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 ₹6300 at 7% per year for 3 years (in ₹)?
- 2.What is 70% of 80?
- 3.What is 80% of 860?
- 4.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
- 5.A fan bought for ₹3900 is sold for ₹5070. What is the profit per cent?
- 6.A mobile phone costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 7.A cricket kit bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 8.A fan bought for ₹200 is sold for ₹220. What is the profit per cent?
- 9.What is the amount (principal + simple interest) on ₹6700 at 11% per year for 4 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹8600 at 12% per year for 2 years (in ₹)?
- 11.What is 5% of 660?
- 12.A watch bought for ₹3600 is sold for ₹5040. What is the profit per cent?
- 13.What is the amount (principal + simple interest) on ₹2700 at 4% per year for 3 years (in ₹)?
- 14.A cycle costs ₹700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 15.What is 10% of 560?
- 16.What is the amount (principal + simple interest) on ₹4300 at 9% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a table for ₹900 and sells it for ₹990. What is the profit (in ₹)?
- 18.What is 20% of 1000?
- 19.The price of a box of mangoes changed from ₹100 to ₹99. What is the percentage decrease?
- 20.What is 20% of 980?
- 21.A mobile phone bought for ₹2900 is sold for ₹3480. What is the profit per cent?
- 22.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2310. What is the profit (in ₹)?
- 23.A shopkeeper buys a fan for ₹2200 and sells it for ₹2020. What is the loss (in ₹)?
- 24.What is the simple interest on ₹8100 at 3% per year for 5 years (in ₹)?
- 25.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
- 26.The price of a cricket ball changed from ₹250 to ₹100. What is the percentage decrease?
- 27.What is the amount (principal + simple interest) on ₹4500 at 12% per year for 1 year (in ₹)?
- 28.A cooler costs ₹1200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 29.A fan costs ₹3000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 30.A watch bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 31.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 5 years (in ₹)?
- 32.What is 35% of 500?
- 33.What is the amount (principal + simple interest) on ₹5900 at 7% per year for 3 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹9200 at 8% per year for 3 years (in ₹)?
- 35.A cricket kit bought for ₹2400 is sold for ₹1800. What is the loss per cent?
- 36.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹310. What is the loss (in ₹)?
- 37.The price of a box of mangoes changed from ₹20 to ₹14. What is the percentage decrease?
- 38.What is 90% of 220?
- 39.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 1 year (in ₹)?
- 40.The price of a bus pass changed from ₹100 to ₹98. What is the percentage decrease?
Answer key
- 1323
- 56
- 688
- 80
- 30
- 2340
- 5
- 10
- 9648
- 10664
- 33
- 40
- 3024
- 840
- 56
- 5074
- 90
- 200
- 1
- 196
- 20
- 60
- 180
- 1215
- 40
- 60
- 5040
- 1380
- 2100
- 10
- 7375
- 175
- 7139
- 11408
- 25
- 40
- 30
- 198
- 6864
- 2
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