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.A cricket kit bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 2.What is 30% of 640?
- 3.What is the simple interest on ₹1100 at 7% per year for 4 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 5 years (in ₹)?
- 5.What is 55% of 240?
- 6.What is the simple interest on ₹1700 at 2% per year for 5 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹8900 at 6% per year for 4 years (in ₹)?
- 8.What is 45% of 480?
- 9.A cycle costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 10.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 11.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 5 years (in ₹)?
- 12.The price of a box of mangoes changed from ₹250 to ₹255. What is the percentage increase?
- 13.A watch bought for ₹3800 is sold for ₹3990. What is the profit per cent?
- 14.What is 5% of 840?
- 15.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
- 16.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 3 years (in ₹)?
- 17.A watch bought for ₹1600 is sold for ₹2080. What is the profit per cent?
- 18.What is 10% of 920?
- 19.A shopkeeper buys a fan for ₹2050 and sells it for ₹2020. What is the loss (in ₹)?
- 20.A shopkeeper buys a table for ₹200 and sells it for ₹80. What is the loss (in ₹)?
- 21.What is 55% of 720?
- 22.The price of a box of mangoes changed from ₹500 to ₹700. What is the percentage increase?
- 23.A watch costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹5100 at 2% per year for 5 years (in ₹)?
- 25.The price of a bus pass changed from ₹100 to ₹140. What is the percentage increase?
- 26.What is 35% of 240?
- 27.What is the amount (principal + simple interest) on ₹2400 at 3% per year for 3 years (in ₹)?
- 28.What is 75% of 880?
- 29.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 2 years (in ₹)?
- 30.What is 5% of 620?
- 31.What is the amount (principal + simple interest) on ₹8400 at 2% per year for 5 years (in ₹)?
- 32.A cricket kit bought for ₹200 is sold for ₹280. What is the profit per cent?
- 33.The price of a cricket ball changed from ₹40 to ₹72. What is the percentage increase?
- 34.A table bought for ₹3400 is sold for ₹5100. What is the profit per cent?
- 35.What is 25% of 480?
- 36.What is the amount (principal + simple interest) on ₹2100 at 3% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹420. What is the loss (in ₹)?
- 38.What is 30% of 540?
- 39.A fan bought for ₹2700 is sold for ₹1620. What is the loss per cent?
- 40.A fan costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
Answer key
- 20
- 192
- 308
- 14560
- 132
- 170
- 11036
- 216
- 1800
- 20
- 5520
- 2
- 5
- 42
- 60
- 2662
- 30
- 92
- 30
- 120
- 396
- 40
- 3300
- 5610
- 40
- 84
- 2616
- 660
- 9720
- 31
- 9240
- 40
- 80
- 50
- 120
- 2415
- 230
- 162
- 40
- 1200
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