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 simple interest on ₹9300 at 7% per year for 1 year (in ₹)?
- 2.A cricket kit costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 3.A cycle bought for ₹400 is sold for ₹352. What is the loss per cent?
- 4.What is 70% of 700?
- 5.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2590. What is the profit (in ₹)?
- 6.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
- 7.What is the simple interest on ₹5200 at 4% per year for 2 years (in ₹)?
- 8.A mobile phone bought for ₹3600 is sold for ₹4140. What is the profit per cent?
- 9.A mobile phone bought for ₹700 is sold for ₹490. What is the loss per cent?
- 10.A sewing machine costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹6100 at 5% per year for 5 years (in ₹)?
- 12.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2270. What is the profit (in ₹)?
- 13.A sewing machine bought for ₹2500 is sold for ₹2875. What is the profit per cent?
- 14.A sewing machine costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹8900 at 9% per year for 1 year (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹7700 at 10% per year for 2 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹7100 at 12% per year for 1 year (in ₹)?
- 18.A cycle costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 19.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
- 20.A fan costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹6300 at 9% per year for 5 years (in ₹)?
- 22.A cooler costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 23.What is 30% of 300?
- 24.What is 70% of 560?
- 25.What is 15% of 280?
- 26.What is the simple interest on ₹1500 at 12% per year for 5 years (in ₹)?
- 27.What is 35% of 760?
- 28.The price of a pair of shoes changed from ₹500 to ₹900. What is the percentage increase?
- 29.The price of a school bag changed from ₹100 to ₹25. What is the percentage decrease?
- 30.What is 95% of 400?
- 31.What is 75% of 880?
- 32.What is the simple interest on ₹7800 at 2% per year for 2 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 2 years (in ₹)?
- 34.What is 70% of 840?
- 35.What is the simple interest on ₹4700 at 5% per year for 4 years (in ₹)?
- 36.The price of a water bottle changed from ₹20 to ₹2. What is the percentage decrease?
- 37.A cycle bought for ₹2400 is sold for ₹1200. What is the loss per cent?
- 38.What is the amount (principal + simple interest) on ₹4100 at 6% per year for 5 years (in ₹)?
- 39.The price of a cricket ball changed from ₹400 to ₹360. What is the percentage decrease?
- 40.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 4 years (in ₹)?
Answer key
- 651
- 3360
- 12
- 490
- 240
- 80
- 416
- 15
- 30
- 2016
- 1525
- 20
- 15
- 950
- 9701
- 9240
- 7952
- 2310
- 90
- 380
- 2835
- 600
- 90
- 392
- 42
- 900
- 266
- 80
- 75
- 380
- 660
- 312
- 4752
- 588
- 940
- 90
- 50
- 5330
- 10
- 7200
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