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 ₹6700 at 2% per year for 2 years (in ₹)?
- 2.A fan costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 3.The price of a pair of shoes changed from ₹200 to ₹220. What is the percentage increase?
- 4.The price of a box of mangoes changed from ₹200 to ₹204. What is the percentage increase?
- 5.What is the amount (principal + simple interest) on ₹6600 at 11% per year for 1 year (in ₹)?
- 6.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1270. What is the loss (in ₹)?
- 7.A fan bought for ₹3100 is sold for ₹2790. What is the loss per cent?
- 8.What is 10% of 860?
- 9.What is 10% of 80?
- 10.What is the simple interest on ₹4900 at 9% per year for 2 years (in ₹)?
- 11.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2690. What is the loss (in ₹)?
- 12.What is 65% of 720?
- 13.What is the simple interest on ₹1000 at 11% per year for 3 years (in ₹)?
- 14.What is the simple interest on ₹2600 at 6% per year for 2 years (in ₹)?
- 15.A table costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 16.A shopkeeper buys a cycle for ₹350 and sells it for ₹300. What is the loss (in ₹)?
- 17.What is 10% of 640?
- 18.A cycle bought for ₹1400 is sold for ₹2100. What is the profit per cent?
- 19.A fan costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 20.A fan bought for ₹400 is sold for ₹448. What is the profit per cent?
- 21.What is 15% of 880?
- 22.What is the amount (principal + simple interest) on ₹9500 at 8% per year for 3 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹4100 at 9% per year for 3 years (in ₹)?
- 24.What is the simple interest on ₹3700 at 6% per year for 2 years (in ₹)?
- 25.What is the simple interest on ₹2700 at 2% per year for 5 years (in ₹)?
- 26.The price of a bus pass changed from ₹250 to ₹25. What is the percentage decrease?
- 27.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2460. What is the loss (in ₹)?
- 28.A cooler costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 29.A shopkeeper buys a fan for ₹1000 and sells it for ₹910. What is the loss (in ₹)?
- 30.What is 55% of 640?
- 31.What is the amount (principal + simple interest) on ₹1300 at 4% per year for 3 years (in ₹)?
- 32.The price of a cricket ball changed from ₹40 to ₹50. What is the percentage increase?
- 33.A sewing machine bought for ₹400 is sold for ₹560. What is the profit per cent?
- 34.A mobile phone costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 35.What is 30% of 380?
- 36.What is 95% of 940?
- 37.What is the simple interest on ₹2900 at 3% per year for 1 year (in ₹)?
- 38.What is 65% of 440?
- 39.A mobile phone costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 40.A cycle bought for ₹1300 is sold for ₹1560. What is the profit per cent?
Answer key
- 6968
- 448
- 10
- 2
- 7326
- 80
- 10
- 86
- 8
- 882
- 260
- 468
- 330
- 312
- 2112
- 50
- 64
- 50
- 840
- 12
- 132
- 11780
- 5207
- 444
- 270
- 90
- 290
- 1980
- 90
- 352
- 1456
- 25
- 40
- 450
- 114
- 893
- 87
- 286
- 960
- 20
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