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 ₹5100 at 12% per year for 4 years (in ₹)?
- 2.What is 40% of 380?
- 3.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2510. What is the loss (in ₹)?
- 4.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2040. What is the loss (in ₹)?
- 5.What is the simple interest on ₹8900 at 7% per year for 3 years (in ₹)?
- 6.What is the simple interest on ₹6400 at 12% per year for 4 years (in ₹)?
- 7.What is 95% of 340?
- 8.What is the simple interest on ₹2000 at 9% per year for 4 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5200 at 6% per year for 3 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹7400 at 9% per year for 4 years (in ₹)?
- 11.The price of a water bottle changed from ₹20 to ₹2. What is the percentage decrease?
- 12.A watch bought for ₹2000 is sold for ₹1900. What is the loss per cent?
- 13.The price of a school bag changed from ₹20 to ₹22. What is the percentage increase?
- 14.What is 40% of 60?
- 15.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
- 16.What is the simple interest on ₹6500 at 4% per year for 3 years (in ₹)?
- 17.A table bought for ₹3300 is sold for ₹3960. What is the profit per cent?
- 18.A cricket kit bought for ₹2900 is sold for ₹3335. What is the profit per cent?
- 19.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 5 years (in ₹)?
- 20.A mobile phone bought for ₹1500 is sold for ₹1425. What is the loss per cent?
- 21.What is the simple interest on ₹1300 at 11% per year for 3 years (in ₹)?
- 22.A fan bought for ₹2900 is sold for ₹2320. What is the loss per cent?
- 23.A shopkeeper buys a fan for ₹2900 and sells it for ₹2970. What is the profit (in ₹)?
- 24.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2660. What is the profit (in ₹)?
- 25.What is the simple interest on ₹2900 at 8% per year for 5 years (in ₹)?
- 26.A shopkeeper buys a watch for ₹1400 and sells it for ₹1440. What is the profit (in ₹)?
- 27.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
- 28.A cooler bought for ₹400 is sold for ₹380. What is the loss per cent?
- 29.The price of a box of mangoes changed from ₹100 to ₹60. What is the percentage decrease?
- 30.A cricket kit costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 31.What is 20% of 1000?
- 32.A table bought for ₹600 is sold for ₹420. What is the loss per cent?
- 33.A mobile phone bought for ₹3400 is sold for ₹4760. What is the profit per cent?
- 34.What is the amount (principal + simple interest) on ₹3400 at 6% per year for 4 years (in ₹)?
- 35.A fan bought for ₹2900 is sold for ₹3045. What is the profit per cent?
- 36.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1920. What is the loss (in ₹)?
- 37.The price of a water bottle changed from ₹50 to ₹35. What is the percentage decrease?
- 38.A sewing machine bought for ₹1100 is sold for ₹1265. What is the profit per cent?
- 39.What is 90% of 640?
- 40.What is the simple interest on ₹4700 at 9% per year for 4 years (in ₹)?
Answer key
- 7548
- 152
- 190
- 260
- 1869
- 3072
- 323
- 720
- 6136
- 10064
- 90
- 5
- 10
- 24
- 60
- 780
- 20
- 15
- 9990
- 5
- 429
- 20
- 70
- 10
- 1160
- 40
- 30
- 5
- 40
- 3675
- 200
- 30
- 40
- 4216
- 5
- 80
- 30
- 15
- 576
- 1692
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