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 ₹3800 at 11% per year for 1 year (in ₹)?
- 2.A shopkeeper buys a watch for ₹1450 and sells it for ₹1750. What is the profit (in ₹)?
- 3.The price of a pair of shoes changed from ₹50 to ₹80. What is the percentage increase?
- 4.A sewing machine costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 5.What is the simple interest on ₹8700 at 7% per year for 1 year (in ₹)?
- 6.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2570. What is the loss (in ₹)?
- 7.A cycle bought for ₹3300 is sold for ₹2310. What is the loss per cent?
- 8.What is the amount (principal + simple interest) on ₹7900 at 2% per year for 2 years (in ₹)?
- 9.A shopkeeper buys a table for ₹500 and sells it for ₹580. What is the profit (in ₹)?
- 10.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2940. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 4 years (in ₹)?
- 12.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹570. What is the profit (in ₹)?
- 13.A fan costs ₹2800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 14.A table costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 15.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
- 16.A cricket kit bought for ₹3400 is sold for ₹4250. What is the profit per cent?
- 17.The price of a water bottle changed from ₹100 to ₹101. What is the percentage increase?
- 18.What is the simple interest on ₹9500 at 12% per year for 3 years (in ₹)?
- 19.A fan costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 20.The price of a pair of shoes changed from ₹200 to ₹210. What is the percentage increase?
- 21.What is the simple interest on ₹7000 at 5% per year for 2 years (in ₹)?
- 22.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
- 23.What is 90% of 120?
- 24.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2530. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹3600 at 7% per year for 3 years (in ₹)?
- 26.A shopkeeper buys a table for ₹2300 and sells it for ₹2200. What is the loss (in ₹)?
- 27.The price of a pair of shoes changed from ₹200 to ₹280. What is the percentage increase?
- 28.The price of a box of mangoes changed from ₹50 to ₹80. What is the percentage increase?
- 29.What is 45% of 440?
- 30.What is 45% of 300?
- 31.What is 40% of 400?
- 32.What is 20% of 120?
- 33.The price of a water bottle changed from ₹80 to ₹20. What is the percentage decrease?
- 34.What is 95% of 920?
- 35.A shopkeeper buys a table for ₹2850 and sells it for ₹2890. What is the profit (in ₹)?
- 36.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 37.The price of a box of mangoes changed from ₹200 to ₹320. What is the percentage increase?
- 38.What is the simple interest on ₹2500 at 9% per year for 3 years (in ₹)?
- 39.What is the simple interest on ₹6700 at 6% per year for 4 years (in ₹)?
- 40.What is the simple interest on ₹6700 at 3% per year for 5 years (in ₹)?
Answer key
- 4218
- 300
- 60
- 2112
- 609
- 130
- 30
- 8216
- 80
- 140
- 9396
- 270
- 3360
- 1250
- 40
- 25
- 1
- 3420
- 2240
- 5
- 700
- 60
- 108
- 180
- 4356
- 100
- 40
- 60
- 198
- 135
- 160
- 24
- 75
- 874
- 40
- 60
- 60
- 675
- 1608
- 1005
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