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 ₹4300 at 3% per year for 4 years (in ₹)?
- 2.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
- 3.What is the simple interest on ₹2600 at 9% per year for 5 years (in ₹)?
- 4.A cycle costs ₹2600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 5.A watch bought for ₹3000 is sold for ₹2250. What is the loss per cent?
- 6.A mobile phone costs ₹2600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 7.A cooler costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 8.The price of a school bag changed from ₹50 to ₹40. What is the percentage decrease?
- 9.What is the amount (principal + simple interest) on ₹4800 at 5% per year for 3 years (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1520. What is the profit (in ₹)?
- 11.A shopkeeper buys a cooler for ₹600 and sells it for ₹540. What is the loss (in ₹)?
- 12.The price of a water bottle changed from ₹40 to ₹4. What is the percentage decrease?
- 13.What is the simple interest on ₹7700 at 5% per year for 4 years (in ₹)?
- 14.A cycle bought for ₹3700 is sold for ₹3256. What is the loss per cent?
- 15.The price of a pair of shoes changed from ₹500 to ₹525. What is the percentage increase?
- 16.What is the simple interest on ₹8000 at 6% per year for 4 years (in ₹)?
- 17.What is the simple interest on ₹1900 at 10% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a table for ₹1900 and sells it for ₹2140. What is the profit (in ₹)?
- 19.A fan bought for ₹1700 is sold for ₹1904. What is the profit per cent?
- 20.A cricket kit costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 21.A shopkeeper buys a fan for ₹2100 and sells it for ₹2070. What is the loss (in ₹)?
- 22.A cooler bought for ₹700 is sold for ₹490. What is the loss per cent?
- 23.What is 35% of 720?
- 24.What is the simple interest on ₹10000 at 12% per year for 4 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 2 years (in ₹)?
- 26.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2000. What is the loss (in ₹)?
- 27.What is the simple interest on ₹6700 at 9% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹500 at 7% per year for 2 years (in ₹)?
- 29.A cycle costs ₹3700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a fan for ₹500 and sells it for ₹350. What is the loss (in ₹)?
- 31.What is the simple interest on ₹1900 at 2% per year for 4 years (in ₹)?
- 32.A mobile phone costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 33.A cricket kit costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 34.The price of a school bag changed from ₹40 to ₹52. What is the percentage increase?
- 35.The price of a pair of shoes changed from ₹100 to ₹180. What is the percentage increase?
- 36.What is 90% of 740?
- 37.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹3040. What is the profit (in ₹)?
- 38.What is the simple interest on ₹700 at 2% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a watch for ₹2100 and sells it for ₹2180. What is the profit (in ₹)?
- 40.What is the simple interest on ₹1000 at 12% per year for 1 year (in ₹)?
Answer key
- 4816
- 60
- 1170
- 2080
- 25
- 2470
- 560
- 20
- 5520
- 70
- 60
- 90
- 1540
- 12
- 5
- 1920
- 190
- 240
- 12
- 3135
- 30
- 30
- 252
- 4800
- 2332
- 250
- 2412
- 570
- 2220
- 150
- 152
- 1995
- 2250
- 30
- 80
- 666
- 290
- 56
- 80
- 120
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