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 ₹2600 at 8% per year for 5 years (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2500. What is the profit (in ₹)?
- 3.What is 55% of 700?
- 4.The price of a pair of shoes changed from ₹100 to ₹50. What is the percentage decrease?
- 5.What is 80% of 920?
- 6.What is the simple interest on ₹600 at 8% per year for 2 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹6400 at 6% per year for 1 year (in ₹)?
- 8.What is 25% of 200?
- 9.A cooler costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 10.What is the simple interest on ₹2300 at 9% per year for 3 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹7900 at 12% per year for 5 years (in ₹)?
- 12.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1200. What is the loss (in ₹)?
- 13.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2220. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 5 years (in ₹)?
- 15.A watch bought for ₹2200 is sold for ₹1540. What is the loss per cent?
- 16.The price of a school bag changed from ₹400 to ₹396. What is the percentage decrease?
- 17.A shopkeeper buys a cycle for ₹1000 and sells it for ₹750. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹6200 at 4% per year for 2 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹8300 at 6% per year for 4 years (in ₹)?
- 20.What is the simple interest on ₹1100 at 10% per year for 4 years (in ₹)?
- 21.A sewing machine bought for ₹2100 is sold for ₹2205. What is the profit per cent?
- 22.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 2 years (in ₹)?
- 23.What is 45% of 580?
- 24.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹410. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9900 at 10% per year for 5 years (in ₹)?
- 26.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1730. What is the loss (in ₹)?
- 27.A shopkeeper buys a watch for ₹2200 and sells it for ₹2170. What is the loss (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 2 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹8100 at 5% per year for 2 years (in ₹)?
- 30.What is 25% of 280?
- 31.The price of a pair of shoes changed from ₹400 to ₹404. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 1 year (in ₹)?
- 33.A watch bought for ₹2100 is sold for ₹2730. What is the profit per cent?
- 34.What is 45% of 480?
- 35.A shopkeeper buys a fan for ₹550 and sells it for ₹830. What is the profit (in ₹)?
- 36.What is 25% of 60?
- 37.A fan costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹4800 at 7% per year for 3 years (in ₹)?
- 39.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2630. What is the loss (in ₹)?
- 40.What is 80% of 160?
Answer key
- 1040
- 300
- 385
- 50
- 736
- 96
- 6784
- 50
- 3190
- 621
- 12640
- 50
- 180
- 6120
- 30
- 1
- 250
- 6696
- 10292
- 440
- 5
- 9632
- 261
- 140
- 14850
- 20
- 30
- 6912
- 8910
- 70
- 1
- 6552
- 30
- 216
- 280
- 15
- 1920
- 1008
- 20
- 128
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