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 500?
- 2.What is 70% of 320?
- 3.What is 75% of 720?
- 4.What is the amount (principal + simple interest) on ₹2300 at 6% per year for 2 years (in ₹)?
- 5.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹670. What is the loss (in ₹)?
- 6.What is 65% of 940?
- 7.A cooler bought for ₹1500 is sold for ₹1680. What is the profit per cent?
- 8.A fan bought for ₹2400 is sold for ₹1920. What is the loss per cent?
- 9.A cycle costs ₹1400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 10.What is 80% of 1000?
- 11.The price of a cricket ball changed from ₹40 to ₹64. What is the percentage increase?
- 12.What is the simple interest on ₹1700 at 11% per year for 1 year (in ₹)?
- 13.What is the simple interest on ₹9000 at 6% per year for 1 year (in ₹)?
- 14.A shopkeeper buys a cycle for ₹750 and sells it for ₹460. What is the loss (in ₹)?
- 15.What is 25% of 540?
- 16.The price of a bus pass changed from ₹500 to ₹900. What is the percentage increase?
- 17.The price of a water bottle changed from ₹20 to ₹30. What is the percentage increase?
- 18.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2260. What is the loss (in ₹)?
- 19.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1730. What is the profit (in ₹)?
- 20.What is 90% of 100?
- 21.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1100. What is the loss (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2150. What is the profit (in ₹)?
- 23.A mobile phone bought for ₹700 is sold for ₹910. What is the profit per cent?
- 24.A watch bought for ₹900 is sold for ₹810. What is the loss per cent?
- 25.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹770. What is the profit (in ₹)?
- 26.What is 25% of 460?
- 27.What is the simple interest on ₹3500 at 11% per year for 1 year (in ₹)?
- 28.A mobile phone costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 29.The price of a cricket ball changed from ₹80 to ₹48. What is the percentage decrease?
- 30.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹3800 at 5% per year for 1 year (in ₹)?
- 32.A shopkeeper buys a table for ₹2800 and sells it for ₹2900. What is the profit (in ₹)?
- 33.What is the simple interest on ₹4500 at 10% per year for 2 years (in ₹)?
- 34.What is the simple interest on ₹7200 at 12% per year for 5 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2400 at 12% per year for 2 years (in ₹)?
- 36.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2750. What is the profit (in ₹)?
- 37.The price of a water bottle changed from ₹100 to ₹80. What is the percentage decrease?
- 38.What is the simple interest on ₹4400 at 9% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹7600 at 8% per year for 4 years (in ₹)?
- 40.What is the simple interest on ₹7900 at 2% per year for 4 years (in ₹)?
Answer key
- 75
- 224
- 540
- 2576
- 30
- 611
- 12
- 20
- 1540
- 800
- 60
- 187
- 540
- 290
- 135
- 80
- 50
- 40
- 130
- 90
- 250
- 100
- 30
- 10
- 120
- 115
- 385
- 150
- 40
- 50
- 3990
- 100
- 900
- 4320
- 2976
- 100
- 20
- 792
- 10032
- 632
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