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 ₹7700 at 3% per year for 3 years (in ₹)?
- 2.What is the simple interest on ₹3100 at 4% per year for 1 year (in ₹)?
- 3.What is 90% of 540?
- 4.What is the amount (principal + simple interest) on ₹9400 at 3% per year for 1 year (in ₹)?
- 5.A cricket kit costs ₹2800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 6.A mobile phone costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹7900 at 5% per year for 1 year (in ₹)?
- 8.What is 30% of 660?
- 9.What is the simple interest on ₹4400 at 5% per year for 4 years (in ₹)?
- 10.A shopkeeper buys a fan for ₹250 and sells it for ₹170. What is the loss (in ₹)?
- 11.The price of a school bag changed from ₹400 to ₹560. What is the percentage increase?
- 12.A shopkeeper buys a cooler for ₹2150 and sells it for ₹2030. What is the loss (in ₹)?
- 13.What is 65% of 340?
- 14.A cooler bought for ₹3800 is sold for ₹1900. What is the loss per cent?
- 15.A fan bought for ₹1000 is sold for ₹850. What is the loss per cent?
- 16.What is the simple interest on ₹9800 at 8% per year for 4 years (in ₹)?
- 17.The price of a pair of shoes changed from ₹20 to ₹30. What is the percentage increase?
- 18.What is 75% of 520?
- 19.A shopkeeper buys a table for ₹650 and sells it for ₹710. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8500 at 5% per year for 1 year (in ₹)?
- 21.What is 5% of 180?
- 22.A cricket kit bought for ₹2100 is sold for ₹2352. What is the profit per cent?
- 23.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 3 years (in ₹)?
- 24.A cycle costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 25.A cooler costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 26.A watch costs ₹3700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹4900 at 6% per year for 2 years (in ₹)?
- 28.What is the simple interest on ₹8900 at 3% per year for 5 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹500 at 4% per year for 1 year (in ₹)?
- 30.A cricket kit costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 31.The price of a pair of shoes changed from ₹500 to ₹900. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹4700 at 2% per year for 4 years (in ₹)?
- 33.What is 95% of 240?
- 34.A sewing machine bought for ₹2500 is sold for ₹2200. What is the loss per cent?
- 35.The price of a pair of shoes changed from ₹50 to ₹51. What is the percentage increase?
- 36.A cricket kit costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 37.What is 70% of 60?
- 38.What is 5% of 240?
- 39.What is 95% of 600?
- 40.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 2 years (in ₹)?
Answer key
- 8393
- 124
- 486
- 9682
- 2240
- 4200
- 8295
- 198
- 880
- 80
- 40
- 120
- 221
- 50
- 15
- 3136
- 50
- 390
- 60
- 8925
- 9
- 12
- 5985
- 1450
- 240
- 4070
- 5488
- 1335
- 520
- 1680
- 80
- 5076
- 228
- 12
- 2
- 700
- 42
- 12
- 570
- 10384
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