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 340?
- 2.The price of a box of mangoes changed from ₹50 to ₹40. What is the percentage decrease?
- 3.What is 10% of 980?
- 4.What is the amount (principal + simple interest) on ₹7100 at 3% per year for 2 years (in ₹)?
- 5.The price of a water bottle changed from ₹50 to ₹51. What is the percentage increase?
- 6.A shopkeeper buys a fan for ₹250 and sells it for ₹300. What is the profit (in ₹)?
- 7.A mobile phone costs ₹2000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 8.The price of a water bottle changed from ₹80 to ₹144. What is the percentage increase?
- 9.A shopkeeper buys a table for ₹800 and sells it for ₹540. What is the loss (in ₹)?
- 10.What is 60% of 280?
- 11.A shopkeeper buys a cycle for ₹950 and sells it for ₹1110. What is the profit (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹290. What is the profit (in ₹)?
- 13.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
- 14.A cooler bought for ₹3500 is sold for ₹3850. What is the profit per cent?
- 15.A cooler bought for ₹3300 is sold for ₹3135. What is the loss per cent?
- 16.A watch bought for ₹1000 is sold for ₹1200. What is the profit per cent?
- 17.A cricket kit costs ₹500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 18.A fan costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 19.What is 25% of 800?
- 20.What is the simple interest on ₹5500 at 4% per year for 3 years (in ₹)?
- 21.What is 80% of 600?
- 22.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2800. What is the profit (in ₹)?
- 23.What is 75% of 760?
- 24.What is the simple interest on ₹8400 at 6% per year for 1 year (in ₹)?
- 25.What is the simple interest on ₹2300 at 9% per year for 4 years (in ₹)?
- 26.A sewing machine costs ₹3300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 27.What is 55% of 140?
- 28.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2540. What is the profit (in ₹)?
- 29.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
- 30.A cricket kit costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 31.A shopkeeper buys a table for ₹1500 and sells it for ₹1630. What is the profit (in ₹)?
- 32.The price of a pair of shoes changed from ₹250 to ₹150. What is the percentage decrease?
- 33.What is 80% of 880?
- 34.A watch costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 35.The price of a water bottle changed from ₹20 to ₹28. What is the percentage increase?
- 36.A cricket kit bought for ₹700 is sold for ₹735. What is the profit per cent?
- 37.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2070. What is the loss (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹3000 at 3% per year for 5 years (in ₹)?
- 39.A cycle bought for ₹3400 is sold for ₹2550. What is the loss per cent?
- 40.What is the simple interest on ₹7600 at 2% per year for 5 years (in ₹)?
Answer key
- 153
- 20
- 98
- 7526
- 2
- 50
- 3000
- 80
- 260
- 168
- 160
- 90
- 20
- 10
- 5
- 20
- 750
- 2125
- 200
- 660
- 480
- 50
- 570
- 504
- 828
- 3696
- 77
- 190
- 200
- 850
- 130
- 40
- 704
- 3990
- 40
- 5
- 180
- 3450
- 25
- 760
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