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.A mobile phone costs ₹3600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 2.What is 10% of 840?
- 3.What is the simple interest on ₹8800 at 4% per year for 4 years (in ₹)?
- 4.What is the simple interest on ₹3400 at 4% per year for 1 year (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹4100 at 2% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹4800 at 11% per year for 5 years (in ₹)?
- 7.A cooler bought for ₹3200 is sold for ₹2720. What is the loss per cent?
- 8.What is the amount (principal + simple interest) on ₹7600 at 7% per year for 1 year (in ₹)?
- 9.A mobile phone costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 10.What is 95% of 920?
- 11.What is 70% of 260?
- 12.The price of a school bag changed from ₹200 to ₹320. What is the percentage increase?
- 13.A shopkeeper buys a cooler for ₹2600 and sells it for ₹2360. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 5 years (in ₹)?
- 15.The price of a bus pass changed from ₹500 to ₹250. What is the percentage decrease?
- 16.What is 25% of 240?
- 17.A shopkeeper buys a watch for ₹200 and sells it for ₹350. What is the profit (in ₹)?
- 18.A sewing machine bought for ₹2600 is sold for ₹3900. What is the profit per cent?
- 19.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹3130. What is the profit (in ₹)?
- 20.What is 95% of 860?
- 21.What is 15% of 340?
- 22.What is 60% of 300?
- 23.A watch bought for ₹3300 is sold for ₹3135. What is the loss per cent?
- 24.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 3 years (in ₹)?
- 25.What is the simple interest on ₹7700 at 5% per year for 5 years (in ₹)?
- 26.What is the simple interest on ₹4900 at 4% per year for 5 years (in ₹)?
- 27.A shopkeeper buys a watch for ₹800 and sells it for ₹530. What is the loss (in ₹)?
- 28.The price of a water bottle changed from ₹100 to ₹20. What is the percentage decrease?
- 29.What is the simple interest on ₹3300 at 5% per year for 3 years (in ₹)?
- 30.The price of a water bottle changed from ₹400 to ₹520. What is the percentage increase?
- 31.A cycle bought for ₹3400 is sold for ₹3910. What is the profit per cent?
- 32.A mobile phone bought for ₹1100 is sold for ₹1232. What is the profit per cent?
- 33.What is the amount (principal + simple interest) on ₹7400 at 5% per year for 5 years (in ₹)?
- 34.What is the simple interest on ₹3500 at 10% per year for 4 years (in ₹)?
- 35.A shopkeeper buys a cycle for ₹2900 and sells it for ₹3130. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3200 at 11% per year for 4 years (in ₹)?
- 37.What is the simple interest on ₹9200 at 2% per year for 2 years (in ₹)?
- 38.What is the simple interest on ₹9400 at 4% per year for 2 years (in ₹)?
- 39.A fan costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 5 years (in ₹)?
Answer key
- 3960
- 84
- 1408
- 136
- 4182
- 7440
- 15
- 8132
- 3120
- 874
- 182
- 60
- 240
- 4320
- 50
- 60
- 150
- 50
- 230
- 817
- 51
- 180
- 5
- 10005
- 1925
- 980
- 270
- 80
- 495
- 30
- 15
- 12
- 9250
- 1400
- 230
- 4608
- 368
- 752
- 210
- 10375
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