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 80% of 1000?
- 2.What is the simple interest on ₹6700 at 12% per year for 4 years (in ₹)?
- 3.A shopkeeper buys a cycle for ₹2250 and sells it for ₹1980. What is the loss (in ₹)?
- 4.What is 35% of 160?
- 5.What is the simple interest on ₹3900 at 2% per year for 2 years (in ₹)?
- 6.What is the simple interest on ₹5000 at 12% per year for 3 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹3400 at 4% per year for 2 years (in ₹)?
- 8.A shopkeeper buys a fan for ₹450 and sells it for ₹640. What is the profit (in ₹)?
- 9.What is 40% of 500?
- 10.What is 10% of 140?
- 11.A sewing machine costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.A sewing machine costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a table for ₹2600 and sells it for ₹2890. What is the profit (in ₹)?
- 14.What is the simple interest on ₹3200 at 4% per year for 3 years (in ₹)?
- 15.What is 40% of 980?
- 16.What is the simple interest on ₹9100 at 4% per year for 5 years (in ₹)?
- 17.What is the simple interest on ₹1700 at 8% per year for 1 year (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 2 years (in ₹)?
- 19.A cooler costs ₹1700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 20.A cricket kit costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 21.The price of a cricket ball changed from ₹80 to ₹16. What is the percentage decrease?
- 22.A cooler bought for ₹2500 is sold for ₹3125. What is the profit per cent?
- 23.A shopkeeper buys a watch for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
- 24.A mobile phone bought for ₹2500 is sold for ₹3000. What is the profit per cent?
- 25.A shopkeeper buys a table for ₹650 and sells it for ₹940. What is the profit (in ₹)?
- 26.A cycle bought for ₹2200 is sold for ₹1760. What is the loss per cent?
- 27.The price of a cricket ball changed from ₹80 to ₹76. What is the percentage decrease?
- 28.A shopkeeper buys a table for ₹2550 and sells it for ₹2740. What is the profit (in ₹)?
- 29.What is the simple interest on ₹5500 at 2% per year for 5 years (in ₹)?
- 30.What is 65% of 420?
- 31.A mobile phone costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 32.What is 5% of 660?
- 33.What is the simple interest on ₹6200 at 12% per year for 1 year (in ₹)?
- 34.A mobile phone costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 35.What is 25% of 600?
- 36.The price of a cricket ball changed from ₹250 to ₹375. What is the percentage increase?
- 37.What is the amount (principal + simple interest) on ₹4500 at 6% per year for 1 year (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 4 years (in ₹)?
- 39.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
- 40.A watch costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
Answer key
- 800
- 3216
- 270
- 56
- 156
- 1800
- 3672
- 190
- 200
- 14
- 1440
- 1260
- 290
- 384
- 392
- 1820
- 136
- 3432
- 1870
- 910
- 80
- 25
- 10
- 20
- 290
- 20
- 5
- 190
- 550
- 273
- 1000
- 33
- 744
- 2760
- 150
- 50
- 4770
- 1984
- 5
- 2100
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