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 10% of 140?
- 2.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1870. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹2700 at 2% per year for 4 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹6200 at 2% per year for 3 years (in ₹)?
- 5.A sewing machine costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 6.A sewing machine costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹800 at 2% per year for 2 years (in ₹)?
- 8.What is the simple interest on ₹9500 at 7% per year for 4 years (in ₹)?
- 9.The price of a water bottle changed from ₹100 to ₹95. What is the percentage decrease?
- 10.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
- 11.What is the simple interest on ₹2800 at 10% per year for 5 years (in ₹)?
- 12.A fan costs ₹2200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 13.What is 20% of 640?
- 14.What is the simple interest on ₹8300 at 3% per year for 4 years (in ₹)?
- 15.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1340. What is the loss (in ₹)?
- 16.What is 10% of 300?
- 17.What is the amount (principal + simple interest) on ₹2500 at 8% per year for 3 years (in ₹)?
- 18.What is the simple interest on ₹8000 at 6% per year for 1 year (in ₹)?
- 19.What is 20% of 320?
- 20.A cycle costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 21.What is 75% of 1000?
- 22.What is the simple interest on ₹3900 at 11% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹2600 at 11% per year for 2 years (in ₹)?
- 24.A cricket kit bought for ₹400 is sold for ₹440. What is the profit per cent?
- 25.A fan costs ₹1500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 26.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹320. What is the profit (in ₹)?
- 27.What is 60% of 320?
- 28.A shopkeeper buys a cycle for ₹3000 and sells it for ₹2870. What is the loss (in ₹)?
- 29.What is 95% of 480?
- 30.A table bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 31.What is the simple interest on ₹9000 at 2% per year for 1 year (in ₹)?
- 32.A mobile phone bought for ₹1600 is sold for ₹1760. What is the profit per cent?
- 33.The price of a bus pass changed from ₹500 to ₹525. What is the percentage increase?
- 34.What is the amount (principal + simple interest) on ₹1300 at 6% per year for 3 years (in ₹)?
- 35.A shopkeeper buys a fan for ₹350 and sells it for ₹290. What is the loss (in ₹)?
- 36.The price of a bus pass changed from ₹200 to ₹120. What is the percentage decrease?
- 37.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1840. What is the loss (in ₹)?
- 38.The price of a school bag changed from ₹400 to ₹396. What is the percentage decrease?
- 39.What is the simple interest on ₹5100 at 7% per year for 5 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹5300 at 7% per year for 1 year (in ₹)?
Answer key
- 14
- 120
- 2916
- 6572
- 240
- 2040
- 832
- 2660
- 5
- 50
- 1400
- 2530
- 128
- 996
- 110
- 30
- 3100
- 480
- 64
- 1750
- 750
- 429
- 572
- 10
- 1425
- 70
- 192
- 130
- 456
- 12
- 180
- 10
- 5
- 1534
- 60
- 40
- 60
- 1
- 1785
- 5671
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