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 65% of 440?
- 2.What is the simple interest on ₹4000 at 6% per year for 5 years (in ₹)?
- 3.The price of a box of mangoes changed from ₹80 to ₹72. What is the percentage decrease?
- 4.What is 75% of 160?
- 5.A cycle bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 6.The price of a cricket ball changed from ₹20 to ₹21. What is the percentage increase?
- 7.A mobile phone bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 8.What is the amount (principal + simple interest) on ₹1000 at 3% per year for 4 years (in ₹)?
- 9.What is the simple interest on ₹800 at 11% per year for 4 years (in ₹)?
- 10.A shopkeeper buys a sewing machine for ₹1300 and sells it for ₹1450. What is the profit (in ₹)?
- 11.The price of a pair of shoes changed from ₹40 to ₹60. What is the percentage increase?
- 12.What is 75% of 280?
- 13.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
- 14.What is 30% of 240?
- 15.A table bought for ₹1300 is sold for ₹1430. What is the profit per cent?
- 16.A fan bought for ₹2700 is sold for ₹3240. What is the profit per cent?
- 17.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
- 18.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹2130. What is the profit (in ₹)?
- 19.A shopkeeper buys a watch for ₹1450 and sells it for ₹1190. What is the loss (in ₹)?
- 20.What is the simple interest on ₹5100 at 4% per year for 1 year (in ₹)?
- 21.A fan bought for ₹2500 is sold for ₹2800. What is the profit per cent?
- 22.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 1 year (in ₹)?
- 23.A watch bought for ₹3900 is sold for ₹4290. What is the profit per cent?
- 24.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹500. What is the loss (in ₹)?
- 25.A cycle costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹9400 at 8% per year for 4 years (in ₹)?
- 27.What is the simple interest on ₹7200 at 10% per year for 2 years (in ₹)?
- 28.A cooler bought for ₹2800 is sold for ₹3360. What is the profit per cent?
- 29.A mobile phone bought for ₹3000 is sold for ₹4500. What is the profit per cent?
- 30.What is 10% of 440?
- 31.What is the amount (principal + simple interest) on ₹1800 at 9% per year for 3 years (in ₹)?
- 32.A cycle costs ₹2000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹1400 at 8% per year for 4 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹8800 at 7% per year for 1 year (in ₹)?
- 35.A cycle costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 3 years (in ₹)?
- 37.What is 65% of 1000?
- 38.A mobile phone costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 2 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 3 years (in ₹)?
Answer key
- 286
- 1200
- 10
- 120
- 25
- 5
- 25
- 1120
- 352
- 150
- 50
- 210
- 25
- 72
- 10
- 20
- 80
- 180
- 260
- 204
- 12
- 3960
- 10
- 150
- 2250
- 12408
- 1440
- 20
- 50
- 44
- 2286
- 2400
- 448
- 9416
- 2340
- 1488
- 650
- 2970
- 3480
- 1651
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