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 30% of 180?
- 2.The price of a pair of shoes changed from ₹500 to ₹525. What is the percentage increase?
- 3.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 2 years (in ₹)?
- 4.A table costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 5.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 6.A cricket kit costs ₹1900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 7.What is 55% of 860?
- 8.A table costs ₹3800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.The price of a water bottle changed from ₹50 to ₹45. What is the percentage decrease?
- 10.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 1 year (in ₹)?
- 11.A watch costs ₹500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 12.What is the simple interest on ₹4900 at 4% per year for 2 years (in ₹)?
- 13.What is the simple interest on ₹1200 at 4% per year for 2 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹8000 at 5% per year for 1 year (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹6000 at 3% per year for 2 years (in ₹)?
- 16.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1400. What is the loss (in ₹)?
- 17.A mobile phone bought for ₹1200 is sold for ₹1056. What is the loss per cent?
- 18.What is the simple interest on ₹3300 at 5% per year for 4 years (in ₹)?
- 19.What is 55% of 740?
- 20.A shopkeeper buys a fan for ₹1600 and sells it for ₹1730. What is the profit (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2730. What is the profit (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1800. What is the loss (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2200 at 8% per year for 2 years (in ₹)?
- 24.The price of a water bottle changed from ₹40 to ₹48. What is the percentage increase?
- 25.A mobile phone costs ₹2000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 26.A cricket kit bought for ₹1700 is sold for ₹2550. What is the profit per cent?
- 27.What is 15% of 800?
- 28.What is the simple interest on ₹6800 at 10% per year for 4 years (in ₹)?
- 29.A shopkeeper buys a cooler for ₹200 and sells it for ₹380. What is the profit (in ₹)?
- 30.A shopkeeper buys a table for ₹2150 and sells it for ₹2320. What is the profit (in ₹)?
- 31.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1110. What is the profit (in ₹)?
- 32.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2860. What is the profit (in ₹)?
- 33.A cooler bought for ₹500 is sold for ₹750. What is the profit per cent?
- 34.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 5 years (in ₹)?
- 35.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
- 36.A shopkeeper buys a cricket kit for ₹2900 and sells it for ₹2630. What is the loss (in ₹)?
- 37.What is the simple interest on ₹4600 at 2% per year for 4 years (in ₹)?
- 38.A cycle costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 39.A cooler bought for ₹1400 is sold for ₹980. What is the loss per cent?
- 40.A shopkeeper buys a fan for ₹700 and sells it for ₹830. What is the profit (in ₹)?
Answer key
- 54
- 5
- 9048
- 1710
- 40
- 2185
- 473
- 3610
- 10
- 3255
- 300
- 392
- 96
- 8400
- 6360
- 200
- 12
- 660
- 407
- 130
- 280
- 150
- 2552
- 20
- 2400
- 50
- 120
- 2720
- 180
- 170
- 60
- 110
- 50
- 4600
- 60
- 270
- 368
- 375
- 30
- 130
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