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 ₹1400 at 4% per year for 3 years (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1720. What is the loss (in ₹)?
- 3.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
- 4.A shopkeeper buys a cooler for ₹2100 and sells it for ₹2250. What is the profit (in ₹)?
- 5.A table costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹2200 at 9% per year for 1 year (in ₹)?
- 7.What is the simple interest on ₹7900 at 6% per year for 2 years (in ₹)?
- 8.A watch costs ₹700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 5 years (in ₹)?
- 10.A shopkeeper buys a fan for ₹850 and sells it for ₹880. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 5 years (in ₹)?
- 12.A cycle costs ₹400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 13.The price of a water bottle changed from ₹20 to ₹36. What is the percentage increase?
- 14.What is 20% of 920?
- 15.A sewing machine bought for ₹3600 is sold for ₹2880. What is the loss per cent?
- 16.What is the simple interest on ₹4600 at 10% per year for 2 years (in ₹)?
- 17.A cooler bought for ₹2000 is sold for ₹1200. What is the loss per cent?
- 18.What is the simple interest on ₹8100 at 11% per year for 3 years (in ₹)?
- 19.A shopkeeper buys a table for ₹2400 and sells it for ₹2570. What is the profit (in ₹)?
- 20.What is the simple interest on ₹2600 at 10% per year for 2 years (in ₹)?
- 21.What is 25% of 400?
- 22.A table bought for ₹3800 is sold for ₹5700. What is the profit per cent?
- 23.What is 65% of 740?
- 24.A fan bought for ₹2600 is sold for ₹2912. What is the profit per cent?
- 25.The price of a water bottle changed from ₹200 to ₹140. What is the percentage decrease?
- 26.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1270. What is the loss (in ₹)?
- 27.The price of a pair of shoes changed from ₹200 to ₹220. What is the percentage increase?
- 28.A cricket kit costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 29.A cooler bought for ₹400 is sold for ₹320. What is the loss per cent?
- 30.A mobile phone bought for ₹2400 is sold for ₹2160. What is the loss per cent?
- 31.A sewing machine bought for ₹3600 is sold for ₹3168. What is the loss per cent?
- 32.What is the simple interest on ₹6200 at 11% per year for 1 year (in ₹)?
- 33.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 34.What is 85% of 80?
- 35.A shopkeeper buys a table for ₹1450 and sells it for ₹1530. What is the profit (in ₹)?
- 36.A shopkeeper buys a cooler for ₹3000 and sells it for ₹3250. What is the profit (in ₹)?
- 37.What is 40% of 900?
- 38.A cooler costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 5 years (in ₹)?
- 40.What is the simple interest on ₹5600 at 9% per year for 2 years (in ₹)?
Answer key
- 1568
- 180
- 40
- 150
- 1045
- 198
- 948
- 350
- 7560
- 30
- 12690
- 520
- 80
- 184
- 20
- 920
- 40
- 2673
- 170
- 520
- 100
- 50
- 481
- 12
- 30
- 130
- 10
- 4025
- 20
- 10
- 12
- 682
- 20
- 68
- 80
- 250
- 360
- 3640
- 7375
- 1008
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