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 15% of 980?
- 2.What is the simple interest on ₹4300 at 10% per year for 3 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹2600 at 5% per year for 2 years (in ₹)?
- 4.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1720. What is the loss (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 1 year (in ₹)?
- 6.What is the simple interest on ₹1400 at 12% per year for 5 years (in ₹)?
- 7.What is the simple interest on ₹6000 at 8% per year for 1 year (in ₹)?
- 8.What is the simple interest on ₹5500 at 5% per year for 2 years (in ₹)?
- 9.What is the simple interest on ₹600 at 9% per year for 2 years (in ₹)?
- 10.The price of a water bottle changed from ₹500 to ₹495. What is the percentage decrease?
- 11.What is 5% of 400?
- 12.A cycle bought for ₹2700 is sold for ₹2160. What is the loss per cent?
- 13.A watch costs ₹1500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 14.A watch bought for ₹4000 is sold for ₹2000. What is the loss per cent?
- 15.What is the simple interest on ₹1600 at 9% per year for 5 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹4100 at 10% per year for 5 years (in ₹)?
- 17.A cricket kit costs ₹2100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 4 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹600 at 12% per year for 5 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 2 years (in ₹)?
- 21.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
- 22.What is 75% of 760?
- 23.What is the amount (principal + simple interest) on ₹6000 at 11% per year for 4 years (in ₹)?
- 24.The price of a bus pass changed from ₹200 to ₹150. What is the percentage decrease?
- 25.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2980. What is the profit (in ₹)?
- 26.A shopkeeper buys a fan for ₹3000 and sells it for ₹3010. What is the profit (in ₹)?
- 27.A shopkeeper buys a watch for ₹950 and sells it for ₹920. What is the loss (in ₹)?
- 28.A cooler bought for ₹300 is sold for ₹264. What is the loss per cent?
- 29.A cricket kit bought for ₹2100 is sold for ₹2310. What is the profit per cent?
- 30.What is 15% of 140?
- 31.What is the simple interest on ₹8100 at 5% per year for 1 year (in ₹)?
- 32.The price of a cricket ball changed from ₹20 to ₹22. What is the percentage increase?
- 33.What is 20% of 680?
- 34.A cooler bought for ₹1400 is sold for ₹980. What is the loss per cent?
- 35.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
- 36.What is 75% of 860?
- 37.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹840. What is the loss (in ₹)?
- 38.What is 95% of 220?
- 39.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 4 years (in ₹)?
- 40.A cricket kit costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 147
- 1290
- 2860
- 80
- 7739
- 840
- 480
- 550
- 108
- 1
- 20
- 20
- 2250
- 50
- 720
- 6150
- 2205
- 7560
- 960
- 5208
- 90
- 570
- 8640
- 25
- 280
- 10
- 30
- 12
- 10
- 21
- 405
- 10
- 136
- 30
- 60
- 645
- 260
- 209
- 1920
- 784
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