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 70% of 80?
- 2.A cycle bought for ₹4000 is sold for ₹5200. What is the profit per cent?
- 3.A table costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 4.What is 10% of 700?
- 5.What is 25% of 780?
- 6.The price of a pair of shoes changed from ₹250 to ₹400. What is the percentage increase?
- 7.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2050. What is the loss (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2980. What is the profit (in ₹)?
- 9.The price of a box of mangoes changed from ₹400 to ₹440. What is the percentage increase?
- 10.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 11.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2530. What is the profit (in ₹)?
- 12.What is 20% of 660?
- 13.A fan bought for ₹1900 is sold for ₹950. What is the loss per cent?
- 14.What is 25% of 540?
- 15.A cricket kit costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 16.A watch costs ₹2200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹6200 at 3% per year for 3 years (in ₹)?
- 18.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
- 19.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 3 years (in ₹)?
- 20.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1670. What is the loss (in ₹)?
- 21.A cycle bought for ₹700 is sold for ₹630. What is the loss per cent?
- 22.The price of a cricket ball changed from ₹80 to ₹96. What is the percentage increase?
- 23.What is 5% of 600?
- 24.What is 35% of 340?
- 25.What is the amount (principal + simple interest) on ₹3400 at 5% per year for 3 years (in ₹)?
- 26.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
- 27.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 2 years (in ₹)?
- 28.A watch costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 29.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1230. What is the loss (in ₹)?
- 30.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1270. What is the loss (in ₹)?
- 31.The price of a pair of shoes changed from ₹40 to ₹20. What is the percentage decrease?
- 32.What is 5% of 1000?
- 33.What is the simple interest on ₹8900 at 4% per year for 5 years (in ₹)?
- 34.A cooler costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 35.A mobile phone costs ₹2800. It is sold at a 10% loss. What is the selling price (in ₹)?
- 36.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
- 37.What is the simple interest on ₹4800 at 12% per year for 3 years (in ₹)?
- 38.A mobile phone costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 39.A cooler costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹4700 at 5% per year for 3 years (in ₹)?
Answer key
- 56
- 30
- 550
- 70
- 195
- 60
- 150
- 230
- 10
- 40
- 80
- 132
- 50
- 135
- 280
- 1540
- 558
- 20
- 2976
- 80
- 10
- 20
- 30
- 119
- 3910
- 90
- 6720
- 1890
- 70
- 230
- 50
- 50
- 1780
- 1500
- 2520
- 20
- 1728
- 3240
- 280
- 5405
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