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.A cricket kit bought for ₹3400 is sold for ₹3910. What is the profit per cent?
- 2.What is 5% of 500?
- 3.A cooler bought for ₹800 is sold for ₹640. What is the loss per cent?
- 4.A mobile phone bought for ₹300 is sold for ₹285. What is the loss per cent?
- 5.What is the simple interest on ₹1800 at 10% per year for 3 years (in ₹)?
- 6.A shopkeeper buys a fan for ₹1750 and sells it for ₹1860. What is the profit (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹2700 at 4% per year for 5 years (in ₹)?
- 8.What is 75% of 620?
- 9.A table costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 1 year (in ₹)?
- 11.A watch costs ₹1700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 12.A shopkeeper buys a table for ₹1600 and sells it for ₹1800. What is the profit (in ₹)?
- 13.A cooler costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 14.What is 35% of 480?
- 15.A cooler costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 16.What is 35% of 640?
- 17.What is 55% of 940?
- 18.What is the simple interest on ₹8300 at 10% per year for 2 years (in ₹)?
- 19.What is 20% of 700?
- 20.A cricket kit bought for ₹3500 is sold for ₹4375. What is the profit per cent?
- 21.The price of a box of mangoes changed from ₹100 to ₹140. What is the percentage increase?
- 22.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
- 23.What is 15% of 760?
- 24.What is the amount (principal + simple interest) on ₹6200 at 4% per year for 5 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2800 at 11% per year for 1 year (in ₹)?
- 26.What is the simple interest on ₹8500 at 8% per year for 2 years (in ₹)?
- 27.What is 30% of 340?
- 28.What is 80% of 540?
- 29.A sewing machine costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 30.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 31.What is the amount (principal + simple interest) on ₹3000 at 9% per year for 2 years (in ₹)?
- 32.What is the simple interest on ₹3200 at 6% per year for 3 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹2600 at 9% per year for 2 years (in ₹)?
- 34.A watch costs ₹2700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2600 at 3% per year for 1 year (in ₹)?
- 36.The price of a water bottle changed from ₹25 to ₹40. What is the percentage increase?
- 37.What is 65% of 640?
- 38.What is 10% of 80?
- 39.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 5 years (in ₹)?
- 40.What is the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
Answer key
- 15
- 25
- 20
- 5
- 540
- 110
- 3240
- 465
- 336
- 3456
- 1530
- 200
- 600
- 168
- 2280
- 224
- 517
- 1660
- 140
- 25
- 40
- 90
- 114
- 7440
- 3108
- 1360
- 102
- 432
- 1300
- 20
- 3540
- 576
- 3068
- 3105
- 2678
- 60
- 416
- 8
- 7150
- 800
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