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 ₹5500 at 2% per year for 4 years (in ₹)?
- 2.What is 90% of 840?
- 3.What is the simple interest on ₹9700 at 12% per year for 1 year (in ₹)?
- 4.What is the simple interest on ₹10000 at 12% per year for 1 year (in ₹)?
- 5.A cooler costs ₹1700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹3500 at 7% per year for 5 years (in ₹)?
- 7.A mobile phone costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 8.What is 45% of 920?
- 9.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
- 10.A watch bought for ₹3600 is sold for ₹3780. What is the profit per cent?
- 11.What is 45% of 40?
- 12.A sewing machine costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 13.The price of a school bag changed from ₹400 to ₹392. What is the percentage decrease?
- 14.A sewing machine bought for ₹1600 is sold for ₹1408. What is the loss per cent?
- 15.What is the amount (principal + simple interest) on ₹6900 at 8% per year for 2 years (in ₹)?
- 16.A fan costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹1600 at 6% per year for 1 year (in ₹)?
- 18.A cooler bought for ₹2000 is sold for ₹2400. What is the profit per cent?
- 19.A shopkeeper buys a watch for ₹1550 and sells it for ₹1440. What is the loss (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8000 at 12% per year for 4 years (in ₹)?
- 21.A cricket kit costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 22.The price of a pair of shoes changed from ₹50 to ₹55. What is the percentage increase?
- 23.What is 95% of 820?
- 24.What is the amount (principal + simple interest) on ₹1600 at 9% per year for 1 year (in ₹)?
- 25.What is 35% of 680?
- 26.What is 5% of 600?
- 27.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹170. What is the loss (in ₹)?
- 28.A cooler bought for ₹2000 is sold for ₹1760. What is the loss per cent?
- 29.What is 25% of 440?
- 30.What is 65% of 120?
- 31.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
- 32.What is the amount (principal + simple interest) on ₹7400 at 12% per year for 3 years (in ₹)?
- 33.A shopkeeper buys a cycle for ₹950 and sells it for ₹1020. What is the profit (in ₹)?
- 34.The price of a school bag changed from ₹250 to ₹125. What is the percentage decrease?
- 35.The price of a box of mangoes changed from ₹100 to ₹105. What is the percentage increase?
- 36.A table bought for ₹3700 is sold for ₹4625. What is the profit per cent?
- 37.A watch costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 38.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
- 39.What is the simple interest on ₹2300 at 6% per year for 4 years (in ₹)?
- 40.A mobile phone bought for ₹1300 is sold for ₹1625. What is the profit per cent?
Answer key
- 5940
- 756
- 1164
- 1200
- 1445
- 1225
- 1260
- 414
- 20
- 5
- 18
- 425
- 2
- 12
- 8004
- 300
- 96
- 20
- 110
- 11840
- 450
- 10
- 779
- 1744
- 238
- 30
- 130
- 12
- 110
- 78
- 20
- 10064
- 70
- 50
- 5
- 25
- 3520
- 80
- 552
- 25
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