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 ₹6000 at 12% per year for 4 years (in ₹)?
- 2.The price of a water bottle changed from ₹100 to ₹101. What is the percentage increase?
- 3.A shopkeeper buys a table for ₹1600 and sells it for ₹1620. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 5 years (in ₹)?
- 5.A cooler bought for ₹900 is sold for ₹720. What is the loss per cent?
- 6.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1360. What is the loss (in ₹)?
- 7.A watch bought for ₹1200 is sold for ₹1056. What is the loss per cent?
- 8.A cycle bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 9.A cricket kit costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a table for ₹200 and sells it for ₹340. What is the profit (in ₹)?
- 11.The price of a box of mangoes changed from ₹40 to ₹28. What is the percentage decrease?
- 12.What is 65% of 400?
- 13.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 5 years (in ₹)?
- 14.The price of a water bottle changed from ₹200 to ₹300. What is the percentage increase?
- 15.A shopkeeper buys a cycle for ₹550 and sells it for ₹640. What is the profit (in ₹)?
- 16.A fan bought for ₹4000 is sold for ₹4480. What is the profit per cent?
- 17.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a cycle for ₹650 and sells it for ₹870. What is the profit (in ₹)?
- 19.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1770. What is the profit (in ₹)?
- 20.A shopkeeper buys a table for ₹2250 and sells it for ₹2000. What is the loss (in ₹)?
- 21.What is 85% of 820?
- 22.A watch bought for ₹300 is sold for ₹420. What is the profit per cent?
- 23.What is the simple interest on ₹2800 at 8% per year for 3 years (in ₹)?
- 24.The price of a bus pass changed from ₹80 to ₹48. What is the percentage decrease?
- 25.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2130. What is the loss (in ₹)?
- 26.A cycle costs ₹1000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 27.A cooler bought for ₹3100 is sold for ₹3410. What is the profit per cent?
- 28.A cooler costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹8700 at 2% per year for 3 years (in ₹)?
- 30.A table costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 31.A shopkeeper buys a cooler for ₹300 and sells it for ₹410. What is the profit (in ₹)?
- 32.What is 55% of 980?
- 33.A watch costs ₹3100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹500 at 2% per year for 3 years (in ₹)?
- 35.What is 65% of 860?
- 36.A shopkeeper buys a watch for ₹600 and sells it for ₹610. What is the profit (in ₹)?
- 37.The price of a water bottle changed from ₹20 to ₹12. What is the percentage decrease?
- 38.What is the simple interest on ₹8800 at 4% per year for 1 year (in ₹)?
- 39.The price of a school bag changed from ₹50 to ₹5. What is the percentage decrease?
- 40.The price of a bus pass changed from ₹50 to ₹30. What is the percentage decrease?
Answer key
- 2880
- 1
- 20
- 3375
- 20
- 240
- 12
- 10
- 1680
- 140
- 30
- 260
- 7375
- 50
- 90
- 12
- 1854
- 220
- 270
- 250
- 697
- 40
- 672
- 40
- 170
- 600
- 10
- 4340
- 522
- 3900
- 110
- 539
- 3720
- 530
- 559
- 10
- 40
- 352
- 90
- 40
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