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 15% of 340?
- 2.A table bought for ₹2400 is sold for ₹2520. What is the profit per cent?
- 3.A shopkeeper buys a fan for ₹1550 and sells it for ₹1460. What is the loss (in ₹)?
- 4.A fan bought for ₹1400 is sold for ₹1120. What is the loss per cent?
- 5.The price of a bus pass changed from ₹200 to ₹240. What is the percentage increase?
- 6.What is the simple interest on ₹2200 at 9% per year for 4 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹9700 at 3% per year for 3 years (in ₹)?
- 8.A cycle bought for ₹600 is sold for ₹420. What is the loss per cent?
- 9.A table bought for ₹1000 is sold for ₹1150. What is the profit per cent?
- 10.What is the amount (principal + simple interest) on ₹5400 at 11% per year for 3 years (in ₹)?
- 11.A shopkeeper buys a table for ₹1600 and sells it for ₹1510. What is the loss (in ₹)?
- 12.A table bought for ₹2600 is sold for ₹2210. What is the loss per cent?
- 13.What is the simple interest on ₹8400 at 12% per year for 4 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹9200 at 6% per year for 3 years (in ₹)?
- 15.What is 45% of 80?
- 16.What is 15% of 380?
- 17.The price of a water bottle changed from ₹200 to ₹280. What is the percentage increase?
- 18.What is 10% of 260?
- 19.The price of a pair of shoes changed from ₹100 to ₹10. What is the percentage decrease?
- 20.A fan costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 21.What is 25% of 180?
- 22.What is the amount (principal + simple interest) on ₹4400 at 3% per year for 4 years (in ₹)?
- 23.A fan bought for ₹2900 is sold for ₹3480. What is the profit per cent?
- 24.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 1 year (in ₹)?
- 25.A fan costs ₹500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹3200 at 10% per year for 3 years (in ₹)?
- 27.What is the simple interest on ₹7200 at 3% per year for 3 years (in ₹)?
- 28.A mobile phone costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹800 at 4% per year for 1 year (in ₹)?
- 30.A mobile phone costs ₹1900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹790. What is the profit (in ₹)?
- 32.A watch bought for ₹2900 is sold for ₹3045. What is the profit per cent?
- 33.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 1 year (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 5 years (in ₹)?
- 35.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
- 36.What is the amount (principal + simple interest) on ₹800 at 5% per year for 2 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 2 years (in ₹)?
- 38.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹90. What is the loss (in ₹)?
- 39.A cooler costs ₹2600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 40.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3110. What is the profit (in ₹)?
Answer key
- 51
- 5
- 90
- 20
- 20
- 792
- 10573
- 30
- 15
- 7182
- 90
- 15
- 4032
- 10856
- 36
- 57
- 40
- 26
- 90
- 2112
- 45
- 4928
- 20
- 1904
- 300
- 960
- 648
- 1890
- 832
- 1995
- 290
- 5
- 3060
- 11020
- 60
- 880
- 3564
- 160
- 1820
- 210
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