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 95% of 840?
- 2.What is 20% of 300?
- 3.A cycle costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 4.What is 10% of 60?
- 5.A shopkeeper buys a watch for ₹2650 and sells it for ₹2830. What is the profit (in ₹)?
- 6.What is the simple interest on ₹5400 at 8% per year for 2 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹1200 at 7% per year for 2 years (in ₹)?
- 8.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2570. What is the profit (in ₹)?
- 9.A mobile phone costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 10.A cycle bought for ₹600 is sold for ₹690. What is the profit per cent?
- 11.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2780. What is the loss (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹6800 at 3% per year for 5 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹4600 at 4% per year for 3 years (in ₹)?
- 14.What is 15% of 780?
- 15.What is 70% of 840?
- 16.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹500. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 2 years (in ₹)?
- 18.What is the simple interest on ₹8100 at 5% per year for 1 year (in ₹)?
- 19.A cricket kit costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 20.A shopkeeper buys a cycle for ₹850 and sells it for ₹1150. What is the profit (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹5300 at 4% per year for 5 years (in ₹)?
- 22.What is 25% of 320?
- 23.What is the simple interest on ₹9800 at 4% per year for 4 years (in ₹)?
- 24.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹290. What is the loss (in ₹)?
- 25.A shopkeeper buys a watch for ₹450 and sells it for ₹610. What is the profit (in ₹)?
- 26.The price of a school bag changed from ₹40 to ₹76. What is the percentage increase?
- 27.A cycle bought for ₹3700 is sold for ₹4810. What is the profit per cent?
- 28.A table costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 1 year (in ₹)?
- 30.What is 70% of 220?
- 31.What is the simple interest on ₹2000 at 12% per year for 3 years (in ₹)?
- 32.What is the simple interest on ₹3700 at 8% per year for 1 year (in ₹)?
- 33.A sewing machine bought for ₹400 is sold for ₹440. What is the profit per cent?
- 34.What is 40% of 260?
- 35.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹3210. What is the profit (in ₹)?
- 36.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
- 37.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
- 38.What is 80% of 900?
- 39.What is the simple interest on ₹9200 at 12% per year for 3 years (in ₹)?
- 40.What is the simple interest on ₹900 at 10% per year for 1 year (in ₹)?
Answer key
- 798
- 60
- 5000
- 6
- 180
- 864
- 1368
- 120
- 1210
- 15
- 120
- 7820
- 5152
- 117
- 588
- 150
- 7696
- 405
- 240
- 300
- 6360
- 80
- 1568
- 10
- 160
- 90
- 30
- 480
- 5871
- 154
- 720
- 296
- 10
- 104
- 260
- 80
- 90
- 720
- 3312
- 90
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