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 ₹3300 at 12% per year for 1 year (in ₹)?
- 2.A fan costs ₹3400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 3.A cricket kit bought for ₹1800 is sold for ₹1980. What is the profit per cent?
- 4.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1050. What is the loss (in ₹)?
- 5.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
- 6.What is the simple interest on ₹2100 at 8% per year for 1 year (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹1600 at 2% per year for 1 year (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹9900 at 5% per year for 5 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹4700 at 5% per year for 4 years (in ₹)?
- 10.A fan costs ₹3400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 11.What is 85% of 540?
- 12.A cooler costs ₹1500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 13.The price of a cricket ball changed from ₹40 to ₹48. What is the percentage increase?
- 14.A fan costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹900 at 7% per year for 3 years (in ₹)?
- 16.What is 70% of 200?
- 17.A fan costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹8500 at 7% per year for 4 years (in ₹)?
- 19.A table bought for ₹1600 is sold for ₹800. What is the loss per cent?
- 20.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?
- 21.A cricket kit bought for ₹4000 is sold for ₹4200. What is the profit per cent?
- 22.A sewing machine bought for ₹3200 is sold for ₹1920. What is the loss per cent?
- 23.A watch costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹9300 at 4% per year for 3 years (in ₹)?
- 25.A table costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 26.What is 20% of 380?
- 27.What is 5% of 200?
- 28.What is 20% of 40?
- 29.What is 45% of 620?
- 30.What is the amount (principal + simple interest) on ₹700 at 10% per year for 5 years (in ₹)?
- 31.A fan bought for ₹3300 is sold for ₹3960. What is the profit per cent?
- 32.A watch costs ₹2300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 33.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹770. What is the profit (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 4 years (in ₹)?
- 35.A sewing machine bought for ₹800 is sold for ₹480. What is the loss per cent?
- 36.What is the amount (principal + simple interest) on ₹6500 at 6% per year for 4 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹5300 at 2% per year for 5 years (in ₹)?
- 38.What is the simple interest on ₹7500 at 4% per year for 3 years (in ₹)?
- 39.A table bought for ₹2500 is sold for ₹2800. What is the profit per cent?
- 40.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
Answer key
- 3696
- 2380
- 10
- 300
- 20
- 168
- 1632
- 12375
- 5640
- 3230
- 459
- 1875
- 20
- 1265
- 189
- 140
- 1440
- 2380
- 50
- 30
- 5
- 40
- 1920
- 1116
- 550
- 76
- 10
- 8
- 279
- 1050
- 20
- 2070
- 20
- 3600
- 40
- 8060
- 5830
- 900
- 12
- 60
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