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 ₹6200 at 4% per year for 1 year (in ₹)?
- 2.A mobile phone bought for ₹3200 is sold for ₹2240. What is the loss per cent?
- 3.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1780. What is the loss (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹3900 at 8% per year for 1 year (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹9000 at 3% per year for 3 years (in ₹)?
- 6.What is 65% of 240?
- 7.What is the amount (principal + simple interest) on ₹9100 at 5% per year for 5 years (in ₹)?
- 8.A cooler bought for ₹500 is sold for ₹450. What is the loss per cent?
- 9.A cricket kit bought for ₹900 is sold for ₹792. What is the loss per cent?
- 10.A cycle costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 2 years (in ₹)?
- 12.A cricket kit bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 13.What is 95% of 940?
- 14.What is the simple interest on ₹5000 at 9% per year for 2 years (in ₹)?
- 15.A cricket kit bought for ₹3300 is sold for ₹1650. What is the loss per cent?
- 16.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
- 17.What is 70% of 800?
- 18.What is 40% of 60?
- 19.A shopkeeper buys a fan for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
- 20.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
- 21.What is the amount (principal + simple interest) on ₹3700 at 8% per year for 4 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 4 years (in ₹)?
- 23.What is 45% of 360?
- 24.What is 65% of 440?
- 25.A table bought for ₹2700 is sold for ₹2970. What is the profit per cent?
- 26.A cricket kit costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 27.A mobile phone costs ₹2600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 28.A cooler bought for ₹2600 is sold for ₹2080. What is the loss per cent?
- 29.What is 80% of 540?
- 30.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 4 years (in ₹)?
- 31.A cricket kit costs ₹2400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 32.A cooler costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 33.The price of a school bag changed from ₹50 to ₹25. What is the percentage decrease?
- 34.A cycle costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 35.A table costs ₹3000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹500 at 3% per year for 3 years (in ₹)?
- 37.The price of a pair of shoes changed from ₹200 to ₹20. What is the percentage decrease?
- 38.What is the simple interest on ₹7600 at 6% per year for 2 years (in ₹)?
- 39.A table costs ₹2600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
Answer key
- 6448
- 30
- 120
- 4212
- 9810
- 156
- 11375
- 10
- 12
- 896
- 9612
- 20
- 893
- 900
- 50
- 10
- 560
- 24
- 100
- 40
- 4884
- 2464
- 162
- 286
- 10
- 1045
- 3900
- 20
- 432
- 8040
- 2640
- 2520
- 50
- 220
- 3450
- 45
- 90
- 912
- 2912
- 600
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