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 40% of 580?
- 2.What is the amount (principal + simple interest) on ₹3300 at 3% per year for 2 years (in ₹)?
- 3.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1850. What is the profit (in ₹)?
- 4.A cycle bought for ₹2000 is sold for ₹3000. What is the profit per cent?
- 5.A shopkeeper buys a watch for ₹1800 and sells it for ₹1930. What is the profit (in ₹)?
- 6.A shopkeeper buys a watch for ₹450 and sells it for ₹590. What is the profit (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹3800 at 4% per year for 2 years (in ₹)?
- 8.What is the simple interest on ₹2900 at 4% per year for 5 years (in ₹)?
- 9.A fan costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a table for ₹1550 and sells it for ₹1420. What is the loss (in ₹)?
- 11.What is the simple interest on ₹600 at 3% per year for 1 year (in ₹)?
- 12.A shopkeeper buys a fan for ₹700 and sells it for ₹620. What is the loss (in ₹)?
- 13.A shopkeeper buys a cycle for ₹1950 and sells it for ₹1990. What is the profit (in ₹)?
- 14.What is 15% of 40?
- 15.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 2 years (in ₹)?
- 16.What is the simple interest on ₹8700 at 10% per year for 5 years (in ₹)?
- 17.What is the simple interest on ₹3500 at 5% per year for 4 years (in ₹)?
- 18.What is the simple interest on ₹700 at 3% per year for 2 years (in ₹)?
- 19.What is 10% of 320?
- 20.A cricket kit costs ₹3100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 21.A cycle costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 22.A cooler bought for ₹900 is sold for ₹1125. What is the profit per cent?
- 23.The price of a school bag changed from ₹200 to ₹140. What is the percentage decrease?
- 24.What is the amount (principal + simple interest) on ₹8100 at 7% per year for 4 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹1900 at 12% per year for 1 year (in ₹)?
- 26.The price of a box of mangoes changed from ₹500 to ₹490. What is the percentage decrease?
- 27.What is the amount (principal + simple interest) on ₹1400 at 7% per year for 3 years (in ₹)?
- 28.A shopkeeper buys a watch for ₹750 and sells it for ₹510. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹600 at 11% per year for 3 years (in ₹)?
- 30.What is the simple interest on ₹5700 at 9% per year for 3 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹4900 at 7% per year for 4 years (in ₹)?
- 32.What is the simple interest on ₹10000 at 9% per year for 2 years (in ₹)?
- 33.A watch bought for ₹200 is sold for ₹210. What is the profit per cent?
- 34.A fan costs ₹1400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 35.A watch bought for ₹3300 is sold for ₹2904. What is the loss per cent?
- 36.What is the simple interest on ₹4100 at 9% per year for 2 years (in ₹)?
- 37.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
- 38.What is the simple interest on ₹1700 at 5% per year for 5 years (in ₹)?
- 39.A cooler bought for ₹800 is sold for ₹680. What is the loss per cent?
- 40.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2820. What is the profit (in ₹)?
Answer key
- 232
- 3498
- 150
- 50
- 130
- 140
- 4104
- 580
- 1955
- 130
- 18
- 80
- 40
- 6
- 3480
- 4350
- 700
- 42
- 32
- 1550
- 3190
- 25
- 30
- 10368
- 2128
- 2
- 1694
- 240
- 798
- 1539
- 6272
- 1800
- 5
- 980
- 12
- 738
- 20
- 425
- 15
- 70
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