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 320?
- 2.A table costs ₹1700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 3.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1310. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 3 years (in ₹)?
- 5.A fan bought for ₹1300 is sold for ₹1495. What is the profit per cent?
- 6.What is the simple interest on ₹3400 at 3% per year for 2 years (in ₹)?
- 7.What is the simple interest on ₹1600 at 10% per year for 5 years (in ₹)?
- 8.A shopkeeper buys a fan for ₹1600 and sells it for ₹1810. What is the profit (in ₹)?
- 9.A shopkeeper buys a table for ₹3000 and sells it for ₹3090. What is the profit (in ₹)?
- 10.What is the simple interest on ₹8100 at 7% per year for 4 years (in ₹)?
- 11.A shopkeeper buys a cycle for ₹900 and sells it for ₹820. What is the loss (in ₹)?
- 12.What is 15% of 900?
- 13.What is the amount (principal + simple interest) on ₹5700 at 8% per year for 4 years (in ₹)?
- 14.What is the simple interest on ₹1600 at 2% per year for 2 years (in ₹)?
- 15.The price of a water bottle changed from ₹50 to ₹30. What is the percentage decrease?
- 16.What is the simple interest on ₹3400 at 2% per year for 3 years (in ₹)?
- 17.A shopkeeper buys a cycle for ₹600 and sells it for ₹400. What is the loss (in ₹)?
- 18.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1150. What is the loss (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 4 years (in ₹)?
- 20.A shopkeeper buys a table for ₹500 and sells it for ₹400. What is the loss (in ₹)?
- 21.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2790. What is the profit (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹1400 and sells it for ₹1640. What is the profit (in ₹)?
- 23.A cycle bought for ₹400 is sold for ₹420. What is the profit per cent?
- 24.A shopkeeper buys a cycle for ₹300 and sells it for ₹430. What is the profit (in ₹)?
- 25.A fan bought for ₹4000 is sold for ₹2400. What is the loss per cent?
- 26.What is the amount (principal + simple interest) on ₹9800 at 9% per year for 3 years (in ₹)?
- 27.What is 55% of 260?
- 28.A cycle costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹7100 at 5% per year for 4 years (in ₹)?
- 30.A table bought for ₹1900 is sold for ₹2660. What is the profit per cent?
- 31.What is 55% of 200?
- 32.A table costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 33.The price of a pair of shoes changed from ₹200 to ₹196. What is the percentage decrease?
- 34.What is 55% of 620?
- 35.A sewing machine costs ₹1700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 36.The price of a school bag changed from ₹250 to ₹50. What is the percentage decrease?
- 37.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 38.What is the amount (principal + simple interest) on ₹6600 at 6% per year for 1 year (in ₹)?
- 39.What is 90% of 40?
- 40.What is the amount (principal + simple interest) on ₹3900 at 11% per year for 1 year (in ₹)?
Answer key
- 176
- 2380
- 210
- 7015
- 15
- 204
- 800
- 210
- 90
- 2268
- 80
- 135
- 7524
- 64
- 40
- 204
- 200
- 150
- 4060
- 100
- 240
- 240
- 5
- 130
- 40
- 12446
- 143
- 700
- 1420
- 40
- 110
- 2250
- 2
- 341
- 2210
- 80
- 40
- 6996
- 36
- 4329
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