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 ₹1900 at 11% per year for 5 years (in ₹)?
- 2.A watch costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 3.The price of a box of mangoes changed from ₹50 to ₹60. What is the percentage increase?
- 4.What is 90% of 740?
- 5.A cricket kit bought for ₹300 is sold for ₹180. What is the loss per cent?
- 6.What is 55% of 400?
- 7.A cricket kit costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹3500 at 12% per year for 2 years (in ₹)?
- 9.What is 10% of 220?
- 10.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 1 year (in ₹)?
- 11.What is the simple interest on ₹5500 at 5% per year for 5 years (in ₹)?
- 12.What is the simple interest on ₹2200 at 8% per year for 3 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3500 at 3% per year for 3 years (in ₹)?
- 14.A shopkeeper buys a watch for ₹1150 and sells it for ₹1220. What is the profit (in ₹)?
- 15.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2540. What is the profit (in ₹)?
- 16.The price of a water bottle changed from ₹50 to ₹90. What is the percentage increase?
- 17.What is the simple interest on ₹8500 at 4% per year for 1 year (in ₹)?
- 18.A watch bought for ₹300 is sold for ₹240. What is the loss per cent?
- 19.The price of a school bag changed from ₹40 to ₹76. What is the percentage increase?
- 20.What is the amount (principal + simple interest) on ₹1600 at 9% per year for 5 years (in ₹)?
- 21.The price of a cricket ball changed from ₹250 to ₹300. What is the percentage increase?
- 22.A cycle costs ₹3500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹6300 at 7% per year for 1 year (in ₹)?
- 24.A shopkeeper buys a watch for ₹1900 and sells it for ₹2110. What is the profit (in ₹)?
- 25.What is 85% of 420?
- 26.A fan bought for ₹700 is sold for ₹665. What is the loss per cent?
- 27.What is 35% of 560?
- 28.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 2 years (in ₹)?
- 29.A cycle bought for ₹1600 is sold for ₹1680. What is the profit per cent?
- 30.What is 10% of 100?
- 31.A shopkeeper buys a cycle for ₹900 and sells it for ₹1190. What is the profit (in ₹)?
- 32.What is the simple interest on ₹8500 at 4% per year for 2 years (in ₹)?
- 33.A shopkeeper buys a fan for ₹1350 and sells it for ₹1240. What is the loss (in ₹)?
- 34.A shopkeeper buys a cooler for ₹2200 and sells it for ₹1940. What is the loss (in ₹)?
- 35.A shopkeeper buys a fan for ₹2100 and sells it for ₹2110. What is the profit (in ₹)?
- 36.What is 95% of 520?
- 37.A shopkeeper buys a cricket kit for ₹1800 and sells it for ₹2030. What is the profit (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹3300 at 11% per year for 2 years (in ₹)?
- 39.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1390. What is the profit (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹6100 at 2% per year for 3 years (in ₹)?
Answer key
- 1045
- 1045
- 20
- 666
- 40
- 220
- 1980
- 4340
- 22
- 1040
- 1375
- 528
- 3815
- 70
- 40
- 80
- 340
- 20
- 90
- 2320
- 20
- 4200
- 441
- 210
- 357
- 5
- 196
- 2242
- 5
- 10
- 290
- 680
- 110
- 260
- 10
- 494
- 230
- 4026
- 140
- 6466
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