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 ₹2000 at 2% per year for 4 years (in ₹)?
- 2.What is the simple interest on ₹10000 at 12% per year for 1 year (in ₹)?
- 3.The price of a pair of shoes changed from ₹80 to ₹76. What is the percentage decrease?
- 4.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1370. What is the profit (in ₹)?
- 5.What is the simple interest on ₹9300 at 5% per year for 2 years (in ₹)?
- 6.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2800. What is the loss (in ₹)?
- 7.What is 40% of 780?
- 8.The price of a school bag changed from ₹100 to ₹99. What is the percentage decrease?
- 9.What is 40% of 80?
- 10.A mobile phone bought for ₹600 is sold for ₹540. What is the loss per cent?
- 11.A shopkeeper buys a cycle for ₹550 and sells it for ₹700. What is the profit (in ₹)?
- 12.A fan bought for ₹500 is sold for ₹525. What is the profit per cent?
- 13.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹1830. What is the loss (in ₹)?
- 14.A cricket kit costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹900 at 2% per year for 4 years (in ₹)?
- 16.What is the simple interest on ₹2600 at 8% per year for 2 years (in ₹)?
- 17.What is the simple interest on ₹6900 at 3% per year for 4 years (in ₹)?
- 18.A table bought for ₹1900 is sold for ₹1995. What is the profit per cent?
- 19.A mobile phone costs ₹3900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 20.A mobile phone costs ₹2700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 21.The price of a pair of shoes changed from ₹50 to ₹40. What is the percentage decrease?
- 22.A shopkeeper buys a cycle for ₹1900 and sells it for ₹2030. What is the profit (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2500 at 3% per year for 3 years (in ₹)?
- 24.The price of a bus pass changed from ₹500 to ₹950. What is the percentage increase?
- 25.What is the simple interest on ₹4500 at 12% per year for 3 years (in ₹)?
- 26.A cooler bought for ₹1300 is sold for ₹975. What is the loss per cent?
- 27.What is the amount (principal + simple interest) on ₹7500 at 7% per year for 2 years (in ₹)?
- 28.A shopkeeper buys a cooler for ₹1850 and sells it for ₹2140. What is the profit (in ₹)?
- 29.What is the simple interest on ₹1700 at 9% per year for 2 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹600 at 5% per year for 1 year (in ₹)?
- 31.A shopkeeper buys a table for ₹900 and sells it for ₹1110. What is the profit (in ₹)?
- 32.A cricket kit costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 33.The price of a cricket ball changed from ₹40 to ₹70. What is the percentage increase?
- 34.What is the amount (principal + simple interest) on ₹9300 at 2% per year for 2 years (in ₹)?
- 35.A cooler bought for ₹2900 is sold for ₹2030. What is the loss per cent?
- 36.What is 65% of 240?
- 37.What is 25% of 820?
- 38.A shopkeeper buys a fan for ₹1800 and sells it for ₹1640. What is the loss (in ₹)?
- 39.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
- 40.What is the simple interest on ₹4000 at 5% per year for 3 years (in ₹)?
Answer key
- 2160
- 1200
- 5
- 120
- 930
- 50
- 312
- 1
- 32
- 10
- 150
- 5
- 20
- 2000
- 72
- 416
- 828
- 5
- 3705
- 3780
- 20
- 130
- 2725
- 90
- 1620
- 25
- 8550
- 290
- 306
- 630
- 210
- 1150
- 75
- 9672
- 30
- 156
- 205
- 160
- 25
- 600
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