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 ₹1500 at 2% per year for 4 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹6500 at 6% per year for 4 years (in ₹)?
- 3.What is the simple interest on ₹3200 at 11% per year for 5 years (in ₹)?
- 4.A cooler bought for ₹900 is sold for ₹1125. What is the profit per cent?
- 5.A mobile phone bought for ₹2400 is sold for ₹2112. What is the loss per cent?
- 6.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
- 7.What is the simple interest on ₹8100 at 2% per year for 2 years (in ₹)?
- 8.A shopkeeper buys a cooler for ₹800 and sells it for ₹700. What is the loss (in ₹)?
- 9.A watch bought for ₹1200 is sold for ₹840. What is the loss per cent?
- 10.What is the simple interest on ₹8200 at 3% per year for 5 years (in ₹)?
- 11.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 12.A shopkeeper buys a table for ₹1700 and sells it for ₹1660. What is the loss (in ₹)?
- 13.A cooler costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 14.A cycle costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 15.A table bought for ₹1300 is sold for ₹1105. What is the loss per cent?
- 16.A shopkeeper buys a table for ₹700 and sells it for ₹670. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹9400 at 4% per year for 5 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹4600 at 7% per year for 4 years (in ₹)?
- 19.What is the simple interest on ₹3900 at 5% per year for 4 years (in ₹)?
- 20.What is 65% of 460?
- 21.What is the amount (principal + simple interest) on ₹3600 at 8% per year for 4 years (in ₹)?
- 22.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2560. What is the profit (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2550. What is the profit (in ₹)?
- 24.What is 65% of 120?
- 25.A mobile phone costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 26.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹370. What is the loss (in ₹)?
- 27.What is 75% of 120?
- 28.A fan costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a cooler for ₹300 and sells it for ₹290. What is the loss (in ₹)?
- 30.The price of a bus pass changed from ₹80 to ₹64. What is the percentage decrease?
- 31.A shopkeeper buys a fan for ₹450 and sells it for ₹250. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹3500 at 10% per year for 3 years (in ₹)?
- 33.A cycle bought for ₹2600 is sold for ₹2470. What is the loss per cent?
- 34.What is the simple interest on ₹1400 at 10% per year for 5 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹700 at 8% per year for 2 years (in ₹)?
- 36.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
- 37.A cycle costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 38.A cycle bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 39.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹3060. What is the profit (in ₹)?
- 40.A cricket kit bought for ₹2000 is sold for ₹2200. What is the profit per cent?
Answer key
- 1620
- 8060
- 1760
- 25
- 12
- 60
- 324
- 100
- 30
- 1230
- 20
- 40
- 3480
- 3630
- 15
- 30
- 11280
- 5888
- 780
- 299
- 4752
- 10
- 50
- 78
- 1144
- 80
- 90
- 440
- 10
- 20
- 200
- 4550
- 5
- 700
- 812
- 10
- 2945
- 20
- 210
- 10
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