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 amount (principal + simple interest) on ₹8400 at 7% per year for 5 years (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹3020. What is the profit (in ₹)?
- 3.A watch costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 4.The price of a cricket ball changed from ₹250 to ₹450. What is the percentage increase?
- 5.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 5 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 5 years (in ₹)?
- 7.The price of a water bottle changed from ₹20 to ₹25. What is the percentage increase?
- 8.What is 40% of 480?
- 9.What is the simple interest on ₹7000 at 2% per year for 4 years (in ₹)?
- 10.A cycle bought for ₹900 is sold for ₹1170. What is the profit per cent?
- 11.The price of a water bottle changed from ₹250 to ₹100. What is the percentage decrease?
- 12.A cycle costs ₹2600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 13.A watch bought for ₹1700 is sold for ₹1020. What is the loss per cent?
- 14.The price of a cricket ball changed from ₹50 to ₹25. What is the percentage decrease?
- 15.A shopkeeper buys a fan for ₹1100 and sells it for ₹940. What is the loss (in ₹)?
- 16.What is 55% of 420?
- 17.A shopkeeper buys a fan for ₹2500 and sells it for ₹2640. What is the profit (in ₹)?
- 18.A cycle bought for ₹1500 is sold for ₹1950. What is the profit per cent?
- 19.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1210. What is the loss (in ₹)?
- 20.A cycle bought for ₹2700 is sold for ₹2295. What is the loss per cent?
- 21.What is the amount (principal + simple interest) on ₹7500 at 5% per year for 5 years (in ₹)?
- 22.The price of a water bottle changed from ₹80 to ₹20. What is the percentage decrease?
- 23.A cricket kit bought for ₹3600 is sold for ₹3240. What is the loss per cent?
- 24.A shopkeeper buys a cooler for ₹350 and sells it for ₹330. What is the loss (in ₹)?
- 25.What is 5% of 280?
- 26.What is 70% of 580?
- 27.The price of a bus pass changed from ₹500 to ₹800. What is the percentage increase?
- 28.A shopkeeper buys a table for ₹2300 and sells it for ₹2030. What is the loss (in ₹)?
- 29.What is 90% of 780?
- 30.A sewing machine costs ₹2100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 31.The price of a bus pass changed from ₹100 to ₹20. What is the percentage decrease?
- 32.What is the simple interest on ₹3900 at 12% per year for 1 year (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 4 years (in ₹)?
- 34.A cooler costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 35.A mobile phone costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 36.A fan costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹2700 at 7% per year for 2 years (in ₹)?
- 38.What is 10% of 40?
- 39.A fan bought for ₹600 is sold for ₹300. What is the loss per cent?
- 40.What is 80% of 820?
Answer key
- 11340
- 220
- 570
- 80
- 7410
- 7150
- 25
- 192
- 560
- 30
- 60
- 2990
- 40
- 50
- 160
- 231
- 140
- 30
- 140
- 15
- 9375
- 75
- 10
- 20
- 14
- 406
- 60
- 270
- 702
- 1260
- 80
- 468
- 7656
- 600
- 1700
- 2730
- 378
- 4
- 50
- 656
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