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 amount (principal + simple interest) on ₹7300 at 11% per year for 1 year (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹8600 at 2% per year for 3 years (in ₹)?
- 3.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2810. What is the profit (in ₹)?
- 4.The price of a water bottle changed from ₹200 to ₹140. What is the percentage decrease?
- 5.A mobile phone costs ₹3900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 6.What is 15% of 300?
- 7.A mobile phone bought for ₹3000 is sold for ₹2700. What is the loss per cent?
- 8.What is 35% of 880?
- 9.A fan bought for ₹1800 is sold for ₹1440. What is the loss per cent?
- 10.What is the amount (principal + simple interest) on ₹6400 at 5% per year for 5 years (in ₹)?
- 11.What is the simple interest on ₹500 at 8% per year for 1 year (in ₹)?
- 12.A cycle costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 13.What is 90% of 240?
- 14.What is the amount (principal + simple interest) on ₹500 at 7% per year for 2 years (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1520. What is the loss (in ₹)?
- 16.A shopkeeper buys a table for ₹850 and sells it for ₹720. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹10000 at 9% per year for 4 years (in ₹)?
- 18.A shopkeeper buys a table for ₹2000 and sells it for ₹1730. What is the loss (in ₹)?
- 19.What is the simple interest on ₹8900 at 2% per year for 2 years (in ₹)?
- 20.What is the simple interest on ₹8700 at 10% per year for 3 years (in ₹)?
- 21.What is 90% of 300?
- 22.What is 15% of 600?
- 23.A sewing machine costs ₹3600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 25.What is the simple interest on ₹4600 at 2% per year for 2 years (in ₹)?
- 26.A sewing machine bought for ₹2300 is sold for ₹2760. What is the profit per cent?
- 27.A sewing machine bought for ₹2500 is sold for ₹2800. What is the profit per cent?
- 28.A watch costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 29.What is 20% of 1000?
- 30.What is the amount (principal + simple interest) on ₹4000 at 12% per year for 3 years (in ₹)?
- 31.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
- 32.What is the simple interest on ₹6500 at 7% per year for 1 year (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 3 years (in ₹)?
- 34.A shopkeeper buys a watch for ₹900 and sells it for ₹880. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹700 at 4% per year for 2 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 3 years (in ₹)?
- 37.A fan bought for ₹2800 is sold for ₹4200. What is the profit per cent?
- 38.What is the simple interest on ₹6200 at 5% per year for 1 year (in ₹)?
- 39.A cricket kit bought for ₹300 is sold for ₹210. What is the loss per cent?
- 40.What is 80% of 660?
Answer key
- 8103
- 9116
- 160
- 30
- 4368
- 45
- 10
- 308
- 20
- 8000
- 40
- 1000
- 216
- 570
- 80
- 130
- 13600
- 270
- 356
- 2610
- 270
- 90
- 3780
- 1200
- 184
- 20
- 12
- 1080
- 200
- 5440
- 40
- 455
- 4445
- 20
- 756
- 3472
- 50
- 310
- 30
- 528
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