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 ₹2300 at 8% per year for 3 years (in ₹)?
- 2.A shopkeeper buys a watch for ₹1250 and sells it for ₹1140. What is the loss (in ₹)?
- 3.A fan costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 4.What is 70% of 160?
- 5.A mobile phone costs ₹1000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 6.The price of a cricket ball changed from ₹500 to ₹125. What is the percentage decrease?
- 7.What is the amount (principal + simple interest) on ₹4300 at 6% per year for 2 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹4200 at 10% per year for 2 years (in ₹)?
- 9.A cooler bought for ₹2400 is sold for ₹1680. What is the loss per cent?
- 10.What is the simple interest on ₹5500 at 6% per year for 5 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 4 years (in ₹)?
- 12.What is 10% of 120?
- 13.A cricket kit costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹2000 at 3% per year for 2 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 3 years (in ₹)?
- 16.What is the simple interest on ₹500 at 2% per year for 2 years (in ₹)?
- 17.A cooler bought for ₹900 is sold for ₹1170. What is the profit per cent?
- 18.A cycle bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 19.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
- 20.What is 15% of 340?
- 21.What is the amount (principal + simple interest) on ₹8400 at 2% per year for 4 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹2400 at 9% per year for 1 year (in ₹)?
- 23.A cycle bought for ₹2800 is sold for ₹2240. What is the loss per cent?
- 24.What is 45% of 120?
- 25.A fan costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 26.A fan bought for ₹500 is sold for ₹375. What is the loss per cent?
- 27.What is the amount (principal + simple interest) on ₹6000 at 5% per year for 5 years (in ₹)?
- 28.A shopkeeper buys a fan for ₹1950 and sells it for ₹2100. What is the profit (in ₹)?
- 29.What is 20% of 400?
- 30.What is the amount (principal + simple interest) on ₹9700 at 11% per year for 3 years (in ₹)?
- 31.A fan bought for ₹1100 is sold for ₹1320. What is the profit per cent?
- 32.The price of a box of mangoes changed from ₹40 to ₹28. What is the percentage decrease?
- 33.What is the simple interest on ₹9400 at 12% per year for 1 year (in ₹)?
- 34.A mobile phone bought for ₹500 is sold for ₹375. What is the loss per cent?
- 35.What is the simple interest on ₹6800 at 4% per year for 3 years (in ₹)?
- 36.What is the simple interest on ₹4100 at 10% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2390. What is the profit (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹5600 at 12% per year for 1 year (in ₹)?
- 39.A shopkeeper buys a fan for ₹2750 and sells it for ₹2900. What is the profit (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 5 years (in ₹)?
Answer key
- 2852
- 110
- 880
- 112
- 750
- 75
- 4816
- 5040
- 30
- 1650
- 7668
- 12
- 420
- 120
- 6785
- 20
- 30
- 12
- 60
- 51
- 9072
- 2616
- 20
- 54
- 875
- 25
- 7500
- 150
- 80
- 12901
- 20
- 30
- 1128
- 25
- 816
- 2050
- 90
- 6272
- 150
- 12000
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