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 5% of 60?
- 2.A mobile phone costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 3.What is the simple interest on ₹6200 at 8% per year for 1 year (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹7800 at 8% per year for 2 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 5 years (in ₹)?
- 6.What is the simple interest on ₹6400 at 8% per year for 4 years (in ₹)?
- 7.A watch bought for ₹2800 is sold for ₹1960. What is the loss per cent?
- 8.A watch costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 9.A cooler bought for ₹4000 is sold for ₹4400. What is the profit per cent?
- 10.A shopkeeper buys a fan for ₹2000 and sells it for ₹2150. What is the profit (in ₹)?
- 11.A fan bought for ₹2100 is sold for ₹2625. What is the profit per cent?
- 12.A mobile phone bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 13.What is 65% of 380?
- 14.What is the amount (principal + simple interest) on ₹4100 at 2% per year for 4 years (in ₹)?
- 15.What is 95% of 220?
- 16.What is 55% of 780?
- 17.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹760. What is the loss (in ₹)?
- 18.What is the simple interest on ₹2300 at 4% per year for 2 years (in ₹)?
- 19.A mobile phone costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹3600 at 6% per year for 3 years (in ₹)?
- 21.The price of a pair of shoes changed from ₹50 to ₹60. What is the percentage increase?
- 22.A cricket kit costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2820. What is the profit (in ₹)?
- 24.A shopkeeper buys a watch for ₹1550 and sells it for ₹1590. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 1 year (in ₹)?
- 26.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2190. What is the profit (in ₹)?
- 27.A mobile phone bought for ₹1200 is sold for ₹1500. What is the profit per cent?
- 28.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹220. What is the loss (in ₹)?
- 29.What is the simple interest on ₹8400 at 11% per year for 3 years (in ₹)?
- 30.A watch bought for ₹2900 is sold for ₹1740. What is the loss per cent?
- 31.A cricket kit costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 32.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1020. What is the loss (in ₹)?
- 33.A sewing machine costs ₹3400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 34.What is 40% of 240?
- 35.What is the amount (principal + simple interest) on ₹8900 at 5% per year for 5 years (in ₹)?
- 36.What is the simple interest on ₹3100 at 2% per year for 3 years (in ₹)?
- 37.A sewing machine costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹3900 at 10% per year for 2 years (in ₹)?
- 40.What is the simple interest on ₹5800 at 9% per year for 3 years (in ₹)?
Answer key
- 3
- 750
- 496
- 9048
- 13920
- 2048
- 30
- 1440
- 10
- 150
- 25
- 12
- 247
- 4428
- 209
- 429
- 240
- 184
- 280
- 648
- 20
- 920
- 20
- 40
- 5885
- 90
- 25
- 80
- 2772
- 40
- 1520
- 30
- 4760
- 96
- 11125
- 186
- 550
- 9676
- 4680
- 1566
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