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 ₹5100 at 8% per year for 4 years (in ₹)?
- 2.What is the simple interest on ₹3500 at 6% per year for 5 years (in ₹)?
- 3.What is 70% of 120?
- 4.What is the simple interest on ₹6600 at 7% per year for 4 years (in ₹)?
- 5.A table bought for ₹2800 is sold for ₹3220. What is the profit per cent?
- 6.What is the simple interest on ₹5900 at 9% per year for 3 years (in ₹)?
- 7.A cycle costs ₹900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹9200 at 4% per year for 1 year (in ₹)?
- 9.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹800. What is the loss (in ₹)?
- 10.What is the simple interest on ₹500 at 2% per year for 4 years (in ₹)?
- 11.A cricket kit bought for ₹2800 is sold for ₹2520. What is the loss per cent?
- 12.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 3 years (in ₹)?
- 13.A fan costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 14.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
- 15.What is the simple interest on ₹3400 at 12% per year for 2 years (in ₹)?
- 16.A shopkeeper buys a fan for ₹2700 and sells it for ₹2820. What is the profit (in ₹)?
- 17.What is 25% of 780?
- 18.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹370. What is the loss (in ₹)?
- 19.A cooler bought for ₹600 is sold for ₹630. What is the profit per cent?
- 20.A shopkeeper buys a cooler for ₹650 and sells it for ₹740. What is the profit (in ₹)?
- 21.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1660. What is the profit (in ₹)?
- 22.A cycle costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹800 at 12% per year for 3 years (in ₹)?
- 24.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 25.A shopkeeper buys a watch for ₹800 and sells it for ₹960. What is the profit (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹700 at 11% per year for 1 year (in ₹)?
- 27.A mobile phone bought for ₹2700 is sold for ₹2565. What is the loss per cent?
- 28.The price of a school bag changed from ₹250 to ₹450. What is the percentage increase?
- 29.A fan bought for ₹800 is sold for ₹760. What is the loss per cent?
- 30.What is 75% of 280?
- 31.What is the simple interest on ₹9700 at 3% per year for 5 years (in ₹)?
- 32.What is 65% of 200?
- 33.The price of a school bag changed from ₹400 to ₹380. What is the percentage decrease?
- 34.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 4 years (in ₹)?
- 35.A cycle costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 36.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2830. What is the loss (in ₹)?
- 37.A cricket kit costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 38.What is 30% of 400?
- 39.A cycle bought for ₹1200 is sold for ₹600. What is the loss per cent?
- 40.A fan costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 6732
- 1050
- 84
- 1848
- 15
- 1593
- 675
- 368
- 150
- 40
- 10
- 2530
- 1995
- 50
- 816
- 120
- 195
- 230
- 5
- 90
- 210
- 3000
- 288
- 20
- 160
- 777
- 5
- 80
- 5
- 210
- 1455
- 130
- 5
- 8160
- 375
- 20
- 1035
- 120
- 50
- 1045
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