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 simple interest on ₹2800 at 6% per year for 4 years (in ₹)?
- 2.What is 35% of 240?
- 3.What is 95% of 560?
- 4.What is the simple interest on ₹6600 at 4% per year for 5 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8800 at 10% per year for 4 years (in ₹)?
- 6.A table costs ₹3700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.A fan costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹2300 at 4% per year for 1 year (in ₹)?
- 9.A cooler costs ₹3200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a table for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
- 11.What is the simple interest on ₹9700 at 7% per year for 3 years (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 4 years (in ₹)?
- 13.What is 45% of 920?
- 14.A watch bought for ₹1500 is sold for ₹1950. What is the profit per cent?
- 15.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 2 years (in ₹)?
- 16.A fan bought for ₹2900 is sold for ₹2552. What is the loss per cent?
- 17.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
- 18.What is 75% of 600?
- 19.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹3050. What is the profit (in ₹)?
- 20.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1230. What is the loss (in ₹)?
- 21.What is the simple interest on ₹2500 at 7% per year for 1 year (in ₹)?
- 22.What is the simple interest on ₹7000 at 12% per year for 3 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 3 years (in ₹)?
- 24.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 25.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹520. What is the loss (in ₹)?
- 26.What is the simple interest on ₹4500 at 5% per year for 1 year (in ₹)?
- 27.A fan costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 28.A shopkeeper buys a table for ₹1750 and sells it for ₹1820. What is the profit (in ₹)?
- 29.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
- 30.A sewing machine bought for ₹400 is sold for ₹352. What is the loss per cent?
- 31.A mobile phone bought for ₹600 is sold for ₹570. What is the loss per cent?
- 32.What is 75% of 200?
- 33.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 2 years (in ₹)?
- 34.What is the simple interest on ₹900 at 5% per year for 3 years (in ₹)?
- 35.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹690. What is the loss (in ₹)?
- 36.A shopkeeper buys a watch for ₹1950 and sells it for ₹1780. What is the loss (in ₹)?
- 37.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1380. What is the loss (in ₹)?
- 38.The price of a cricket ball changed from ₹400 to ₹720. What is the percentage increase?
- 39.What is the simple interest on ₹8000 at 6% per year for 5 years (in ₹)?
- 40.A shopkeeper buys a table for ₹2500 and sells it for ₹2700. What is the profit (in ₹)?
Answer key
- 672
- 84
- 532
- 1320
- 12320
- 4625
- 450
- 92
- 3680
- 160
- 2037
- 12032
- 414
- 30
- 6042
- 12
- 20
- 450
- 200
- 20
- 175
- 2520
- 2356
- 20
- 180
- 225
- 2280
- 70
- 80
- 12
- 5
- 150
- 2760
- 135
- 60
- 170
- 270
- 80
- 2400
- 200
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