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 70% of 100?
- 2.What is 80% of 700?
- 3.A shopkeeper buys a table for ₹2650 and sells it for ₹2710. What is the profit (in ₹)?
- 4.What is the simple interest on ₹2100 at 7% per year for 5 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8600 at 3% per year for 4 years (in ₹)?
- 6.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
- 7.A cricket kit costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 8.A cricket kit bought for ₹600 is sold for ₹528. What is the loss per cent?
- 9.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2200. What is the loss (in ₹)?
- 10.A cycle bought for ₹1000 is sold for ₹900. What is the loss per cent?
- 11.What is the amount (principal + simple interest) on ₹8400 at 12% per year for 1 year (in ₹)?
- 12.A fan costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 13.A cycle costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹7600 at 5% per year for 5 years (in ₹)?
- 15.The price of a school bag changed from ₹100 to ₹160. What is the percentage increase?
- 16.A table costs ₹3600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 17.What is 80% of 80?
- 18.The price of a pair of shoes changed from ₹40 to ₹72. What is the percentage increase?
- 19.What is the amount (principal + simple interest) on ₹6600 at 12% per year for 1 year (in ₹)?
- 20.A table bought for ₹1100 is sold for ₹1430. What is the profit per cent?
- 21.What is the amount (principal + simple interest) on ₹8100 at 5% per year for 3 years (in ₹)?
- 22.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
- 23.The price of a bus pass changed from ₹250 to ₹300. What is the percentage increase?
- 24.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1460. What is the profit (in ₹)?
- 25.A fan costs ₹2900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹8000 at 11% per year for 2 years (in ₹)?
- 27.A cycle costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 28.A cycle bought for ₹600 is sold for ₹672. What is the profit per cent?
- 29.What is the simple interest on ₹2600 at 12% per year for 1 year (in ₹)?
- 30.A watch costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹5500 at 6% per year for 2 years (in ₹)?
- 32.The price of a bus pass changed from ₹20 to ₹21. What is the percentage increase?
- 33.The price of a pair of shoes changed from ₹100 to ₹140. What is the percentage increase?
- 34.A fan costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 35.A sewing machine bought for ₹200 is sold for ₹160. What is the loss per cent?
- 36.What is the simple interest on ₹6800 at 4% per year for 1 year (in ₹)?
- 37.A shopkeeper buys a fan for ₹1400 and sells it for ₹1250. What is the loss (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹9100 at 3% per year for 3 years (in ₹)?
- 39.A fan costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 1 year (in ₹)?
Answer key
- 70
- 560
- 60
- 735
- 9632
- 90
- 2552
- 12
- 150
- 10
- 9408
- 2200
- 1380
- 9500
- 60
- 3780
- 64
- 80
- 7392
- 30
- 9315
- 80
- 20
- 60
- 3335
- 1760
- 6000
- 12
- 312
- 1430
- 660
- 5
- 40
- 2750
- 20
- 272
- 150
- 9919
- 2100
- 4644
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