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 ₹7600 at 11% per year for 1 year (in ₹)?
- 2.A shopkeeper buys a fan for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
- 3.What is 5% of 580?
- 4.The price of a school bag changed from ₹250 to ₹225. What is the percentage decrease?
- 5.The price of a pair of shoes changed from ₹40 to ₹70. What is the percentage increase?
- 6.What is the amount (principal + simple interest) on ₹8400 at 10% per year for 3 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹1200 at 4% per year for 4 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 4 years (in ₹)?
- 9.The price of a bus pass changed from ₹40 to ₹24. What is the percentage decrease?
- 10.A table bought for ₹1300 is sold for ₹1560. What is the profit per cent?
- 11.A shopkeeper buys a fan for ₹2850 and sells it for ₹3050. What is the profit (in ₹)?
- 12.The price of a box of mangoes changed from ₹400 to ₹600. What is the percentage increase?
- 13.What is the simple interest on ₹4400 at 4% per year for 1 year (in ₹)?
- 14.A shopkeeper buys a cycle for ₹500 and sells it for ₹550. What is the profit (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹5400 at 5% per year for 1 year (in ₹)?
- 16.What is 25% of 700?
- 17.What is the amount (principal + simple interest) on ₹8700 at 8% per year for 5 years (in ₹)?
- 18.What is 85% of 60?
- 19.What is the simple interest on ₹4800 at 12% per year for 5 years (in ₹)?
- 20.A table bought for ₹400 is sold for ₹360. What is the loss per cent?
- 21.What is the simple interest on ₹5900 at 6% per year for 1 year (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹4800 at 8% per year for 4 years (in ₹)?
- 23.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2790. What is the loss (in ₹)?
- 24.The price of a cricket ball changed from ₹80 to ₹16. What is the percentage decrease?
- 25.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹810. What is the loss (in ₹)?
- 26.A fan costs ₹1400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 27.The price of a water bottle changed from ₹20 to ₹24. What is the percentage increase?
- 28.What is the simple interest on ₹3000 at 6% per year for 5 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹4100 at 3% per year for 1 year (in ₹)?
- 30.The price of a cricket ball changed from ₹200 to ₹198. What is the percentage decrease?
- 31.What is 85% of 680?
- 32.What is 90% of 540?
- 33.What is 20% of 900?
- 34.What is 55% of 820?
- 35.What is the amount (principal + simple interest) on ₹5600 at 5% per year for 1 year (in ₹)?
- 36.The price of a school bag changed from ₹20 to ₹36. What is the percentage increase?
- 37.What is the amount (principal + simple interest) on ₹800 at 11% per year for 4 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹10000 at 5% per year for 1 year (in ₹)?
- 39.A cooler bought for ₹700 is sold for ₹980. What is the profit per cent?
- 40.A watch costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
Answer key
- 8436
- 250
- 29
- 10
- 75
- 10920
- 1392
- 1160
- 40
- 20
- 200
- 50
- 176
- 50
- 5670
- 175
- 12180
- 51
- 2880
- 10
- 354
- 6336
- 110
- 80
- 240
- 1680
- 20
- 900
- 4223
- 1
- 578
- 486
- 180
- 451
- 5880
- 80
- 1152
- 10500
- 40
- 1600
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