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 40% of 420?
- 2.What is the amount (principal + simple interest) on ₹9300 at 6% per year for 5 years (in ₹)?
- 3.What is the simple interest on ₹500 at 3% per year for 2 years (in ₹)?
- 4.What is the simple interest on ₹2700 at 4% per year for 2 years (in ₹)?
- 5.What is the simple interest on ₹2100 at 6% per year for 3 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹8300 at 11% per year for 4 years (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2360. What is the loss (in ₹)?
- 8.The price of a pair of shoes changed from ₹80 to ₹84. What is the percentage increase?
- 9.What is the simple interest on ₹6100 at 12% per year for 2 years (in ₹)?
- 10.What is 60% of 800?
- 11.What is the simple interest on ₹9200 at 11% per year for 1 year (in ₹)?
- 12.A table costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 13.A table costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 14.A mobile phone costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 15.The price of a bus pass changed from ₹250 to ₹300. What is the percentage increase?
- 16.A shopkeeper buys a table for ₹1700 and sells it for ₹1400. What is the loss (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1060. What is the loss (in ₹)?
- 18.The price of a school bag changed from ₹20 to ₹24. What is the percentage increase?
- 19.The price of a water bottle changed from ₹500 to ₹400. What is the percentage decrease?
- 20.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1170. What is the loss (in ₹)?
- 21.A sewing machine costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹7400 at 5% per year for 4 years (in ₹)?
- 23.The price of a school bag changed from ₹50 to ₹20. What is the percentage decrease?
- 24.What is the simple interest on ₹2600 at 2% per year for 5 years (in ₹)?
- 25.What is the simple interest on ₹3800 at 11% per year for 1 year (in ₹)?
- 26.A cooler bought for ₹1300 is sold for ₹1950. What is the profit per cent?
- 27.A fan costs ₹3900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹7500 at 5% per year for 5 years (in ₹)?
- 29.A fan bought for ₹2600 is sold for ₹2288. What is the loss per cent?
- 30.A shopkeeper buys a table for ₹2850 and sells it for ₹2840. What is the loss (in ₹)?
- 31.A shopkeeper buys a cycle for ₹250 and sells it for ₹440. What is the profit (in ₹)?
- 32.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
- 33.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹490. What is the profit (in ₹)?
- 34.What is the simple interest on ₹7200 at 5% per year for 1 year (in ₹)?
- 35.A shopkeeper buys a table for ₹1000 and sells it for ₹810. What is the loss (in ₹)?
- 36.A sewing machine costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 37.A fan costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 38.A shopkeeper buys a watch for ₹2300 and sells it for ₹2550. What is the profit (in ₹)?
- 39.What is the simple interest on ₹700 at 2% per year for 3 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹9100 at 11% per year for 1 year (in ₹)?
Answer key
- 168
- 12090
- 30
- 216
- 378
- 11952
- 290
- 5
- 1464
- 480
- 1012
- 240
- 1500
- 935
- 20
- 300
- 140
- 20
- 20
- 80
- 3410
- 8880
- 60
- 260
- 418
- 50
- 3510
- 9375
- 12
- 10
- 190
- 40
- 40
- 360
- 190
- 3900
- 4290
- 250
- 42
- 10101
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