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 ₹1900 at 9% per year for 4 years (in ₹)?
- 2.What is the simple interest on ₹7900 at 4% per year for 4 years (in ₹)?
- 3.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1440. What is the profit (in ₹)?
- 4.What is 65% of 240?
- 5.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹7400 at 3% per year for 2 years (in ₹)?
- 7.A shopkeeper buys a watch for ₹3000 and sells it for ₹2930. What is the loss (in ₹)?
- 8.The price of a water bottle changed from ₹250 to ₹450. What is the percentage increase?
- 9.A fan costs ₹2600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 10.A table costs ₹200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.The price of a pair of shoes changed from ₹100 to ₹25. What is the percentage decrease?
- 12.What is the simple interest on ₹2600 at 11% per year for 2 years (in ₹)?
- 13.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹810. What is the profit (in ₹)?
- 14.A fan bought for ₹1900 is sold for ₹2280. What is the profit per cent?
- 15.What is the simple interest on ₹2000 at 11% per year for 1 year (in ₹)?
- 16.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 17.What is 95% of 700?
- 18.What is the amount (principal + simple interest) on ₹9900 at 3% per year for 1 year (in ₹)?
- 19.A watch bought for ₹2500 is sold for ₹3750. What is the profit per cent?
- 20.What is the simple interest on ₹3900 at 10% per year for 2 years (in ₹)?
- 21.A table costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2410. What is the loss (in ₹)?
- 23.What is 5% of 800?
- 24.What is the amount (principal + simple interest) on ₹4900 at 5% per year for 4 years (in ₹)?
- 25.What is the simple interest on ₹3200 at 3% per year for 3 years (in ₹)?
- 26.A cricket kit bought for ₹2000 is sold for ₹1760. What is the loss per cent?
- 27.What is the simple interest on ₹4200 at 4% per year for 5 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 2 years (in ₹)?
- 29.What is 95% of 1000?
- 30.A shopkeeper buys a cycle for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
- 31.What is 90% of 960?
- 32.A cricket kit bought for ₹2300 is sold for ₹2760. What is the profit per cent?
- 33.What is the simple interest on ₹4200 at 12% per year for 3 years (in ₹)?
- 34.A fan costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 35.A table bought for ₹3800 is sold for ₹4940. What is the profit per cent?
- 36.The price of a bus pass changed from ₹500 to ₹100. What is the percentage decrease?
- 37.A cooler bought for ₹3300 is sold for ₹4950. What is the profit per cent?
- 38.The price of a cricket ball changed from ₹400 to ₹80. What is the percentage decrease?
- 39.What is 30% of 700?
- 40.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1130. What is the profit (in ₹)?
Answer key
- 2584
- 1264
- 40
- 156
- 240
- 7844
- 70
- 80
- 2912
- 224
- 75
- 572
- 10
- 20
- 220
- 80
- 665
- 10197
- 50
- 780
- 3145
- 140
- 40
- 5880
- 288
- 12
- 840
- 1710
- 950
- 250
- 864
- 20
- 1512
- 1250
- 30
- 80
- 50
- 80
- 210
- 130
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