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 90% of 860?
- 2.A cycle bought for ₹3600 is sold for ₹5400. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹1900 at 7% per year for 2 years (in ₹)?
- 4.A table costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 5.A watch bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 6.What is the simple interest on ₹7600 at 10% per year for 4 years (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹430. What is the loss (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 3 years (in ₹)?
- 9.What is the simple interest on ₹7300 at 3% per year for 1 year (in ₹)?
- 10.What is 25% of 240?
- 11.What is the amount (principal + simple interest) on ₹4200 at 9% per year for 4 years (in ₹)?
- 12.What is the simple interest on ₹7400 at 12% per year for 4 years (in ₹)?
- 13.A table costs ₹2600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 14.What is 20% of 900?
- 15.What is the simple interest on ₹2500 at 8% per year for 5 years (in ₹)?
- 16.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1980. What is the profit (in ₹)?
- 17.A shopkeeper buys a watch for ₹800 and sells it for ₹540. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹4100 at 4% per year for 5 years (in ₹)?
- 19.What is the simple interest on ₹7100 at 4% per year for 2 years (in ₹)?
- 20.What is 75% of 120?
- 21.What is 95% of 900?
- 22.A mobile phone costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹8500 at 2% per year for 4 years (in ₹)?
- 24.A shopkeeper buys a fan for ₹2950 and sells it for ₹2710. What is the loss (in ₹)?
- 25.The price of a school bag changed from ₹100 to ₹160. What is the percentage increase?
- 26.A table bought for ₹1900 is sold for ₹2470. What is the profit per cent?
- 27.What is the simple interest on ₹5200 at 5% per year for 5 years (in ₹)?
- 28.What is 40% of 560?
- 29.What is the amount (principal + simple interest) on ₹9400 at 11% per year for 3 years (in ₹)?
- 30.The price of a box of mangoes changed from ₹50 to ₹75. What is the percentage increase?
- 31.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 5 years (in ₹)?
- 32.What is 75% of 960?
- 33.What is the amount (principal + simple interest) on ₹6600 at 3% per year for 1 year (in ₹)?
- 34.What is 15% of 100?
- 35.What is the simple interest on ₹6100 at 5% per year for 5 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3900 at 5% per year for 1 year (in ₹)?
- 37.What is the simple interest on ₹6500 at 12% per year for 4 years (in ₹)?
- 38.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2920. What is the profit (in ₹)?
- 39.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2400. What is the profit (in ₹)?
- 40.What is 45% of 880?
Answer key
- 774
- 50
- 2166
- 1105
- 12
- 3040
- 220
- 2660
- 219
- 60
- 5712
- 3552
- 1950
- 180
- 1000
- 130
- 260
- 4920
- 568
- 90
- 855
- 2160
- 9180
- 240
- 60
- 30
- 1300
- 224
- 12502
- 50
- 7475
- 720
- 6798
- 15
- 1525
- 4095
- 3120
- 220
- 250
- 396
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