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 ₹3900 at 2% per year for 2 years (in ₹)?
- 2.A watch costs ₹1900. It is sold at a 40% loss. What is the selling price (in ₹)?
- 3.A shopkeeper buys a table for ₹1900 and sells it for ₹1820. What is the loss (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹5100 at 3% per year for 1 year (in ₹)?
- 5.A shopkeeper buys a cooler for ₹950 and sells it for ₹690. What is the loss (in ₹)?
- 6.What is the simple interest on ₹4900 at 2% per year for 5 years (in ₹)?
- 7.What is 5% of 480?
- 8.What is 5% of 200?
- 9.A cricket kit bought for ₹2600 is sold for ₹3250. What is the profit per cent?
- 10.A cooler costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 11.A shopkeeper buys a fan for ₹1400 and sells it for ₹1560. What is the profit (in ₹)?
- 12.A mobile phone costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹3100 at 12% per year for 5 years (in ₹)?
- 14.What is 10% of 420?
- 15.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1490. What is the loss (in ₹)?
- 16.The price of a water bottle changed from ₹500 to ₹400. What is the percentage decrease?
- 17.What is the simple interest on ₹8500 at 10% per year for 1 year (in ₹)?
- 18.A mobile phone costs ₹1500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 19.What is 10% of 120?
- 20.A mobile phone costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 21.A shopkeeper buys a cooler for ₹2600 and sells it for ₹2610. What is the profit (in ₹)?
- 22.A fan costs ₹400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹6200 at 2% per year for 3 years (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹830. What is the profit (in ₹)?
- 25.What is the simple interest on ₹4200 at 6% per year for 2 years (in ₹)?
- 26.What is 15% of 140?
- 27.What is the amount (principal + simple interest) on ₹1700 at 2% per year for 3 years (in ₹)?
- 28.The price of a pair of shoes changed from ₹40 to ₹60. What is the percentage increase?
- 29.What is the simple interest on ₹6000 at 3% per year for 4 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹9000 at 7% per year for 3 years (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2480. What is the loss (in ₹)?
- 32.What is 20% of 260?
- 33.What is the amount (principal + simple interest) on ₹1300 at 3% per year for 1 year (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 1 year (in ₹)?
- 35.A watch costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 36.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2920. What is the profit (in ₹)?
- 37.A fan bought for ₹2400 is sold for ₹2040. What is the loss per cent?
- 38.The price of a cricket ball changed from ₹500 to ₹50. What is the percentage decrease?
- 39.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2760. What is the profit (in ₹)?
- 40.A table costs ₹1700. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 4056
- 1140
- 80
- 5253
- 260
- 490
- 24
- 10
- 25
- 510
- 160
- 840
- 1860
- 42
- 260
- 20
- 850
- 1575
- 12
- 1380
- 10
- 520
- 372
- 280
- 504
- 21
- 1802
- 50
- 720
- 10890
- 170
- 52
- 1339
- 5871
- 2280
- 270
- 15
- 90
- 260
- 1615
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