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 ₹4500 at 6% per year for 2 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 2 years (in ₹)?
- 3.A watch bought for ₹3800 is sold for ₹3610. What is the loss per cent?
- 4.What is 95% of 560?
- 5.What is the amount (principal + simple interest) on ₹2000 at 7% per year for 5 years (in ₹)?
- 6.A shopkeeper buys a cycle for ₹300 and sells it for ₹170. What is the loss (in ₹)?
- 7.What is the simple interest on ₹1000 at 10% per year for 2 years (in ₹)?
- 8.A sewing machine costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 9.What is the simple interest on ₹2000 at 5% per year for 2 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 4 years (in ₹)?
- 11.What is 85% of 680?
- 12.A sewing machine costs ₹2000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 13.What is 25% of 60?
- 14.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 2 years (in ₹)?
- 15.What is the simple interest on ₹3300 at 2% per year for 2 years (in ₹)?
- 16.A watch costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 17.What is 65% of 920?
- 18.A cricket kit costs ₹3700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 19.What is 20% of 320?
- 20.What is 40% of 560?
- 21.What is 65% of 560?
- 22.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 4 years (in ₹)?
- 23.A watch bought for ₹1000 is sold for ₹1250. What is the profit per cent?
- 24.What is the amount (principal + simple interest) on ₹5800 at 7% per year for 3 years (in ₹)?
- 25.A mobile phone costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.What is 60% of 480?
- 27.A shopkeeper buys a cycle for ₹850 and sells it for ₹790. What is the loss (in ₹)?
- 28.A watch bought for ₹2400 is sold for ₹1800. What is the loss per cent?
- 29.What is 75% of 920?
- 30.What is 70% of 380?
- 31.What is the simple interest on ₹1400 at 8% per year for 3 years (in ₹)?
- 32.What is 20% of 920?
- 33.A shopkeeper buys a cooler for ₹550 and sells it for ₹650. What is the profit (in ₹)?
- 34.What is the simple interest on ₹2900 at 3% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹1300 at 2% per year for 5 years (in ₹)?
- 36.What is 60% of 320?
- 37.A cricket kit costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 38.A fan bought for ₹1700 is sold for ₹2380. What is the profit per cent?
- 39.The price of a box of mangoes changed from ₹40 to ₹24. What is the percentage decrease?
- 40.What is the simple interest on ₹2700 at 2% per year for 3 years (in ₹)?
Answer key
- 540
- 5408
- 5
- 532
- 2700
- 130
- 200
- 1700
- 200
- 12876
- 578
- 1500
- 15
- 1976
- 132
- 1045
- 598
- 4070
- 64
- 224
- 364
- 1400
- 25
- 7018
- 360
- 288
- 60
- 25
- 690
- 266
- 336
- 184
- 100
- 87
- 130
- 192
- 2835
- 40
- 40
- 162
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