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 ₹500 at 5% per year for 1 year (in ₹)?
- 2.A sewing machine bought for ₹700 is sold for ₹980. What is the profit per cent?
- 3.What is 75% of 860?
- 4.The price of a box of mangoes changed from ₹500 to ₹350. What is the percentage decrease?
- 5.What is the simple interest on ₹7600 at 12% per year for 1 year (in ₹)?
- 6.What is 5% of 260?
- 7.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 8.What is the simple interest on ₹9400 at 6% per year for 2 years (in ₹)?
- 9.The price of a bus pass changed from ₹100 to ₹20. What is the percentage decrease?
- 10.A fan costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹8300 at 11% per year for 3 years (in ₹)?
- 12.What is 75% of 460?
- 13.What is the simple interest on ₹8200 at 10% per year for 2 years (in ₹)?
- 14.A table costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹9500 at 7% per year for 2 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹7900 at 12% per year for 1 year (in ₹)?
- 17.A cooler bought for ₹3800 is sold for ₹3040. What is the loss per cent?
- 18.A table bought for ₹3400 is sold for ₹5100. What is the profit per cent?
- 19.What is the amount (principal + simple interest) on ₹5200 at 10% per year for 4 years (in ₹)?
- 20.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2350. What is the loss (in ₹)?
- 21.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹310. What is the profit (in ₹)?
- 22.What is the simple interest on ₹9100 at 10% per year for 2 years (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹330. What is the loss (in ₹)?
- 24.A sewing machine costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 25.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
- 26.The price of a water bottle changed from ₹200 to ₹300. What is the percentage increase?
- 27.What is 40% of 160?
- 28.A cooler costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹2700 at 4% per year for 5 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹2300 at 6% per year for 3 years (in ₹)?
- 31.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1590. What is the profit (in ₹)?
- 32.A mobile phone bought for ₹1100 is sold for ₹1540. What is the profit per cent?
- 33.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹920. What is the profit (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹7000 at 9% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹3100 at 12% per year for 1 year (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹5400 at 5% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1420. What is the loss (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹7300 at 11% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a table for ₹2850 and sells it for ₹2990. What is the profit (in ₹)?
- 40.The price of a school bag changed from ₹80 to ₹40. What is the percentage decrease?
Answer key
- 525
- 40
- 645
- 30
- 912
- 13
- 60
- 1128
- 80
- 4620
- 2739
- 345
- 1640
- 1350
- 1330
- 8848
- 20
- 50
- 7280
- 300
- 110
- 1820
- 20
- 1500
- 60
- 50
- 64
- 1100
- 540
- 2714
- 140
- 40
- 220
- 7630
- 372
- 6480
- 230
- 10512
- 140
- 50
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