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 40% of 600?
- 2.The price of a water bottle changed from ₹50 to ₹55. What is the percentage increase?
- 3.What is 60% of 400?
- 4.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 3 years (in ₹)?
- 5.A fan bought for ₹900 is sold for ₹945. What is the profit per cent?
- 6.What is 10% of 140?
- 7.The price of a water bottle changed from ₹100 to ₹75. What is the percentage decrease?
- 8.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹1580. What is the loss (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5700 at 7% per year for 5 years (in ₹)?
- 10.What is 15% of 800?
- 11.What is the amount (principal + simple interest) on ₹4600 at 5% per year for 2 years (in ₹)?
- 12.A shopkeeper buys a fan for ₹1400 and sells it for ₹1630. What is the profit (in ₹)?
- 13.A cooler bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 14.What is 35% of 180?
- 15.What is the simple interest on ₹2600 at 8% per year for 4 years (in ₹)?
- 16.A fan costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹6700 at 10% per year for 3 years (in ₹)?
- 18.The price of a school bag changed from ₹250 to ₹225. What is the percentage decrease?
- 19.What is the amount (principal + simple interest) on ₹5700 at 7% per year for 2 years (in ₹)?
- 20.What is 85% of 440?
- 21.A cricket kit costs ₹3400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 22.A cricket kit costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1060. What is the profit (in ₹)?
- 24.What is 15% of 240?
- 25.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2050. What is the loss (in ₹)?
- 26.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1790. What is the loss (in ₹)?
- 27.What is 35% of 780?
- 28.A cooler bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 29.A cycle bought for ₹2900 is sold for ₹2610. What is the loss per cent?
- 30.The price of a cricket ball changed from ₹40 to ₹42. What is the percentage increase?
- 31.A shopkeeper buys a watch for ₹2050 and sells it for ₹1810. What is the loss (in ₹)?
- 32.A fan costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 33.A watch costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹2800 at 6% per year for 1 year (in ₹)?
- 35.A cycle bought for ₹200 is sold for ₹180. What is the loss per cent?
- 36.A cycle costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹9100 at 9% per year for 2 years (in ₹)?
- 38.A mobile phone bought for ₹300 is sold for ₹360. What is the profit per cent?
- 39.The price of a box of mangoes changed from ₹20 to ₹30. What is the percentage increase?
- 40.A shopkeeper buys a table for ₹2400 and sells it for ₹2240. What is the loss (in ₹)?
Answer key
- 240
- 10
- 240
- 2120
- 5
- 14
- 25
- 220
- 7695
- 120
- 5060
- 230
- 5
- 63
- 832
- 225
- 2010
- 10
- 6498
- 374
- 2720
- 1000
- 60
- 36
- 300
- 60
- 273
- 50
- 10
- 5
- 240
- 1275
- 735
- 2968
- 10
- 3450
- 1638
- 20
- 50
- 160
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