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 15% of 900?
- 2.A shopkeeper buys a watch for ₹1500 and sells it for ₹1590. What is the profit (in ₹)?
- 3.What is the simple interest on ₹1800 at 9% per year for 5 years (in ₹)?
- 4.The price of a water bottle changed from ₹50 to ₹10. What is the percentage decrease?
- 5.The price of a school bag changed from ₹200 to ₹196. What is the percentage decrease?
- 6.A shopkeeper buys a fan for ₹650 and sells it for ₹940. What is the profit (in ₹)?
- 7.A cricket kit bought for ₹2300 is sold for ₹2024. What is the loss per cent?
- 8.A table costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 1 year (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹8200 at 6% per year for 2 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 4 years (in ₹)?
- 12.What is the simple interest on ₹3400 at 8% per year for 1 year (in ₹)?
- 13.A mobile phone costs ₹900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 2 years (in ₹)?
- 15.What is 95% of 960?
- 16.A shopkeeper buys a cooler for ₹800 and sells it for ₹690. What is the loss (in ₹)?
- 17.The price of a school bag changed from ₹80 to ₹32. What is the percentage decrease?
- 18.What is the simple interest on ₹4600 at 9% per year for 2 years (in ₹)?
- 19.What is the simple interest on ₹5400 at 12% per year for 5 years (in ₹)?
- 20.A fan bought for ₹2500 is sold for ₹2750. What is the profit per cent?
- 21.What is the simple interest on ₹1200 at 8% per year for 2 years (in ₹)?
- 22.What is the simple interest on ₹8500 at 8% per year for 1 year (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2600 at 5% per year for 4 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹8900 at 7% per year for 3 years (in ₹)?
- 25.What is 65% of 40?
- 26.A watch bought for ₹2900 is sold for ₹3625. What is the profit per cent?
- 27.The price of a box of mangoes changed from ₹20 to ₹21. What is the percentage increase?
- 28.A mobile phone costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 29.A fan bought for ₹3900 is sold for ₹5070. What is the profit per cent?
- 30.The price of a water bottle changed from ₹40 to ₹48. What is the percentage increase?
- 31.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1260. What is the loss (in ₹)?
- 32.A cycle bought for ₹3500 is sold for ₹3850. What is the profit per cent?
- 33.A table costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 34.A table costs ₹2800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2800 at 10% per year for 3 years (in ₹)?
- 36.A cooler costs ₹1100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 37.A cricket kit bought for ₹800 is sold for ₹1000. What is the profit per cent?
- 38.A shopkeeper buys a cycle for ₹750 and sells it for ₹510. What is the loss (in ₹)?
- 39.A mobile phone costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 40.What is 45% of 580?
Answer key
- 135
- 90
- 810
- 80
- 2
- 290
- 12
- 160
- 2052
- 9184
- 3000
- 272
- 1125
- 2596
- 912
- 110
- 60
- 828
- 3240
- 10
- 192
- 680
- 3120
- 10769
- 26
- 25
- 5
- 3520
- 30
- 20
- 90
- 10
- 2970
- 1400
- 3640
- 1155
- 25
- 240
- 390
- 261
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