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 25% of 140?
- 2.A sewing machine bought for ₹800 is sold for ₹960. What is the profit per cent?
- 3.What is 85% of 400?
- 4.A cycle costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 5.A shopkeeper buys a table for ₹2850 and sells it for ₹2830. What is the loss (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 1 year (in ₹)?
- 7.A shopkeeper buys a table for ₹2350 and sells it for ₹2290. What is the loss (in ₹)?
- 8.A cycle costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 9.A shopkeeper buys a fan for ₹1700 and sells it for ₹1480. What is the loss (in ₹)?
- 10.A mobile phone costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 11.What is 60% of 100?
- 12.A shopkeeper buys a fan for ₹250 and sells it for ₹460. What is the profit (in ₹)?
- 13.What is the simple interest on ₹800 at 4% per year for 5 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 1 year (in ₹)?
- 15.What is the simple interest on ₹7200 at 3% per year for 2 years (in ₹)?
- 16.What is 70% of 160?
- 17.What is 40% of 900?
- 18.What is the amount (principal + simple interest) on ₹5700 at 8% per year for 3 years (in ₹)?
- 19.The price of a cricket ball changed from ₹20 to ₹18. What is the percentage decrease?
- 20.What is the simple interest on ₹2700 at 5% per year for 2 years (in ₹)?
- 21.A mobile phone costs ₹3200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 22.A mobile phone bought for ₹1500 is sold for ₹2250. What is the profit per cent?
- 23.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 4 years (in ₹)?
- 24.What is 10% of 740?
- 25.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹640. What is the loss (in ₹)?
- 26.A shopkeeper buys a table for ₹1850 and sells it for ₹1700. What is the loss (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹3000 at 12% per year for 5 years (in ₹)?
- 28.What is the simple interest on ₹1400 at 4% per year for 1 year (in ₹)?
- 29.A sewing machine bought for ₹300 is sold for ₹360. What is the profit per cent?
- 30.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹190. What is the loss (in ₹)?
- 31.What is 55% of 760?
- 32.A fan bought for ₹200 is sold for ₹260. What is the profit per cent?
- 33.The price of a bus pass changed from ₹20 to ₹10. What is the percentage decrease?
- 34.A shopkeeper buys a table for ₹1550 and sells it for ₹1600. What is the profit (in ₹)?
- 35.The price of a school bag changed from ₹200 to ₹190. What is the percentage decrease?
- 36.What is 40% of 820?
- 37.What is the simple interest on ₹1000 at 2% per year for 4 years (in ₹)?
- 38.A shopkeeper buys a cooler for ₹900 and sells it for ₹1150. What is the profit (in ₹)?
- 39.A fan costs ₹1300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹310. What is the loss (in ₹)?
Answer key
- 35
- 20
- 340
- 480
- 20
- 1296
- 60
- 1955
- 220
- 875
- 60
- 210
- 160
- 1957
- 432
- 112
- 360
- 7068
- 10
- 270
- 2240
- 50
- 4836
- 74
- 10
- 150
- 4800
- 56
- 20
- 260
- 418
- 30
- 50
- 50
- 5
- 328
- 80
- 250
- 1365
- 90
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