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 95% of 180?
- 2.What is the amount (principal + simple interest) on ₹3000 at 12% per year for 3 years (in ₹)?
- 3.A watch costs ₹3300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 4.What is the simple interest on ₹3800 at 8% per year for 4 years (in ₹)?
- 5.What is the simple interest on ₹5500 at 3% per year for 5 years (in ₹)?
- 6.A shopkeeper buys a fan for ₹900 and sells it for ₹930. What is the profit (in ₹)?
- 7.What is the simple interest on ₹8100 at 6% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹570. What is the loss (in ₹)?
- 9.A fan costs ₹3800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 10.What is 30% of 280?
- 11.What is 30% of 240?
- 12.What is the simple interest on ₹4700 at 4% per year for 5 years (in ₹)?
- 13.The price of a school bag changed from ₹500 to ₹250. What is the percentage decrease?
- 14.What is 65% of 240?
- 15.A cooler costs ₹2200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 16.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹510. What is the profit (in ₹)?
- 17.The price of a school bag changed from ₹80 to ₹40. What is the percentage decrease?
- 18.A fan costs ₹3100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 19.A table bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 20.What is 40% of 260?
- 21.What is the amount (principal + simple interest) on ₹8800 at 11% per year for 4 years (in ₹)?
- 22.A watch costs ₹3300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 23.The price of a cricket ball changed from ₹50 to ₹80. What is the percentage increase?
- 24.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
- 25.A cricket kit costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 26.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
- 27.What is the simple interest on ₹4800 at 5% per year for 3 years (in ₹)?
- 28.What is the simple interest on ₹4100 at 6% per year for 3 years (in ₹)?
- 29.A shopkeeper buys a cooler for ₹200 and sells it for ₹110. What is the loss (in ₹)?
- 30.A cricket kit bought for ₹3500 is sold for ₹2100. What is the loss per cent?
- 31.What is the simple interest on ₹800 at 8% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1180. What is the loss (in ₹)?
- 33.What is the simple interest on ₹6200 at 2% per year for 2 years (in ₹)?
- 34.What is 20% of 640?
- 35.A shopkeeper buys a watch for ₹1250 and sells it for ₹990. What is the loss (in ₹)?
- 36.A mobile phone costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 37.What is 10% of 340?
- 38.What is the simple interest on ₹5500 at 9% per year for 4 years (in ₹)?
- 39.The price of a school bag changed from ₹100 to ₹40. What is the percentage decrease?
- 40.A cycle costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
Answer key
- 171
- 4080
- 2805
- 1216
- 825
- 30
- 486
- 80
- 4560
- 84
- 72
- 940
- 50
- 156
- 1100
- 160
- 50
- 3472
- 5
- 104
- 12672
- 3696
- 60
- 5
- 1056
- 80
- 720
- 738
- 90
- 40
- 128
- 20
- 248
- 128
- 260
- 360
- 34
- 1980
- 60
- 3990
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