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 ₹6200 at 12% per year for 4 years (in ₹)?
- 2.A cooler bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 3.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹500. What is the profit (in ₹)?
- 4.A shopkeeper buys a fan for ₹300 and sells it for ₹440. What is the profit (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 2 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹3600 at 2% per year for 5 years (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2940. What is the loss (in ₹)?
- 8.What is the simple interest on ₹2400 at 10% per year for 2 years (in ₹)?
- 9.The price of a water bottle changed from ₹25 to ₹15. What is the percentage decrease?
- 10.What is the amount (principal + simple interest) on ₹700 at 10% per year for 1 year (in ₹)?
- 11.The price of a cricket ball changed from ₹400 to ₹760. What is the percentage increase?
- 12.A shopkeeper buys a table for ₹200 and sells it for ₹290. What is the profit (in ₹)?
- 13.A cooler bought for ₹300 is sold for ₹360. What is the profit per cent?
- 14.What is the simple interest on ₹4400 at 9% per year for 1 year (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 2 years (in ₹)?
- 16.What is 95% of 500?
- 17.A sewing machine costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 18.A cricket kit bought for ₹300 is sold for ₹420. What is the profit per cent?
- 19.A cooler costs ₹3200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 20.A sewing machine costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 21.What is 45% of 940?
- 22.A cycle bought for ₹3100 is sold for ₹2325. What is the loss per cent?
- 23.What is 20% of 400?
- 24.What is the simple interest on ₹5800 at 2% per year for 5 years (in ₹)?
- 25.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
- 26.What is 80% of 240?
- 27.The price of a box of mangoes changed from ₹50 to ₹20. What is the percentage decrease?
- 28.What is 20% of 840?
- 29.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹800. What is the loss (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹500 at 11% per year for 4 years (in ₹)?
- 31.What is 55% of 140?
- 32.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2750. What is the profit (in ₹)?
- 33.A sewing machine costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 34.A shopkeeper buys a fan for ₹300 and sells it for ₹460. What is the profit (in ₹)?
- 35.A mobile phone costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹700 at 7% per year for 1 year (in ₹)?
- 37.What is 35% of 120?
- 38.What is 85% of 260?
- 39.What is 30% of 520?
- 40.What is 45% of 480?
Answer key
- 2976
- 5
- 150
- 140
- 7056
- 3960
- 10
- 480
- 40
- 770
- 90
- 90
- 20
- 396
- 9396
- 475
- 3125
- 40
- 4800
- 1900
- 423
- 25
- 80
- 580
- 30
- 192
- 60
- 168
- 250
- 720
- 77
- 200
- 2250
- 160
- 1260
- 49
- 42
- 221
- 156
- 216
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