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 40% of 1000?
- 2.What is 75% of 620?
- 3.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
- 4.A shopkeeper buys a table for ₹200 and sells it for ₹190. What is the loss (in ₹)?
- 5.A fan costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1360. What is the loss (in ₹)?
- 7.What is the simple interest on ₹7200 at 9% per year for 3 years (in ₹)?
- 8.What is the simple interest on ₹3300 at 11% per year for 4 years (in ₹)?
- 9.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 10.A sewing machine costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.A cooler bought for ₹2400 is sold for ₹3120. What is the profit per cent?
- 12.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 3 years (in ₹)?
- 13.The price of a water bottle changed from ₹400 to ₹520. What is the percentage increase?
- 14.A shopkeeper buys a cooler for ₹200 and sells it for ₹390. What is the profit (in ₹)?
- 15.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
- 16.A table bought for ₹400 is sold for ₹200. What is the loss per cent?
- 17.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
- 18.A cooler costs ₹3900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹4600 at 4% per year for 1 year (in ₹)?
- 20.What is 10% of 260?
- 21.A cooler bought for ₹2000 is sold for ₹2240. What is the profit per cent?
- 22.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
- 23.What is the simple interest on ₹4900 at 8% per year for 3 years (in ₹)?
- 24.What is the simple interest on ₹2400 at 12% per year for 3 years (in ₹)?
- 25.A shopkeeper buys a table for ₹1900 and sells it for ₹1930. What is the profit (in ₹)?
- 26.What is 10% of 380?
- 27.A shopkeeper buys a cooler for ₹2900 and sells it for ₹3000. What is the profit (in ₹)?
- 28.A sewing machine costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 29.A cricket kit bought for ₹1000 is sold for ₹1300. What is the profit per cent?
- 30.What is the simple interest on ₹5900 at 11% per year for 5 years (in ₹)?
- 31.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2120. What is the loss (in ₹)?
- 32.A mobile phone costs ₹1700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 33.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1990. What is the profit (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹9300 at 6% per year for 4 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹9000 at 7% per year for 1 year (in ₹)?
- 36.A table costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹8000 at 6% per year for 5 years (in ₹)?
- 38.What is the simple interest on ₹7900 at 3% per year for 1 year (in ₹)?
- 39.The price of a cricket ball changed from ₹40 to ₹52. What is the percentage increase?
- 40.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 4 years (in ₹)?
Answer key
- 400
- 465
- 40
- 10
- 425
- 140
- 1944
- 1452
- 20
- 1820
- 30
- 1962
- 30
- 190
- 80
- 50
- 5
- 3705
- 184
- 26
- 12
- 20
- 1176
- 864
- 30
- 38
- 100
- 550
- 30
- 3245
- 80
- 1445
- 140
- 11532
- 9630
- 3410
- 10400
- 237
- 30
- 8064
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