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 ₹3800 at 5% per year for 3 years (in ₹)?
- 2.What is 60% of 880?
- 3.What is 5% of 160?
- 4.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 5 years (in ₹)?
- 5.What is 25% of 160?
- 6.The price of a school bag changed from ₹80 to ₹152. What is the percentage increase?
- 7.A mobile phone bought for ₹1500 is sold for ₹1125. What is the loss per cent?
- 8.A sewing machine bought for ₹1100 is sold for ₹1265. What is the profit per cent?
- 9.What is 85% of 740?
- 10.A mobile phone bought for ₹700 is sold for ₹805. What is the profit per cent?
- 11.The price of a cricket ball changed from ₹250 to ₹475. What is the percentage increase?
- 12.The price of a bus pass changed from ₹80 to ₹20. What is the percentage decrease?
- 13.What is 65% of 740?
- 14.What is the amount (principal + simple interest) on ₹7700 at 5% per year for 1 year (in ₹)?
- 15.What is the simple interest on ₹9100 at 10% per year for 2 years (in ₹)?
- 16.A sewing machine costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹2200 at 2% per year for 2 years (in ₹)?
- 18.The price of a cricket ball changed from ₹20 to ₹24. What is the percentage increase?
- 19.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
- 20.A cycle costs ₹1400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 21.A sewing machine bought for ₹1700 is sold for ₹2380. What is the profit per cent?
- 22.A fan costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 23.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1620. What is the profit (in ₹)?
- 24.What is 80% of 100?
- 25.A fan bought for ₹2000 is sold for ₹2600. What is the profit per cent?
- 26.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 5 years (in ₹)?
- 27.A mobile phone bought for ₹3800 is sold for ₹3990. What is the profit per cent?
- 28.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1500. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 1 year (in ₹)?
- 30.What is the simple interest on ₹2300 at 7% per year for 2 years (in ₹)?
- 31.A sewing machine bought for ₹600 is sold for ₹660. What is the profit per cent?
- 32.A mobile phone bought for ₹2500 is sold for ₹3750. What is the profit per cent?
- 33.What is the simple interest on ₹8600 at 8% per year for 5 years (in ₹)?
- 34.A cooler bought for ₹200 is sold for ₹176. What is the loss per cent?
- 35.A cricket kit bought for ₹600 is sold for ₹780. What is the profit per cent?
- 36.A shopkeeper buys a watch for ₹600 and sells it for ₹590. What is the loss (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 1 year (in ₹)?
- 38.What is 80% of 400?
- 39.A sewing machine bought for ₹3400 is sold for ₹3740. What is the profit per cent?
- 40.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1210. What is the loss (in ₹)?
Answer key
- 570
- 528
- 8
- 7590
- 40
- 90
- 25
- 15
- 629
- 15
- 90
- 75
- 481
- 8085
- 1820
- 510
- 2288
- 20
- 40
- 1610
- 40
- 2730
- 70
- 80
- 30
- 5720
- 5
- 300
- 4644
- 322
- 10
- 50
- 3440
- 12
- 30
- 10
- 1060
- 320
- 10
- 190
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