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 ₹7300 at 5% per year for 3 years (in ₹)?
- 2.What is 15% of 420?
- 3.What is the amount (principal + simple interest) on ₹7200 at 10% per year for 4 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹900 at 4% per year for 3 years (in ₹)?
- 5.A fan bought for ₹1400 is sold for ₹1050. What is the loss per cent?
- 6.A shopkeeper buys a cycle for ₹450 and sells it for ₹280. What is the loss (in ₹)?
- 7.A cycle costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 8.A sewing machine costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 9.The price of a pair of shoes changed from ₹20 to ₹12. What is the percentage decrease?
- 10.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 4 years (in ₹)?
- 11.A cricket kit costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 12.The price of a cricket ball changed from ₹80 to ₹72. What is the percentage decrease?
- 13.The price of a school bag changed from ₹100 to ₹50. What is the percentage decrease?
- 14.What is 15% of 820?
- 15.The price of a box of mangoes changed from ₹20 to ₹15. What is the percentage decrease?
- 16.What is the simple interest on ₹4300 at 9% per year for 1 year (in ₹)?
- 17.What is 45% of 880?
- 18.A shopkeeper buys a cricket kit for ₹1150 and sells it for ₹1290. What is the profit (in ₹)?
- 19.A cycle bought for ₹800 is sold for ₹960. What is the profit per cent?
- 20.A cooler costs ₹3400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 21.What is 75% of 840?
- 22.The price of a cricket ball changed from ₹100 to ₹70. What is the percentage decrease?
- 23.The price of a cricket ball changed from ₹20 to ₹19. What is the percentage decrease?
- 24.A shopkeeper buys a table for ₹200 and sells it for ₹160. What is the loss (in ₹)?
- 25.The price of a cricket ball changed from ₹200 to ₹320. What is the percentage increase?
- 26.A watch costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 27.A cooler costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 28.What is 75% of 600?
- 29.A sewing machine costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 30.What is 45% of 40?
- 31.What is the amount (principal + simple interest) on ₹9400 at 8% per year for 1 year (in ₹)?
- 32.A table bought for ₹2100 is sold for ₹3150. What is the profit per cent?
- 33.A cooler costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 34.A fan bought for ₹3900 is sold for ₹5850. What is the profit per cent?
- 35.A shopkeeper buys a cycle for ₹200 and sells it for ₹340. What is the profit (in ₹)?
- 36.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹850. What is the profit (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹2400 at 6% per year for 1 year (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹4900 at 8% per year for 1 year (in ₹)?
- 39.A cooler costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹1300 at 2% per year for 3 years (in ₹)?
Answer key
- 1095
- 63
- 10080
- 1008
- 25
- 170
- 1170
- 3360
- 40
- 1452
- 4400
- 10
- 50
- 123
- 25
- 387
- 396
- 140
- 20
- 2550
- 630
- 30
- 5
- 40
- 60
- 990
- 1520
- 450
- 1200
- 18
- 10152
- 50
- 1650
- 50
- 140
- 300
- 2544
- 5292
- 2250
- 1378
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