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 55% of 900?
- 2.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
- 3.The price of a pair of shoes changed from ₹40 to ₹42. What is the percentage increase?
- 4.The price of a school bag changed from ₹100 to ₹40. What is the percentage decrease?
- 5.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
- 6.A watch bought for ₹1100 is sold for ₹660. What is the loss per cent?
- 7.What is the simple interest on ₹7700 at 7% per year for 3 years (in ₹)?
- 8.What is 5% of 520?
- 9.A cycle costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹9900 at 6% per year for 3 years (in ₹)?
- 11.A sewing machine costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 12.What is the simple interest on ₹6900 at 10% per year for 1 year (in ₹)?
- 13.What is the simple interest on ₹1600 at 5% per year for 2 years (in ₹)?
- 14.What is 45% of 80?
- 15.A shopkeeper buys a watch for ₹1800 and sells it for ₹2030. What is the profit (in ₹)?
- 16.A watch bought for ₹1300 is sold for ₹975. What is the loss per cent?
- 17.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 1 year (in ₹)?
- 18.What is the simple interest on ₹500 at 3% per year for 2 years (in ₹)?
- 19.What is the simple interest on ₹9700 at 12% per year for 5 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 1 year (in ₹)?
- 21.What is the simple interest on ₹9100 at 4% per year for 3 years (in ₹)?
- 22.What is the simple interest on ₹4400 at 12% per year for 5 years (in ₹)?
- 23.A mobile phone bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 24.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2300. What is the loss (in ₹)?
- 25.What is 5% of 780?
- 26.A sewing machine costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 27.A mobile phone costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 28.The price of a pair of shoes changed from ₹500 to ₹505. What is the percentage increase?
- 29.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2480. What is the loss (in ₹)?
- 30.A cooler bought for ₹700 is sold for ₹770. What is the profit per cent?
- 31.What is 25% of 40?
- 32.What is the amount (principal + simple interest) on ₹4800 at 2% per year for 4 years (in ₹)?
- 33.What is the simple interest on ₹4700 at 10% per year for 1 year (in ₹)?
- 34.A sewing machine costs ₹2900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 35.A fan costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 36.A table bought for ₹2000 is sold for ₹2200. What is the profit per cent?
- 37.The price of a water bottle changed from ₹40 to ₹64. What is the percentage increase?
- 38.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 2 years (in ₹)?
- 39.What is the simple interest on ₹9700 at 5% per year for 5 years (in ₹)?
- 40.A sewing machine bought for ₹1000 is sold for ₹1150. What is the profit per cent?
Answer key
- 495
- 75
- 5
- 60
- 60
- 40
- 1617
- 26
- 1408
- 11682
- 1275
- 690
- 160
- 36
- 230
- 25
- 2398
- 30
- 5820
- 9612
- 1092
- 2640
- 50
- 150
- 39
- 2640
- 3450
- 1
- 170
- 10
- 10
- 5184
- 470
- 4350
- 3230
- 10
- 60
- 7384
- 2425
- 15
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