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 ₹4900 at 9% per year for 4 years (in ₹)?
- 2.What is 60% of 520?
- 3.What is the amount (principal + simple interest) on ₹3400 at 4% per year for 1 year (in ₹)?
- 4.What is the simple interest on ₹1600 at 5% per year for 1 year (in ₹)?
- 5.A cooler bought for ₹1400 is sold for ₹1568. What is the profit per cent?
- 6.A fan costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 7.The price of a pair of shoes changed from ₹80 to ₹40. What is the percentage decrease?
- 8.The price of a cricket ball changed from ₹20 to ₹38. What is the percentage increase?
- 9.What is the simple interest on ₹4500 at 3% per year for 2 years (in ₹)?
- 10.The price of a cricket ball changed from ₹25 to ₹10. What is the percentage decrease?
- 11.What is 20% of 460?
- 12.A cooler costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 13.A mobile phone bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 14.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
- 15.A mobile phone bought for ₹3100 is sold for ₹3720. What is the profit per cent?
- 16.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹530. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 1 year (in ₹)?
- 18.A watch bought for ₹3200 is sold for ₹2400. What is the loss per cent?
- 19.What is the simple interest on ₹2100 at 9% per year for 2 years (in ₹)?
- 20.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹570. What is the profit (in ₹)?
- 21.What is 15% of 740?
- 22.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
- 23.A fan costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a table for ₹1350 and sells it for ₹1230. What is the loss (in ₹)?
- 25.A cricket kit costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 26.A shopkeeper buys a cycle for ₹450 and sells it for ₹550. What is the profit (in ₹)?
- 27.A sewing machine costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 28.What is 95% of 820?
- 29.A cooler costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 30.What is the simple interest on ₹8900 at 8% per year for 3 years (in ₹)?
- 31.What is the simple interest on ₹7800 at 11% per year for 1 year (in ₹)?
- 32.The price of a cricket ball changed from ₹40 to ₹44. What is the percentage increase?
- 33.A mobile phone costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 34.The price of a cricket ball changed from ₹50 to ₹80. What is the percentage increase?
- 35.What is the simple interest on ₹6300 at 6% per year for 2 years (in ₹)?
- 36.A cricket kit costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹7600 at 11% per year for 5 years (in ₹)?
- 38.A cycle costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 39.What is the simple interest on ₹4200 at 12% per year for 5 years (in ₹)?
- 40.A table costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
Answer key
- 1764
- 312
- 3536
- 80
- 12
- 3920
- 50
- 90
- 270
- 60
- 92
- 3145
- 5
- 10
- 20
- 270
- 10192
- 25
- 378
- 70
- 111
- 240
- 4875
- 120
- 1710
- 100
- 2000
- 779
- 1080
- 2136
- 858
- 10
- 4160
- 60
- 756
- 1020
- 4180
- 2240
- 2520
- 1200
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