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 75% of 720?
- 2.A fan costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 3.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1850. What is the profit (in ₹)?
- 4.A fan costs ₹1000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹1000 at 8% per year for 4 years (in ₹)?
- 6.A cycle bought for ₹2100 is sold for ₹1995. What is the loss per cent?
- 7.A mobile phone costs ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹600 at 8% per year for 4 years (in ₹)?
- 9.The price of a cricket ball changed from ₹250 to ₹350. What is the percentage increase?
- 10.What is the simple interest on ₹4900 at 10% per year for 1 year (in ₹)?
- 11.The price of a box of mangoes changed from ₹100 to ₹10. What is the percentage decrease?
- 12.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3080. What is the profit (in ₹)?
- 13.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
- 14.What is the simple interest on ₹4500 at 2% per year for 4 years (in ₹)?
- 15.A watch bought for ₹3600 is sold for ₹2160. What is the loss per cent?
- 16.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 2 years (in ₹)?
- 17.A mobile phone bought for ₹900 is sold for ₹765. What is the loss per cent?
- 18.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹780. What is the profit (in ₹)?
- 19.What is 70% of 700?
- 20.What is 85% of 440?
- 21.What is the simple interest on ₹5000 at 7% per year for 3 years (in ₹)?
- 22.The price of a water bottle changed from ₹400 to ₹280. What is the percentage decrease?
- 23.What is the amount (principal + simple interest) on ₹4000 at 9% per year for 4 years (in ₹)?
- 24.What is 20% of 780?
- 25.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
- 26.What is the amount (principal + simple interest) on ₹5300 at 3% per year for 5 years (in ₹)?
- 27.What is 25% of 520?
- 28.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 5 years (in ₹)?
- 29.What is the simple interest on ₹1400 at 3% per year for 3 years (in ₹)?
- 30.The price of a box of mangoes changed from ₹400 to ₹760. What is the percentage increase?
- 31.The price of a water bottle changed from ₹400 to ₹404. What is the percentage increase?
- 32.A cricket kit costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹1300 at 11% per year for 4 years (in ₹)?
- 34.A cycle costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 35.A shopkeeper buys a cooler for ₹700 and sells it for ₹730. What is the profit (in ₹)?
- 36.A sewing machine bought for ₹2800 is sold for ₹3500. What is the profit per cent?
- 37.A cricket kit costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 38.What is 40% of 40?
- 39.A shopkeeper buys a cycle for ₹350 and sells it for ₹540. What is the profit (in ₹)?
- 40.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2660. What is the loss (in ₹)?
Answer key
- 540
- 935
- 50
- 800
- 1320
- 5
- 250
- 192
- 40
- 490
- 90
- 180
- 75
- 360
- 40
- 9672
- 15
- 230
- 490
- 374
- 1050
- 30
- 5440
- 156
- 25
- 6095
- 130
- 8740
- 126
- 90
- 1
- 1890
- 572
- 1265
- 30
- 25
- 2200
- 16
- 190
- 40
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