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 ₹4100 at 10% per year for 3 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹700 at 4% per year for 1 year (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹4900 at 7% per year for 3 years (in ₹)?
- 4.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2480. What is the loss (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹5600 at 5% per year for 4 years (in ₹)?
- 6.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2430. What is the loss (in ₹)?
- 7.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
- 8.What is 60% of 940?
- 9.A fan bought for ₹2100 is sold for ₹2625. What is the profit per cent?
- 10.A table costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 11.The price of a cricket ball changed from ₹100 to ₹160. What is the percentage increase?
- 12.A cooler costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 13.The price of a bus pass changed from ₹80 to ₹84. What is the percentage increase?
- 14.A shopkeeper buys a table for ₹2300 and sells it for ₹2530. What is the profit (in ₹)?
- 15.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2830. What is the loss (in ₹)?
- 16.What is the simple interest on ₹2100 at 5% per year for 1 year (in ₹)?
- 17.A cricket kit costs ₹200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 18.The price of a bus pass changed from ₹20 to ₹8. What is the percentage decrease?
- 19.The price of a school bag changed from ₹20 to ₹35. What is the percentage increase?
- 20.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹690. What is the profit (in ₹)?
- 21.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1900. What is the profit (in ₹)?
- 22.The price of a bus pass changed from ₹80 to ₹20. What is the percentage decrease?
- 23.What is the simple interest on ₹5300 at 4% per year for 2 years (in ₹)?
- 24.A shopkeeper buys a watch for ₹2400 and sells it for ₹2660. What is the profit (in ₹)?
- 25.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
- 26.A sewing machine bought for ₹1500 is sold for ₹1950. What is the profit per cent?
- 27.What is the amount (principal + simple interest) on ₹7200 at 8% per year for 5 years (in ₹)?
- 28.What is the simple interest on ₹1100 at 12% per year for 4 years (in ₹)?
- 29.What is 25% of 940?
- 30.The price of a cricket ball changed from ₹20 to ₹32. What is the percentage increase?
- 31.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2770. What is the profit (in ₹)?
- 32.What is 30% of 500?
- 33.A shopkeeper buys a fan for ₹200 and sells it for ₹50. What is the loss (in ₹)?
- 34.A table bought for ₹4000 is sold for ₹4200. What is the profit per cent?
- 35.A shopkeeper buys a cooler for ₹800 and sells it for ₹940. What is the profit (in ₹)?
- 36.A shopkeeper buys a table for ₹2550 and sells it for ₹2290. What is the loss (in ₹)?
- 37.The price of a bus pass changed from ₹500 to ₹450. What is the percentage decrease?
- 38.A cricket kit costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1700 at 11% per year for 2 years (in ₹)?
- 40.A fan costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
Answer key
- 5330
- 728
- 5929
- 170
- 6720
- 70
- 80
- 564
- 25
- 560
- 60
- 2250
- 5
- 230
- 20
- 105
- 240
- 60
- 75
- 240
- 150
- 75
- 424
- 260
- 60
- 30
- 10080
- 528
- 235
- 60
- 20
- 150
- 150
- 5
- 140
- 260
- 10
- 240
- 2074
- 1584
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