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.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 2.What is 55% of 220?
- 3.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1060. What is the loss (in ₹)?
- 4.What is the simple interest on ₹7300 at 11% per year for 1 year (in ₹)?
- 5.A mobile phone costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹1910. What is the loss (in ₹)?
- 7.A mobile phone costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 8.A shopkeeper buys a fan for ₹1900 and sells it for ₹1750. What is the loss (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 3 years (in ₹)?
- 10.A sewing machine bought for ₹2400 is sold for ₹1920. What is the loss per cent?
- 11.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 1 year (in ₹)?
- 12.A cricket kit costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 13.What is 45% of 320?
- 14.What is the simple interest on ₹6700 at 11% per year for 2 years (in ₹)?
- 15.What is the simple interest on ₹6800 at 3% per year for 3 years (in ₹)?
- 16.What is 5% of 540?
- 17.The price of a school bag changed from ₹40 to ₹72. What is the percentage increase?
- 18.A watch costs ₹200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 19.The price of a school bag changed from ₹250 to ₹400. What is the percentage increase?
- 20.What is 95% of 960?
- 21.What is the simple interest on ₹2000 at 2% per year for 5 years (in ₹)?
- 22.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1800. What is the loss (in ₹)?
- 23.What is 30% of 1000?
- 24.What is the amount (principal + simple interest) on ₹10000 at 5% per year for 1 year (in ₹)?
- 25.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1980. What is the profit (in ₹)?
- 26.A cycle bought for ₹1500 is sold for ₹1575. What is the profit per cent?
- 27.A watch bought for ₹2100 is sold for ₹2625. What is the profit per cent?
- 28.A fan bought for ₹800 is sold for ₹600. What is the loss per cent?
- 29.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2450. What is the profit (in ₹)?
- 30.A mobile phone costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 31.The price of a water bottle changed from ₹80 to ₹96. What is the percentage increase?
- 32.What is the simple interest on ₹1500 at 11% per year for 1 year (in ₹)?
- 33.What is the simple interest on ₹7600 at 4% per year for 2 years (in ₹)?
- 34.What is 70% of 100?
- 35.A mobile phone costs ₹3900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 36.What is 70% of 580?
- 37.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2590. What is the loss (in ₹)?
- 38.A shopkeeper buys a cycle for ₹1000 and sells it for ₹830. What is the loss (in ₹)?
- 39.What is 75% of 240?
- 40.What is the amount (principal + simple interest) on ₹8700 at 9% per year for 3 years (in ₹)?
Answer key
- 20
- 121
- 90
- 803
- 3450
- 290
- 900
- 150
- 9856
- 20
- 3162
- 640
- 144
- 1474
- 612
- 27
- 80
- 250
- 60
- 912
- 200
- 50
- 300
- 10500
- 130
- 5
- 25
- 25
- 50
- 3330
- 20
- 165
- 608
- 70
- 3510
- 406
- 60
- 170
- 180
- 11049
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