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 fan bought for ₹2900 is sold for ₹4350. What is the profit per cent?
- 2.What is the amount (principal + simple interest) on ₹2800 at 7% per year for 2 years (in ₹)?
- 3.What is 35% of 900?
- 4.A shopkeeper buys a table for ₹1900 and sells it for ₹1680. What is the loss (in ₹)?
- 5.The price of a water bottle changed from ₹250 to ₹275. What is the percentage increase?
- 6.What is the amount (principal + simple interest) on ₹600 at 8% per year for 4 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹3500 at 11% per year for 3 years (in ₹)?
- 8.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
- 9.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1280. What is the profit (in ₹)?
- 10.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹2050. What is the profit (in ₹)?
- 11.What is 15% of 140?
- 12.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹360. What is the profit (in ₹)?
- 13.What is 15% of 480?
- 14.What is the simple interest on ₹7700 at 9% per year for 3 years (in ₹)?
- 15.What is the simple interest on ₹7000 at 9% per year for 1 year (in ₹)?
- 16.A fan costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹9900 at 12% per year for 1 year (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹8000 at 7% per year for 5 years (in ₹)?
- 19.A cooler bought for ₹700 is sold for ₹910. What is the profit per cent?
- 20.A shopkeeper buys a cooler for ₹1850 and sells it for ₹1970. What is the profit (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹5900 at 12% per year for 5 years (in ₹)?
- 22.A mobile phone costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹7400 at 3% per year for 4 years (in ₹)?
- 24.What is the simple interest on ₹4700 at 9% per year for 3 years (in ₹)?
- 25.What is the simple interest on ₹9900 at 7% per year for 3 years (in ₹)?
- 26.What is 80% of 500?
- 27.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹9200 at 2% per year for 3 years (in ₹)?
- 29.What is 95% of 80?
- 30.A shopkeeper buys a cycle for ₹300 and sells it for ₹560. What is the profit (in ₹)?
- 31.The price of a school bag changed from ₹40 to ₹64. What is the percentage increase?
- 32.A fan costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 33.What is 60% of 540?
- 34.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1140. What is the profit (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹1600 at 10% per year for 5 years (in ₹)?
- 36.What is the simple interest on ₹8200 at 2% per year for 5 years (in ₹)?
- 37.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 38.What is the simple interest on ₹8700 at 12% per year for 5 years (in ₹)?
- 39.A watch bought for ₹200 is sold for ₹240. What is the profit per cent?
- 40.A shopkeeper buys a table for ₹1750 and sells it for ₹1920. What is the profit (in ₹)?
Answer key
- 50
- 3192
- 315
- 220
- 10
- 792
- 4655
- 25
- 180
- 200
- 21
- 10
- 72
- 2079
- 630
- 896
- 11088
- 10800
- 30
- 120
- 9440
- 1350
- 888
- 1269
- 2079
- 400
- 2320
- 9752
- 76
- 260
- 60
- 1440
- 324
- 40
- 2400
- 820
- 40
- 5220
- 20
- 170
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