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 ₹2400 at 5% per year for 2 years (in ₹)?
- 2.What is the simple interest on ₹9200 at 6% per year for 4 years (in ₹)?
- 3.What is 85% of 760?
- 4.What is the amount (principal + simple interest) on ₹8100 at 3% per year for 1 year (in ₹)?
- 5.A watch costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 6.The price of a water bottle changed from ₹20 to ₹30. What is the percentage increase?
- 7.A fan bought for ₹3400 is sold for ₹2720. What is the loss per cent?
- 8.What is 80% of 860?
- 9.What is 40% of 160?
- 10.A table costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹5500 at 12% per year for 4 years (in ₹)?
- 12.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2440. What is the loss (in ₹)?
- 13.A fan costs ₹2600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 14.The price of a box of mangoes changed from ₹50 to ₹30. What is the percentage decrease?
- 15.A watch bought for ₹1800 is sold for ₹1980. What is the profit per cent?
- 16.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 5 years (in ₹)?
- 17.What is 40% of 1000?
- 18.A cycle costs ₹2200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 19.A cycle costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 20.A shopkeeper buys a cooler for ₹300 and sells it for ₹150. What is the loss (in ₹)?
- 21.What is 25% of 880?
- 22.What is the simple interest on ₹4300 at 4% per year for 1 year (in ₹)?
- 23.The price of a pair of shoes changed from ₹250 to ₹25. What is the percentage decrease?
- 24.What is the simple interest on ₹4100 at 12% per year for 4 years (in ₹)?
- 25.What is the simple interest on ₹7900 at 10% per year for 3 years (in ₹)?
- 26.What is 65% of 980?
- 27.A fan costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 28.A cooler bought for ₹3600 is sold for ₹3168. What is the loss per cent?
- 29.What is 45% of 840?
- 30.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 2 years (in ₹)?
- 31.A sewing machine costs ₹1900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹7200 at 5% per year for 2 years (in ₹)?
- 33.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1930. What is the profit (in ₹)?
- 34.A cricket kit bought for ₹2400 is sold for ₹1680. What is the loss per cent?
- 35.A shopkeeper buys a cycle for ₹650 and sells it for ₹760. What is the profit (in ₹)?
- 36.A shopkeeper buys a cycle for ₹1000 and sells it for ₹990. What is the loss (in ₹)?
- 37.A table costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 38.What is 15% of 480?
- 39.What is 5% of 520?
- 40.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹560. What is the loss (in ₹)?
Answer key
- 2640
- 2208
- 646
- 8343
- 4875
- 50
- 20
- 688
- 64
- 1000
- 2640
- 10
- 1950
- 40
- 10
- 11160
- 400
- 1100
- 240
- 150
- 220
- 172
- 90
- 1968
- 2370
- 637
- 3570
- 12
- 378
- 9130
- 2470
- 720
- 180
- 30
- 110
- 10
- 3325
- 72
- 26
- 290
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