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 ₹7700 at 5% per year for 5 years (in ₹)?
- 2.What is 85% of 500?
- 3.What is the amount (principal + simple interest) on ₹2000 at 7% per year for 1 year (in ₹)?
- 4.What is the simple interest on ₹5400 at 12% per year for 3 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹7000 at 9% per year for 4 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹4400 at 9% per year for 1 year (in ₹)?
- 7.What is 95% of 1000?
- 8.What is the simple interest on ₹4600 at 8% per year for 1 year (in ₹)?
- 9.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 10.A cooler costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 11.The price of a bus pass changed from ₹40 to ₹48. What is the percentage increase?
- 12.What is 95% of 60?
- 13.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
- 14.A shopkeeper buys a cooler for ₹250 and sells it for ₹170. What is the loss (in ₹)?
- 15.A mobile phone bought for ₹500 is sold for ₹700. What is the profit per cent?
- 16.What is 40% of 520?
- 17.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1220. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹7800 at 5% per year for 2 years (in ₹)?
- 19.The price of a school bag changed from ₹100 to ₹50. What is the percentage decrease?
- 20.A shopkeeper buys a fan for ₹600 and sells it for ₹830. What is the profit (in ₹)?
- 21.A cycle bought for ₹1100 is sold for ₹1265. What is the profit per cent?
- 22.The price of a school bag changed from ₹80 to ₹60. What is the percentage decrease?
- 23.A sewing machine bought for ₹1600 is sold for ₹800. What is the loss per cent?
- 24.What is 85% of 980?
- 25.What is 45% of 700?
- 26.A shopkeeper buys a watch for ₹2600 and sells it for ₹2390. What is the loss (in ₹)?
- 27.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2660. What is the profit (in ₹)?
- 28.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹3260. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹8900 at 5% per year for 5 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹3500 at 3% per year for 3 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹5200 at 3% per year for 2 years (in ₹)?
- 32.What is the simple interest on ₹2400 at 10% per year for 1 year (in ₹)?
- 33.What is the simple interest on ₹9300 at 7% per year for 2 years (in ₹)?
- 34.A table bought for ₹1700 is sold for ₹2210. What is the profit per cent?
- 35.What is the amount (principal + simple interest) on ₹1400 at 7% per year for 3 years (in ₹)?
- 36.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2350. What is the loss (in ₹)?
- 37.A table bought for ₹1800 is sold for ₹900. What is the loss per cent?
- 38.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1470. What is the loss (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 2 years (in ₹)?
- 40.What is 30% of 80?
Answer key
- 1925
- 425
- 2140
- 1944
- 9520
- 4796
- 950
- 368
- 20
- 1045
- 20
- 57
- 40
- 80
- 40
- 208
- 230
- 8580
- 50
- 230
- 15
- 25
- 50
- 833
- 315
- 210
- 260
- 260
- 11125
- 3815
- 5512
- 240
- 1302
- 30
- 1694
- 50
- 50
- 280
- 2040
- 24
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