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 ₹2000 at 11% per year for 2 years (in ₹)?
- 2.What is 25% of 80?
- 3.What is 30% of 620?
- 4.What is the simple interest on ₹4600 at 12% per year for 2 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8000 at 6% per year for 5 years (in ₹)?
- 6.What is 15% of 520?
- 7.The price of a bus pass changed from ₹50 to ₹10. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 5 years (in ₹)?
- 9.What is 85% of 320?
- 10.What is the simple interest on ₹8200 at 7% per year for 5 years (in ₹)?
- 11.What is the simple interest on ₹5100 at 12% per year for 1 year (in ₹)?
- 12.What is 75% of 120?
- 13.What is the simple interest on ₹2600 at 11% per year for 2 years (in ₹)?
- 14.A sewing machine costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 2 years (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹1930. What is the loss (in ₹)?
- 17.What is 70% of 460?
- 18.What is the amount (principal + simple interest) on ₹9100 at 5% per year for 1 year (in ₹)?
- 19.A cricket kit costs ₹3000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 20.What is 80% of 720?
- 21.What is 10% of 180?
- 22.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1090. What is the loss (in ₹)?
- 23.A fan costs ₹1400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹1700 at 7% per year for 4 years (in ₹)?
- 25.What is the simple interest on ₹3100 at 6% per year for 3 years (in ₹)?
- 26.A cycle costs ₹1900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.A shopkeeper buys a watch for ₹1350 and sells it for ₹1180. What is the loss (in ₹)?
- 28.What is the simple interest on ₹1000 at 10% per year for 2 years (in ₹)?
- 29.A sewing machine bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 2 years (in ₹)?
- 31.A watch costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 32.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2750. What is the loss (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹7900 at 12% per year for 2 years (in ₹)?
- 34.A cooler costs ₹2200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 35.What is 90% of 960?
- 36.A cycle costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 37.A shopkeeper buys a cycle for ₹850 and sells it for ₹1130. What is the profit (in ₹)?
- 38.A cycle costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 39.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
- 40.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1140. What is the profit (in ₹)?
Answer key
- 2440
- 20
- 186
- 1104
- 10400
- 78
- 80
- 4320
- 272
- 2870
- 612
- 90
- 572
- 975
- 7384
- 120
- 322
- 9555
- 4200
- 576
- 18
- 10
- 980
- 476
- 558
- 1615
- 170
- 200
- 5
- 9752
- 4600
- 100
- 9796
- 2090
- 864
- 440
- 280
- 200
- 100
- 40
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