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 simple interest on ₹7200 at 10% per year for 3 years (in ₹)?
- 2.What is 90% of 620?
- 3.A shopkeeper buys a table for ₹1600 and sells it for ₹1860. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1800 at 7% per year for 1 year (in ₹)?
- 5.A watch costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 6.A cooler bought for ₹600 is sold for ₹660. What is the profit per cent?
- 7.What is 25% of 700?
- 8.The price of a water bottle changed from ₹100 to ₹50. What is the percentage decrease?
- 9.The price of a water bottle changed from ₹400 to ₹420. What is the percentage increase?
- 10.What is 95% of 60?
- 11.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 1 year (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹2300 at 12% per year for 5 years (in ₹)?
- 13.A fan costs ₹2300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 14.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
- 15.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
- 16.What is the simple interest on ₹2100 at 11% per year for 2 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹1900 at 12% per year for 4 years (in ₹)?
- 18.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
- 19.What is the amount (principal + simple interest) on ₹6800 at 7% per year for 5 years (in ₹)?
- 20.What is 75% of 880?
- 21.What is the simple interest on ₹800 at 5% per year for 3 years (in ₹)?
- 22.A table bought for ₹3100 is sold for ₹2480. What is the loss per cent?
- 23.The price of a school bag changed from ₹200 to ₹50. What is the percentage decrease?
- 24.A shopkeeper buys a fan for ₹850 and sells it for ₹1030. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2100 at 2% per year for 3 years (in ₹)?
- 26.What is 95% of 920?
- 27.What is 80% of 40?
- 28.What is 10% of 280?
- 29.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2070. What is the loss (in ₹)?
- 30.What is 55% of 460?
- 31.What is 85% of 820?
- 32.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1400. What is the profit (in ₹)?
- 33.A shopkeeper buys a watch for ₹2900 and sells it for ₹2940. What is the profit (in ₹)?
- 34.What is 75% of 100?
- 35.The price of a pair of shoes changed from ₹20 to ₹38. What is the percentage increase?
- 36.What is the simple interest on ₹8500 at 12% per year for 3 years (in ₹)?
- 37.The price of a bus pass changed from ₹100 to ₹99. What is the percentage decrease?
- 38.What is 45% of 160?
- 39.The price of a school bag changed from ₹500 to ₹300. What is the percentage decrease?
- 40.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 2 years (in ₹)?
Answer key
- 2160
- 558
- 260
- 1926
- 1584
- 10
- 175
- 50
- 5
- 57
- 5600
- 3680
- 1610
- 40
- 60
- 462
- 2812
- 5
- 9180
- 660
- 120
- 20
- 75
- 180
- 2226
- 874
- 32
- 28
- 230
- 253
- 697
- 300
- 40
- 75
- 90
- 3060
- 1
- 72
- 40
- 3240
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