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 ₹8700 at 3% per year for 4 years (in ₹)?
- 2.A table bought for ₹2500 is sold for ₹2875. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹3100 at 12% per year for 3 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 5 years (in ₹)?
- 5.What is 80% of 660?
- 6.A shopkeeper buys a table for ₹2150 and sells it for ₹2370. What is the profit (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹5200 at 5% per year for 5 years (in ₹)?
- 8.What is 30% of 220?
- 9.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2690. What is the loss (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 5 years (in ₹)?
- 11.What is the simple interest on ₹7900 at 5% per year for 5 years (in ₹)?
- 12.The price of a pair of shoes changed from ₹80 to ₹104. What is the percentage increase?
- 13.A shopkeeper buys a cooler for ₹200 and sells it for ₹280. What is the profit (in ₹)?
- 14.A mobile phone costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹3700 at 3% per year for 1 year (in ₹)?
- 16.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1680. What is the profit (in ₹)?
- 17.What is the simple interest on ₹6800 at 8% per year for 1 year (in ₹)?
- 18.A sewing machine costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 4 years (in ₹)?
- 20.The price of a school bag changed from ₹80 to ₹40. What is the percentage decrease?
- 21.The price of a pair of shoes changed from ₹80 to ₹84. What is the percentage increase?
- 22.A cycle bought for ₹400 is sold for ₹560. What is the profit per cent?
- 23.What is the simple interest on ₹9500 at 12% per year for 3 years (in ₹)?
- 24.What is the simple interest on ₹3000 at 3% per year for 5 years (in ₹)?
- 25.A cycle bought for ₹2300 is sold for ₹1840. What is the loss per cent?
- 26.A cooler bought for ₹1500 is sold for ₹1350. What is the loss per cent?
- 27.A cricket kit costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 28.A cricket kit bought for ₹1800 is sold for ₹1350. What is the loss per cent?
- 29.What is 90% of 500?
- 30.A shopkeeper buys a fan for ₹1600 and sells it for ₹1840. What is the profit (in ₹)?
- 31.What is 15% of 640?
- 32.A table costs ₹800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 33.A cricket kit bought for ₹2000 is sold for ₹2400. What is the profit per cent?
- 34.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2290. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹9100 at 10% per year for 3 years (in ₹)?
- 36.What is 80% of 840?
- 37.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3140. What is the profit (in ₹)?
- 38.A table bought for ₹3200 is sold for ₹4160. What is the profit per cent?
- 39.A shopkeeper buys a fan for ₹2900 and sells it for ₹2990. What is the profit (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹9200 at 5% per year for 5 years (in ₹)?
Answer key
- 9744
- 15
- 4216
- 2200
- 528
- 220
- 6500
- 66
- 60
- 12825
- 1975
- 30
- 80
- 665
- 111
- 30
- 544
- 1265
- 5040
- 50
- 5
- 40
- 3420
- 450
- 20
- 10
- 1330
- 25
- 450
- 240
- 96
- 560
- 20
- 10
- 11830
- 672
- 140
- 30
- 90
- 11500
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