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 ₹1700 at 7% per year for 5 years (in ₹)?
- 2.What is 25% of 260?
- 3.What is the amount (principal + simple interest) on ₹2000 at 7% per year for 3 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1300 at 8% per year for 1 year (in ₹)?
- 5.What is 60% of 180?
- 6.What is 90% of 60?
- 7.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 1 year (in ₹)?
- 8.A cycle costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 9.What is 55% of 360?
- 10.What is 10% of 160?
- 11.What is the simple interest on ₹7600 at 3% per year for 2 years (in ₹)?
- 12.The price of a water bottle changed from ₹20 to ₹30. What is the percentage increase?
- 13.A watch costs ₹1200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 14.A watch costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 15.The price of a pair of shoes changed from ₹400 to ₹240. What is the percentage decrease?
- 16.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
- 17.A shopkeeper buys a fan for ₹2600 and sells it for ₹2740. What is the profit (in ₹)?
- 18.A cooler costs ₹1100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 19.A shopkeeper buys a fan for ₹1250 and sells it for ₹1280. What is the profit (in ₹)?
- 20.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
- 21.The price of a box of mangoes changed from ₹50 to ₹5. What is the percentage decrease?
- 22.A mobile phone bought for ₹2000 is sold for ₹1000. What is the loss per cent?
- 23.What is 30% of 480?
- 24.What is the amount (principal + simple interest) on ₹500 at 7% per year for 4 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹6700 at 11% per year for 4 years (in ₹)?
- 26.A fan costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 27.What is 85% of 580?
- 28.A sewing machine costs ₹3700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 29.A table costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 30.What is the simple interest on ₹5400 at 9% per year for 5 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹7600 at 4% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2500. What is the loss (in ₹)?
- 33.A cricket kit bought for ₹1100 is sold for ₹1265. What is the profit per cent?
- 34.The price of a cricket ball changed from ₹20 to ₹26. What is the percentage increase?
- 35.A cycle costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹9400 at 6% per year for 2 years (in ₹)?
- 37.What is the simple interest on ₹5700 at 7% per year for 3 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹2300 at 12% per year for 4 years (in ₹)?
- 39.What is 20% of 480?
- 40.What is 10% of 820?
Answer key
- 2295
- 65
- 2420
- 1404
- 108
- 54
- 7828
- 2640
- 198
- 16
- 456
- 50
- 960
- 1350
- 40
- 90
- 140
- 825
- 30
- 40
- 90
- 50
- 144
- 640
- 9648
- 3168
- 493
- 4440
- 1955
- 2430
- 9120
- 200
- 15
- 30
- 2310
- 10528
- 1197
- 3404
- 96
- 82
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