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 ₹1100 at 4% per year for 1 year (in ₹)?
- 2.What is the simple interest on ₹8100 at 2% per year for 2 years (in ₹)?
- 3.The price of a pair of shoes changed from ₹50 to ₹49. What is the percentage decrease?
- 4.A cooler bought for ₹3400 is sold for ₹4760. What is the profit per cent?
- 5.The price of a box of mangoes changed from ₹50 to ₹70. What is the percentage increase?
- 6.What is the simple interest on ₹8500 at 6% per year for 2 years (in ₹)?
- 7.A table bought for ₹200 is sold for ₹160. What is the loss per cent?
- 8.The price of a bus pass changed from ₹500 to ₹495. What is the percentage decrease?
- 9.What is 90% of 660?
- 10.What is 70% of 740?
- 11.What is the simple interest on ₹4900 at 2% per year for 1 year (in ₹)?
- 12.What is the simple interest on ₹9300 at 2% per year for 1 year (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹4900 at 5% per year for 5 years (in ₹)?
- 14.A sewing machine bought for ₹2800 is sold for ₹3640. What is the profit per cent?
- 15.What is the simple interest on ₹4100 at 8% per year for 1 year (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹7100 at 6% per year for 1 year (in ₹)?
- 17.A cooler costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 18.A cycle bought for ₹2000 is sold for ₹1200. What is the loss per cent?
- 19.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1280. What is the loss (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 3 years (in ₹)?
- 21.The price of a box of mangoes changed from ₹250 to ₹300. What is the percentage increase?
- 22.What is the amount (principal + simple interest) on ₹5500 at 12% per year for 3 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹7700 at 3% per year for 3 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹3200 at 6% per year for 4 years (in ₹)?
- 25.What is 10% of 500?
- 26.The price of a bus pass changed from ₹50 to ₹95. What is the percentage increase?
- 27.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1780. What is the profit (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹7600 at 11% per year for 1 year (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹600 at 9% per year for 3 years (in ₹)?
- 30.A shopkeeper buys a watch for ₹1500 and sells it for ₹1480. What is the loss (in ₹)?
- 31.What is 5% of 680?
- 32.What is the simple interest on ₹7700 at 5% per year for 5 years (in ₹)?
- 33.What is 25% of 640?
- 34.A cooler costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹500 at 8% per year for 1 year (in ₹)?
- 36.A shopkeeper buys a cycle for ₹850 and sells it for ₹640. What is the loss (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹9100 at 7% per year for 2 years (in ₹)?
- 38.A sewing machine bought for ₹800 is sold for ₹896. What is the profit per cent?
- 39.What is the simple interest on ₹1400 at 4% per year for 1 year (in ₹)?
- 40.A fan bought for ₹700 is sold for ₹980. What is the profit per cent?
Answer key
- 1144
- 324
- 2
- 40
- 40
- 1020
- 20
- 1
- 594
- 518
- 98
- 186
- 6125
- 30
- 328
- 7526
- 630
- 40
- 70
- 1690
- 20
- 7480
- 8393
- 3968
- 50
- 90
- 130
- 8436
- 762
- 20
- 34
- 1925
- 160
- 1680
- 540
- 210
- 10374
- 12
- 56
- 40
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