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 15% of 80?
- 2.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 4 years (in ₹)?
- 3.A watch bought for ₹3800 is sold for ₹4256. What is the profit per cent?
- 4.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
- 5.What is the simple interest on ₹7800 at 6% per year for 5 years (in ₹)?
- 6.A shopkeeper buys a table for ₹2950 and sells it for ₹2850. What is the loss (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 2 years (in ₹)?
- 8.A cycle costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 9.The price of a cricket ball changed from ₹400 to ₹280. What is the percentage decrease?
- 10.What is the simple interest on ₹2600 at 9% per year for 2 years (in ₹)?
- 11.A sewing machine bought for ₹1400 is sold for ₹1750. What is the profit per cent?
- 12.A shopkeeper buys a cycle for ₹500 and sells it for ₹530. What is the profit (in ₹)?
- 13.A sewing machine costs ₹2900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 14.A mobile phone costs ₹2800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹9100 at 4% per year for 1 year (in ₹)?
- 16.A mobile phone bought for ₹3900 is sold for ₹3315. What is the loss per cent?
- 17.A cooler bought for ₹3900 is sold for ₹2730. What is the loss per cent?
- 18.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1580. What is the loss (in ₹)?
- 19.What is the simple interest on ₹8100 at 10% per year for 4 years (in ₹)?
- 20.What is the simple interest on ₹6200 at 4% per year for 2 years (in ₹)?
- 21.The price of a cricket ball changed from ₹50 to ₹65. What is the percentage increase?
- 22.What is 5% of 500?
- 23.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 2 years (in ₹)?
- 24.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1350. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 1 year (in ₹)?
- 26.A shopkeeper buys a fan for ₹2000 and sells it for ₹1950. What is the loss (in ₹)?
- 27.What is the simple interest on ₹7500 at 3% per year for 3 years (in ₹)?
- 28.A shopkeeper buys a table for ₹1100 and sells it for ₹1190. What is the profit (in ₹)?
- 29.A table bought for ₹2800 is sold for ₹4200. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹2600 at 12% per year for 1 year (in ₹)?
- 31.What is the simple interest on ₹8900 at 10% per year for 4 years (in ₹)?
- 32.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2620. What is the loss (in ₹)?
- 33.What is 30% of 860?
- 34.A mobile phone bought for ₹3000 is sold for ₹2100. What is the loss per cent?
- 35.What is the simple interest on ₹2900 at 7% per year for 5 years (in ₹)?
- 36.A table bought for ₹400 is sold for ₹380. What is the loss per cent?
- 37.What is the amount (principal + simple interest) on ₹1600 at 11% per year for 2 years (in ₹)?
- 38.What is the simple interest on ₹7100 at 4% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 2 years (in ₹)?
- 40.A fan bought for ₹3600 is sold for ₹2520. What is the loss per cent?
Answer key
- 12
- 8640
- 12
- 30
- 2340
- 100
- 10388
- 1400
- 30
- 468
- 25
- 30
- 4060
- 2240
- 364
- 15
- 30
- 20
- 3240
- 496
- 30
- 25
- 5508
- 50
- 7848
- 50
- 675
- 90
- 50
- 2912
- 3560
- 30
- 258
- 30
- 1015
- 5
- 1952
- 568
- 7480
- 30
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