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 20% of 740?
- 2.What is 40% of 620?
- 3.What is the amount (principal + simple interest) on ₹5900 at 2% per year for 2 years (in ₹)?
- 4.What is the simple interest on ₹7300 at 8% per year for 1 year (in ₹)?
- 5.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1580. What is the loss (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹4100 at 2% per year for 1 year (in ₹)?
- 7.What is 40% of 80?
- 8.What is 55% of 140?
- 9.The price of a box of mangoes changed from ₹40 to ₹28. What is the percentage decrease?
- 10.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹420. What is the loss (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 5 years (in ₹)?
- 12.The price of a bus pass changed from ₹250 to ₹225. What is the percentage decrease?
- 13.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹2500 at 12% per year for 5 years (in ₹)?
- 15.A shopkeeper buys a watch for ₹500 and sells it for ₹350. What is the loss (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹8200 at 8% per year for 5 years (in ₹)?
- 17.A watch bought for ₹600 is sold for ₹672. What is the profit per cent?
- 18.What is the simple interest on ₹1700 at 7% per year for 1 year (in ₹)?
- 19.What is 70% of 680?
- 20.The price of a water bottle changed from ₹40 to ₹44. What is the percentage increase?
- 21.What is the simple interest on ₹8300 at 9% per year for 5 years (in ₹)?
- 22.What is 25% of 900?
- 23.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
- 24.What is the simple interest on ₹2600 at 10% per year for 3 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹4600 at 10% per year for 4 years (in ₹)?
- 26.What is 15% of 120?
- 27.A mobile phone costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 28.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2590. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹4900 at 3% per year for 2 years (in ₹)?
- 30.A shopkeeper buys a watch for ₹1550 and sells it for ₹1530. What is the loss (in ₹)?
- 31.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1860. What is the loss (in ₹)?
- 32.What is 5% of 340?
- 33.A watch costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 34.The price of a cricket ball changed from ₹200 to ₹380. What is the percentage increase?
- 35.What is 55% of 560?
- 36.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2370. What is the loss (in ₹)?
- 37.What is the simple interest on ₹500 at 6% per year for 3 years (in ₹)?
- 38.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2520. What is the loss (in ₹)?
- 39.A cricket kit costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 2 years (in ₹)?
Answer key
- 148
- 248
- 6136
- 584
- 20
- 4182
- 32
- 77
- 30
- 280
- 12480
- 10
- 20
- 4000
- 150
- 11480
- 12
- 119
- 476
- 10
- 3735
- 225
- 80
- 780
- 6440
- 18
- 3024
- 10
- 5194
- 20
- 140
- 17
- 1496
- 90
- 308
- 230
- 90
- 180
- 6000
- 4032
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