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 75% of 780?
- 2.A cycle bought for ₹1500 is sold for ₹1800. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹8700 at 8% per year for 5 years (in ₹)?
- 4.What is 10% of 960?
- 5.What is the simple interest on ₹4200 at 9% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹2700 at 2% per year for 5 years (in ₹)?
- 7.What is the simple interest on ₹4600 at 3% per year for 4 years (in ₹)?
- 8.A mobile phone bought for ₹1100 is sold for ₹1045. What is the loss per cent?
- 9.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 10.A cycle costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 11.What is 55% of 320?
- 12.A cricket kit costs ₹1600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 13.The price of a bus pass changed from ₹500 to ₹950. What is the percentage increase?
- 14.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1340. What is the loss (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹4600 at 12% per year for 3 years (in ₹)?
- 16.What is 35% of 820?
- 17.What is 70% of 100?
- 18.A cooler bought for ₹2300 is sold for ₹1610. What is the loss per cent?
- 19.What is the simple interest on ₹8400 at 10% per year for 3 years (in ₹)?
- 20.What is the simple interest on ₹7800 at 10% per year for 4 years (in ₹)?
- 21.What is the simple interest on ₹4500 at 4% per year for 2 years (in ₹)?
- 22.What is 75% of 380?
- 23.A cooler costs ₹3900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 24.A fan bought for ₹3200 is sold for ₹2240. What is the loss per cent?
- 25.A mobile phone costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹5500 at 2% per year for 4 years (in ₹)?
- 27.A cricket kit costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 28.The price of a pair of shoes changed from ₹500 to ₹490. What is the percentage decrease?
- 29.What is the simple interest on ₹7700 at 8% per year for 3 years (in ₹)?
- 30.A table costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 31.A shopkeeper buys a table for ₹2500 and sells it for ₹2580. What is the profit (in ₹)?
- 32.A cricket kit bought for ₹2400 is sold for ₹1680. What is the loss per cent?
- 33.The price of a cricket ball changed from ₹40 to ₹60. What is the percentage increase?
- 34.A table costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 35.What is 75% of 140?
- 36.A shopkeeper buys a table for ₹1500 and sells it for ₹1560. What is the profit (in ₹)?
- 37.A cricket kit bought for ₹3700 is sold for ₹3256. What is the loss per cent?
- 38.What is 15% of 40?
- 39.A sewing machine costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹4600 at 6% per year for 2 years (in ₹)?
Answer key
- 585
- 20
- 12180
- 96
- 378
- 2970
- 552
- 5
- 20
- 1380
- 176
- 1760
- 90
- 10
- 6256
- 287
- 70
- 30
- 2520
- 3120
- 360
- 285
- 4095
- 30
- 2160
- 5940
- 1750
- 2
- 1848
- 500
- 80
- 30
- 50
- 4256
- 105
- 60
- 12
- 6
- 4600
- 552
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