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 920?
- 2.A cricket kit bought for ₹1300 is sold for ₹910. What is the loss per cent?
- 3.A cooler bought for ₹2500 is sold for ₹2200. What is the loss per cent?
- 4.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 5.What is the amount (principal + simple interest) on ₹6200 at 5% per year for 2 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 3 years (in ₹)?
- 7.What is 55% of 240?
- 8.What is 15% of 800?
- 9.A shopkeeper buys a watch for ₹2900 and sells it for ₹2970. What is the profit (in ₹)?
- 10.A shopkeeper buys a watch for ₹2200 and sells it for ₹2210. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 3 years (in ₹)?
- 12.What is the simple interest on ₹6600 at 2% per year for 4 years (in ₹)?
- 13.A sewing machine costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 14.What is 80% of 200?
- 15.A mobile phone bought for ₹800 is sold for ₹880. What is the profit per cent?
- 16.A fan bought for ₹3500 is sold for ₹3920. What is the profit per cent?
- 17.The price of a box of mangoes changed from ₹50 to ₹20. What is the percentage decrease?
- 18.A fan bought for ₹3300 is sold for ₹3630. What is the profit per cent?
- 19.A fan bought for ₹2100 is sold for ₹2205. What is the profit per cent?
- 20.The price of a box of mangoes changed from ₹40 to ₹56. What is the percentage increase?
- 21.What is 25% of 540?
- 22.What is the simple interest on ₹1500 at 10% per year for 5 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹500 at 10% per year for 3 years (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1800. What is the loss (in ₹)?
- 25.What is the simple interest on ₹1800 at 2% per year for 5 years (in ₹)?
- 26.A shopkeeper buys a fan for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
- 27.What is 65% of 120?
- 28.What is the amount (principal + simple interest) on ₹6400 at 11% per year for 3 years (in ₹)?
- 29.A watch costs ₹3200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 30.A cricket kit costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 31.What is 70% of 900?
- 32.What is the amount (principal + simple interest) on ₹9300 at 4% per year for 2 years (in ₹)?
- 33.What is 25% of 920?
- 34.What is the amount (principal + simple interest) on ₹5100 at 9% per year for 3 years (in ₹)?
- 35.What is the simple interest on ₹900 at 10% per year for 1 year (in ₹)?
- 36.A cooler costs ₹4000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 37.What is 15% of 200?
- 38.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2860. What is the profit (in ₹)?
- 39.The price of a box of mangoes changed from ₹80 to ₹112. What is the percentage increase?
- 40.A watch costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
Answer key
- 138
- 30
- 12
- 20
- 6820
- 7820
- 132
- 120
- 70
- 10
- 3894
- 528
- 896
- 160
- 10
- 12
- 60
- 10
- 5
- 40
- 135
- 750
- 650
- 200
- 180
- 250
- 78
- 8512
- 3680
- 3150
- 630
- 10044
- 230
- 6477
- 90
- 5200
- 30
- 60
- 40
- 1440
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