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 amount (principal + simple interest) on ₹3800 at 8% per year for 1 year (in ₹)?
- 2.The price of a school bag changed from ₹80 to ₹64. What is the percentage decrease?
- 3.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 4 years (in ₹)?
- 4.A table costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 5.A sewing machine costs ₹2800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 6.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?
- 7.What is the simple interest on ₹600 at 2% per year for 2 years (in ₹)?
- 8.A sewing machine costs ₹1900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.A sewing machine costs ₹500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 10.A sewing machine costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹6100 at 11% per year for 4 years (in ₹)?
- 12.A cycle bought for ₹700 is sold for ₹1050. What is the profit per cent?
- 13.The price of a bus pass changed from ₹500 to ₹200. What is the percentage decrease?
- 14.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹550. What is the loss (in ₹)?
- 15.A shopkeeper buys a table for ₹2550 and sells it for ₹2460. What is the loss (in ₹)?
- 16.A cycle costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹1900 at 12% per year for 3 years (in ₹)?
- 18.What is the simple interest on ₹2100 at 2% per year for 4 years (in ₹)?
- 19.What is 15% of 1000?
- 20.What is the amount (principal + simple interest) on ₹1400 at 12% per year for 1 year (in ₹)?
- 21.What is 20% of 40?
- 22.A sewing machine bought for ₹1100 is sold for ₹1210. What is the profit per cent?
- 23.The price of a water bottle changed from ₹200 to ₹196. What is the percentage decrease?
- 24.A cycle bought for ₹500 is sold for ₹525. What is the profit per cent?
- 25.A cycle bought for ₹1500 is sold for ₹1125. What is the loss per cent?
- 26.What is the simple interest on ₹8000 at 4% per year for 3 years (in ₹)?
- 27.A shopkeeper buys a watch for ₹2100 and sells it for ₹1810. What is the loss (in ₹)?
- 28.What is the simple interest on ₹1800 at 7% per year for 5 years (in ₹)?
- 29.What is the simple interest on ₹3300 at 6% per year for 5 years (in ₹)?
- 30.The price of a box of mangoes changed from ₹80 to ₹120. What is the percentage increase?
- 31.What is 55% of 940?
- 32.What is the simple interest on ₹3600 at 12% per year for 2 years (in ₹)?
- 33.What is 15% of 320?
- 34.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 1 year (in ₹)?
- 35.The price of a cricket ball changed from ₹500 to ₹600. What is the percentage increase?
- 36.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 3 years (in ₹)?
- 37.A shopkeeper buys a fan for ₹2500 and sells it for ₹2520. What is the profit (in ₹)?
- 38.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1870. What is the profit (in ₹)?
- 39.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1070. What is the loss (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 2 years (in ₹)?
Answer key
- 4104
- 20
- 12032
- 2850
- 2100
- 5
- 24
- 1805
- 400
- 4144
- 8784
- 50
- 60
- 300
- 90
- 1995
- 684
- 168
- 150
- 1568
- 8
- 10
- 2
- 5
- 25
- 960
- 290
- 630
- 990
- 50
- 517
- 864
- 48
- 9324
- 20
- 11172
- 20
- 20
- 280
- 4320
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