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 ₹4700 at 6% per year for 1 year (in ₹)?
- 2.A mobile phone costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 3.A watch costs ₹1300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 4.A shopkeeper buys a table for ₹2450 and sells it for ₹2480. What is the profit (in ₹)?
- 5.What is the simple interest on ₹7000 at 4% per year for 3 years (in ₹)?
- 6.What is 10% of 440?
- 7.A shopkeeper buys a fan for ₹300 and sells it for ₹260. What is the loss (in ₹)?
- 8.A table bought for ₹2300 is sold for ₹2990. What is the profit per cent?
- 9.A cooler bought for ₹700 is sold for ₹560. What is the loss per cent?
- 10.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹2020. What is the profit (in ₹)?
- 11.A cycle bought for ₹500 is sold for ₹625. What is the profit per cent?
- 12.What is the simple interest on ₹2500 at 9% per year for 1 year (in ₹)?
- 13.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2640. What is the profit (in ₹)?
- 14.A fan bought for ₹2000 is sold for ₹1500. What is the loss per cent?
- 15.A mobile phone bought for ₹500 is sold for ₹475. What is the loss per cent?
- 16.The price of a water bottle changed from ₹40 to ₹70. What is the percentage increase?
- 17.What is 40% of 380?
- 18.A fan bought for ₹2200 is sold for ₹1540. What is the loss per cent?
- 19.What is 70% of 480?
- 20.What is the amount (principal + simple interest) on ₹9000 at 8% per year for 3 years (in ₹)?
- 21.The price of a school bag changed from ₹250 to ₹350. What is the percentage increase?
- 22.The price of a box of mangoes changed from ₹50 to ₹60. What is the percentage increase?
- 23.A watch costs ₹1300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 24.A fan bought for ₹3900 is sold for ₹4095. What is the profit per cent?
- 25.The price of a water bottle changed from ₹200 to ₹360. What is the percentage increase?
- 26.A cooler costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹5600 at 10% per year for 5 years (in ₹)?
- 28.A cooler bought for ₹1100 is sold for ₹1375. What is the profit per cent?
- 29.What is the amount (principal + simple interest) on ₹3500 at 10% per year for 3 years (in ₹)?
- 30.What is the simple interest on ₹6800 at 3% per year for 1 year (in ₹)?
- 31.A cycle bought for ₹1300 is sold for ₹1170. What is the loss per cent?
- 32.What is the simple interest on ₹1800 at 6% per year for 2 years (in ₹)?
- 33.What is 75% of 340?
- 34.What is 70% of 340?
- 35.What is 45% of 260?
- 36.A shopkeeper buys a table for ₹2900 and sells it for ₹2710. What is the loss (in ₹)?
- 37.The price of a water bottle changed from ₹400 to ₹392. What is the percentage decrease?
- 38.What is 15% of 280?
- 39.What is the amount (principal + simple interest) on ₹4000 at 2% per year for 4 years (in ₹)?
- 40.What is the simple interest on ₹800 at 9% per year for 4 years (in ₹)?
Answer key
- 4982
- 1980
- 780
- 30
- 840
- 44
- 40
- 30
- 20
- 20
- 25
- 225
- 190
- 25
- 5
- 75
- 152
- 30
- 336
- 11160
- 40
- 20
- 1625
- 5
- 80
- 975
- 2800
- 25
- 4550
- 204
- 10
- 216
- 255
- 238
- 117
- 190
- 2
- 42
- 4320
- 288
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