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 45% of 80?
- 2.A sewing machine bought for ₹2400 is sold for ₹2688. What is the profit per cent?
- 3.What is the simple interest on ₹3200 at 11% per year for 1 year (in ₹)?
- 4.A watch bought for ₹3000 is sold for ₹2700. What is the loss per cent?
- 5.The price of a bus pass changed from ₹200 to ₹260. What is the percentage increase?
- 6.A shopkeeper buys a cooler for ₹250 and sells it for ₹100. What is the loss (in ₹)?
- 7.The price of a bus pass changed from ₹250 to ₹50. What is the percentage decrease?
- 8.A shopkeeper buys a table for ₹1500 and sells it for ₹1490. What is the loss (in ₹)?
- 9.The price of a pair of shoes changed from ₹500 to ₹490. What is the percentage decrease?
- 10.A fan costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.What is 75% of 300?
- 12.What is the simple interest on ₹700 at 7% per year for 3 years (in ₹)?
- 13.What is 30% of 60?
- 14.What is the simple interest on ₹6600 at 3% per year for 3 years (in ₹)?
- 15.A shopkeeper buys a watch for ₹2250 and sells it for ₹2510. What is the profit (in ₹)?
- 16.What is 90% of 1000?
- 17.The price of a water bottle changed from ₹500 to ₹50. What is the percentage decrease?
- 18.A shopkeeper buys a watch for ₹300 and sells it for ₹20. What is the loss (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 4 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹3400 at 4% per year for 4 years (in ₹)?
- 21.What is the simple interest on ₹2700 at 2% per year for 1 year (in ₹)?
- 22.A shopkeeper buys a table for ₹700 and sells it for ₹750. What is the profit (in ₹)?
- 23.A mobile phone bought for ₹2100 is sold for ₹1470. What is the loss per cent?
- 24.What is the simple interest on ₹900 at 3% per year for 2 years (in ₹)?
- 25.What is 35% of 880?
- 26.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
- 27.A sewing machine bought for ₹1800 is sold for ₹2700. What is the profit per cent?
- 28.What is the simple interest on ₹2700 at 2% per year for 2 years (in ₹)?
- 29.What is 75% of 120?
- 30.What is the simple interest on ₹1500 at 5% per year for 5 years (in ₹)?
- 31.The price of a pair of shoes changed from ₹100 to ₹150. What is the percentage increase?
- 32.A fan costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 33.What is 35% of 120?
- 34.What is 20% of 120?
- 35.What is the amount (principal + simple interest) on ₹1600 at 8% per year for 2 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3700 at 12% per year for 5 years (in ₹)?
- 37.What is 10% of 600?
- 38.A cycle bought for ₹2400 is sold for ₹2640. What is the profit per cent?
- 39.What is the simple interest on ₹800 at 2% per year for 1 year (in ₹)?
- 40.What is the simple interest on ₹2300 at 9% per year for 1 year (in ₹)?
Answer key
- 36
- 12
- 352
- 10
- 30
- 150
- 80
- 10
- 2
- 990
- 225
- 147
- 18
- 594
- 260
- 900
- 90
- 280
- 8064
- 3944
- 54
- 50
- 30
- 54
- 308
- 20
- 50
- 108
- 90
- 375
- 50
- 420
- 42
- 24
- 1856
- 5920
- 60
- 10
- 16
- 207
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