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 5% of 940?
- 2.What is the amount (principal + simple interest) on ₹4000 at 2% per year for 3 years (in ₹)?
- 3.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
- 4.A shopkeeper buys a table for ₹2900 and sells it for ₹3130. What is the profit (in ₹)?
- 5.What is 95% of 80?
- 6.A shopkeeper buys a fan for ₹500 and sells it for ₹600. What is the profit (in ₹)?
- 7.A mobile phone costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 8.A cricket kit bought for ₹2800 is sold for ₹3220. What is the profit per cent?
- 9.What is 5% of 380?
- 10.A mobile phone costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹5900 at 11% per year for 2 years (in ₹)?
- 12.What is 60% of 460?
- 13.What is the simple interest on ₹3200 at 3% per year for 4 years (in ₹)?
- 14.What is 90% of 380?
- 15.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 1 year (in ₹)?
- 16.The price of a bus pass changed from ₹500 to ₹700. What is the percentage increase?
- 17.The price of a school bag changed from ₹40 to ₹76. What is the percentage increase?
- 18.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 1 year (in ₹)?
- 19.What is the simple interest on ₹7800 at 5% per year for 1 year (in ₹)?
- 20.What is 20% of 320?
- 21.What is 90% of 860?
- 22.What is the simple interest on ₹4600 at 8% per year for 3 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2000 at 9% per year for 2 years (in ₹)?
- 24.A sewing machine bought for ₹1000 is sold for ₹600. What is the loss per cent?
- 25.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 2 years (in ₹)?
- 26.A mobile phone costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 27.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹190. What is the loss (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹700 at 3% per year for 4 years (in ₹)?
- 29.What is the simple interest on ₹4600 at 12% per year for 2 years (in ₹)?
- 30.What is the simple interest on ₹7400 at 4% per year for 4 years (in ₹)?
- 31.A shopkeeper buys a watch for ₹1150 and sells it for ₹850. What is the loss (in ₹)?
- 32.A table bought for ₹2000 is sold for ₹2300. What is the profit per cent?
- 33.A sewing machine costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 34.The price of a box of mangoes changed from ₹200 to ₹150. What is the percentage decrease?
- 35.A fan costs ₹1900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹4200 at 6% per year for 2 years (in ₹)?
- 37.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
- 38.A watch costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹4200 at 2% per year for 1 year (in ₹)?
- 40.What is the simple interest on ₹3200 at 10% per year for 1 year (in ₹)?
Answer key
- 47
- 4240
- 60
- 230
- 76
- 100
- 2280
- 15
- 19
- 448
- 1298
- 276
- 384
- 342
- 1296
- 40
- 90
- 5992
- 390
- 64
- 774
- 1104
- 2360
- 40
- 12200
- 2610
- 10
- 784
- 1104
- 1184
- 300
- 15
- 2860
- 25
- 2660
- 504
- 2
- 4290
- 4284
- 320
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