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 ₹7000 at 6% per year for 4 years (in ₹)?
- 2.What is 20% of 140?
- 3.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 2 years (in ₹)?
- 4.A mobile phone bought for ₹2200 is sold for ₹2310. What is the profit per cent?
- 5.What is the simple interest on ₹3000 at 12% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹6100 at 4% per year for 1 year (in ₹)?
- 7.What is 90% of 920?
- 8.A table costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 9.The price of a water bottle changed from ₹400 to ₹700. What is the percentage increase?
- 10.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1650. What is the profit (in ₹)?
- 11.The price of a water bottle changed from ₹400 to ₹380. What is the percentage decrease?
- 12.What is the amount (principal + simple interest) on ₹800 at 10% per year for 5 years (in ₹)?
- 13.What is the simple interest on ₹5900 at 6% per year for 3 years (in ₹)?
- 14.What is 5% of 600?
- 15.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹930. What is the profit (in ₹)?
- 16.The price of a pair of shoes changed from ₹100 to ₹125. What is the percentage increase?
- 17.A table costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹7200 at 5% per year for 1 year (in ₹)?
- 19.The price of a box of mangoes changed from ₹50 to ₹60. What is the percentage increase?
- 20.What is 65% of 280?
- 21.What is the simple interest on ₹4700 at 5% per year for 1 year (in ₹)?
- 22.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2500. What is the profit (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹8600 at 4% per year for 5 years (in ₹)?
- 24.A watch bought for ₹3400 is sold for ₹3808. What is the profit per cent?
- 25.A cycle bought for ₹800 is sold for ₹1000. What is the profit per cent?
- 26.What is the simple interest on ₹6700 at 7% per year for 5 years (in ₹)?
- 27.A table costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 3 years (in ₹)?
- 29.The price of a bus pass changed from ₹250 to ₹245. What is the percentage decrease?
- 30.What is the amount (principal + simple interest) on ₹5400 at 7% per year for 1 year (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 2 years (in ₹)?
- 32.What is 55% of 920?
- 33.What is 40% of 160?
- 34.A shopkeeper buys a fan for ₹850 and sells it for ₹1040. What is the profit (in ₹)?
- 35.What is 80% of 560?
- 36.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1270. What is the profit (in ₹)?
- 37.A shopkeeper buys a cycle for ₹400 and sells it for ₹330. What is the loss (in ₹)?
- 38.A cycle costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.What is 5% of 320?
- 40.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 1 year (in ₹)?
Answer key
- 1680
- 28
- 2508
- 5
- 360
- 6344
- 828
- 3330
- 75
- 100
- 5
- 1200
- 1062
- 30
- 180
- 25
- 3625
- 360
- 20
- 182
- 235
- 150
- 10320
- 12
- 25
- 2345
- 650
- 6048
- 2
- 5778
- 7906
- 506
- 64
- 190
- 448
- 70
- 70
- 330
- 16
- 7918
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