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.A shopkeeper buys a table for ₹400 and sells it for ₹360. What is the loss (in ₹)?
- 2.What is 75% of 120?
- 3.What is the amount (principal + simple interest) on ₹9800 at 5% per year for 5 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹5800 at 2% per year for 3 years (in ₹)?
- 5.What is the simple interest on ₹4700 at 3% per year for 5 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹8000 at 6% per year for 1 year (in ₹)?
- 7.What is the simple interest on ₹1400 at 11% per year for 5 years (in ₹)?
- 8.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
- 9.A shopkeeper buys a fan for ₹850 and sells it for ₹950. What is the profit (in ₹)?
- 10.What is 40% of 860?
- 11.What is the amount (principal + simple interest) on ₹1400 at 11% per year for 2 years (in ₹)?
- 12.A sewing machine costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹4900 at 8% per year for 2 years (in ₹)?
- 14.A fan costs ₹1000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 15.A watch bought for ₹600 is sold for ₹630. What is the profit per cent?
- 16.What is 55% of 200?
- 17.What is the simple interest on ₹2000 at 6% per year for 3 years (in ₹)?
- 18.What is 65% of 980?
- 19.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
- 20.What is the amount (principal + simple interest) on ₹2800 at 8% per year for 2 years (in ₹)?
- 21.What is 20% of 480?
- 22.What is the amount (principal + simple interest) on ₹600 at 6% per year for 3 years (in ₹)?
- 23.What is 35% of 900?
- 24.A cooler costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 25.What is 65% of 380?
- 26.What is the simple interest on ₹8100 at 12% per year for 4 years (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹2940. What is the profit (in ₹)?
- 28.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 29.A cricket kit costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 30.A cycle bought for ₹700 is sold for ₹770. What is the profit per cent?
- 31.What is 55% of 560?
- 32.What is the amount (principal + simple interest) on ₹5800 at 3% per year for 2 years (in ₹)?
- 33.What is 20% of 60?
- 34.A shopkeeper buys a table for ₹1950 and sells it for ₹1680. What is the loss (in ₹)?
- 35.The price of a bus pass changed from ₹80 to ₹60. What is the percentage decrease?
- 36.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 2 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹7700 at 5% per year for 2 years (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹640. What is the loss (in ₹)?
- 39.A shopkeeper buys a table for ₹2150 and sells it for ₹2120. What is the loss (in ₹)?
- 40.What is the simple interest on ₹5100 at 6% per year for 2 years (in ₹)?
Answer key
- 40
- 90
- 12250
- 6148
- 705
- 8480
- 770
- 75
- 100
- 344
- 1708
- 3000
- 5684
- 1250
- 5
- 110
- 360
- 637
- 20
- 3248
- 96
- 708
- 315
- 2800
- 247
- 3888
- 40
- 20
- 140
- 10
- 308
- 6148
- 12
- 270
- 25
- 7370
- 8470
- 110
- 30
- 612
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