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 600?
- 2.A shopkeeper buys a watch for ₹950 and sells it for ₹1220. What is the profit (in ₹)?
- 3.What is 90% of 420?
- 4.A cycle costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹6300 at 11% per year for 2 years (in ₹)?
- 6.A cricket kit costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.What is the simple interest on ₹2100 at 4% per year for 5 years (in ₹)?
- 8.What is the simple interest on ₹4500 at 10% per year for 5 years (in ₹)?
- 9.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1300. What is the loss (in ₹)?
- 10.The price of a box of mangoes changed from ₹20 to ₹30. What is the percentage increase?
- 11.A cycle bought for ₹400 is sold for ₹240. What is the loss per cent?
- 12.A cricket kit bought for ₹2600 is sold for ₹2860. What is the profit per cent?
- 13.What is the amount (principal + simple interest) on ₹4800 at 7% per year for 1 year (in ₹)?
- 14.A fan bought for ₹3600 is sold for ₹3960. What is the profit per cent?
- 15.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1290. What is the loss (in ₹)?
- 16.A shopkeeper buys a watch for ₹2700 and sells it for ₹2860. What is the profit (in ₹)?
- 17.A sewing machine bought for ₹700 is sold for ₹350. What is the loss per cent?
- 18.What is the simple interest on ₹8500 at 10% per year for 3 years (in ₹)?
- 19.What is the simple interest on ₹9700 at 5% per year for 3 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹3500 at 8% per year for 5 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹800 at 4% per year for 1 year (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹1200 at 6% per year for 4 years (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹3100. What is the profit (in ₹)?
- 24.A cooler costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 25.The price of a box of mangoes changed from ₹500 to ₹490. What is the percentage decrease?
- 26.What is 5% of 180?
- 27.What is the amount (principal + simple interest) on ₹4600 at 8% per year for 1 year (in ₹)?
- 28.A mobile phone costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 29.A fan bought for ₹3200 is sold for ₹4480. What is the profit per cent?
- 30.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
- 31.A cycle bought for ₹1100 is sold for ₹1155. What is the profit per cent?
- 32.A fan costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 33.What is 10% of 100?
- 34.A table bought for ₹2200 is sold for ₹2310. What is the profit per cent?
- 35.A cricket kit costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 36.What is 80% of 80?
- 37.What is 80% of 940?
- 38.A cooler costs ₹900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 39.A watch bought for ₹900 is sold for ₹855. What is the loss per cent?
- 40.What is the simple interest on ₹700 at 10% per year for 2 years (in ₹)?
Answer key
- 390
- 270
- 378
- 550
- 7686
- 1500
- 420
- 2250
- 300
- 50
- 40
- 10
- 5136
- 10
- 60
- 160
- 50
- 2550
- 1455
- 4900
- 832
- 1488
- 150
- 2640
- 2
- 9
- 4968
- 2480
- 40
- 60
- 5
- 5100
- 10
- 5
- 665
- 64
- 752
- 1125
- 5
- 140
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