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 ₹8400 at 5% per year for 3 years (in ₹)?
- 2.A cricket kit costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 3.A shopkeeper buys a watch for ₹1450 and sells it for ₹1300. What is the loss (in ₹)?
- 4.A shopkeeper buys a cycle for ₹2800 and sells it for ₹3070. What is the profit (in ₹)?
- 5.A cycle bought for ₹900 is sold for ₹540. What is the loss per cent?
- 6.A fan costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 7.What is 5% of 340?
- 8.What is 5% of 680?
- 9.A cricket kit costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹4300 at 5% per year for 1 year (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹8800 at 2% per year for 2 years (in ₹)?
- 12.The price of a cricket ball changed from ₹50 to ₹75. What is the percentage increase?
- 13.A shopkeeper buys a fan for ₹2100 and sells it for ₹1950. What is the loss (in ₹)?
- 14.The price of a cricket ball changed from ₹20 to ₹30. What is the percentage increase?
- 15.A shopkeeper buys a fan for ₹1950 and sells it for ₹2060. What is the profit (in ₹)?
- 16.A shopkeeper buys a watch for ₹2850 and sells it for ₹3080. What is the profit (in ₹)?
- 17.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1030. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹3900 at 11% per year for 2 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 2 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 3 years (in ₹)?
- 21.A table costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹2500 at 8% per year for 2 years (in ₹)?
- 23.What is 25% of 640?
- 24.A mobile phone costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹900 at 9% per year for 3 years (in ₹)?
- 26.A mobile phone bought for ₹500 is sold for ₹475. What is the loss per cent?
- 27.What is 25% of 560?
- 28.A shopkeeper buys a fan for ₹750 and sells it for ₹690. What is the loss (in ₹)?
- 29.What is 95% of 180?
- 30.The price of a pair of shoes changed from ₹20 to ₹28. What is the percentage increase?
- 31.What is the simple interest on ₹9400 at 9% per year for 3 years (in ₹)?
- 32.What is 90% of 40?
- 33.What is the simple interest on ₹5200 at 3% per year for 3 years (in ₹)?
- 34.A sewing machine costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 35.A shopkeeper buys a table for ₹700 and sells it for ₹930. What is the profit (in ₹)?
- 36.What is 35% of 320?
- 37.A mobile phone costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹5100 at 3% per year for 4 years (in ₹)?
- 39.A fan costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹5900 at 2% per year for 2 years (in ₹)?
Answer key
- 1260
- 1800
- 150
- 270
- 40
- 3640
- 17
- 34
- 2480
- 4515
- 9152
- 50
- 150
- 50
- 110
- 230
- 170
- 4758
- 2052
- 9222
- 1792
- 2900
- 160
- 1955
- 1143
- 5
- 140
- 60
- 171
- 40
- 2538
- 36
- 468
- 3570
- 230
- 112
- 1936
- 5712
- 650
- 6136
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