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 ₹5700 at 11% per year for 5 years (in ₹)?
- 2.A shopkeeper buys a fan for ₹750 and sells it for ₹910. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 4 years (in ₹)?
- 4.A cycle bought for ₹200 is sold for ₹300. What is the profit per cent?
- 5.What is the simple interest on ₹2100 at 6% per year for 4 years (in ₹)?
- 6.A shopkeeper buys a fan for ₹800 and sells it for ₹700. What is the loss (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1390. What is the loss (in ₹)?
- 8.A table costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 9.What is 40% of 220?
- 10.What is 65% of 940?
- 11.A cycle costs ₹3200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 2 years (in ₹)?
- 13.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 4 years (in ₹)?
- 15.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
- 16.The price of a school bag changed from ₹80 to ₹8. What is the percentage decrease?
- 17.A shopkeeper buys a watch for ₹1700 and sells it for ₹1930. What is the profit (in ₹)?
- 18.The price of a cricket ball changed from ₹200 to ₹190. What is the percentage decrease?
- 19.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
- 20.A fan bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 21.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 22.What is 55% of 420?
- 23.A cycle costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 24.What is 40% of 500?
- 25.A sewing machine costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹8600 at 9% per year for 3 years (in ₹)?
- 27.A cooler bought for ₹400 is sold for ₹520. What is the profit per cent?
- 28.What is 15% of 740?
- 29.What is the amount (principal + simple interest) on ₹8800 at 11% per year for 4 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 4 years (in ₹)?
- 31.A cycle bought for ₹2000 is sold for ₹2400. What is the profit per cent?
- 32.What is the simple interest on ₹4700 at 4% per year for 1 year (in ₹)?
- 33.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
- 34.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 5 years (in ₹)?
- 35.A watch bought for ₹3900 is sold for ₹4290. What is the profit per cent?
- 36.A fan costs ₹2200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹800 at 8% per year for 5 years (in ₹)?
- 38.What is 90% of 240?
- 39.What is the simple interest on ₹900 at 11% per year for 1 year (in ₹)?
- 40.The price of a pair of shoes changed from ₹100 to ₹190. What is the percentage increase?
Answer key
- 3135
- 160
- 4144
- 50
- 504
- 100
- 10
- 850
- 88
- 611
- 3680
- 4032
- 40
- 10304
- 200
- 90
- 230
- 5
- 75
- 5
- 20
- 231
- 700
- 200
- 450
- 2322
- 30
- 111
- 12672
- 3132
- 20
- 188
- 40
- 3125
- 10
- 2530
- 320
- 216
- 99
- 90
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