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 30% of 60?
- 2.What is the amount (principal + simple interest) on ₹500 at 2% per year for 3 years (in ₹)?
- 3.What is 45% of 300?
- 4.A watch bought for ₹1800 is sold for ₹1620. What is the loss per cent?
- 5.The price of a school bag changed from ₹250 to ₹255. What is the percentage increase?
- 6.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1870. What is the profit (in ₹)?
- 7.What is the simple interest on ₹1600 at 2% per year for 1 year (in ₹)?
- 8.The price of a water bottle changed from ₹40 to ₹72. What is the percentage increase?
- 9.What is the simple interest on ₹9000 at 2% per year for 2 years (in ₹)?
- 10.What is 10% of 480?
- 11.What is the simple interest on ₹8300 at 4% per year for 1 year (in ₹)?
- 12.A table costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 13.A fan bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 14.What is 5% of 900?
- 15.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1680. What is the loss (in ₹)?
- 16.What is 90% of 700?
- 17.A shopkeeper buys a fan for ₹1900 and sells it for ₹1970. What is the profit (in ₹)?
- 18.A sewing machine costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 19.What is 45% of 620?
- 20.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2620. What is the profit (in ₹)?
- 21.A table bought for ₹1500 is sold for ₹1425. What is the loss per cent?
- 22.What is the simple interest on ₹3500 at 7% per year for 4 years (in ₹)?
- 23.A shopkeeper buys a watch for ₹1600 and sells it for ₹1730. What is the profit (in ₹)?
- 24.The price of a bus pass changed from ₹500 to ₹505. What is the percentage increase?
- 25.A shopkeeper buys a cooler for ₹650 and sells it for ₹430. What is the loss (in ₹)?
- 26.The price of a pair of shoes changed from ₹40 to ₹50. What is the percentage increase?
- 27.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 1 year (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 1 year (in ₹)?
- 29.A cycle bought for ₹4000 is sold for ₹5000. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹10000 at 8% per year for 5 years (in ₹)?
- 31.The price of a water bottle changed from ₹80 to ₹56. What is the percentage decrease?
- 32.What is the simple interest on ₹7000 at 7% per year for 5 years (in ₹)?
- 33.The price of a box of mangoes changed from ₹50 to ₹75. What is the percentage increase?
- 34.A sewing machine costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹6200 at 11% per year for 5 years (in ₹)?
- 36.What is 55% of 80?
- 37.A table bought for ₹2300 is sold for ₹2990. What is the profit per cent?
- 38.What is the simple interest on ₹7900 at 8% per year for 1 year (in ₹)?
- 39.A cycle costs ₹3800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹2200 at 3% per year for 4 years (in ₹)?
Answer key
- 18
- 530
- 135
- 10
- 2
- 220
- 32
- 80
- 360
- 48
- 332
- 1350
- 5
- 45
- 220
- 630
- 70
- 3450
- 279
- 170
- 5
- 980
- 130
- 1
- 220
- 25
- 1680
- 4120
- 25
- 14000
- 30
- 2450
- 50
- 1680
- 9610
- 44
- 30
- 632
- 2850
- 264
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