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 ₹2600 at 12% per year for 4 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 4 years (in ₹)?
- 3.What is 5% of 640?
- 4.A mobile phone costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 5.A fan bought for ₹1900 is sold for ₹1710. What is the loss per cent?
- 6.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹220. What is the loss (in ₹)?
- 7.What is 15% of 940?
- 8.A cricket kit costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹510. What is the profit (in ₹)?
- 10.The price of a bus pass changed from ₹20 to ₹16. What is the percentage decrease?
- 11.What is the simple interest on ₹3700 at 6% per year for 4 years (in ₹)?
- 12.A watch costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a cooler for ₹300 and sells it for ₹410. What is the profit (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹8300 at 7% per year for 2 years (in ₹)?
- 15.A sewing machine bought for ₹3700 is sold for ₹4625. What is the profit per cent?
- 16.The price of a bus pass changed from ₹500 to ₹900. What is the percentage increase?
- 17.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 2 years (in ₹)?
- 18.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1450. What is the profit (in ₹)?
- 19.A fan bought for ₹2600 is sold for ₹3120. What is the profit per cent?
- 20.A shopkeeper buys a cycle for ₹1000 and sells it for ₹850. What is the loss (in ₹)?
- 21.A shopkeeper buys a table for ₹750 and sells it for ₹660. What is the loss (in ₹)?
- 22.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
- 23.What is the amount (principal + simple interest) on ₹6300 at 2% per year for 5 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹4000 at 2% per year for 3 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹6000 at 5% per year for 1 year (in ₹)?
- 26.A table costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 27.A shopkeeper buys a table for ₹300 and sells it for ₹240. What is the loss (in ₹)?
- 28.A shopkeeper buys a sewing machine for ₹1400 and sells it for ₹1280. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹7900 at 4% per year for 2 years (in ₹)?
- 30.A fan bought for ₹2800 is sold for ₹4200. What is the profit per cent?
- 31.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹6400 at 9% per year for 2 years (in ₹)?
- 33.The price of a school bag changed from ₹50 to ₹45. What is the percentage decrease?
- 34.A cooler costs ₹2200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 35.The price of a water bottle changed from ₹100 to ₹60. What is the percentage decrease?
- 36.A fan costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 3 years (in ₹)?
- 38.What is 30% of 120?
- 39.What is the simple interest on ₹9700 at 7% per year for 2 years (in ₹)?
- 40.A shopkeeper buys a fan for ₹1600 and sells it for ₹1590. What is the loss (in ₹)?
Answer key
- 3848
- 1364
- 32
- 945
- 10
- 130
- 141
- 2800
- 210
- 20
- 888
- 600
- 110
- 9462
- 25
- 80
- 4560
- 100
- 20
- 150
- 90
- 80
- 6930
- 4240
- 6300
- 2160
- 60
- 120
- 8532
- 50
- 20
- 7552
- 10
- 2464
- 40
- 3375
- 9483
- 36
- 1358
- 10
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