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 ₹4100 at 6% per year for 4 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹4000 at 10% per year for 5 years (in ₹)?
- 3.What is 70% of 780?
- 4.What is 60% of 860?
- 5.What is the simple interest on ₹8200 at 4% per year for 5 years (in ₹)?
- 6.A shopkeeper buys a cycle for ₹350 and sells it for ₹360. What is the profit (in ₹)?
- 7.What is the simple interest on ₹3000 at 3% per year for 2 years (in ₹)?
- 8.A cycle costs ₹3700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.The price of a cricket ball changed from ₹40 to ₹24. What is the percentage decrease?
- 10.What is the amount (principal + simple interest) on ₹9900 at 4% per year for 2 years (in ₹)?
- 11.A fan costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a fan for ₹1950 and sells it for ₹1800. What is the loss (in ₹)?
- 13.A sewing machine costs ₹3500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 14.What is 30% of 540?
- 15.A watch costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 16.What is 25% of 280?
- 17.The price of a school bag changed from ₹100 to ₹98. What is the percentage decrease?
- 18.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 3 years (in ₹)?
- 19.A sewing machine costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 20.A sewing machine costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 21.What is 30% of 500?
- 22.What is the amount (principal + simple interest) on ₹6700 at 12% per year for 4 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2300 at 9% per year for 3 years (in ₹)?
- 24.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1500. What is the loss (in ₹)?
- 25.A table costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹3100 at 10% per year for 1 year (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1080. What is the loss (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹8900 at 5% per year for 5 years (in ₹)?
- 29.What is the simple interest on ₹4800 at 11% per year for 4 years (in ₹)?
- 30.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2260. What is the loss (in ₹)?
- 31.A shopkeeper buys a fan for ₹1950 and sells it for ₹1940. What is the loss (in ₹)?
- 32.What is the simple interest on ₹9500 at 7% per year for 5 years (in ₹)?
- 33.A fan bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 34.What is the amount (principal + simple interest) on ₹4500 at 8% per year for 3 years (in ₹)?
- 35.A cooler costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 36.What is 20% of 960?
- 37.What is the amount (principal + simple interest) on ₹1500 at 4% per year for 2 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹3000 at 5% per year for 3 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 1 year (in ₹)?
- 40.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹1190. What is the profit (in ₹)?
Answer key
- 984
- 6000
- 546
- 516
- 1640
- 10
- 180
- 3515
- 40
- 10692
- 450
- 150
- 3080
- 162
- 1050
- 70
- 2
- 6800
- 440
- 360
- 150
- 9916
- 2921
- 100
- 360
- 310
- 220
- 11125
- 2112
- 240
- 10
- 3325
- 50
- 5580
- 440
- 192
- 1620
- 3450
- 5871
- 140
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