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 the simple interest on ₹5400 at 5% per year for 3 years (in ₹)?
- 2.A sewing machine costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 3.The price of a bus pass changed from ₹50 to ₹51. What is the percentage increase?
- 4.What is 60% of 340?
- 5.What is 85% of 760?
- 6.What is 20% of 360?
- 7.What is the simple interest on ₹5500 at 7% per year for 3 years (in ₹)?
- 8.What is 95% of 200?
- 9.What is 20% of 680?
- 10.A cooler bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 11.A shopkeeper buys a cycle for ₹200 and sells it for ₹210. What is the profit (in ₹)?
- 12.A cycle costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 13.What is 35% of 280?
- 14.A cycle costs ₹3100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 15.The price of a bus pass changed from ₹200 to ₹20. What is the percentage decrease?
- 16.What is the amount (principal + simple interest) on ₹6600 at 12% per year for 3 years (in ₹)?
- 17.What is the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹3200 at 7% per year for 4 years (in ₹)?
- 19.A cricket kit costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 20.A cooler bought for ₹2300 is sold for ₹3450. What is the profit per cent?
- 21.What is 45% of 580?
- 22.A fan costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 23.What is 10% of 240?
- 24.A shopkeeper buys a fan for ₹2550 and sells it for ₹2580. What is the profit (in ₹)?
- 25.What is the simple interest on ₹5600 at 7% per year for 1 year (in ₹)?
- 26.A mobile phone costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹3400 at 7% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a watch for ₹1150 and sells it for ₹1320. What is the profit (in ₹)?
- 29.A cricket kit bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 30.The price of a school bag changed from ₹100 to ₹90. What is the percentage decrease?
- 31.A shopkeeper buys a fan for ₹1100 and sells it for ₹950. What is the loss (in ₹)?
- 32.The price of a bus pass changed from ₹500 to ₹600. What is the percentage increase?
- 33.A shopkeeper buys a table for ₹1900 and sells it for ₹2070. What is the profit (in ₹)?
- 34.What is the simple interest on ₹4100 at 9% per year for 3 years (in ₹)?
- 35.What is 75% of 960?
- 36.A cycle costs ₹2800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 37.What is 60% of 400?
- 38.A mobile phone bought for ₹1100 is sold for ₹990. What is the loss per cent?
- 39.A cycle bought for ₹600 is sold for ₹660. What is the profit per cent?
- 40.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1860. What is the profit (in ₹)?
Answer key
- 810
- 450
- 2
- 204
- 646
- 72
- 1155
- 190
- 136
- 25
- 10
- 2600
- 98
- 2728
- 90
- 8976
- 2400
- 4096
- 3136
- 50
- 261
- 160
- 24
- 30
- 392
- 480
- 3638
- 170
- 5
- 10
- 150
- 20
- 170
- 1107
- 720
- 2240
- 240
- 10
- 10
- 160
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