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 20% of 440?
- 2.A cricket kit bought for ₹600 is sold for ₹450. What is the loss per cent?
- 3.A cooler costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 4.What is 10% of 160?
- 5.What is 85% of 880?
- 6.What is 70% of 40?
- 7.What is 85% of 340?
- 8.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2340. What is the profit (in ₹)?
- 9.A shopkeeper buys a fan for ₹850 and sells it for ₹1120. What is the profit (in ₹)?
- 10.What is 10% of 840?
- 11.A cooler costs ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 12.A table costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹9800 at 11% per year for 3 years (in ₹)?
- 14.A sewing machine bought for ₹3100 is sold for ₹3255. What is the profit per cent?
- 15.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 4 years (in ₹)?
- 16.What is 80% of 80?
- 17.A cycle costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 18.A table costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 19.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?
- 20.A cycle costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹1200 at 2% per year for 1 year (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹5700 at 9% per year for 4 years (in ₹)?
- 23.What is the simple interest on ₹4500 at 3% per year for 1 year (in ₹)?
- 24.A fan bought for ₹2000 is sold for ₹1800. What is the loss per cent?
- 25.A shopkeeper buys a table for ₹2050 and sells it for ₹1960. What is the loss (in ₹)?
- 26.A shopkeeper buys a watch for ₹1150 and sells it for ₹1140. What is the loss (in ₹)?
- 27.What is the simple interest on ₹2600 at 10% per year for 1 year (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹9000 at 11% per year for 4 years (in ₹)?
- 29.A cricket kit costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹2800 at 6% per year for 1 year (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹390. What is the profit (in ₹)?
- 32.A shopkeeper buys a fan for ₹2350 and sells it for ₹2560. What is the profit (in ₹)?
- 33.A shopkeeper buys a watch for ₹1400 and sells it for ₹1360. What is the loss (in ₹)?
- 34.What is the simple interest on ₹2200 at 10% per year for 2 years (in ₹)?
- 35.What is the simple interest on ₹9700 at 4% per year for 2 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹2600 at 12% per year for 5 years (in ₹)?
- 37.What is 70% of 520?
- 38.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
- 39.What is the simple interest on ₹9500 at 8% per year for 5 years (in ₹)?
- 40.A sewing machine costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
Answer key
- 88
- 25
- 1350
- 16
- 748
- 28
- 289
- 240
- 270
- 84
- 3150
- 3740
- 13034
- 5
- 3720
- 64
- 1265
- 3480
- 30
- 1380
- 24
- 7752
- 135
- 10
- 90
- 10
- 260
- 12960
- 1200
- 2968
- 90
- 210
- 40
- 440
- 776
- 4160
- 364
- 60
- 3800
- 3145
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