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 ₹3100 at 4% per year for 5 years (in ₹)?
- 2.A shopkeeper buys a fan for ₹2700 and sells it for ₹2750. What is the profit (in ₹)?
- 3.The price of a box of mangoes changed from ₹400 to ₹720. What is the percentage increase?
- 4.What is the simple interest on ₹1300 at 7% per year for 5 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 5 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 2 years (in ₹)?
- 7.A cycle costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹3700 at 6% per year for 2 years (in ₹)?
- 9.What is 70% of 360?
- 10.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 5 years (in ₹)?
- 11.A shopkeeper buys a table for ₹1250 and sells it for ₹1290. What is the profit (in ₹)?
- 12.What is the simple interest on ₹7700 at 2% per year for 1 year (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹8800 at 10% per year for 5 years (in ₹)?
- 14.What is the simple interest on ₹2300 at 4% per year for 1 year (in ₹)?
- 15.A cricket kit bought for ₹1700 is sold for ₹1904. What is the profit per cent?
- 16.What is 85% of 460?
- 17.What is 30% of 640?
- 18.A mobile phone bought for ₹400 is sold for ₹460. What is the profit per cent?
- 19.A shopkeeper buys a watch for ₹850 and sells it for ₹1060. What is the profit (in ₹)?
- 20.What is the simple interest on ₹3800 at 7% per year for 5 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹3500 at 10% per year for 1 year (in ₹)?
- 22.A shopkeeper buys a cycle for ₹750 and sells it for ₹630. What is the loss (in ₹)?
- 23.A shopkeeper buys a cooler for ₹650 and sells it for ₹350. What is the loss (in ₹)?
- 24.A shopkeeper buys a table for ₹2350 and sells it for ₹2380. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹5700 at 2% per year for 2 years (in ₹)?
- 26.A table bought for ₹2500 is sold for ₹3000. What is the profit per cent?
- 27.A cycle costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 28.A cycle costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 29.A cooler costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a cricket kit for ₹1150 and sells it for ₹1030. What is the loss (in ₹)?
- 31.What is 10% of 40?
- 32.What is 60% of 260?
- 33.A cooler costs ₹2100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 34.A table bought for ₹3000 is sold for ₹4500. What is the profit per cent?
- 35.A cooler costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹9900 at 3% per year for 2 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹2500 at 4% per year for 1 year (in ₹)?
- 38.What is 30% of 440?
- 39.What is 60% of 320?
- 40.What is 75% of 760?
Answer key
- 620
- 50
- 80
- 455
- 1210
- 6384
- 1200
- 444
- 252
- 10800
- 40
- 154
- 13200
- 92
- 12
- 391
- 192
- 15
- 210
- 1330
- 3850
- 120
- 300
- 30
- 5928
- 20
- 1680
- 1600
- 1400
- 120
- 4
- 156
- 1848
- 50
- 2125
- 594
- 2600
- 132
- 192
- 570
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