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 watch costs ₹700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 2.The price of a box of mangoes changed from ₹100 to ₹60. What is the percentage decrease?
- 3.What is the amount (principal + simple interest) on ₹6300 at 10% per year for 1 year (in ₹)?
- 4.What is 90% of 740?
- 5.What is the simple interest on ₹2500 at 4% per year for 3 years (in ₹)?
- 6.The price of a school bag changed from ₹400 to ₹396. What is the percentage decrease?
- 7.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2360. What is the loss (in ₹)?
- 8.What is the simple interest on ₹8400 at 6% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹440. What is the profit (in ₹)?
- 10.The price of a box of mangoes changed from ₹250 to ₹100. What is the percentage decrease?
- 11.A mobile phone bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 12.A shopkeeper buys a watch for ₹900 and sells it for ₹1080. What is the profit (in ₹)?
- 13.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2230. What is the profit (in ₹)?
- 14.A shopkeeper buys a fan for ₹350 and sells it for ₹510. What is the profit (in ₹)?
- 15.What is 5% of 620?
- 16.What is the simple interest on ₹4800 at 9% per year for 1 year (in ₹)?
- 17.The price of a box of mangoes changed from ₹80 to ₹104. What is the percentage increase?
- 18.What is the simple interest on ₹2700 at 5% per year for 4 years (in ₹)?
- 19.What is 30% of 420?
- 20.The price of a water bottle changed from ₹50 to ₹80. What is the percentage increase?
- 21.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹960. What is the loss (in ₹)?
- 22.What is 65% of 720?
- 23.What is the simple interest on ₹2600 at 3% per year for 3 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹6500 at 4% per year for 2 years (in ₹)?
- 25.A cricket kit bought for ₹3600 is sold for ₹2160. What is the loss per cent?
- 26.What is the simple interest on ₹2300 at 2% per year for 4 years (in ₹)?
- 27.A fan costs ₹2900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 28.A table costs ₹1300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 5 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹5100 at 11% per year for 3 years (in ₹)?
- 31.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1590. What is the profit (in ₹)?
- 32.What is 65% of 140?
- 33.What is the simple interest on ₹8800 at 9% per year for 4 years (in ₹)?
- 34.A cooler bought for ₹3400 is sold for ₹3570. What is the profit per cent?
- 35.The price of a water bottle changed from ₹80 to ₹120. What is the percentage increase?
- 36.A shopkeeper buys a table for ₹500 and sells it for ₹630. What is the profit (in ₹)?
- 37.What is 95% of 160?
- 38.What is the amount (principal + simple interest) on ₹5400 at 10% per year for 3 years (in ₹)?
- 39.A cooler bought for ₹1100 is sold for ₹1232. What is the profit per cent?
- 40.The price of a bus pass changed from ₹500 to ₹625. What is the percentage increase?
Answer key
- 840
- 40
- 6930
- 666
- 300
- 1
- 290
- 1512
- 140
- 60
- 20
- 180
- 80
- 160
- 31
- 432
- 30
- 540
- 126
- 60
- 240
- 468
- 234
- 7020
- 40
- 184
- 4060
- 1456
- 12000
- 6783
- 290
- 91
- 3168
- 5
- 50
- 130
- 152
- 7020
- 12
- 25
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