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 ₹3500 at 5% per year for 1 year (in ₹)?
- 2.What is the simple interest on ₹8600 at 6% per year for 3 years (in ₹)?
- 3.What is 10% of 600?
- 4.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1290. What is the loss (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 5 years (in ₹)?
- 6.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 7.What is the simple interest on ₹1900 at 8% per year for 3 years (in ₹)?
- 8.What is the simple interest on ₹600 at 11% per year for 4 years (in ₹)?
- 9.What is 55% of 140?
- 10.The price of a water bottle changed from ₹50 to ₹35. What is the percentage decrease?
- 11.What is the simple interest on ₹600 at 4% per year for 3 years (in ₹)?
- 12.A cooler costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 13.What is 80% of 860?
- 14.The price of a bus pass changed from ₹40 to ₹70. What is the percentage increase?
- 15.What is the amount (principal + simple interest) on ₹700 at 11% per year for 5 years (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹410. What is the loss (in ₹)?
- 17.A cricket kit bought for ₹1700 is sold for ₹1870. What is the profit per cent?
- 18.A sewing machine bought for ₹3900 is sold for ₹4290. What is the profit per cent?
- 19.What is 55% of 760?
- 20.A cycle bought for ₹2700 is sold for ₹2970. What is the profit per cent?
- 21.A watch bought for ₹200 is sold for ₹120. What is the loss per cent?
- 22.A shopkeeper buys a table for ₹400 and sells it for ₹480. What is the profit (in ₹)?
- 23.A shopkeeper buys a table for ₹200 and sells it for ₹180. What is the loss (in ₹)?
- 24.What is 60% of 780?
- 25.What is the amount (principal + simple interest) on ₹3800 at 2% per year for 1 year (in ₹)?
- 26.What is the simple interest on ₹9200 at 12% per year for 1 year (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹7700 at 4% per year for 1 year (in ₹)?
- 28.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 29.A mobile phone bought for ₹3100 is sold for ₹2790. What is the loss per cent?
- 30.What is 95% of 620?
- 31.What is the simple interest on ₹8700 at 12% per year for 1 year (in ₹)?
- 32.What is 60% of 800?
- 33.The price of a cricket ball changed from ₹400 to ₹380. What is the percentage decrease?
- 34.What is the simple interest on ₹2000 at 9% per year for 1 year (in ₹)?
- 35.A fan costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹8000 at 10% per year for 3 years (in ₹)?
- 37.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 38.A shopkeeper buys a cooler for ₹700 and sells it for ₹560. What is the loss (in ₹)?
- 39.What is the simple interest on ₹3400 at 6% per year for 5 years (in ₹)?
- 40.What is 55% of 200?
Answer key
- 175
- 1548
- 60
- 160
- 3125
- 40
- 456
- 264
- 77
- 30
- 72
- 3920
- 688
- 75
- 1085
- 240
- 10
- 10
- 418
- 10
- 40
- 80
- 20
- 468
- 3876
- 1104
- 8008
- 2100
- 10
- 589
- 1044
- 480
- 5
- 180
- 2090
- 10400
- 60
- 140
- 1020
- 110
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