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 840?
- 2.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹200. What is the loss (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹3200 at 5% per year for 3 years (in ₹)?
- 4.The price of a school bag changed from ₹400 to ₹100. What is the percentage decrease?
- 5.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2310. What is the profit (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2350. What is the profit (in ₹)?
- 7.A table bought for ₹1400 is sold for ₹1330. What is the loss per cent?
- 8.A mobile phone bought for ₹4000 is sold for ₹3520. What is the loss per cent?
- 9.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
- 10.What is the amount (principal + simple interest) on ₹8600 at 8% per year for 1 year (in ₹)?
- 11.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1460. What is the loss (in ₹)?
- 12.What is the simple interest on ₹6100 at 5% per year for 1 year (in ₹)?
- 13.A fan costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 5 years (in ₹)?
- 15.What is 95% of 1000?
- 16.The price of a school bag changed from ₹400 to ₹200. What is the percentage decrease?
- 17.What is 5% of 580?
- 18.A shopkeeper buys a watch for ₹400 and sells it for ₹660. What is the profit (in ₹)?
- 19.What is the simple interest on ₹7100 at 5% per year for 2 years (in ₹)?
- 20.What is 95% of 260?
- 21.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 2 years (in ₹)?
- 22.The price of a pair of shoes changed from ₹400 to ₹520. What is the percentage increase?
- 23.A mobile phone bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 24.What is the amount (principal + simple interest) on ₹3000 at 5% per year for 3 years (in ₹)?
- 25.A table costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 26.A table costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹2900 at 12% per year for 3 years (in ₹)?
- 28.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
- 29.The price of a cricket ball changed from ₹25 to ₹5. What is the percentage decrease?
- 30.What is the simple interest on ₹3000 at 6% per year for 4 years (in ₹)?
- 31.What is 90% of 440?
- 32.What is 35% of 400?
- 33.A cycle bought for ₹1000 is sold for ₹1050. What is the profit per cent?
- 34.What is 40% of 240?
- 35.What is the simple interest on ₹2100 at 2% per year for 3 years (in ₹)?
- 36.The price of a pair of shoes changed from ₹500 to ₹375. What is the percentage decrease?
- 37.What is the simple interest on ₹3700 at 12% per year for 4 years (in ₹)?
- 38.What is 5% of 40?
- 39.A sewing machine bought for ₹2900 is sold for ₹2030. What is the loss per cent?
- 40.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹760. What is the profit (in ₹)?
Answer key
- 630
- 200
- 3680
- 75
- 110
- 150
- 5
- 12
- 60
- 9288
- 90
- 305
- 700
- 5070
- 950
- 50
- 29
- 260
- 710
- 247
- 7370
- 30
- 10
- 3450
- 896
- 2835
- 1044
- 20
- 80
- 720
- 396
- 140
- 5
- 96
- 126
- 25
- 1776
- 2
- 30
- 260
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