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 5% of 40?
- 2.A shopkeeper buys a fan for ₹1750 and sells it for ₹1800. What is the profit (in ₹)?
- 3.What is 90% of 440?
- 4.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹640. What is the profit (in ₹)?
- 5.The price of a box of mangoes changed from ₹20 to ₹28. What is the percentage increase?
- 6.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
- 7.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 1 year (in ₹)?
- 8.What is the simple interest on ₹6200 at 12% per year for 5 years (in ₹)?
- 9.The price of a bus pass changed from ₹20 to ₹18. What is the percentage decrease?
- 10.A shopkeeper buys a fan for ₹1150 and sells it for ₹1340. What is the profit (in ₹)?
- 11.A shopkeeper buys a fan for ₹2800 and sells it for ₹3060. What is the profit (in ₹)?
- 12.A cricket kit bought for ₹3300 is sold for ₹2805. What is the loss per cent?
- 13.A table bought for ₹1500 is sold for ₹1125. What is the loss per cent?
- 14.A sewing machine bought for ₹3600 is sold for ₹5040. What is the profit per cent?
- 15.A mobile phone costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 16.What is 60% of 880?
- 17.What is the amount (principal + simple interest) on ₹8700 at 8% per year for 2 years (in ₹)?
- 18.A fan costs ₹1100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹1800 at 4% per year for 2 years (in ₹)?
- 20.What is the simple interest on ₹2500 at 12% per year for 3 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 2 years (in ₹)?
- 22.A watch costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 23.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1370. What is the profit (in ₹)?
- 24.What is 70% of 500?
- 25.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 26.A mobile phone costs ₹1700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹500 at 6% per year for 5 years (in ₹)?
- 28.What is the simple interest on ₹7900 at 11% per year for 1 year (in ₹)?
- 29.What is 60% of 860?
- 30.What is 25% of 840?
- 31.What is 85% of 340?
- 32.What is the amount (principal + simple interest) on ₹9000 at 7% per year for 2 years (in ₹)?
- 33.A cycle bought for ₹1600 is sold for ₹1200. What is the loss per cent?
- 34.What is 15% of 980?
- 35.What is 25% of 900?
- 36.A cooler costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹500 at 3% per year for 1 year (in ₹)?
- 38.What is the simple interest on ₹8300 at 4% per year for 4 years (in ₹)?
- 39.A cooler costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹6200 at 9% per year for 1 year (in ₹)?
Answer key
- 2
- 50
- 396
- 240
- 40
- 30
- 3488
- 3720
- 10
- 190
- 260
- 15
- 25
- 40
- 4800
- 528
- 10092
- 825
- 1944
- 900
- 3306
- 3240
- 70
- 350
- 40
- 1530
- 150
- 869
- 516
- 210
- 289
- 10260
- 25
- 147
- 225
- 2945
- 15
- 1328
- 2760
- 558
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