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 80% of 80?
- 2.A cooler costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 3.A shopkeeper buys a fan for ₹550 and sells it for ₹380. What is the loss (in ₹)?
- 4.A shopkeeper buys a fan for ₹1100 and sells it for ₹1030. What is the loss (in ₹)?
- 5.The price of a school bag changed from ₹500 to ₹490. What is the percentage decrease?
- 6.A shopkeeper buys a cooler for ₹900 and sells it for ₹810. What is the loss (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹8600 at 5% per year for 2 years (in ₹)?
- 8.What is the simple interest on ₹5000 at 12% per year for 1 year (in ₹)?
- 9.A mobile phone costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹4000 at 7% per year for 5 years (in ₹)?
- 11.The price of a bus pass changed from ₹400 to ₹396. What is the percentage decrease?
- 12.A shopkeeper buys a cooler for ₹1000 and sells it for ₹730. What is the loss (in ₹)?
- 13.What is 40% of 600?
- 14.A cycle costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 15.What is 85% of 960?
- 16.A shopkeeper buys a cycle for ₹350 and sells it for ₹540. What is the profit (in ₹)?
- 17.A shopkeeper buys a table for ₹1050 and sells it for ₹760. What is the loss (in ₹)?
- 18.What is 70% of 1000?
- 19.What is the simple interest on ₹9700 at 5% per year for 2 years (in ₹)?
- 20.A watch costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 21.A fan costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 22.A shopkeeper buys a cycle for ₹2800 and sells it for ₹3070. What is the profit (in ₹)?
- 23.A shopkeeper buys a fan for ₹700 and sells it for ₹590. What is the loss (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 2 years (in ₹)?
- 25.A mobile phone bought for ₹2600 is sold for ₹3120. What is the profit per cent?
- 26.A fan costs ₹1600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 27.A shopkeeper buys a table for ₹1250 and sells it for ₹1410. What is the profit (in ₹)?
- 28.A cycle bought for ₹1800 is sold for ₹900. What is the loss per cent?
- 29.What is 55% of 700?
- 30.What is the simple interest on ₹5400 at 3% per year for 1 year (in ₹)?
- 31.A cooler costs ₹3300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 32.A cooler bought for ₹3300 is sold for ₹3960. What is the profit per cent?
- 33.What is the simple interest on ₹1100 at 5% per year for 3 years (in ₹)?
- 34.A watch costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹3200 at 10% per year for 3 years (in ₹)?
- 36.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
- 37.A sewing machine bought for ₹1500 is sold for ₹2250. What is the profit per cent?
- 38.A cooler bought for ₹800 is sold for ₹400. What is the loss per cent?
- 39.A table bought for ₹3500 is sold for ₹4375. What is the profit per cent?
- 40.A mobile phone bought for ₹1300 is sold for ₹1170. What is the loss per cent?
Answer key
- 64
- 2520
- 170
- 70
- 2
- 90
- 9460
- 600
- 4420
- 5400
- 1
- 270
- 240
- 2565
- 816
- 190
- 290
- 700
- 970
- 1440
- 1650
- 270
- 110
- 9504
- 20
- 2400
- 160
- 50
- 385
- 162
- 3795
- 20
- 165
- 3600
- 4160
- 80
- 50
- 50
- 25
- 10
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