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 ₹1600 at 3% per year for 4 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 1 year (in ₹)?
- 3.What is 60% of 800?
- 4.A shopkeeper buys a cycle for ₹750 and sells it for ₹950. What is the profit (in ₹)?
- 5.A mobile phone costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2920. What is the profit (in ₹)?
- 7.A shopkeeper buys a fan for ₹550 and sells it for ₹730. What is the profit (in ₹)?
- 8.What is 95% of 580?
- 9.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 1 year (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 2 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 5 years (in ₹)?
- 12.What is the simple interest on ₹5000 at 11% per year for 1 year (in ₹)?
- 13.A mobile phone costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 14.The price of a water bottle changed from ₹80 to ₹84. What is the percentage increase?
- 15.A cooler bought for ₹1800 is sold for ₹1584. What is the loss per cent?
- 16.What is the simple interest on ₹2800 at 2% per year for 1 year (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹450. What is the loss (in ₹)?
- 18.The price of a bus pass changed from ₹40 to ₹72. What is the percentage increase?
- 19.A mobile phone bought for ₹3600 is sold for ₹3420. What is the loss per cent?
- 20.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2940. What is the profit (in ₹)?
- 21.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2780. What is the profit (in ₹)?
- 22.What is 15% of 260?
- 23.A shopkeeper buys a fan for ₹1000 and sells it for ₹850. What is the loss (in ₹)?
- 24.The price of a box of mangoes changed from ₹500 to ₹400. What is the percentage decrease?
- 25.What is the simple interest on ₹7700 at 12% per year for 2 years (in ₹)?
- 26.A cooler bought for ₹1800 is sold for ₹2250. What is the profit per cent?
- 27.A cycle costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹5100 at 8% per year for 2 years (in ₹)?
- 29.The price of a school bag changed from ₹100 to ₹102. What is the percentage increase?
- 30.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2790. What is the profit (in ₹)?
- 31.A fan bought for ₹400 is sold for ₹280. What is the loss per cent?
- 32.A cooler bought for ₹3200 is sold for ₹3680. What is the profit per cent?
- 33.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2670. What is the profit (in ₹)?
- 34.What is 35% of 260?
- 35.A sewing machine costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a cooler for ₹1250 and sells it for ₹1280. What is the profit (in ₹)?
- 37.What is 5% of 780?
- 38.What is the simple interest on ₹900 at 9% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 1 year (in ₹)?
- 40.The price of a box of mangoes changed from ₹250 to ₹375. What is the percentage increase?
Answer key
- 192
- 2310
- 480
- 200
- 880
- 220
- 180
- 551
- 6048
- 2052
- 4495
- 550
- 560
- 5
- 12
- 56
- 300
- 80
- 5
- 140
- 130
- 39
- 150
- 20
- 1848
- 25
- 280
- 5916
- 2
- 140
- 30
- 15
- 20
- 91
- 3024
- 30
- 39
- 162
- 2080
- 50
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