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 the simple interest on ₹4500 at 4% per year for 3 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 1 year (in ₹)?
- 3.What is 15% of 200?
- 4.What is the simple interest on ₹1000 at 5% per year for 3 years (in ₹)?
- 5.What is 30% of 660?
- 6.What is the simple interest on ₹6900 at 7% per year for 2 years (in ₹)?
- 7.What is the simple interest on ₹5300 at 4% per year for 4 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹5000 at 7% per year for 4 years (in ₹)?
- 9.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 10.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹580. What is the profit (in ₹)?
- 11.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
- 12.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
- 13.What is 25% of 420?
- 14.A shopkeeper buys a cycle for ₹850 and sells it for ₹590. What is the loss (in ₹)?
- 15.A watch bought for ₹3000 is sold for ₹1500. What is the loss per cent?
- 16.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 4 years (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2930. What is the profit (in ₹)?
- 18.The price of a water bottle changed from ₹400 to ₹396. What is the percentage decrease?
- 19.What is the amount (principal + simple interest) on ₹6700 at 3% per year for 2 years (in ₹)?
- 20.A cooler bought for ₹2100 is sold for ₹2205. What is the profit per cent?
- 21.What is the amount (principal + simple interest) on ₹4400 at 11% per year for 5 years (in ₹)?
- 22.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
- 23.A watch costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 24.A shopkeeper buys a fan for ₹2000 and sells it for ₹1930. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹6800 at 12% per year for 4 years (in ₹)?
- 26.A shopkeeper buys a table for ₹1350 and sells it for ₹1160. What is the loss (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹7800 at 10% per year for 5 years (in ₹)?
- 28.What is 65% of 40?
- 29.The price of a bus pass changed from ₹50 to ₹51. What is the percentage increase?
- 30.What is 45% of 280?
- 31.A watch costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 32.What is 45% of 220?
- 33.A cricket kit bought for ₹2700 is sold for ₹2565. What is the loss per cent?
- 34.A cooler bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 35.What is 60% of 280?
- 36.A sewing machine bought for ₹3300 is sold for ₹3135. What is the loss per cent?
- 37.What is 10% of 420?
- 38.What is the simple interest on ₹7000 at 5% per year for 1 year (in ₹)?
- 39.A fan costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹8400 at 5% per year for 1 year (in ₹)?
Answer key
- 540
- 6380
- 30
- 150
- 198
- 966
- 848
- 6400
- 40
- 130
- 40
- 30
- 105
- 260
- 50
- 6384
- 280
- 1
- 7102
- 5
- 6820
- 10
- 2100
- 70
- 10064
- 190
- 11700
- 26
- 2
- 126
- 3250
- 99
- 5
- 12
- 168
- 5
- 42
- 350
- 4250
- 420
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