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 ₹3600 at 2% per year for 3 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹1500 at 12% per year for 3 years (in ₹)?
- 3.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1420. What is the profit (in ₹)?
- 4.The price of a school bag changed from ₹20 to ₹2. What is the percentage decrease?
- 5.What is the amount (principal + simple interest) on ₹6700 at 4% per year for 4 years (in ₹)?
- 6.What is the simple interest on ₹6900 at 6% per year for 5 years (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1050. What is the profit (in ₹)?
- 8.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1140. What is the loss (in ₹)?
- 9.What is the simple interest on ₹900 at 9% per year for 5 years (in ₹)?
- 10.A watch costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 11.The price of a bus pass changed from ₹400 to ₹396. What is the percentage decrease?
- 12.What is 25% of 800?
- 13.A cycle costs ₹3000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 14.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
- 15.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 16.What is 95% of 640?
- 17.What is the simple interest on ₹800 at 11% per year for 5 years (in ₹)?
- 18.What is the simple interest on ₹1600 at 11% per year for 3 years (in ₹)?
- 19.A cooler costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 20.A cricket kit bought for ₹2000 is sold for ₹1900. What is the loss per cent?
- 21.A table bought for ₹200 is sold for ₹220. What is the profit per cent?
- 22.A sewing machine bought for ₹2000 is sold for ₹2500. What is the profit per cent?
- 23.What is the simple interest on ₹1400 at 10% per year for 1 year (in ₹)?
- 24.What is the simple interest on ₹1900 at 2% per year for 3 years (in ₹)?
- 25.A sewing machine costs ₹500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹8600 at 4% per year for 2 years (in ₹)?
- 27.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹570. What is the loss (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹4500 at 8% per year for 2 years (in ₹)?
- 29.What is the simple interest on ₹700 at 2% per year for 2 years (in ₹)?
- 30.A cycle costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 31.The price of a box of mangoes changed from ₹250 to ₹375. What is the percentage increase?
- 32.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1710. What is the profit (in ₹)?
- 33.A sewing machine costs ₹3000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 34.What is 80% of 520?
- 35.A cooler bought for ₹1300 is sold for ₹1430. What is the profit per cent?
- 36.A cricket kit bought for ₹1600 is sold for ₹1360. What is the loss per cent?
- 37.What is the amount (principal + simple interest) on ₹9400 at 5% per year for 5 years (in ₹)?
- 38.A fan bought for ₹2500 is sold for ₹3750. What is the profit per cent?
- 39.What is the amount (principal + simple interest) on ₹6700 at 3% per year for 2 years (in ₹)?
- 40.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2320. What is the profit (in ₹)?
Answer key
- 3816
- 2040
- 70
- 90
- 7772
- 2070
- 100
- 160
- 405
- 4050
- 1
- 200
- 2250
- 80
- 20
- 608
- 440
- 528
- 910
- 5
- 10
- 25
- 140
- 114
- 750
- 9288
- 80
- 5220
- 28
- 1710
- 50
- 160
- 2100
- 416
- 10
- 15
- 11750
- 50
- 7102
- 270
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