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 ₹6800 at 10% per year for 4 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 2 years (in ₹)?
- 3.What is the simple interest on ₹2600 at 6% per year for 2 years (in ₹)?
- 4.A cricket kit costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 5.What is 10% of 480?
- 6.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹1180. What is the profit (in ₹)?
- 7.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
- 8.A mobile phone costs ₹2400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 9.A cooler costs ₹3300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 10.The price of a pair of shoes changed from ₹100 to ₹120. What is the percentage increase?
- 11.A table costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 12.The price of a box of mangoes changed from ₹200 to ₹210. What is the percentage increase?
- 13.What is the simple interest on ₹4300 at 12% per year for 1 year (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹8300 at 8% per year for 4 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹3400 at 6% per year for 3 years (in ₹)?
- 16.What is the simple interest on ₹800 at 8% per year for 1 year (in ₹)?
- 17.A fan costs ₹2400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 18.A mobile phone bought for ₹3000 is sold for ₹2700. What is the loss per cent?
- 19.A shopkeeper buys a fan for ₹750 and sells it for ₹880. What is the profit (in ₹)?
- 20.A cricket kit bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 21.A mobile phone bought for ₹800 is sold for ₹1000. What is the profit per cent?
- 22.What is 20% of 280?
- 23.A watch costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 24.A cycle costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹1700 at 8% per year for 2 years (in ₹)?
- 26.A cycle bought for ₹1200 is sold for ₹1800. What is the profit per cent?
- 27.What is the simple interest on ₹8000 at 11% per year for 5 years (in ₹)?
- 28.A shopkeeper buys a table for ₹2050 and sells it for ₹2070. What is the profit (in ₹)?
- 29.A table costs ₹200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹700 at 4% per year for 4 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹1800 at 7% per year for 2 years (in ₹)?
- 32.What is the simple interest on ₹4700 at 2% per year for 2 years (in ₹)?
- 33.A shopkeeper buys a table for ₹550 and sells it for ₹840. What is the profit (in ₹)?
- 34.A fan bought for ₹1600 is sold for ₹2240. What is the profit per cent?
- 35.What is 60% of 280?
- 36.A shopkeeper buys a fan for ₹300 and sells it for ₹140. What is the loss (in ₹)?
- 37.The price of a cricket ball changed from ₹400 to ₹480. What is the percentage increase?
- 38.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
- 39.What is the simple interest on ₹2900 at 7% per year for 2 years (in ₹)?
- 40.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2090. What is the loss (in ₹)?
Answer key
- 9520
- 2204
- 312
- 2610
- 48
- 130
- 80
- 1200
- 4950
- 20
- 3300
- 5
- 516
- 10956
- 4012
- 64
- 1920
- 10
- 130
- 5
- 25
- 56
- 440
- 2280
- 1972
- 50
- 4400
- 20
- 176
- 812
- 2052
- 188
- 290
- 40
- 168
- 160
- 20
- 75
- 406
- 160
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