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 65% of 480?
- 2.What is 80% of 700?
- 3.A cycle costs ₹2700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 4.What is 95% of 440?
- 5.A cycle costs ₹3800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 6.What is 75% of 80?
- 7.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 1 year (in ₹)?
- 8.The price of a school bag changed from ₹50 to ₹55. What is the percentage increase?
- 9.The price of a school bag changed from ₹80 to ₹76. What is the percentage decrease?
- 10.What is 10% of 260?
- 11.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2970. What is the profit (in ₹)?
- 12.What is 15% of 700?
- 13.A shopkeeper buys a cricket kit for ₹1950 and sells it for ₹1900. What is the loss (in ₹)?
- 14.What is the simple interest on ₹2200 at 12% per year for 3 years (in ₹)?
- 15.The price of a cricket ball changed from ₹50 to ₹80. What is the percentage increase?
- 16.What is the amount (principal + simple interest) on ₹9700 at 12% per year for 3 years (in ₹)?
- 17.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
- 18.A sewing machine costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 19.A shopkeeper buys a table for ₹750 and sells it for ₹620. What is the loss (in ₹)?
- 20.A cricket kit costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 21.The price of a school bag changed from ₹50 to ₹20. What is the percentage decrease?
- 22.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 23.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1000. What is the loss (in ₹)?
- 24.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹900. What is the profit (in ₹)?
- 25.A table bought for ₹1500 is sold for ₹1800. What is the profit per cent?
- 26.What is 60% of 40?
- 27.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹890. What is the profit (in ₹)?
- 28.What is 40% of 320?
- 29.What is 55% of 960?
- 30.A sewing machine bought for ₹800 is sold for ₹1000. What is the profit per cent?
- 31.A cooler costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 32.A cricket kit costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 33.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
- 34.The price of a school bag changed from ₹200 to ₹40. What is the percentage decrease?
- 35.A fan costs ₹3600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 36.What is 85% of 660?
- 37.What is 60% of 600?
- 38.A cycle bought for ₹3600 is sold for ₹2880. What is the loss per cent?
- 39.What is the simple interest on ₹4000 at 4% per year for 4 years (in ₹)?
- 40.What is the simple interest on ₹9400 at 12% per year for 3 years (in ₹)?
Answer key
- 312
- 560
- 2160
- 418
- 2850
- 60
- 9894
- 10
- 5
- 26
- 20
- 105
- 50
- 792
- 60
- 13192
- 80
- 420
- 130
- 1680
- 60
- 20
- 50
- 300
- 20
- 24
- 240
- 128
- 528
- 25
- 150
- 1350
- 10
- 80
- 4320
- 561
- 360
- 20
- 640
- 3384
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