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 ₹6000 at 9% per year for 4 years (in ₹)?
- 2.A cricket kit costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 3.What is 95% of 560?
- 4.What is 5% of 200?
- 5.What is the simple interest on ₹8200 at 3% per year for 4 years (in ₹)?
- 6.A cycle bought for ₹2100 is sold for ₹1680. What is the loss per cent?
- 7.A shopkeeper buys a table for ₹200 and sells it for ₹280. What is the profit (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹2600 at 7% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2470. What is the profit (in ₹)?
- 10.The price of a cricket ball changed from ₹250 to ₹475. What is the percentage increase?
- 11.What is 35% of 100?
- 12.What is the amount (principal + simple interest) on ₹8500 at 2% per year for 2 years (in ₹)?
- 13.What is the simple interest on ₹8000 at 7% per year for 4 years (in ₹)?
- 14.A table bought for ₹2000 is sold for ₹1900. What is the loss per cent?
- 15.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 5 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹9500 at 2% per year for 4 years (in ₹)?
- 17.A cricket kit costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 18.What is 60% of 340?
- 19.What is the simple interest on ₹10000 at 5% per year for 4 years (in ₹)?
- 20.What is the simple interest on ₹9300 at 7% per year for 2 years (in ₹)?
- 21.What is 55% of 560?
- 22.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1440. What is the loss (in ₹)?
- 23.A shopkeeper buys a fan for ₹1150 and sells it for ₹1240. What is the profit (in ₹)?
- 24.A table costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 25.The price of a school bag changed from ₹500 to ₹490. What is the percentage decrease?
- 26.A fan bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 27.A watch costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 28.The price of a school bag changed from ₹400 to ₹500. What is the percentage increase?
- 29.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹440. What is the profit (in ₹)?
- 30.A watch bought for ₹800 is sold for ₹1120. What is the profit per cent?
- 31.What is 30% of 840?
- 32.A shopkeeper buys a fan for ₹2950 and sells it for ₹3080. What is the profit (in ₹)?
- 33.What is 45% of 860?
- 34.A shopkeeper buys a cooler for ₹700 and sells it for ₹690. What is the loss (in ₹)?
- 35.What is 85% of 560?
- 36.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 1 year (in ₹)?
- 37.A fan costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹8900 at 3% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a fan for ₹2350 and sells it for ₹2580. What is the profit (in ₹)?
- 40.A cooler costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
Answer key
- 2160
- 1350
- 532
- 10
- 984
- 20
- 80
- 3146
- 20
- 90
- 35
- 8840
- 2240
- 5
- 1300
- 10260
- 805
- 204
- 2000
- 1302
- 308
- 210
- 90
- 630
- 2
- 25
- 4000
- 25
- 140
- 40
- 252
- 130
- 387
- 10
- 476
- 8961
- 2185
- 9968
- 230
- 450
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