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 ₹8700 at 10% per year for 1 year (in ₹)?
- 2.The price of a box of mangoes changed from ₹40 to ₹8. What is the percentage decrease?
- 3.A shopkeeper buys a fan for ₹500 and sells it for ₹520. What is the profit (in ₹)?
- 4.What is the simple interest on ₹1600 at 10% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹1000 at 5% per year for 5 years (in ₹)?
- 6.What is 70% of 680?
- 7.A watch bought for ₹1300 is sold for ₹1430. What is the profit per cent?
- 8.A cooler costs ₹2600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 9.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1700. What is the profit (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 5 years (in ₹)?
- 11.What is 15% of 460?
- 12.A table costs ₹3700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹6000 at 12% per year for 5 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 1 year (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 1 year (in ₹)?
- 16.A shopkeeper buys a cycle for ₹2000 and sells it for ₹2170. What is the profit (in ₹)?
- 17.What is the simple interest on ₹3400 at 6% per year for 3 years (in ₹)?
- 18.A shopkeeper buys a fan for ₹700 and sells it for ₹630. What is the loss (in ₹)?
- 19.What is 5% of 660?
- 20.What is 5% of 120?
- 21.What is the amount (principal + simple interest) on ₹5400 at 11% per year for 2 years (in ₹)?
- 22.What is 30% of 400?
- 23.What is the simple interest on ₹2400 at 2% per year for 2 years (in ₹)?
- 24.A shopkeeper buys a watch for ₹1150 and sells it for ₹1240. What is the profit (in ₹)?
- 25.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹950. What is the profit (in ₹)?
- 26.A cooler bought for ₹3600 is sold for ₹5400. What is the profit per cent?
- 27.The price of a cricket ball changed from ₹500 to ₹475. What is the percentage decrease?
- 28.A shopkeeper buys a fan for ₹1150 and sells it for ₹1280. What is the profit (in ₹)?
- 29.A watch costs ₹3800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 30.A cycle bought for ₹2500 is sold for ₹2875. What is the profit per cent?
- 31.A cycle costs ₹2000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 32.A shopkeeper buys a cycle for ₹2000 and sells it for ₹2230. What is the profit (in ₹)?
- 33.A fan bought for ₹2400 is sold for ₹2280. What is the loss per cent?
- 34.A watch bought for ₹1600 is sold for ₹1200. What is the loss per cent?
- 35.What is 30% of 720?
- 36.The price of a bus pass changed from ₹20 to ₹2. What is the percentage decrease?
- 37.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹3000. What is the profit (in ₹)?
- 38.A fan costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 39.What is 65% of 320?
- 40.What is 95% of 360?
Answer key
- 9570
- 80
- 20
- 800
- 250
- 476
- 10
- 3900
- 100
- 2755
- 69
- 4625
- 3600
- 6732
- 9152
- 170
- 612
- 70
- 33
- 6
- 6588
- 120
- 96
- 90
- 100
- 50
- 5
- 130
- 2850
- 15
- 2500
- 230
- 5
- 25
- 216
- 90
- 300
- 1035
- 208
- 342
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