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 5% of 1000?
- 2.What is the amount (principal + simple interest) on ₹2000 at 10% per year for 3 years (in ₹)?
- 3.What is 80% of 660?
- 4.What is the simple interest on ₹7000 at 12% per year for 3 years (in ₹)?
- 5.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹850. What is the profit (in ₹)?
- 6.A cricket kit bought for ₹300 is sold for ₹150. What is the loss per cent?
- 7.The price of a pair of shoes changed from ₹400 to ₹408. What is the percentage increase?
- 8.A fan bought for ₹3100 is sold for ₹3875. What is the profit per cent?
- 9.What is the amount (principal + simple interest) on ₹5400 at 9% per year for 4 years (in ₹)?
- 10.A shopkeeper buys a fan for ₹300 and sells it for ₹220. What is the loss (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹6700 at 4% per year for 5 years (in ₹)?
- 12.A shopkeeper buys a table for ₹2500 and sells it for ₹2630. What is the profit (in ₹)?
- 13.A fan costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 14.A cooler bought for ₹700 is sold for ₹616. What is the loss per cent?
- 15.What is 35% of 80?
- 16.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 4 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 2 years (in ₹)?
- 18.A cricket kit bought for ₹800 is sold for ₹1120. What is the profit per cent?
- 19.A sewing machine costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 20.What is 80% of 920?
- 21.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
- 22.A fan costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 3 years (in ₹)?
- 24.What is the simple interest on ₹4500 at 3% per year for 3 years (in ₹)?
- 25.A cycle costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹8500 at 12% per year for 5 years (in ₹)?
- 27.A cooler costs ₹2300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 28.What is 90% of 660?
- 29.A table costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 30.A shopkeeper buys a table for ₹850 and sells it for ₹560. What is the loss (in ₹)?
- 31.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2770. What is the profit (in ₹)?
- 32.A shopkeeper buys a fan for ₹900 and sells it for ₹1110. What is the profit (in ₹)?
- 33.A watch bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹900 at 8% per year for 3 years (in ₹)?
- 35.What is the simple interest on ₹2700 at 8% per year for 5 years (in ₹)?
- 36.A table costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 37.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹340. What is the profit (in ₹)?
- 38.A cooler costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹5400 at 3% per year for 3 years (in ₹)?
- 40.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?
Answer key
- 50
- 2600
- 528
- 2520
- 250
- 50
- 2
- 25
- 7344
- 80
- 8040
- 130
- 770
- 12
- 28
- 9396
- 9504
- 40
- 3250
- 736
- 30
- 3500
- 9545
- 405
- 540
- 5100
- 3220
- 594
- 3600
- 290
- 20
- 210
- 25
- 1116
- 1080
- 805
- 140
- 1840
- 5886
- 50
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