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 simple interest on ₹1700 at 7% per year for 2 years (in ₹)?
- 2.A watch bought for ₹400 is sold for ₹600. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 5 years (in ₹)?
- 4.A cycle bought for ₹1300 is sold for ₹1456. What is the profit per cent?
- 5.A fan costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1170. What is the profit (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹730. What is the profit (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹8400 at 12% per year for 4 years (in ₹)?
- 9.What is 40% of 540?
- 10.A sewing machine costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.The price of a box of mangoes changed from ₹400 to ₹480. What is the percentage increase?
- 12.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 4 years (in ₹)?
- 13.A fan costs ₹3100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 14.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1230. What is the profit (in ₹)?
- 15.What is the simple interest on ₹9000 at 9% per year for 3 years (in ₹)?
- 16.A cycle costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹3000 at 9% per year for 4 years (in ₹)?
- 18.What is 35% of 580?
- 19.What is 10% of 460?
- 20.What is the amount (principal + simple interest) on ₹8600 at 11% per year for 4 years (in ₹)?
- 21.What is the simple interest on ₹2000 at 12% per year for 5 years (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹820. What is the profit (in ₹)?
- 23.What is the simple interest on ₹5900 at 10% per year for 2 years (in ₹)?
- 24.A shopkeeper buys a cycle for ₹900 and sells it for ₹1090. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹3300 at 5% per year for 3 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 4 years (in ₹)?
- 27.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
- 28.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2430. What is the loss (in ₹)?
- 29.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2010. What is the loss (in ₹)?
- 30.A shopkeeper buys a fan for ₹2250 and sells it for ₹2460. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹4800 at 12% per year for 3 years (in ₹)?
- 32.A shopkeeper buys a table for ₹1400 and sells it for ₹1330. What is the loss (in ₹)?
- 33.A sewing machine costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 34.The price of a school bag changed from ₹50 to ₹45. What is the percentage decrease?
- 35.A shopkeeper buys a watch for ₹1400 and sells it for ₹1370. What is the loss (in ₹)?
- 36.The price of a water bottle changed from ₹40 to ₹28. What is the percentage decrease?
- 37.What is the amount (principal + simple interest) on ₹1700 at 7% per year for 2 years (in ₹)?
- 38.A cycle bought for ₹2300 is sold for ₹1840. What is the loss per cent?
- 39.A table bought for ₹3900 is sold for ₹3705. What is the loss per cent?
- 40.What is 40% of 340?
Answer key
- 238
- 50
- 3450
- 12
- 990
- 70
- 80
- 12432
- 216
- 2160
- 20
- 8848
- 2635
- 130
- 2430
- 2090
- 1080
- 203
- 46
- 12384
- 1200
- 170
- 1180
- 190
- 3795
- 6944
- 25
- 270
- 140
- 210
- 6528
- 70
- 1144
- 10
- 30
- 30
- 1938
- 20
- 5
- 136
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