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 ₹2700 at 11% per year for 3 years (in ₹)?
- 2.What is 65% of 480?
- 3.What is the amount (principal + simple interest) on ₹8200 at 12% per year for 3 years (in ₹)?
- 4.What is the simple interest on ₹1200 at 2% per year for 5 years (in ₹)?
- 5.A cycle bought for ₹1900 is sold for ₹2470. What is the profit per cent?
- 6.What is the simple interest on ₹4700 at 9% per year for 4 years (in ₹)?
- 7.What is 55% of 120?
- 8.A mobile phone bought for ₹2200 is sold for ₹3300. What is the profit per cent?
- 9.A sewing machine costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2050. What is the loss (in ₹)?
- 11.A sewing machine bought for ₹1500 is sold for ₹1680. What is the profit per cent?
- 12.The price of a pair of shoes changed from ₹200 to ₹202. What is the percentage increase?
- 13.What is 20% of 480?
- 14.What is 5% of 520?
- 15.What is the amount (principal + simple interest) on ₹1700 at 5% per year for 4 years (in ₹)?
- 16.What is the simple interest on ₹5900 at 2% per year for 4 years (in ₹)?
- 17.A table bought for ₹3300 is sold for ₹3630. What is the profit per cent?
- 18.What is the simple interest on ₹4000 at 7% per year for 2 years (in ₹)?
- 19.The price of a box of mangoes changed from ₹200 to ₹260. What is the percentage increase?
- 20.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 2 years (in ₹)?
- 21.A shopkeeper buys a watch for ₹1600 and sells it for ₹1890. What is the profit (in ₹)?
- 22.A mobile phone costs ₹2100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1210. What is the profit (in ₹)?
- 24.A mobile phone costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 25.A cricket kit bought for ₹3000 is sold for ₹2640. What is the loss per cent?
- 26.What is the amount (principal + simple interest) on ₹1800 at 7% per year for 5 years (in ₹)?
- 27.A cycle bought for ₹2700 is sold for ₹2025. What is the loss per cent?
- 28.A shopkeeper buys a fan for ₹1800 and sells it for ₹2040. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 1 year (in ₹)?
- 30.A sewing machine costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹9500 at 3% per year for 1 year (in ₹)?
- 32.What is the simple interest on ₹2600 at 7% per year for 1 year (in ₹)?
- 33.What is the simple interest on ₹7700 at 11% per year for 3 years (in ₹)?
- 34.A shopkeeper buys a fan for ₹1050 and sells it for ₹1020. What is the loss (in ₹)?
- 35.What is 85% of 60?
- 36.A shopkeeper buys a fan for ₹2600 and sells it for ₹2660. What is the profit (in ₹)?
- 37.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹970. What is the loss (in ₹)?
- 38.What is the simple interest on ₹3100 at 3% per year for 1 year (in ₹)?
- 39.A cricket kit bought for ₹3700 is sold for ₹5180. What is the profit per cent?
- 40.What is the amount (principal + simple interest) on ₹1400 at 11% per year for 5 years (in ₹)?
Answer key
- 3591
- 312
- 11152
- 120
- 30
- 1692
- 66
- 50
- 990
- 50
- 12
- 1
- 96
- 26
- 2040
- 472
- 10
- 560
- 30
- 1512
- 290
- 2730
- 210
- 4030
- 12
- 2430
- 25
- 240
- 1120
- 2420
- 285
- 182
- 2541
- 30
- 51
- 60
- 130
- 93
- 40
- 2170
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