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 ₹3400 at 3% per year for 1 year (in ₹)?
- 2.What is 40% of 760?
- 3.A shopkeeper buys a fan for ₹500 and sells it for ₹540. What is the profit (in ₹)?
- 4.A cooler bought for ₹500 is sold for ₹440. What is the loss per cent?
- 5.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 1 year (in ₹)?
- 6.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹910. What is the profit (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2310. What is the loss (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹4800 at 9% per year for 4 years (in ₹)?
- 9.A mobile phone costs ₹1600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 10.A fan bought for ₹2800 is sold for ₹4200. What is the profit per cent?
- 11.A cycle bought for ₹3000 is sold for ₹2850. What is the loss per cent?
- 12.What is the amount (principal + simple interest) on ₹8600 at 2% per year for 1 year (in ₹)?
- 13.The price of a box of mangoes changed from ₹20 to ₹19. What is the percentage decrease?
- 14.A cooler costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 15.What is 45% of 620?
- 16.What is the simple interest on ₹2500 at 12% per year for 1 year (in ₹)?
- 17.What is 85% of 500?
- 18.A sewing machine bought for ₹3100 is sold for ₹2728. What is the loss per cent?
- 19.What is the amount (principal + simple interest) on ₹5100 at 2% per year for 1 year (in ₹)?
- 20.A sewing machine costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 21.What is 45% of 40?
- 22.What is 60% of 540?
- 23.What is the amount (principal + simple interest) on ₹2000 at 12% per year for 3 years (in ₹)?
- 24.What is 45% of 760?
- 25.What is 80% of 660?
- 26.A shopkeeper buys a table for ₹2650 and sells it for ₹2750. What is the profit (in ₹)?
- 27.What is the simple interest on ₹4100 at 11% per year for 1 year (in ₹)?
- 28.What is 30% of 800?
- 29.What is the amount (principal + simple interest) on ₹9200 at 7% per year for 5 years (in ₹)?
- 30.A cycle bought for ₹2100 is sold for ₹1050. What is the loss per cent?
- 31.The price of a bus pass changed from ₹80 to ₹88. What is the percentage increase?
- 32.A shopkeeper buys a cooler for ₹2950 and sells it for ₹3190. What is the profit (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 1 year (in ₹)?
- 34.A shopkeeper buys a cycle for ₹850 and sells it for ₹1090. What is the profit (in ₹)?
- 35.What is 95% of 800?
- 36.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1380. What is the loss (in ₹)?
- 37.A watch bought for ₹200 is sold for ₹260. What is the profit per cent?
- 38.A sewing machine bought for ₹3400 is sold for ₹1700. What is the loss per cent?
- 39.What is the simple interest on ₹6800 at 6% per year for 2 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 5 years (in ₹)?
Answer key
- 3502
- 304
- 40
- 12
- 9592
- 210
- 140
- 6528
- 1760
- 50
- 5
- 8772
- 5
- 440
- 279
- 300
- 425
- 12
- 5202
- 1600
- 18
- 324
- 2720
- 342
- 528
- 100
- 451
- 240
- 12420
- 50
- 10
- 240
- 2912
- 240
- 760
- 220
- 30
- 50
- 816
- 1725
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