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 ₹1800 at 7% per year for 5 years (in ₹)?
- 2.What is 60% of 220?
- 3.What is 30% of 440?
- 4.A cycle bought for ₹500 is sold for ₹250. What is the loss per cent?
- 5.A shopkeeper buys a fan for ₹650 and sells it for ₹870. What is the profit (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2610. What is the profit (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹1840. What is the loss (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹3900 at 12% per year for 4 years (in ₹)?
- 9.What is the simple interest on ₹3500 at 10% per year for 1 year (in ₹)?
- 10.A mobile phone costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹9300 at 3% per year for 3 years (in ₹)?
- 12.What is the simple interest on ₹4400 at 8% per year for 3 years (in ₹)?
- 13.What is 30% of 860?
- 14.The price of a school bag changed from ₹500 to ₹600. What is the percentage increase?
- 15.A fan bought for ₹2500 is sold for ₹2375. What is the loss per cent?
- 16.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 4 years (in ₹)?
- 17.A cricket kit bought for ₹3000 is sold for ₹3450. What is the profit per cent?
- 18.A cycle bought for ₹1100 is sold for ₹1540. What is the profit per cent?
- 19.What is 10% of 800?
- 20.What is 75% of 340?
- 21.The price of a pair of shoes changed from ₹100 to ₹95. What is the percentage decrease?
- 22.A shopkeeper buys a table for ₹2500 and sells it for ₹2550. What is the profit (in ₹)?
- 23.A shopkeeper buys a fan for ₹900 and sells it for ₹1010. What is the profit (in ₹)?
- 24.A fan costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 25.What is 65% of 240?
- 26.A shopkeeper buys a cooler for ₹250 and sells it for ₹460. What is the profit (in ₹)?
- 27.What is the simple interest on ₹2400 at 9% per year for 2 years (in ₹)?
- 28.What is the simple interest on ₹9700 at 7% per year for 3 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹700 at 9% per year for 2 years (in ₹)?
- 30.A sewing machine costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 31.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1040. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹8800 at 6% per year for 1 year (in ₹)?
- 33.The price of a cricket ball changed from ₹400 to ₹720. What is the percentage increase?
- 34.A watch costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹7000 at 11% per year for 3 years (in ₹)?
- 36.What is 90% of 260?
- 37.What is 5% of 260?
- 38.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 5 years (in ₹)?
- 39.A shopkeeper buys a watch for ₹1700 and sells it for ₹1740. What is the profit (in ₹)?
- 40.What is 40% of 720?
Answer key
- 630
- 132
- 132
- 50
- 220
- 10
- 210
- 5772
- 350
- 350
- 837
- 1056
- 258
- 20
- 5
- 5104
- 15
- 40
- 80
- 255
- 5
- 50
- 110
- 1190
- 156
- 210
- 432
- 2037
- 826
- 2250
- 260
- 9328
- 80
- 2000
- 2310
- 234
- 13
- 1680
- 40
- 288
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