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 ₹5100 at 5% per year for 1 year (in ₹)?
- 2.The price of a pair of shoes changed from ₹400 to ₹520. What is the percentage increase?
- 3.What is 30% of 820?
- 4.What is the simple interest on ₹2700 at 12% per year for 4 years (in ₹)?
- 5.A watch costs ₹1300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹7600 at 2% per year for 4 years (in ₹)?
- 7.A table bought for ₹600 is sold for ₹750. What is the profit per cent?
- 8.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹350. What is the profit (in ₹)?
- 9.What is the simple interest on ₹6200 at 9% per year for 1 year (in ₹)?
- 10.What is 85% of 380?
- 11.What is 70% of 540?
- 12.What is the amount (principal + simple interest) on ₹3400 at 2% per year for 4 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3900 at 7% per year for 4 years (in ₹)?
- 14.A sewing machine bought for ₹3900 is sold for ₹4095. What is the profit per cent?
- 15.The price of a bus pass changed from ₹500 to ₹200. What is the percentage decrease?
- 16.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1350. What is the loss (in ₹)?
- 17.What is 25% of 60?
- 18.A shopkeeper buys a fan for ₹400 and sells it for ₹590. What is the profit (in ₹)?
- 19.What is the simple interest on ₹4900 at 2% per year for 2 years (in ₹)?
- 20.What is the simple interest on ₹8000 at 6% per year for 2 years (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1110. What is the loss (in ₹)?
- 22.The price of a bus pass changed from ₹40 to ₹76. What is the percentage increase?
- 23.A shopkeeper buys a table for ₹650 and sells it for ₹950. What is the profit (in ₹)?
- 24.What is the simple interest on ₹1600 at 3% per year for 2 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 2 years (in ₹)?
- 26.What is the simple interest on ₹6700 at 10% per year for 3 years (in ₹)?
- 27.A fan costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 28.What is the simple interest on ₹4300 at 9% per year for 1 year (in ₹)?
- 29.What is the simple interest on ₹5400 at 6% per year for 5 years (in ₹)?
- 30.A shopkeeper buys a fan for ₹2000 and sells it for ₹1970. What is the loss (in ₹)?
- 31.A mobile phone bought for ₹600 is sold for ₹630. What is the profit per cent?
- 32.What is the amount (principal + simple interest) on ₹7800 at 2% per year for 1 year (in ₹)?
- 33.The price of a bus pass changed from ₹80 to ₹48. What is the percentage decrease?
- 34.A cooler bought for ₹1100 is sold for ₹1540. What is the profit per cent?
- 35.What is 90% of 480?
- 36.What is the amount (principal + simple interest) on ₹5400 at 2% per year for 5 years (in ₹)?
- 37.The price of a cricket ball changed from ₹250 to ₹400. What is the percentage increase?
- 38.What is the simple interest on ₹7800 at 5% per year for 1 year (in ₹)?
- 39.A sewing machine costs ₹3500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 40.What is 30% of 100?
Answer key
- 255
- 30
- 246
- 1296
- 1690
- 8208
- 25
- 150
- 558
- 323
- 378
- 3672
- 4992
- 5
- 60
- 100
- 15
- 190
- 196
- 960
- 290
- 90
- 300
- 96
- 3050
- 2010
- 570
- 387
- 1620
- 30
- 5
- 7956
- 40
- 40
- 432
- 5940
- 60
- 390
- 4375
- 30
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