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.A sewing machine bought for ₹900 is sold for ₹1350. What is the profit per cent?
- 2.What is 45% of 780?
- 3.A shopkeeper buys a table for ₹1200 and sells it for ₹1280. What is the profit (in ₹)?
- 4.A mobile phone costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 5.The price of a school bag changed from ₹500 to ₹505. What is the percentage increase?
- 6.What is 35% of 300?
- 7.A cycle bought for ₹1400 is sold for ₹2100. What is the profit per cent?
- 8.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 1 year (in ₹)?
- 9.What is 15% of 320?
- 10.What is the simple interest on ₹2000 at 2% per year for 3 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹9300 at 10% per year for 1 year (in ₹)?
- 12.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹910. What is the profit (in ₹)?
- 13.What is 15% of 620?
- 14.What is 10% of 420?
- 15.What is the simple interest on ₹5100 at 3% per year for 3 years (in ₹)?
- 16.The price of a bus pass changed from ₹100 to ₹80. What is the percentage decrease?
- 17.A cycle costs ₹700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 18.A shopkeeper buys a table for ₹1650 and sells it for ₹1880. What is the profit (in ₹)?
- 19.A shopkeeper buys a watch for ₹1900 and sells it for ₹2140. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹7600 at 2% per year for 4 years (in ₹)?
- 21.What is the simple interest on ₹6300 at 8% per year for 2 years (in ₹)?
- 22.What is 95% of 420?
- 23.What is 5% of 520?
- 24.What is 55% of 920?
- 25.The price of a cricket ball changed from ₹250 to ₹350. What is the percentage increase?
- 26.A mobile phone bought for ₹1100 is sold for ₹550. What is the loss per cent?
- 27.A watch bought for ₹900 is sold for ₹945. What is the profit per cent?
- 28.A shopkeeper buys a cycle for ₹950 and sells it for ₹770. What is the loss (in ₹)?
- 29.A cooler costs ₹800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹590. What is the loss (in ₹)?
- 31.What is the simple interest on ₹3800 at 4% per year for 5 years (in ₹)?
- 32.A table costs ₹3100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹3700 at 9% per year for 4 years (in ₹)?
- 34.A table costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 35.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1340. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 1 year (in ₹)?
- 37.What is 45% of 340?
- 38.What is the amount (principal + simple interest) on ₹5600 at 9% per year for 2 years (in ₹)?
- 39.What is 75% of 340?
- 40.A mobile phone bought for ₹500 is sold for ₹650. What is the profit per cent?
Answer key
- 50
- 351
- 80
- 1100
- 1
- 105
- 50
- 2310
- 48
- 120
- 10230
- 210
- 93
- 42
- 459
- 20
- 910
- 230
- 240
- 8208
- 1008
- 399
- 26
- 506
- 40
- 50
- 5
- 180
- 560
- 260
- 760
- 4650
- 5032
- 1300
- 140
- 1210
- 153
- 6608
- 255
- 30
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