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 ₹9300 at 11% per year for 3 years (in ₹)?
- 2.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1770. What is the profit (in ₹)?
- 3.A cycle costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 4.What is 90% of 840?
- 5.What is the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 6.What is the simple interest on ₹6300 at 7% per year for 3 years (in ₹)?
- 7.A watch bought for ₹2700 is sold for ₹3024. What is the profit per cent?
- 8.What is the simple interest on ₹1700 at 7% per year for 2 years (in ₹)?
- 9.A fan costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 10.A fan bought for ₹300 is sold for ₹330. What is the profit per cent?
- 11.What is the amount (principal + simple interest) on ₹1700 at 3% per year for 1 year (in ₹)?
- 12.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹1010. What is the profit (in ₹)?
- 13.What is 15% of 880?
- 14.A mobile phone costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 15.A watch costs ₹200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 16.A cycle bought for ₹500 is sold for ₹525. What is the profit per cent?
- 17.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2580. What is the loss (in ₹)?
- 18.What is the simple interest on ₹9500 at 11% per year for 1 year (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 2 years (in ₹)?
- 20.The price of a bus pass changed from ₹20 to ₹36. What is the percentage increase?
- 21.What is the simple interest on ₹3000 at 5% per year for 4 years (in ₹)?
- 22.What is 40% of 840?
- 23.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2150. What is the profit (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 2 years (in ₹)?
- 25.What is the simple interest on ₹4200 at 9% per year for 1 year (in ₹)?
- 26.What is the simple interest on ₹1100 at 7% per year for 3 years (in ₹)?
- 27.What is 20% of 340?
- 28.What is the simple interest on ₹7800 at 10% per year for 5 years (in ₹)?
- 29.A fan costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 30.The price of a box of mangoes changed from ₹250 to ₹325. What is the percentage increase?
- 31.The price of a bus pass changed from ₹500 to ₹625. What is the percentage increase?
- 32.The price of a bus pass changed from ₹500 to ₹800. What is the percentage increase?
- 33.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
- 34.A mobile phone costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹4700 at 5% per year for 4 years (in ₹)?
- 36.A shopkeeper buys a cooler for ₹1800 and sells it for ₹2000. What is the profit (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4100 at 2% per year for 4 years (in ₹)?
- 38.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2000. What is the loss (in ₹)?
- 39.A cooler bought for ₹800 is sold for ₹880. What is the profit per cent?
- 40.What is 10% of 460?
Answer key
- 12369
- 270
- 1430
- 756
- 600
- 1323
- 12
- 238
- 600
- 10
- 1751
- 260
- 132
- 1800
- 120
- 5
- 70
- 1045
- 9010
- 80
- 600
- 336
- 50
- 3432
- 378
- 231
- 68
- 3900
- 630
- 30
- 25
- 60
- 40
- 4800
- 940
- 200
- 4428
- 50
- 10
- 46
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