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 45% of 300?
- 2.The price of a water bottle changed from ₹50 to ₹20. What is the percentage decrease?
- 3.What is 30% of 920?
- 4.A shopkeeper buys a fan for ₹2550 and sells it for ₹2300. What is the loss (in ₹)?
- 5.What is 75% of 180?
- 6.A mobile phone costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 7.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1810. What is the profit (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 2 years (in ₹)?
- 9.A fan costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2910. What is the profit (in ₹)?
- 11.A shopkeeper buys a cycle for ₹250 and sells it for ₹380. What is the profit (in ₹)?
- 12.The price of a cricket ball changed from ₹400 to ₹100. What is the percentage decrease?
- 13.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 3 years (in ₹)?
- 14.A shopkeeper buys a cooler for ₹600 and sells it for ₹520. What is the loss (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹7500 at 8% per year for 4 years (in ₹)?
- 16.What is the simple interest on ₹3500 at 4% per year for 3 years (in ₹)?
- 17.What is the simple interest on ₹8000 at 5% per year for 4 years (in ₹)?
- 18.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹1810. What is the loss (in ₹)?
- 19.A cooler bought for ₹3300 is sold for ₹2640. What is the loss per cent?
- 20.What is the simple interest on ₹7900 at 10% per year for 5 years (in ₹)?
- 21.What is 55% of 540?
- 22.What is 10% of 200?
- 23.A shopkeeper buys a fan for ₹450 and sells it for ₹580. What is the profit (in ₹)?
- 24.What is 55% of 260?
- 25.What is the simple interest on ₹7800 at 6% per year for 1 year (in ₹)?
- 26.What is 75% of 60?
- 27.A shopkeeper buys a table for ₹1800 and sells it for ₹1850. What is the profit (in ₹)?
- 28.A watch bought for ₹2000 is sold for ₹2400. What is the profit per cent?
- 29.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 5 years (in ₹)?
- 30.A sewing machine costs ₹3900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 31.A cycle bought for ₹2100 is sold for ₹1470. What is the loss per cent?
- 32.What is the simple interest on ₹6400 at 5% per year for 1 year (in ₹)?
- 33.A sewing machine costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 34.What is 20% of 80?
- 35.What is the simple interest on ₹2800 at 6% per year for 2 years (in ₹)?
- 36.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹560. What is the loss (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 4 years (in ₹)?
- 38.A cycle costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.What is the simple interest on ₹1100 at 3% per year for 2 years (in ₹)?
- 40.What is 70% of 960?
Answer key
- 135
- 60
- 276
- 250
- 135
- 1725
- 60
- 1792
- 3840
- 160
- 130
- 75
- 3105
- 80
- 9900
- 420
- 1600
- 290
- 20
- 3950
- 297
- 20
- 130
- 143
- 468
- 45
- 50
- 20
- 14560
- 4368
- 30
- 320
- 1980
- 16
- 336
- 290
- 11152
- 3630
- 66
- 672
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