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 ₹4200 at 11% per year for 3 years (in ₹)?
- 2.The price of a box of mangoes changed from ₹100 to ₹95. What is the percentage decrease?
- 3.What is 40% of 780?
- 4.A cycle bought for ₹700 is sold for ₹350. What is the loss per cent?
- 5.The price of a school bag changed from ₹250 to ₹375. What is the percentage increase?
- 6.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3120. What is the profit (in ₹)?
- 7.The price of a school bag changed from ₹50 to ₹45. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹9800 at 8% per year for 2 years (in ₹)?
- 9.What is the simple interest on ₹1000 at 3% per year for 3 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹3200 at 12% per year for 5 years (in ₹)?
- 11.What is the simple interest on ₹4300 at 8% per year for 5 years (in ₹)?
- 12.What is the simple interest on ₹8400 at 8% per year for 2 years (in ₹)?
- 13.A cricket kit bought for ₹2000 is sold for ₹2100. What is the profit per cent?
- 14.What is the amount (principal + simple interest) on ₹1000 at 3% per year for 5 years (in ₹)?
- 15.A cooler bought for ₹2000 is sold for ₹1900. What is the loss per cent?
- 16.What is the simple interest on ₹9700 at 11% per year for 3 years (in ₹)?
- 17.A cricket kit costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹5700 at 7% per year for 3 years (in ₹)?
- 19.What is the simple interest on ₹8700 at 5% per year for 5 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹5600 at 3% per year for 4 years (in ₹)?
- 21.A watch costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 22.A sewing machine costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 23.A shopkeeper buys a table for ₹650 and sells it for ₹820. What is the profit (in ₹)?
- 24.What is the simple interest on ₹2500 at 5% per year for 4 years (in ₹)?
- 25.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2960. What is the profit (in ₹)?
- 26.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 27.What is the simple interest on ₹4900 at 7% per year for 2 years (in ₹)?
- 28.A watch costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.What is 55% of 660?
- 30.What is 40% of 180?
- 31.What is the simple interest on ₹7400 at 8% per year for 1 year (in ₹)?
- 32.What is 70% of 560?
- 33.A cooler costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 34.A shopkeeper buys a fan for ₹400 and sells it for ₹430. What is the profit (in ₹)?
- 35.What is the simple interest on ₹1300 at 5% per year for 1 year (in ₹)?
- 36.What is the simple interest on ₹6900 at 7% per year for 5 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4900 at 11% per year for 2 years (in ₹)?
- 38.What is 70% of 640?
- 39.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
- 40.The price of a bus pass changed from ₹400 to ₹320. What is the percentage decrease?
Answer key
- 5586
- 5
- 312
- 50
- 50
- 120
- 10
- 11368
- 90
- 5120
- 1720
- 1344
- 5
- 1150
- 5
- 3201
- 3800
- 1197
- 2175
- 6272
- 1344
- 630
- 170
- 500
- 10
- 60
- 686
- 1210
- 363
- 72
- 592
- 392
- 900
- 30
- 65
- 2415
- 5978
- 448
- 160
- 20
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