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 ₹8500 at 4% per year for 4 years (in ₹)?
- 2.What is 55% of 780?
- 3.A shopkeeper buys a table for ₹1200 and sells it for ₹1250. What is the profit (in ₹)?
- 4.A shopkeeper buys a watch for ₹1350 and sells it for ₹1450. What is the profit (in ₹)?
- 5.What is 80% of 580?
- 6.What is the simple interest on ₹3400 at 5% per year for 1 year (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹2900 at 11% per year for 4 years (in ₹)?
- 8.A shopkeeper buys a table for ₹600 and sells it for ₹770. What is the profit (in ₹)?
- 9.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?
- 10.The price of a water bottle changed from ₹200 to ₹80. What is the percentage decrease?
- 11.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
- 12.The price of a school bag changed from ₹40 to ₹20. What is the percentage decrease?
- 13.What is the simple interest on ₹6500 at 11% per year for 2 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹5300 at 8% per year for 3 years (in ₹)?
- 15.A shopkeeper buys a table for ₹2400 and sells it for ₹2330. What is the loss (in ₹)?
- 16.The price of a cricket ball changed from ₹40 to ₹72. What is the percentage increase?
- 17.A shopkeeper buys a watch for ₹1200 and sells it for ₹1310. What is the profit (in ₹)?
- 18.The price of a water bottle changed from ₹250 to ₹245. What is the percentage decrease?
- 19.A shopkeeper buys a table for ₹1100 and sells it for ₹1260. What is the profit (in ₹)?
- 20.What is 10% of 900?
- 21.The price of a bus pass changed from ₹200 to ₹204. What is the percentage increase?
- 22.What is the amount (principal + simple interest) on ₹500 at 4% per year for 3 years (in ₹)?
- 23.What is the simple interest on ₹2600 at 3% per year for 2 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 5 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9600 at 5% per year for 4 years (in ₹)?
- 26.What is the simple interest on ₹2200 at 6% per year for 3 years (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 1 year (in ₹)?
- 28.What is 70% of 760?
- 29.A cricket kit costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 30.A shopkeeper buys a fan for ₹2550 and sells it for ₹2670. What is the profit (in ₹)?
- 31.What is the simple interest on ₹7700 at 10% per year for 3 years (in ₹)?
- 32.What is 75% of 500?
- 33.What is the simple interest on ₹1100 at 5% per year for 5 years (in ₹)?
- 34.A table bought for ₹2700 is sold for ₹2970. What is the profit per cent?
- 35.What is 40% of 660?
- 36.A shopkeeper buys a cycle for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
- 37.What is the simple interest on ₹3900 at 8% per year for 3 years (in ₹)?
- 38.The price of a cricket ball changed from ₹40 to ₹48. What is the percentage increase?
- 39.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2260. What is the profit (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 3 years (in ₹)?
Answer key
- 9860
- 429
- 50
- 100
- 464
- 170
- 4176
- 170
- 2
- 60
- 80
- 50
- 1430
- 6572
- 70
- 80
- 110
- 2
- 160
- 90
- 2
- 560
- 156
- 3750
- 11520
- 396
- 2912
- 532
- 4340
- 120
- 2310
- 375
- 275
- 10
- 264
- 240
- 936
- 20
- 10
- 11737
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