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 ₹6700 at 2% per year for 3 years (in ₹)?
- 2.What is 25% of 620?
- 3.A mobile phone costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 4.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹60. What is the loss (in ₹)?
- 5.What is 25% of 500?
- 6.What is 35% of 460?
- 7.What is 55% of 820?
- 8.The price of a water bottle changed from ₹20 to ₹38. What is the percentage increase?
- 9.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 1 year (in ₹)?
- 10.A shopkeeper buys a fan for ₹2650 and sells it for ₹2740. What is the profit (in ₹)?
- 11.A cycle costs ₹3500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 12.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
- 13.What is the simple interest on ₹8800 at 6% per year for 1 year (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹5500 at 6% per year for 4 years (in ₹)?
- 15.The price of a box of mangoes changed from ₹100 to ₹10. What is the percentage decrease?
- 16.A cooler costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1290. What is the loss (in ₹)?
- 18.What is 30% of 740?
- 19.What is the amount (principal + simple interest) on ₹4100 at 4% per year for 4 years (in ₹)?
- 20.What is the simple interest on ₹8100 at 4% per year for 3 years (in ₹)?
- 21.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹490. What is the loss (in ₹)?
- 22.A shopkeeper buys a cycle for ₹1050 and sells it for ₹830. What is the loss (in ₹)?
- 23.A sewing machine costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 24.A cricket kit costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 25.A shopkeeper buys a cooler for ₹1950 and sells it for ₹1680. What is the loss (in ₹)?
- 26.A fan costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 27.What is 60% of 920?
- 28.What is the simple interest on ₹2500 at 8% per year for 1 year (in ₹)?
- 29.A cricket kit bought for ₹1600 is sold for ₹960. What is the loss per cent?
- 30.What is the amount (principal + simple interest) on ₹8800 at 3% per year for 4 years (in ₹)?
- 31.The price of a water bottle changed from ₹400 to ₹392. What is the percentage decrease?
- 32.A cooler bought for ₹3700 is sold for ₹3515. What is the loss per cent?
- 33.What is the amount (principal + simple interest) on ₹5900 at 9% per year for 1 year (in ₹)?
- 34.What is 45% of 720?
- 35.What is the simple interest on ₹9200 at 8% per year for 1 year (in ₹)?
- 36.A cycle bought for ₹1200 is sold for ₹1680. What is the profit per cent?
- 37.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 3 years (in ₹)?
- 38.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹950. What is the loss (in ₹)?
- 39.What is 25% of 920?
- 40.What is the amount (principal + simple interest) on ₹7100 at 4% per year for 2 years (in ₹)?
Answer key
- 7102
- 155
- 1700
- 240
- 125
- 161
- 451
- 90
- 7992
- 90
- 3080
- 20
- 528
- 6820
- 90
- 150
- 10
- 222
- 4756
- 972
- 60
- 220
- 1260
- 5250
- 270
- 2816
- 552
- 200
- 40
- 9856
- 2
- 5
- 6431
- 324
- 736
- 40
- 3488
- 100
- 230
- 7668
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