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 45% of 400?
- 2.What is the amount (principal + simple interest) on ₹5900 at 12% per year for 5 years (in ₹)?
- 3.A shopkeeper buys a fan for ₹1400 and sells it for ₹1190. What is the loss (in ₹)?
- 4.What is the simple interest on ₹8300 at 12% per year for 3 years (in ₹)?
- 5.What is 40% of 180?
- 6.A cricket kit costs ₹2200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 7.What is 15% of 40?
- 8.What is 20% of 140?
- 9.A watch costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2590. What is the profit (in ₹)?
- 11.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
- 12.What is the simple interest on ₹4900 at 4% per year for 3 years (in ₹)?
- 13.The price of a bus pass changed from ₹50 to ₹80. What is the percentage increase?
- 14.A mobile phone bought for ₹1800 is sold for ₹2250. What is the profit per cent?
- 15.A cooler bought for ₹400 is sold for ₹500. What is the profit per cent?
- 16.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹2140. What is the profit (in ₹)?
- 17.A fan bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 18.What is the simple interest on ₹3200 at 2% per year for 4 years (in ₹)?
- 19.What is 35% of 800?
- 20.A cricket kit costs ₹2400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 21.What is 90% of 940?
- 22.A shopkeeper buys a table for ₹2600 and sells it for ₹2790. What is the profit (in ₹)?
- 23.What is 15% of 880?
- 24.The price of a pair of shoes changed from ₹250 to ₹225. What is the percentage decrease?
- 25.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
- 26.A cooler costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹8900 at 7% per year for 1 year (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹3300 at 12% per year for 5 years (in ₹)?
- 29.What is 10% of 980?
- 30.The price of a box of mangoes changed from ₹400 to ₹408. What is the percentage increase?
- 31.What is 65% of 800?
- 32.What is the amount (principal + simple interest) on ₹5500 at 2% per year for 1 year (in ₹)?
- 33.A cricket kit bought for ₹800 is sold for ₹600. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 5 years (in ₹)?
- 35.The price of a cricket ball changed from ₹20 to ₹16. What is the percentage decrease?
- 36.What is 60% of 860?
- 37.A cooler bought for ₹2700 is sold for ₹1350. What is the loss per cent?
- 38.The price of a cricket ball changed from ₹250 to ₹450. What is the percentage increase?
- 39.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1370. What is the loss (in ₹)?
- 40.What is the simple interest on ₹3700 at 7% per year for 1 year (in ₹)?
Answer key
- 180
- 9440
- 210
- 2988
- 72
- 2530
- 6
- 28
- 4875
- 90
- 20
- 588
- 60
- 25
- 25
- 290
- 50
- 256
- 280
- 3000
- 846
- 190
- 132
- 10
- 60
- 760
- 9523
- 5280
- 98
- 2
- 520
- 5610
- 25
- 3335
- 20
- 516
- 50
- 80
- 80
- 259
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