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 ₹4300 at 9% per year for 1 year (in ₹)?
- 2.The price of a water bottle changed from ₹200 to ₹180. What is the percentage decrease?
- 3.A fan costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 4.What is 45% of 800?
- 5.What is 85% of 820?
- 6.The price of a box of mangoes changed from ₹400 to ₹392. What is the percentage decrease?
- 7.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2820. What is the profit (in ₹)?
- 8.What is 5% of 660?
- 9.A watch costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹7100 at 4% per year for 2 years (in ₹)?
- 11.What is 30% of 620?
- 12.A cycle costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1710. What is the loss (in ₹)?
- 14.What is the simple interest on ₹9600 at 4% per year for 1 year (in ₹)?
- 15.What is the simple interest on ₹2300 at 10% per year for 1 year (in ₹)?
- 16.What is 90% of 260?
- 17.What is the simple interest on ₹7900 at 8% per year for 1 year (in ₹)?
- 18.A cycle bought for ₹700 is sold for ₹1050. What is the profit per cent?
- 19.What is 35% of 360?
- 20.What is the amount (principal + simple interest) on ₹900 at 9% per year for 4 years (in ₹)?
- 21.A fan bought for ₹2500 is sold for ₹3250. What is the profit per cent?
- 22.A cycle costs ₹2500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 23.A fan costs ₹700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1400 at 11% per year for 3 years (in ₹)?
- 25.A cooler bought for ₹2500 is sold for ₹3125. What is the profit per cent?
- 26.What is the simple interest on ₹9200 at 3% per year for 2 years (in ₹)?
- 27.The price of a school bag changed from ₹500 to ₹700. What is the percentage increase?
- 28.A shopkeeper buys a cooler for ₹950 and sells it for ₹1210. What is the profit (in ₹)?
- 29.What is the simple interest on ₹9800 at 3% per year for 1 year (in ₹)?
- 30.What is the simple interest on ₹4000 at 6% per year for 1 year (in ₹)?
- 31.What is the simple interest on ₹1800 at 2% per year for 4 years (in ₹)?
- 32.What is 45% of 640?
- 33.A sewing machine bought for ₹1800 is sold for ₹2250. What is the profit per cent?
- 34.A shopkeeper buys a watch for ₹2050 and sells it for ₹2080. What is the profit (in ₹)?
- 35.A watch bought for ₹3800 is sold for ₹4370. What is the profit per cent?
- 36.What is 5% of 960?
- 37.A mobile phone bought for ₹2500 is sold for ₹2375. What is the loss per cent?
- 38.A fan costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹3000 at 6% per year for 1 year (in ₹)?
- 40.The price of a cricket ball changed from ₹400 to ₹408. What is the percentage increase?
Answer key
- 387
- 10
- 1000
- 360
- 697
- 2
- 120
- 33
- 4144
- 7668
- 186
- 4030
- 190
- 384
- 230
- 234
- 632
- 50
- 126
- 1224
- 30
- 2000
- 525
- 1862
- 25
- 552
- 40
- 260
- 294
- 240
- 144
- 288
- 25
- 30
- 15
- 48
- 5
- 900
- 3180
- 2
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