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 ₹1100 at 5% per year for 4 years (in ₹)?
- 2.A cooler bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 3.What is 85% of 540?
- 4.What is the simple interest on ₹6500 at 6% per year for 4 years (in ₹)?
- 5.The price of a box of mangoes changed from ₹100 to ₹98. What is the percentage decrease?
- 6.The price of a pair of shoes changed from ₹200 to ₹100. What is the percentage decrease?
- 7.What is the simple interest on ₹7100 at 7% per year for 2 years (in ₹)?
- 8.A cycle bought for ₹2100 is sold for ₹2625. What is the profit per cent?
- 9.A shopkeeper buys a watch for ₹1900 and sells it for ₹1660. What is the loss (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 4 years (in ₹)?
- 11.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2670. What is the loss (in ₹)?
- 12.A mobile phone costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 13.A watch costs ₹1300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 14.What is 25% of 280?
- 15.A table bought for ₹1500 is sold for ₹1725. What is the profit per cent?
- 16.What is 35% of 260?
- 17.What is the amount (principal + simple interest) on ₹900 at 4% per year for 4 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 1 year (in ₹)?
- 19.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2810. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 4 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 1 year (in ₹)?
- 22.A sewing machine bought for ₹3400 is sold for ₹5100. What is the profit per cent?
- 23.A sewing machine bought for ₹1800 is sold for ₹2016. What is the profit per cent?
- 24.What is the amount (principal + simple interest) on ₹9300 at 9% per year for 3 years (in ₹)?
- 25.A watch costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 26.A cricket kit bought for ₹1800 is sold for ₹900. What is the loss per cent?
- 27.A cooler bought for ₹600 is sold for ₹900. What is the profit per cent?
- 28.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1430. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹4000 at 7% per year for 5 years (in ₹)?
- 30.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
- 31.What is the simple interest on ₹8200 at 10% per year for 3 years (in ₹)?
- 32.A table costs ₹3500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 5 years (in ₹)?
- 34.What is 65% of 480?
- 35.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2650. What is the profit (in ₹)?
- 36.The price of a pair of shoes changed from ₹400 to ₹500. What is the percentage increase?
- 37.A watch costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 38.What is 95% of 80?
- 39.What is 35% of 860?
- 40.The price of a cricket ball changed from ₹400 to ₹500. What is the percentage increase?
Answer key
- 220
- 20
- 459
- 1560
- 2
- 50
- 994
- 25
- 240
- 9792
- 80
- 2816
- 1365
- 70
- 15
- 91
- 1044
- 7035
- 260
- 13824
- 6720
- 50
- 12
- 11811
- 3325
- 50
- 50
- 80
- 5400
- 60
- 2460
- 2800
- 6480
- 312
- 200
- 25
- 3230
- 76
- 301
- 25
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