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 ₹500 at 11% per year for 3 years (in ₹)?
- 2.What is 85% of 100?
- 3.A cooler costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 4.A shopkeeper buys a watch for ₹1000 and sells it for ₹830. What is the loss (in ₹)?
- 5.What is the simple interest on ₹4700 at 8% per year for 3 years (in ₹)?
- 6.What is the simple interest on ₹6600 at 7% per year for 1 year (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹600 at 3% per year for 2 years (in ₹)?
- 8.What is the simple interest on ₹9100 at 9% per year for 2 years (in ₹)?
- 9.A watch costs ₹2300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2850. What is the profit (in ₹)?
- 11.The price of a school bag changed from ₹80 to ₹88. What is the percentage increase?
- 12.A watch bought for ₹3800 is sold for ₹3344. What is the loss per cent?
- 13.The price of a box of mangoes changed from ₹40 to ₹76. What is the percentage increase?
- 14.What is 25% of 660?
- 15.A fan costs ₹2300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 16.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹1030. What is the profit (in ₹)?
- 17.A cricket kit costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 18.A cooler bought for ₹800 is sold for ₹720. What is the loss per cent?
- 19.What is 60% of 60?
- 20.What is the simple interest on ₹1300 at 5% per year for 4 years (in ₹)?
- 21.A shopkeeper buys a watch for ₹1900 and sells it for ₹1670. What is the loss (in ₹)?
- 22.What is 25% of 640?
- 23.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 1 year (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹9200 at 2% per year for 1 year (in ₹)?
- 25.What is the simple interest on ₹9700 at 10% per year for 3 years (in ₹)?
- 26.A cooler costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 27.What is 5% of 260?
- 28.A mobile phone costs ₹3200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 29.A table bought for ₹2100 is sold for ₹1785. What is the loss per cent?
- 30.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
- 31.A watch bought for ₹2500 is sold for ₹2375. What is the loss per cent?
- 32.A shopkeeper buys a table for ₹500 and sells it for ₹560. What is the profit (in ₹)?
- 33.A cycle bought for ₹1400 is sold for ₹700. What is the loss per cent?
- 34.What is 70% of 140?
- 35.A cycle bought for ₹900 is sold for ₹990. What is the profit per cent?
- 36.What is 95% of 280?
- 37.A sewing machine bought for ₹3100 is sold for ₹2945. What is the loss per cent?
- 38.A shopkeeper buys a watch for ₹2550 and sells it for ₹2650. What is the profit (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 5 years (in ₹)?
- 40.The price of a school bag changed from ₹250 to ₹375. What is the percentage increase?
Answer key
- 165
- 85
- 900
- 170
- 1128
- 462
- 636
- 1638
- 2415
- 300
- 10
- 12
- 90
- 165
- 2530
- 130
- 3120
- 10
- 36
- 260
- 230
- 160
- 6695
- 9384
- 2910
- 690
- 13
- 2720
- 15
- 35
- 5
- 60
- 50
- 98
- 10
- 266
- 5
- 100
- 3750
- 50
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