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 ₹4200 at 4% per year for 1 year (in ₹)?
- 2.A cycle costs ₹300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 3.A shopkeeper buys a cycle for ₹500 and sells it for ₹320. What is the loss (in ₹)?
- 4.A mobile phone bought for ₹2600 is sold for ₹2080. What is the loss per cent?
- 5.A table bought for ₹500 is sold for ₹560. What is the profit per cent?
- 6.What is the amount (principal + simple interest) on ₹7300 at 4% per year for 4 years (in ₹)?
- 7.A sewing machine costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 8.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2890. What is the profit (in ₹)?
- 9.The price of a cricket ball changed from ₹200 to ₹196. What is the percentage decrease?
- 10.A cycle costs ₹2800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹1200 at 12% per year for 4 years (in ₹)?
- 12.What is 30% of 560?
- 13.What is the amount (principal + simple interest) on ₹3400 at 7% per year for 2 years (in ₹)?
- 14.What is 35% of 140?
- 15.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1130. What is the profit (in ₹)?
- 16.A mobile phone bought for ₹900 is sold for ₹540. What is the loss per cent?
- 17.The price of a bus pass changed from ₹100 to ₹99. What is the percentage decrease?
- 18.A mobile phone costs ₹3500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹1200 at 2% per year for 1 year (in ₹)?
- 20.What is the simple interest on ₹7600 at 11% per year for 4 years (in ₹)?
- 21.A shopkeeper buys a table for ₹1800 and sells it for ₹1820. What is the profit (in ₹)?
- 22.A fan bought for ₹2800 is sold for ₹2940. What is the profit per cent?
- 23.What is 60% of 480?
- 24.A table costs ₹1800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2900 at 4% per year for 3 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹3300 at 11% per year for 2 years (in ₹)?
- 27.A watch bought for ₹2800 is sold for ₹1400. What is the loss per cent?
- 28.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹1200. What is the profit (in ₹)?
- 29.What is 85% of 220?
- 30.What is 45% of 660?
- 31.What is 70% of 260?
- 32.What is the simple interest on ₹6600 at 7% per year for 2 years (in ₹)?
- 33.A cooler costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 34.A table bought for ₹2400 is sold for ₹2760. What is the profit per cent?
- 35.What is 60% of 780?
- 36.What is the simple interest on ₹4700 at 2% per year for 1 year (in ₹)?
- 37.A cooler bought for ₹2800 is sold for ₹3360. What is the profit per cent?
- 38.The price of a bus pass changed from ₹20 to ₹21. What is the percentage increase?
- 39.What is the amount (principal + simple interest) on ₹2400 at 12% per year for 2 years (in ₹)?
- 40.What is 85% of 840?
Answer key
- 4368
- 270
- 180
- 20
- 12
- 8468
- 4750
- 40
- 2
- 2240
- 1776
- 168
- 3876
- 49
- 130
- 40
- 1
- 4900
- 1224
- 3344
- 20
- 5
- 288
- 2520
- 3248
- 4026
- 50
- 300
- 187
- 297
- 182
- 924
- 3875
- 15
- 468
- 94
- 20
- 5
- 2976
- 714
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