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 ₹8200 at 3% per year for 5 years (in ₹)?
- 2.What is 45% of 320?
- 3.A watch bought for ₹2700 is sold for ₹3375. What is the profit per cent?
- 4.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹3150. What is the profit (in ₹)?
- 5.A sewing machine costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a watch for ₹2500 and sells it for ₹2720. What is the profit (in ₹)?
- 7.What is 5% of 100?
- 8.A shopkeeper buys a fan for ₹1600 and sells it for ₹1310. What is the loss (in ₹)?
- 9.A mobile phone costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 10.What is 85% of 240?
- 11.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 5 years (in ₹)?
- 12.What is 5% of 180?
- 13.What is the simple interest on ₹6000 at 10% per year for 1 year (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 2 years (in ₹)?
- 15.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
- 16.The price of a bus pass changed from ₹100 to ₹101. What is the percentage increase?
- 17.What is 40% of 420?
- 18.A table bought for ₹4000 is sold for ₹3400. What is the loss per cent?
- 19.The price of a box of mangoes changed from ₹500 to ₹375. What is the percentage decrease?
- 20.The price of a bus pass changed from ₹20 to ₹8. What is the percentage decrease?
- 21.What is 30% of 380?
- 22.The price of a pair of shoes changed from ₹80 to ₹128. What is the percentage increase?
- 23.A shopkeeper buys a table for ₹1600 and sells it for ₹1530. What is the loss (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹500 at 5% per year for 4 years (in ₹)?
- 25.What is the simple interest on ₹8500 at 12% per year for 1 year (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹3500 at 6% per year for 3 years (in ₹)?
- 27.What is the simple interest on ₹900 at 6% per year for 1 year (in ₹)?
- 28.A cooler costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 29.A fan bought for ₹2700 is sold for ₹1350. What is the loss per cent?
- 30.A watch costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 31.A cricket kit bought for ₹3800 is sold for ₹4750. What is the profit per cent?
- 32.A cricket kit bought for ₹3700 is sold for ₹2960. What is the loss per cent?
- 33.A shopkeeper buys a watch for ₹1250 and sells it for ₹960. What is the loss (in ₹)?
- 34.A table costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 35.What is 10% of 400?
- 36.What is 5% of 380?
- 37.A cycle bought for ₹1700 is sold for ₹2380. What is the profit per cent?
- 38.A table bought for ₹2200 is sold for ₹1650. What is the loss per cent?
- 39.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 4 years (in ₹)?
- 40.A shopkeeper buys a table for ₹3000 and sells it for ₹3040. What is the profit (in ₹)?
Answer key
- 9430
- 144
- 25
- 300
- 3145
- 220
- 5
- 290
- 2520
- 204
- 7810
- 9
- 600
- 7440
- 60
- 1
- 168
- 15
- 25
- 60
- 114
- 60
- 70
- 600
- 1020
- 4130
- 54
- 2816
- 50
- 2816
- 25
- 20
- 290
- 550
- 40
- 19
- 40
- 25
- 3200
- 40
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