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 ₹5600 at 12% per year for 4 years (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹1060. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 5 years (in ₹)?
- 4.What is the simple interest on ₹5700 at 9% per year for 3 years (in ₹)?
- 5.A sewing machine costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 6.A shopkeeper buys a fan for ₹2600 and sells it for ₹2520. What is the loss (in ₹)?
- 7.What is the simple interest on ₹2900 at 12% per year for 2 years (in ₹)?
- 8.What is the simple interest on ₹10000 at 5% per year for 5 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 3 years (in ₹)?
- 10.The price of a box of mangoes changed from ₹500 to ₹200. What is the percentage decrease?
- 11.The price of a water bottle changed from ₹100 to ₹95. What is the percentage decrease?
- 12.A table bought for ₹2300 is sold for ₹2070. What is the loss per cent?
- 13.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 5 years (in ₹)?
- 14.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
- 15.A shopkeeper buys a cycle for ₹1950 and sells it for ₹1870. What is the loss (in ₹)?
- 16.What is 10% of 660?
- 17.The price of a box of mangoes changed from ₹250 to ₹255. What is the percentage increase?
- 18.What is 15% of 640?
- 19.What is the amount (principal + simple interest) on ₹4000 at 10% per year for 5 years (in ₹)?
- 20.A shopkeeper buys a watch for ₹1850 and sells it for ₹1960. What is the profit (in ₹)?
- 21.A watch bought for ₹1300 is sold for ₹1456. What is the profit per cent?
- 22.A fan bought for ₹1100 is sold for ₹1540. What is the profit per cent?
- 23.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
- 24.What is the simple interest on ₹7800 at 9% per year for 2 years (in ₹)?
- 25.The price of a cricket ball changed from ₹40 to ₹72. What is the percentage increase?
- 26.What is 10% of 440?
- 27.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
- 28.A shopkeeper buys a cycle for ₹2000 and sells it for ₹2120. What is the profit (in ₹)?
- 29.What is 15% of 240?
- 30.What is 15% of 580?
- 31.What is the simple interest on ₹5600 at 7% per year for 5 years (in ₹)?
- 32.A watch costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 33.What is 95% of 760?
- 34.What is the amount (principal + simple interest) on ₹700 at 5% per year for 4 years (in ₹)?
- 35.What is 85% of 920?
- 36.What is the simple interest on ₹1900 at 9% per year for 4 years (in ₹)?
- 37.A watch costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 38.A fan bought for ₹2900 is sold for ₹3770. What is the profit per cent?
- 39.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 3 years (in ₹)?
- 40.A shopkeeper buys a cooler for ₹250 and sells it for ₹290. What is the profit (in ₹)?
Answer key
- 2688
- 10
- 6975
- 1539
- 1350
- 80
- 696
- 2500
- 7705
- 60
- 5
- 10
- 4320
- 60
- 80
- 66
- 2
- 96
- 6000
- 110
- 12
- 40
- 30
- 1404
- 80
- 44
- 20
- 120
- 36
- 87
- 1960
- 3500
- 722
- 840
- 782
- 684
- 1904
- 30
- 3770
- 40
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