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 ₹8700 at 12% per year for 1 year (in ₹)?
- 2.What is 15% of 40?
- 3.A mobile phone bought for ₹3000 is sold for ₹3360. What is the profit per cent?
- 4.A watch bought for ₹2500 is sold for ₹3500. What is the profit per cent?
- 5.The price of a pair of shoes changed from ₹400 to ₹560. What is the percentage increase?
- 6.A table bought for ₹3300 is sold for ₹1980. What is the loss per cent?
- 7.What is 45% of 200?
- 8.A shopkeeper buys a fan for ₹1750 and sells it for ₹1540. What is the loss (in ₹)?
- 9.What is 20% of 240?
- 10.What is the amount (principal + simple interest) on ₹8000 at 8% per year for 4 years (in ₹)?
- 11.A watch costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 12.A cricket kit costs ₹1600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 13.What is 20% of 140?
- 14.What is the amount (principal + simple interest) on ₹9400 at 4% per year for 1 year (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹4000 at 8% per year for 5 years (in ₹)?
- 16.What is the simple interest on ₹7900 at 11% per year for 2 years (in ₹)?
- 17.The price of a cricket ball changed from ₹20 to ₹4. What is the percentage decrease?
- 18.A shopkeeper buys a table for ₹2500 and sells it for ₹2510. What is the profit (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹3800 at 6% per year for 3 years (in ₹)?
- 20.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1500. What is the loss (in ₹)?
- 21.The price of a water bottle changed from ₹100 to ₹99. What is the percentage decrease?
- 22.What is the simple interest on ₹1700 at 11% per year for 3 years (in ₹)?
- 23.A cycle costs ₹2200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 24.A shopkeeper buys a cycle for ₹350 and sells it for ₹320. What is the loss (in ₹)?
- 25.What is the simple interest on ₹7800 at 9% per year for 5 years (in ₹)?
- 26.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
- 27.A watch costs ₹200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹1400 at 2% per year for 2 years (in ₹)?
- 29.The price of a school bag changed from ₹100 to ₹101. What is the percentage increase?
- 30.What is 5% of 720?
- 31.What is the simple interest on ₹700 at 6% per year for 1 year (in ₹)?
- 32.A sewing machine costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 33.A cooler costs ₹1500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 34.What is 90% of 140?
- 35.A sewing machine costs ₹900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹5500 at 10% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a fan for ₹350 and sells it for ₹90. What is the loss (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹9500 at 12% per year for 2 years (in ₹)?
- 39.What is the simple interest on ₹4100 at 12% per year for 3 years (in ₹)?
- 40.What is 25% of 640?
Answer key
- 9744
- 6
- 12
- 40
- 40
- 40
- 90
- 210
- 48
- 10560
- 1020
- 1280
- 28
- 9776
- 5600
- 1738
- 80
- 10
- 4484
- 250
- 1
- 561
- 1100
- 30
- 3510
- 20
- 190
- 1456
- 1
- 36
- 42
- 450
- 2100
- 126
- 675
- 2200
- 260
- 11780
- 1476
- 160
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets