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 ₹1400 at 10% per year for 5 years (in ₹)?
- 2.What is 20% of 240?
- 3.The price of a school bag changed from ₹100 to ₹80. What is the percentage decrease?
- 4.What is the simple interest on ₹1600 at 6% per year for 2 years (in ₹)?
- 5.A cycle bought for ₹1300 is sold for ₹1144. What is the loss per cent?
- 6.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1520. What is the profit (in ₹)?
- 7.What is the simple interest on ₹3300 at 3% per year for 2 years (in ₹)?
- 8.A shopkeeper buys a table for ₹2150 and sells it for ₹2230. What is the profit (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹3100 at 10% per year for 2 years (in ₹)?
- 10.A table bought for ₹2700 is sold for ₹2025. What is the loss per cent?
- 11.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 2 years (in ₹)?
- 12.What is 90% of 220?
- 13.What is the simple interest on ₹3300 at 10% per year for 1 year (in ₹)?
- 14.What is 20% of 280?
- 15.A shopkeeper buys a cycle for ₹1850 and sells it for ₹2150. What is the profit (in ₹)?
- 16.The price of a water bottle changed from ₹500 to ₹750. What is the percentage increase?
- 17.What is the amount (principal + simple interest) on ₹2400 at 9% per year for 2 years (in ₹)?
- 18.The price of a box of mangoes changed from ₹80 to ₹56. What is the percentage decrease?
- 19.What is the simple interest on ₹5500 at 12% per year for 5 years (in ₹)?
- 20.A shopkeeper buys a fan for ₹2100 and sells it for ₹2370. What is the profit (in ₹)?
- 21.The price of a water bottle changed from ₹20 to ₹38. What is the percentage increase?
- 22.The price of a bus pass changed from ₹250 to ₹450. What is the percentage increase?
- 23.A shopkeeper buys a fan for ₹900 and sells it for ₹1170. What is the profit (in ₹)?
- 24.A fan bought for ₹800 is sold for ₹920. What is the profit per cent?
- 25.What is the simple interest on ₹1300 at 11% per year for 1 year (in ₹)?
- 26.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹360. What is the loss (in ₹)?
- 27.A shopkeeper buys a watch for ₹2550 and sells it for ₹2620. What is the profit (in ₹)?
- 28.What is the simple interest on ₹3500 at 5% per year for 2 years (in ₹)?
- 29.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1880. What is the profit (in ₹)?
- 30.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2060. What is the loss (in ₹)?
- 31.A table costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 32.What is 45% of 80?
- 33.What is the amount (principal + simple interest) on ₹4600 at 7% per year for 2 years (in ₹)?
- 34.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹220. What is the loss (in ₹)?
- 35.What is 65% of 720?
- 36.What is the amount (principal + simple interest) on ₹9800 at 6% per year for 2 years (in ₹)?
- 37.A shopkeeper buys a cycle for ₹550 and sells it for ₹340. What is the loss (in ₹)?
- 38.The price of a water bottle changed from ₹500 to ₹650. What is the percentage increase?
- 39.What is 60% of 40?
- 40.The price of a cricket ball changed from ₹50 to ₹70. What is the percentage increase?
Answer key
- 700
- 48
- 20
- 192
- 12
- 20
- 198
- 80
- 3720
- 25
- 7314
- 198
- 330
- 56
- 300
- 50
- 2832
- 30
- 3300
- 270
- 90
- 80
- 270
- 15
- 143
- 140
- 70
- 350
- 280
- 140
- 150
- 36
- 5244
- 280
- 468
- 10976
- 210
- 30
- 24
- 40
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