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 ₹2700 at 6% per year for 1 year (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 4 years (in ₹)?
- 3.A fan bought for ₹600 is sold for ₹900. What is the profit per cent?
- 4.What is 80% of 40?
- 5.The price of a water bottle changed from ₹25 to ₹40. What is the percentage increase?
- 6.What is 10% of 120?
- 7.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 2 years (in ₹)?
- 8.The price of a cricket ball changed from ₹200 to ₹160. What is the percentage decrease?
- 9.What is the simple interest on ₹10000 at 10% per year for 5 years (in ₹)?
- 10.A shopkeeper buys a fan for ₹2250 and sells it for ₹2180. What is the loss (in ₹)?
- 11.What is the simple interest on ₹4500 at 6% per year for 1 year (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 4 years (in ₹)?
- 13.The price of a school bag changed from ₹20 to ₹5. What is the percentage decrease?
- 14.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹570. What is the profit (in ₹)?
- 15.What is 90% of 900?
- 16.The price of a pair of shoes changed from ₹80 to ₹8. What is the percentage decrease?
- 17.What is the amount (principal + simple interest) on ₹9500 at 5% per year for 1 year (in ₹)?
- 18.What is 20% of 340?
- 19.The price of a water bottle changed from ₹250 to ₹325. What is the percentage increase?
- 20.What is the simple interest on ₹4300 at 3% per year for 2 years (in ₹)?
- 21.The price of a pair of shoes changed from ₹40 to ₹24. What is the percentage decrease?
- 22.A cricket kit bought for ₹800 is sold for ₹480. What is the loss per cent?
- 23.What is the simple interest on ₹9600 at 3% per year for 2 years (in ₹)?
- 24.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹740. What is the loss (in ₹)?
- 25.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
- 26.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1420. What is the profit (in ₹)?
- 27.A cycle costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 28.The price of a school bag changed from ₹100 to ₹190. What is the percentage increase?
- 29.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 30.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1100. What is the loss (in ₹)?
- 31.A sewing machine bought for ₹3300 is sold for ₹2904. What is the loss per cent?
- 32.What is 45% of 680?
- 33.A sewing machine bought for ₹300 is sold for ₹285. What is the loss per cent?
- 34.What is 35% of 460?
- 35.What is the simple interest on ₹4000 at 8% per year for 4 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹4700 at 8% per year for 1 year (in ₹)?
- 37.A fan costs ₹3100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 38.The price of a box of mangoes changed from ₹40 to ₹42. What is the percentage increase?
- 39.A cooler costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1920. What is the loss (in ₹)?
Answer key
- 162
- 3600
- 50
- 32
- 60
- 12
- 4770
- 20
- 5000
- 70
- 270
- 3168
- 75
- 70
- 810
- 90
- 9975
- 68
- 30
- 258
- 40
- 40
- 576
- 260
- 10
- 20
- 1440
- 90
- 20
- 50
- 12
- 306
- 5
- 161
- 1280
- 5076
- 1550
- 5
- 1792
- 80
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