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 240?
- 2.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹160. What is the loss (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 4 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹2200 at 2% per year for 4 years (in ₹)?
- 5.What is 70% of 180?
- 6.What is the simple interest on ₹5600 at 2% per year for 3 years (in ₹)?
- 7.What is the simple interest on ₹7000 at 2% per year for 1 year (in ₹)?
- 8.A mobile phone costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 9.A sewing machine bought for ₹2200 is sold for ₹2860. What is the profit per cent?
- 10.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 3 years (in ₹)?
- 11.A shopkeeper buys a cycle for ₹1400 and sells it for ₹1280. What is the loss (in ₹)?
- 12.What is the simple interest on ₹6900 at 4% per year for 2 years (in ₹)?
- 13.A fan costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 14.A cooler bought for ₹3600 is sold for ₹3060. What is the loss per cent?
- 15.A cooler bought for ₹2500 is sold for ₹2250. What is the loss per cent?
- 16.What is 55% of 280?
- 17.What is 55% of 760?
- 18.The price of a cricket ball changed from ₹80 to ₹32. What is the percentage decrease?
- 19.A watch costs ₹2400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹6900 at 11% per year for 3 years (in ₹)?
- 21.A shopkeeper buys a fan for ₹2600 and sells it for ₹2710. What is the profit (in ₹)?
- 22.A cycle costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 23.A fan bought for ₹1500 is sold for ₹1350. What is the loss per cent?
- 24.A cricket kit bought for ₹2400 is sold for ₹1920. What is the loss per cent?
- 25.The price of a school bag changed from ₹40 to ₹10. What is the percentage decrease?
- 26.What is the amount (principal + simple interest) on ₹1500 at 10% per year for 3 years (in ₹)?
- 27.A fan costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹2700 at 6% per year for 5 years (in ₹)?
- 29.A cycle costs ₹1200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a table for ₹300 and sells it for ₹60. What is the loss (in ₹)?
- 31.What is 45% of 1000?
- 32.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 3 years (in ₹)?
- 33.A mobile phone costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 34.The price of a water bottle changed from ₹50 to ₹90. What is the percentage increase?
- 35.The price of a pair of shoes changed from ₹250 to ₹225. What is the percentage decrease?
- 36.A cycle costs ₹3900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 37.A watch costs ₹3200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹5000 at 6% per year for 4 years (in ₹)?
- 39.What is 15% of 940?
- 40.A mobile phone costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
Answer key
- 96
- 140
- 1080
- 2376
- 126
- 336
- 140
- 4485
- 30
- 4928
- 120
- 552
- 540
- 15
- 10
- 154
- 418
- 60
- 2640
- 2277
- 110
- 550
- 10
- 20
- 75
- 1950
- 360
- 3510
- 960
- 240
- 450
- 9483
- 440
- 80
- 10
- 2730
- 3584
- 1200
- 141
- 1540
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