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 ₹9600 at 12% per year for 2 years (in ₹)?
- 2.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1270. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹5200 at 9% per year for 4 years (in ₹)?
- 4.What is the simple interest on ₹1100 at 12% per year for 3 years (in ₹)?
- 5.A cycle bought for ₹2100 is sold for ₹1890. What is the loss per cent?
- 6.What is the simple interest on ₹3800 at 12% per year for 5 years (in ₹)?
- 7.A table bought for ₹2300 is sold for ₹1380. What is the loss per cent?
- 8.What is the simple interest on ₹4600 at 8% per year for 5 years (in ₹)?
- 9.What is 20% of 760?
- 10.What is the simple interest on ₹9500 at 11% per year for 1 year (in ₹)?
- 11.A shopkeeper buys a table for ₹1000 and sells it for ₹950. What is the loss (in ₹)?
- 12.What is 95% of 100?
- 13.A watch bought for ₹3100 is sold for ₹2480. What is the loss per cent?
- 14.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹150. What is the loss (in ₹)?
- 15.The price of a cricket ball changed from ₹250 to ₹400. What is the percentage increase?
- 16.A cricket kit costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 17.A sewing machine costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 18.The price of a cricket ball changed from ₹400 to ₹300. What is the percentage decrease?
- 19.A sewing machine bought for ₹2900 is sold for ₹2320. What is the loss per cent?
- 20.What is 70% of 620?
- 21.A cooler bought for ₹1700 is sold for ₹1360. What is the loss per cent?
- 22.What is 35% of 800?
- 23.What is the amount (principal + simple interest) on ₹7100 at 4% per year for 1 year (in ₹)?
- 24.A fan bought for ₹3900 is sold for ₹5070. What is the profit per cent?
- 25.What is 35% of 860?
- 26.What is 10% of 820?
- 27.A shopkeeper buys a table for ₹750 and sells it for ₹550. What is the loss (in ₹)?
- 28.A cricket kit costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹8200 at 2% per year for 4 years (in ₹)?
- 30.A mobile phone bought for ₹3400 is sold for ₹2890. What is the loss per cent?
- 31.What is the simple interest on ₹3500 at 4% per year for 2 years (in ₹)?
- 32.A cycle bought for ₹700 is sold for ₹980. What is the profit per cent?
- 33.What is 15% of 640?
- 34.A shopkeeper buys a fan for ₹950 and sells it for ₹870. What is the loss (in ₹)?
- 35.What is 25% of 520?
- 36.What is the simple interest on ₹5900 at 10% per year for 2 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹8000 at 12% per year for 2 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹10000 at 6% per year for 1 year (in ₹)?
- 39.A shopkeeper buys a fan for ₹1550 and sells it for ₹1310. What is the loss (in ₹)?
- 40.A shopkeeper buys a fan for ₹1950 and sells it for ₹1870. What is the loss (in ₹)?
Answer key
- 11904
- 170
- 7072
- 396
- 10
- 2280
- 40
- 1840
- 152
- 1045
- 50
- 95
- 20
- 50
- 60
- 1680
- 4750
- 25
- 20
- 434
- 20
- 280
- 7384
- 30
- 301
- 82
- 200
- 525
- 656
- 15
- 280
- 40
- 96
- 80
- 130
- 1180
- 9920
- 10600
- 240
- 80
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