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 60% of 60?
- 2.What is 5% of 180?
- 3.A shopkeeper buys a watch for ₹450 and sells it for ₹270. What is the loss (in ₹)?
- 4.The price of a cricket ball changed from ₹50 to ₹75. What is the percentage increase?
- 5.What is the simple interest on ₹8100 at 5% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹5200 at 7% per year for 1 year (in ₹)?
- 7.What is 80% of 160?
- 8.A fan bought for ₹1200 is sold for ₹1080. What is the loss per cent?
- 9.A sewing machine bought for ₹1200 is sold for ₹1380. What is the profit per cent?
- 10.A table costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 11.What is 70% of 640?
- 12.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹660. What is the profit (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹1700 at 8% per year for 5 years (in ₹)?
- 14.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2540. What is the loss (in ₹)?
- 15.The price of a pair of shoes changed from ₹500 to ₹375. What is the percentage decrease?
- 16.A sewing machine bought for ₹3100 is sold for ₹4340. What is the profit per cent?
- 17.The price of a bus pass changed from ₹400 to ₹360. What is the percentage decrease?
- 18.What is the simple interest on ₹3600 at 10% per year for 2 years (in ₹)?
- 19.A mobile phone bought for ₹2900 is sold for ₹1740. What is the loss per cent?
- 20.The price of a school bag changed from ₹100 to ₹102. What is the percentage increase?
- 21.The price of a box of mangoes changed from ₹20 to ₹36. What is the percentage increase?
- 22.What is the simple interest on ₹4500 at 11% per year for 5 years (in ₹)?
- 23.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
- 24.What is the simple interest on ₹2500 at 11% per year for 3 years (in ₹)?
- 25.What is the simple interest on ₹5200 at 7% per year for 3 years (in ₹)?
- 26.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2080. What is the loss (in ₹)?
- 27.A cooler bought for ₹3600 is sold for ₹5040. What is the profit per cent?
- 28.What is the simple interest on ₹6200 at 11% per year for 1 year (in ₹)?
- 29.What is the simple interest on ₹5500 at 5% per year for 4 years (in ₹)?
- 30.A cricket kit bought for ₹2500 is sold for ₹3000. What is the profit per cent?
- 31.What is 90% of 700?
- 32.The price of a water bottle changed from ₹500 to ₹875. What is the percentage increase?
- 33.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 34.The price of a water bottle changed from ₹500 to ₹800. What is the percentage increase?
- 35.What is the amount (principal + simple interest) on ₹5600 at 3% per year for 1 year (in ₹)?
- 36.The price of a bus pass changed from ₹200 to ₹202. What is the percentage increase?
- 37.What is 25% of 880?
- 38.The price of a cricket ball changed from ₹50 to ₹90. What is the percentage increase?
- 39.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1580. What is the loss (in ₹)?
- 40.The price of a bus pass changed from ₹400 to ₹560. What is the percentage increase?
Answer key
- 36
- 9
- 180
- 50
- 405
- 5564
- 128
- 10
- 15
- 1680
- 448
- 60
- 2380
- 210
- 25
- 40
- 10
- 720
- 40
- 2
- 80
- 2475
- 80
- 825
- 1092
- 20
- 40
- 682
- 1100
- 20
- 630
- 75
- 20
- 60
- 5768
- 1
- 220
- 80
- 120
- 40
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