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 ₹1500 at 12% per year for 3 years (in ₹)?
- 2.The price of a box of mangoes changed from ₹80 to ₹152. What is the percentage increase?
- 3.What is 65% of 500?
- 4.A fan bought for ₹500 is sold for ₹250. What is the loss per cent?
- 5.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 6.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1750. What is the profit (in ₹)?
- 7.A fan costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 8.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
- 9.A mobile phone costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 10.What is the simple interest on ₹7400 at 12% per year for 5 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹4500 at 12% per year for 1 year (in ₹)?
- 12.A sewing machine costs ₹1900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 13.What is 45% of 900?
- 14.What is the simple interest on ₹2100 at 11% per year for 2 years (in ₹)?
- 15.The price of a bus pass changed from ₹400 to ₹404. What is the percentage increase?
- 16.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1070. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹2800 at 11% per year for 1 year (in ₹)?
- 18.What is the simple interest on ₹5000 at 12% per year for 3 years (in ₹)?
- 19.A cricket kit bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 20.What is the simple interest on ₹3700 at 5% per year for 2 years (in ₹)?
- 21.What is 70% of 960?
- 22.What is 95% of 380?
- 23.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
- 24.A shopkeeper buys a cooler for ₹2150 and sells it for ₹2110. What is the loss (in ₹)?
- 25.A shopkeeper buys a fan for ₹2950 and sells it for ₹3090. What is the profit (in ₹)?
- 26.What is 5% of 280?
- 27.What is the simple interest on ₹4300 at 3% per year for 1 year (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 3 years (in ₹)?
- 29.A table bought for ₹3400 is sold for ₹4760. What is the profit per cent?
- 30.What is the simple interest on ₹700 at 8% per year for 3 years (in ₹)?
- 31.A watch costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 32.A table bought for ₹2200 is sold for ₹2860. What is the profit per cent?
- 33.A sewing machine costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 34.The price of a pair of shoes changed from ₹20 to ₹19. What is the percentage decrease?
- 35.A cooler bought for ₹800 is sold for ₹960. What is the profit per cent?
- 36.What is 45% of 60?
- 37.A sewing machine costs ₹800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 38.A cooler costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 3 years (in ₹)?
- 40.A shopkeeper buys a fan for ₹2350 and sells it for ₹2260. What is the loss (in ₹)?
Answer key
- 2040
- 90
- 325
- 50
- 40
- 300
- 3325
- 50
- 935
- 4440
- 5040
- 2470
- 405
- 462
- 1
- 280
- 3108
- 1800
- 20
- 370
- 672
- 361
- 40
- 40
- 140
- 14
- 129
- 1300
- 40
- 168
- 3500
- 30
- 1792
- 5
- 20
- 27
- 400
- 840
- 2014
- 90
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