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 30% of 600?
- 2.The price of a cricket ball changed from ₹80 to ₹40. What is the percentage decrease?
- 3.What is the simple interest on ₹9700 at 11% per year for 2 years (in ₹)?
- 4.A table bought for ₹1200 is sold for ₹840. What is the loss per cent?
- 5.A mobile phone costs ₹1000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 6.The price of a box of mangoes changed from ₹80 to ₹96. What is the percentage increase?
- 7.A shopkeeper buys a watch for ₹1550 and sells it for ₹1420. What is the loss (in ₹)?
- 8.A cricket kit costs ₹2600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 9.A table bought for ₹800 is sold for ₹1040. What is the profit per cent?
- 10.What is the amount (principal + simple interest) on ₹3800 at 8% per year for 4 years (in ₹)?
- 11.What is the simple interest on ₹2400 at 8% per year for 2 years (in ₹)?
- 12.What is 70% of 800?
- 13.The price of a cricket ball changed from ₹500 to ₹800. What is the percentage increase?
- 14.A cooler costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹900 at 11% per year for 1 year (in ₹)?
- 16.What is 25% of 180?
- 17.What is 65% of 260?
- 18.What is 70% of 620?
- 19.What is 30% of 840?
- 20.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
- 21.What is the simple interest on ₹500 at 3% per year for 3 years (in ₹)?
- 22.The price of a cricket ball changed from ₹400 to ₹300. What is the percentage decrease?
- 23.What is the amount (principal + simple interest) on ₹6900 at 11% per year for 1 year (in ₹)?
- 24.A watch bought for ₹3300 is sold for ₹2970. What is the loss per cent?
- 25.The price of a school bag changed from ₹400 to ₹100. What is the percentage decrease?
- 26.A watch costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹2000 at 7% per year for 2 years (in ₹)?
- 28.A mobile phone bought for ₹800 is sold for ₹960. What is the profit per cent?
- 29.A cooler bought for ₹3300 is sold for ₹3630. What is the profit per cent?
- 30.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
- 31.A watch costs ₹2300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 32.The price of a pair of shoes changed from ₹400 to ₹480. What is the percentage increase?
- 33.A mobile phone costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 2 years (in ₹)?
- 35.A shopkeeper buys a sewing machine for ₹3000 and sells it for ₹2740. What is the loss (in ₹)?
- 36.A shopkeeper buys a fan for ₹1500 and sells it for ₹1680. What is the profit (in ₹)?
- 37.The price of a box of mangoes changed from ₹80 to ₹60. What is the percentage decrease?
- 38.What is the amount (principal + simple interest) on ₹8200 at 11% per year for 5 years (in ₹)?
- 39.A sewing machine bought for ₹200 is sold for ₹240. What is the profit per cent?
- 40.A watch costs ₹2700. It is sold at a 15% profit. What is the selling price (in ₹)?
Answer key
- 180
- 50
- 2134
- 30
- 1120
- 20
- 130
- 3120
- 30
- 5016
- 384
- 560
- 60
- 1500
- 99
- 45
- 169
- 434
- 252
- 40
- 45
- 25
- 7659
- 10
- 75
- 3145
- 2280
- 20
- 10
- 40
- 3220
- 20
- 2970
- 7314
- 260
- 180
- 25
- 12710
- 20
- 3105
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