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 35% of 320?
- 2.The price of a pair of shoes changed from ₹80 to ₹20. What is the percentage decrease?
- 3.A table bought for ₹2300 is sold for ₹2415. What is the profit per cent?
- 4.A fan costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 5.A cycle bought for ₹1900 is sold for ₹1805. What is the loss per cent?
- 6.What is 75% of 880?
- 7.What is the amount (principal + simple interest) on ₹9500 at 8% per year for 4 years (in ₹)?
- 8.A watch costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 9.A cooler costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 10.What is 25% of 580?
- 11.What is 10% of 700?
- 12.What is the amount (principal + simple interest) on ₹1800 at 2% per year for 1 year (in ₹)?
- 13.A cricket kit costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹8800 at 12% per year for 5 years (in ₹)?
- 15.A cooler bought for ₹1200 is sold for ₹1080. What is the loss per cent?
- 16.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
- 17.The price of a box of mangoes changed from ₹200 to ₹250. What is the percentage increase?
- 18.What is 55% of 620?
- 19.What is 45% of 580?
- 20.What is 35% of 620?
- 21.A shopkeeper buys a fan for ₹2400 and sells it for ₹2200. What is the loss (in ₹)?
- 22.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹570. What is the profit (in ₹)?
- 23.The price of a cricket ball changed from ₹80 to ₹152. What is the percentage increase?
- 24.What is the amount (principal + simple interest) on ₹6100 at 3% per year for 3 years (in ₹)?
- 25.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 26.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2310. What is the loss (in ₹)?
- 27.The price of a pair of shoes changed from ₹200 to ₹50. What is the percentage decrease?
- 28.What is the simple interest on ₹4900 at 5% per year for 1 year (in ₹)?
- 29.A table bought for ₹3500 is sold for ₹3920. What is the profit per cent?
- 30.What is 75% of 40?
- 31.A cooler bought for ₹2100 is sold for ₹1848. What is the loss per cent?
- 32.What is the simple interest on ₹2400 at 11% per year for 1 year (in ₹)?
- 33.A cricket kit costs ₹1000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 1 year (in ₹)?
- 35.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹1950. What is the loss (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 1 year (in ₹)?
- 37.What is 70% of 820?
- 38.What is the simple interest on ₹6400 at 7% per year for 1 year (in ₹)?
- 39.What is 30% of 820?
- 40.A cycle costs ₹2000. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 112
- 75
- 5
- 3000
- 5
- 660
- 12540
- 2240
- 315
- 145
- 70
- 1836
- 1425
- 5280
- 10
- 30
- 25
- 341
- 261
- 217
- 200
- 120
- 90
- 6649
- 40
- 190
- 75
- 245
- 12
- 30
- 12
- 264
- 750
- 6695
- 50
- 7038
- 574
- 448
- 246
- 1900
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