes changed from ₹400 to ₹40. What is the percentage decrease?
- 25.What is the simple interest on ₹9900 at 7% per year for 2 years (in ₹)?
- 26.A watch bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 27.A mobile phone bought for ₹2300 is sold for ₹2415. What is the profit per cent?
- 28.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1270. What is the loss (in ₹)?
- 29.What is 30% of 700?
- 30.A shopkeeper buys a fan for ₹2300 and sells it for ₹2530. What is the profit (in ₹)?
- 31.What is the simple interest on ₹8100 at 4% per year for 1 year (in ₹)?
- 32.A table bought for ₹1000 is sold for ₹1300. What is the profit per cent?
- 33.A table costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 34.A table bought for ₹2300 is sold for ₹1150. What is the loss per cent?
- 35.The price of a box of mangoes changed from ₹40 to ₹36. What is the percentage decrease?
- 36.What is 20% of 640?
- 37.A table costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 38.A shopkeeper buys a table for ₹1100 and sells it for ₹940. What is the loss (in ₹)?
- 39.A watch costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 40.What is 45% of 320?
Answer key
- 160
- 147
- 392
- 1705
- 3115
- 5
- 5
- 30
- 40
- 256
- 2
- 80
- 40
- 6664
- 45
- 196
- 10
- 1495
- 2280
- 12276
- 9315
- 10
- 60
- 90
- 1386
- 20
- 5
- 180
- 210
- 230
- 324
- 30
- 1750
- 50
- 10
- 128
- 140
- 160
- 1170
- 144
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