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 ₹5100 at 4% per year for 1 year (in ₹)?
- 2.What is the simple interest on ₹7600 at 7% per year for 2 years (in ₹)?
- 3.What is the simple interest on ₹3100 at 6% per year for 4 years (in ₹)?
- 4.A fan costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 5.What is the simple interest on ₹7200 at 4% per year for 5 years (in ₹)?
- 6.A mobile phone costs ₹3800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 7.A sewing machine bought for ₹1500 is sold for ₹1725. What is the profit per cent?
- 8.What is the amount (principal + simple interest) on ₹3400 at 3% per year for 4 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹6100 at 11% per year for 2 years (in ₹)?
- 10.A cricket kit bought for ₹1500 is sold for ₹1650. What is the profit per cent?
- 11.A mobile phone costs ₹3900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 12.A cooler costs ₹3300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 13.What is 85% of 440?
- 14.A shopkeeper buys a watch for ₹2750 and sells it for ₹2790. What is the profit (in ₹)?
- 15.What is the simple interest on ₹8500 at 5% per year for 2 years (in ₹)?
- 16.What is the simple interest on ₹2400 at 3% per year for 1 year (in ₹)?
- 17.What is the simple interest on ₹8800 at 5% per year for 4 years (in ₹)?
- 18.What is 80% of 460?
- 19.A shopkeeper buys a cycle for ₹500 and sells it for ₹540. What is the profit (in ₹)?
- 20.A cooler bought for ₹4000 is sold for ₹3000. What is the loss per cent?
- 21.A shopkeeper buys a cooler for ₹2900 and sells it for ₹2970. What is the profit (in ₹)?
- 22.A table bought for ₹1300 is sold for ₹1235. What is the loss per cent?
- 23.What is the amount (principal + simple interest) on ₹1700 at 3% per year for 3 years (in ₹)?
- 24.The price of a pair of shoes changed from ₹50 to ₹80. What is the percentage increase?
- 25.What is 45% of 220?
- 26.The price of a water bottle changed from ₹50 to ₹25. What is the percentage decrease?
- 27.A table bought for ₹1700 is sold for ₹1020. What is the loss per cent?
- 28.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1250. What is the loss (in ₹)?
- 29.A shopkeeper buys a table for ₹2150 and sells it for ₹2330. What is the profit (in ₹)?
- 30.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
- 31.What is 85% of 600?
- 32.What is the amount (principal + simple interest) on ₹5100 at 9% per year for 3 years (in ₹)?
- 33.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 34.What is 55% of 820?
- 35.A cooler costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 36.A cricket kit costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 37.A shopkeeper buys a cooler for ₹200 and sells it for ₹160. What is the loss (in ₹)?
- 38.A cooler bought for ₹900 is sold for ₹1008. What is the profit per cent?
- 39.A cooler costs ₹3600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹2800 at 8% per year for 4 years (in ₹)?
Answer key
- 5304
- 1064
- 744
- 360
- 1440
- 5700
- 15
- 3808
- 7442
- 10
- 4680
- 3696
- 374
- 40
- 850
- 72
- 1760
- 368
- 40
- 25
- 70
- 5
- 1853
- 60
- 99
- 50
- 40
- 300
- 180
- 30
- 510
- 6477
- 40
- 451
- 3800
- 2310
- 40
- 12
- 3420
- 3696
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