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 ₹500 at 10% per year for 5 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹6200 at 5% per year for 4 years (in ₹)?
- 3.A shopkeeper buys a table for ₹750 and sells it for ₹610. What is the loss (in ₹)?
- 4.A fan costs ₹2600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 5.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
- 6.A cooler costs ₹1200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 7.The price of a cricket ball changed from ₹40 to ₹28. What is the percentage decrease?
- 8.A shopkeeper buys a cooler for ₹1850 and sells it for ₹1700. What is the loss (in ₹)?
- 9.A shopkeeper buys a cooler for ₹500 and sells it for ₹730. What is the profit (in ₹)?
- 10.A fan bought for ₹300 is sold for ₹336. What is the profit per cent?
- 11.A cooler costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.A cricket kit costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹4600 at 11% per year for 1 year (in ₹)?
- 14.What is the simple interest on ₹2800 at 12% per year for 3 years (in ₹)?
- 15.The price of a cricket ball changed from ₹20 to ₹18. What is the percentage decrease?
- 16.What is the simple interest on ₹7200 at 2% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a watch for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
- 18.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1080. What is the loss (in ₹)?
- 19.A cycle bought for ₹900 is sold for ₹990. What is the profit per cent?
- 20.What is 20% of 40?
- 21.What is 30% of 580?
- 22.The price of a pair of shoes changed from ₹250 to ₹400. What is the percentage increase?
- 23.What is the simple interest on ₹4400 at 6% per year for 3 years (in ₹)?
- 24.The price of a box of mangoes changed from ₹40 to ₹50. What is the percentage increase?
- 25.A shopkeeper buys a fan for ₹900 and sells it for ₹820. What is the loss (in ₹)?
- 26.A shopkeeper buys a fan for ₹850 and sells it for ₹1080. What is the profit (in ₹)?
- 27.What is 15% of 920?
- 28.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
- 29.A cooler costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 30.A mobile phone costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 31.What is 90% of 140?
- 32.What is 35% of 680?
- 33.A shopkeeper buys a cycle for ₹350 and sells it for ₹460. What is the profit (in ₹)?
- 34.What is 15% of 840?
- 35.A fan costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹8800 at 3% per year for 4 years (in ₹)?
- 37.A table costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹3600 at 9% per year for 2 years (in ₹)?
- 39.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹610. What is the profit (in ₹)?
- 40.A cricket kit bought for ₹3300 is sold for ₹3696. What is the profit per cent?
Answer key
- 750
- 7440
- 140
- 2470
- 25
- 1020
- 30
- 150
- 230
- 12
- 2640
- 4800
- 506
- 1008
- 10
- 288
- 200
- 120
- 10
- 8
- 174
- 60
- 792
- 25
- 80
- 230
- 138
- 20
- 1375
- 4800
- 126
- 238
- 110
- 126
- 1760
- 9856
- 150
- 648
- 160
- 12
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