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 ₹5700 at 8% per year for 1 year (in ₹)?
- 2.What is the simple interest on ₹4800 at 5% per year for 3 years (in ₹)?
- 3.A cycle bought for ₹1900 is sold for ₹1425. What is the loss per cent?
- 4.What is 75% of 180?
- 5.What is 10% of 720?
- 6.A fan costs ₹3100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 7.What is 60% of 460?
- 8.What is 65% of 440?
- 9.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹430. What is the loss (in ₹)?
- 10.What is the simple interest on ₹8000 at 11% per year for 1 year (in ₹)?
- 11.A watch bought for ₹1100 is sold for ₹1540. What is the profit per cent?
- 12.What is 80% of 700?
- 13.What is 80% of 240?
- 14.What is 35% of 620?
- 15.What is 75% of 480?
- 16.A cycle bought for ₹2500 is sold for ₹2800. What is the profit per cent?
- 17.A cycle bought for ₹200 is sold for ₹210. What is the profit per cent?
- 18.What is 65% of 240?
- 19.The price of a cricket ball changed from ₹80 to ₹96. What is the percentage increase?
- 20.What is the amount (principal + simple interest) on ₹3200 at 6% per year for 2 years (in ₹)?
- 21.A fan costs ₹1500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 22.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1920. What is the profit (in ₹)?
- 23.The price of a school bag changed from ₹100 to ₹25. What is the percentage decrease?
- 24.What is 85% of 40?
- 25.What is 5% of 480?
- 26.What is 20% of 140?
- 27.What is 30% of 240?
- 28.What is 80% of 100?
- 29.What is 5% of 420?
- 30.What is the simple interest on ₹5300 at 11% per year for 3 years (in ₹)?
- 31.What is the simple interest on ₹1400 at 5% per year for 5 years (in ₹)?
- 32.What is 45% of 640?
- 33.What is the amount (principal + simple interest) on ₹7600 at 10% per year for 2 years (in ₹)?
- 34.A cycle bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 35.A shopkeeper buys a watch for ₹1250 and sells it for ₹1170. What is the loss (in ₹)?
- 36.What is the simple interest on ₹8600 at 11% per year for 3 years (in ₹)?
- 37.A shopkeeper buys a fan for ₹3000 and sells it for ₹3230. What is the profit (in ₹)?
- 38.What is the simple interest on ₹3200 at 4% per year for 1 year (in ₹)?
- 39.What is 90% of 440?
- 40.What is the amount (principal + simple interest) on ₹9700 at 12% per year for 4 years (in ₹)?
Answer key
- 456
- 720
- 25
- 135
- 72
- 4650
- 276
- 286
- 220
- 880
- 40
- 560
- 192
- 217
- 360
- 12
- 5
- 156
- 20
- 3584
- 2100
- 20
- 75
- 34
- 24
- 28
- 72
- 80
- 21
- 1749
- 350
- 288
- 9120
- 10
- 80
- 2838
- 230
- 128
- 396
- 14356
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