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.A fan costs ₹1100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.What is 90% of 80?
- 3.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 3 years (in ₹)?
- 4.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
- 5.What is the amount (principal + simple interest) on ₹8400 at 6% per year for 4 years (in ₹)?
- 6.What is the simple interest on ₹600 at 4% per year for 1 year (in ₹)?
- 7.What is the simple interest on ₹8000 at 5% per year for 5 years (in ₹)?
- 8.A mobile phone bought for ₹300 is sold for ₹375. What is the profit per cent?
- 9.A sewing machine bought for ₹800 is sold for ₹1200. What is the profit per cent?
- 10.What is the simple interest on ₹6700 at 12% per year for 4 years (in ₹)?
- 11.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
- 12.What is 20% of 240?
- 13.A cooler costs ₹200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 14.A table bought for ₹2200 is sold for ₹1650. What is the loss per cent?
- 15.What is the amount (principal + simple interest) on ₹5400 at 9% per year for 1 year (in ₹)?
- 16.A shopkeeper buys a fan for ₹2800 and sells it for ₹3030. What is the profit (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 1 year (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 5 years (in ₹)?
- 19.What is the simple interest on ₹1300 at 4% per year for 1 year (in ₹)?
- 20.What is 60% of 840?
- 21.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 5 years (in ₹)?
- 22.What is the simple interest on ₹2400 at 12% per year for 5 years (in ₹)?
- 23.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3060. What is the profit (in ₹)?
- 24.What is 35% of 700?
- 25.What is the amount (principal + simple interest) on ₹6700 at 10% per year for 1 year (in ₹)?
- 26.A fan costs ₹1800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 27.A sewing machine costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 28.A watch costs ₹2700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 29.A shopkeeper buys a watch for ₹1200 and sells it for ₹1010. What is the loss (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹7300 at 8% per year for 3 years (in ₹)?
- 31.A watch costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 32.A cycle costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹4200 at 8% per year for 1 year (in ₹)?
- 34.What is the simple interest on ₹6100 at 8% per year for 2 years (in ₹)?
- 35.What is 80% of 40?
- 36.What is the simple interest on ₹2900 at 12% per year for 5 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 1 year (in ₹)?
- 38.What is 20% of 200?
- 39.What is the amount (principal + simple interest) on ₹8900 at 12% per year for 1 year (in ₹)?
- 40.What is 10% of 140?
Answer key
- 968
- 72
- 10790
- 40
- 10416
- 24
- 2000
- 25
- 50
- 3216
- 90
- 48
- 170
- 25
- 5886
- 230
- 1526
- 5175
- 52
- 504
- 7260
- 1440
- 60
- 245
- 7370
- 2070
- 5320
- 1620
- 190
- 9052
- 2420
- 1170
- 336
- 976
- 32
- 1740
- 1938
- 40
- 9968
- 14
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