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 ₹6600 at 7% per year for 1 year (in ₹)?
- 2.A shopkeeper buys a watch for ₹2650 and sells it for ₹2910. What is the profit (in ₹)?
- 3.A mobile phone bought for ₹1600 is sold for ₹1440. What is the loss per cent?
- 4.What is 5% of 760?
- 5.What is the amount (principal + simple interest) on ₹3900 at 12% per year for 2 years (in ₹)?
- 6.A table bought for ₹3600 is sold for ₹4320. What is the profit per cent?
- 7.What is 25% of 580?
- 8.What is the amount (principal + simple interest) on ₹1500 at 9% per year for 4 years (in ₹)?
- 9.The price of a water bottle changed from ₹500 to ₹600. What is the percentage increase?
- 10.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2520. What is the loss (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹1200 at 7% per year for 5 years (in ₹)?
- 12.A cycle bought for ₹600 is sold for ₹300. What is the loss per cent?
- 13.What is the simple interest on ₹8000 at 3% per year for 4 years (in ₹)?
- 14.A fan bought for ₹2400 is sold for ₹2880. What is the profit per cent?
- 15.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2530. What is the profit (in ₹)?
- 16.What is 75% of 400?
- 17.A shopkeeper buys a cooler for ₹3000 and sells it for ₹3060. What is the profit (in ₹)?
- 18.What is the simple interest on ₹9600 at 12% per year for 5 years (in ₹)?
- 19.The price of a water bottle changed from ₹200 to ₹210. What is the percentage increase?
- 20.A fan bought for ₹1400 is sold for ₹1568. What is the profit per cent?
- 21.A cycle costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 22.A watch costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.A watch bought for ₹800 is sold for ₹720. What is the loss per cent?
- 24.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2640. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9600 at 6% per year for 2 years (in ₹)?
- 26.A sewing machine bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 27.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
- 28.What is the simple interest on ₹5100 at 4% per year for 5 years (in ₹)?
- 29.The price of a bus pass changed from ₹200 to ₹360. What is the percentage increase?
- 30.A shopkeeper buys a fan for ₹2750 and sells it for ₹2730. What is the loss (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹1800 at 9% per year for 3 years (in ₹)?
- 32.What is 20% of 100?
- 33.A table costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 34.The price of a school bag changed from ₹500 to ₹400. What is the percentage decrease?
- 35.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
- 36.A cricket kit bought for ₹1500 is sold for ₹1650. What is the profit per cent?
- 37.What is the simple interest on ₹6300 at 2% per year for 1 year (in ₹)?
- 38.What is 80% of 40?
- 39.A shopkeeper buys a fan for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
- 40.The price of a box of mangoes changed from ₹200 to ₹198. What is the percentage decrease?
Answer key
- 7062
- 260
- 10
- 38
- 4836
- 20
- 145
- 2040
- 20
- 180
- 1620
- 50
- 960
- 20
- 180
- 300
- 60
- 5760
- 5
- 12
- 600
- 4810
- 10
- 290
- 10752
- 20
- 2
- 1020
- 80
- 20
- 2286
- 20
- 3040
- 20
- 3528
- 10
- 126
- 32
- 240
- 1
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