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 ₹7200 at 5% per year for 2 years (in ₹)?
- 2.What is the simple interest on ₹3100 at 12% per year for 4 years (in ₹)?
- 3.The price of a school bag changed from ₹250 to ₹175. What is the percentage decrease?
- 4.A table costs ₹900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 3 years (in ₹)?
- 6.What is 15% of 280?
- 7.What is the simple interest on ₹5100 at 2% per year for 1 year (in ₹)?
- 8.What is 45% of 280?
- 9.A table bought for ₹1800 is sold for ₹1890. What is the profit per cent?
- 10.A shopkeeper buys a fan for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
- 11.What is 35% of 340?
- 12.What is the amount (principal + simple interest) on ₹5800 at 9% per year for 4 years (in ₹)?
- 13.A shopkeeper buys a cooler for ₹200 and sells it for ₹250. What is the profit (in ₹)?
- 14.What is the simple interest on ₹3500 at 10% per year for 4 years (in ₹)?
- 15.What is 55% of 580?
- 16.What is the amount (principal + simple interest) on ₹1700 at 6% per year for 3 years (in ₹)?
- 17.A cricket kit costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 18.A cycle costs ₹1700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 19.A watch costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 3 years (in ₹)?
- 21.The price of a pair of shoes changed from ₹500 to ₹50. What is the percentage decrease?
- 22.What is 5% of 620?
- 23.What is 10% of 60?
- 24.What is the amount (principal + simple interest) on ₹7100 at 3% per year for 3 years (in ₹)?
- 25.A sewing machine costs ₹3700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 26.A mobile phone bought for ₹1200 is sold for ₹1056. What is the loss per cent?
- 27.What is the simple interest on ₹800 at 10% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a fan for ₹1800 and sells it for ₹1760. What is the loss (in ₹)?
- 29.What is the simple interest on ₹2900 at 6% per year for 1 year (in ₹)?
- 30.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2420. What is the loss (in ₹)?
- 31.What is the simple interest on ₹2000 at 2% per year for 4 years (in ₹)?
- 32.A watch costs ₹1300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 33.The price of a cricket ball changed from ₹500 to ₹750. What is the percentage increase?
- 34.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
- 35.A shopkeeper buys a watch for ₹1900 and sells it for ₹1610. What is the loss (in ₹)?
- 36.What is 95% of 720?
- 37.What is the simple interest on ₹6200 at 5% per year for 4 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹6500 at 9% per year for 4 years (in ₹)?
- 39.What is 75% of 620?
- 40.What is 5% of 900?
Answer key
- 720
- 1488
- 30
- 720
- 2576
- 42
- 102
- 126
- 5
- 10
- 119
- 7888
- 50
- 1400
- 319
- 2006
- 2310
- 2550
- 280
- 1364
- 90
- 31
- 6
- 7739
- 1850
- 12
- 80
- 40
- 174
- 230
- 160
- 650
- 50
- 40
- 290
- 684
- 1240
- 8840
- 465
- 45
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