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 ₹7200 at 10% per year for 2 years (in ₹)?
- 2.What is 40% of 800?
- 3.What is the simple interest on ₹5500 at 10% per year for 2 years (in ₹)?
- 4.What is 45% of 620?
- 5.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2230. What is the loss (in ₹)?
- 6.The price of a box of mangoes changed from ₹40 to ₹56. What is the percentage increase?
- 7.A cricket kit costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 8.A shopkeeper buys a cooler for ₹1850 and sells it for ₹2080. What is the profit (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹7300 at 6% per year for 5 years (in ₹)?
- 10.A cooler costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.A watch bought for ₹1900 is sold for ₹1995. What is the profit per cent?
- 12.A cycle costs ₹1900. It is sold at a 40% loss. What is the selling price (in ₹)?
- 13.A shopkeeper buys a cooler for ₹900 and sells it for ₹960. What is the profit (in ₹)?
- 14.What is 10% of 1000?
- 15.A shopkeeper buys a cricket kit for ₹1800 and sells it for ₹2040. What is the profit (in ₹)?
- 16.What is the simple interest on ₹1300 at 6% per year for 1 year (in ₹)?
- 17.The price of a water bottle changed from ₹250 to ₹450. What is the percentage increase?
- 18.What is the simple interest on ₹1200 at 4% per year for 5 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 5 years (in ₹)?
- 20.What is 20% of 440?
- 21.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?
- 22.A watch bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 23.A shopkeeper buys a cooler for ₹400 and sells it for ₹430. What is the profit (in ₹)?
- 24.A sewing machine costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 25.What is 10% of 160?
- 26.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
- 27.A shopkeeper buys a fan for ₹700 and sells it for ₹990. What is the profit (in ₹)?
- 28.What is the simple interest on ₹2800 at 5% per year for 4 years (in ₹)?
- 29.A fan costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 30.The price of a cricket ball changed from ₹200 to ₹196. What is the percentage decrease?
- 31.What is the simple interest on ₹6400 at 7% per year for 2 years (in ₹)?
- 32.What is the simple interest on ₹2600 at 9% per year for 2 years (in ₹)?
- 33.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2720. What is the loss (in ₹)?
- 34.What is 5% of 660?
- 35.The price of a cricket ball changed from ₹50 to ₹65. What is the percentage increase?
- 36.The price of a cricket ball changed from ₹400 to ₹420. What is the percentage increase?
- 37.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 5 years (in ₹)?
- 38.The price of a school bag changed from ₹500 to ₹700. What is the percentage increase?
- 39.What is 10% of 620?
- 40.What is 90% of 940?
Answer key
- 8640
- 320
- 1100
- 279
- 270
- 40
- 600
- 230
- 9490
- 3900
- 5
- 1140
- 60
- 100
- 240
- 78
- 80
- 240
- 3360
- 88
- 5
- 25
- 30
- 2904
- 16
- 30
- 290
- 560
- 2945
- 2
- 896
- 468
- 30
- 33
- 30
- 5
- 7680
- 40
- 62
- 846
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