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 ₹6300 at 4% per year for 3 years (in ₹)?
- 2.What is 90% of 200?
- 3.A shopkeeper buys a fan for ₹300 and sells it for ₹330. What is the profit (in ₹)?
- 4.A cycle bought for ₹3700 is sold for ₹3330. What is the loss per cent?
- 5.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹700. What is the loss (in ₹)?
- 6.What is the simple interest on ₹1200 at 9% per year for 2 years (in ₹)?
- 7.A table bought for ₹2300 is sold for ₹1725. What is the loss per cent?
- 8.A shopkeeper buys a cycle for ₹300 and sells it for ₹260. What is the loss (in ₹)?
- 9.The price of a school bag changed from ₹250 to ₹100. What is the percentage decrease?
- 10.A cricket kit costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹2800 at 11% per year for 3 years (in ₹)?
- 12.A sewing machine bought for ₹3300 is sold for ₹2310. What is the loss per cent?
- 13.A cricket kit costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 14.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹680. What is the loss (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹4900 at 8% per year for 3 years (in ₹)?
- 16.What is the simple interest on ₹1100 at 2% per year for 3 years (in ₹)?
- 17.A table bought for ₹3100 is sold for ₹2945. What is the loss per cent?
- 18.A table costs ₹1900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 4 years (in ₹)?
- 20.What is 45% of 460?
- 21.A fan bought for ₹2400 is sold for ₹2688. What is the profit per cent?
- 22.What is the amount (principal + simple interest) on ₹8800 at 2% per year for 1 year (in ₹)?
- 23.What is 55% of 800?
- 24.What is the amount (principal + simple interest) on ₹3000 at 6% per year for 2 years (in ₹)?
- 25.A sewing machine bought for ₹200 is sold for ₹180. What is the loss per cent?
- 26.A shopkeeper buys a fan for ₹1000 and sells it for ₹1130. What is the profit (in ₹)?
- 27.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
- 28.A mobile phone bought for ₹900 is sold for ₹630. What is the loss per cent?
- 29.What is the amount (principal + simple interest) on ₹6700 at 6% per year for 1 year (in ₹)?
- 30.A watch bought for ₹4000 is sold for ₹2400. What is the loss per cent?
- 31.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2890. What is the profit (in ₹)?
- 32.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
- 33.The price of a school bag changed from ₹50 to ₹20. What is the percentage decrease?
- 34.What is the simple interest on ₹2800 at 7% per year for 1 year (in ₹)?
- 35.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1840. What is the loss (in ₹)?
- 36.What is 80% of 40?
- 37.What is the simple interest on ₹1200 at 3% per year for 2 years (in ₹)?
- 38.What is 20% of 220?
- 39.A fan bought for ₹3400 is sold for ₹5100. What is the profit per cent?
- 40.A table costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?
Answer key
- 7056
- 180
- 30
- 10
- 50
- 216
- 25
- 40
- 60
- 980
- 3724
- 30
- 300
- 120
- 6076
- 66
- 5
- 2660
- 7236
- 207
- 12
- 8976
- 440
- 3360
- 10
- 130
- 5
- 30
- 7102
- 40
- 140
- 20
- 60
- 196
- 60
- 32
- 72
- 44
- 50
- 230
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