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 2% per year for 4 years (in ₹)?
- 2.A shopkeeper buys a fan for ₹700 and sells it for ₹450. What is the loss (in ₹)?
- 3.The price of a water bottle changed from ₹100 to ₹105. What is the percentage increase?
- 4.What is the simple interest on ₹800 at 7% per year for 5 years (in ₹)?
- 5.A table costs ₹3600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 6.A table bought for ₹700 is sold for ₹784. What is the profit per cent?
- 7.What is the simple interest on ₹8800 at 4% per year for 1 year (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹6700 at 10% per year for 1 year (in ₹)?
- 9.What is the simple interest on ₹6600 at 8% per year for 2 years (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1470. What is the loss (in ₹)?
- 11.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2670. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹4400 at 7% per year for 1 year (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹2500 at 2% per year for 4 years (in ₹)?
- 14.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1810. What is the loss (in ₹)?
- 15.A cycle costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 16.What is 35% of 700?
- 17.What is 5% of 40?
- 18.What is 5% of 220?
- 19.What is the simple interest on ₹2000 at 9% per year for 2 years (in ₹)?
- 20.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
- 21.The price of a school bag changed from ₹200 to ₹260. What is the percentage increase?
- 22.The price of a pair of shoes changed from ₹80 to ₹48. What is the percentage decrease?
- 23.What is the amount (principal + simple interest) on ₹9300 at 11% per year for 3 years (in ₹)?
- 24.A table costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 25.A fan costs ₹1900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 26.The price of a pair of shoes changed from ₹80 to ₹84. What is the percentage increase?
- 27.What is 20% of 380?
- 28.A cricket kit costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2860. What is the loss (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 2 years (in ₹)?
- 31.What is 65% of 680?
- 32.The price of a box of mangoes changed from ₹500 to ₹475. What is the percentage decrease?
- 33.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 34.A mobile phone costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 3 years (in ₹)?
- 36.A mobile phone costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 5 years (in ₹)?
- 38.What is 10% of 200?
- 39.What is 5% of 420?
- 40.What is the simple interest on ₹5600 at 6% per year for 1 year (in ₹)?
Answer key
- 672
- 250
- 5
- 280
- 3240
- 12
- 352
- 7370
- 1056
- 280
- 170
- 4708
- 2700
- 140
- 2112
- 245
- 2
- 11
- 360
- 40
- 30
- 40
- 12369
- 855
- 1615
- 5
- 76
- 750
- 90
- 7314
- 442
- 5
- 20
- 1680
- 12376
- 880
- 9545
- 20
- 21
- 336
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