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 ₹2200 at 9% per year for 1 year (in ₹)?
- 2.A shopkeeper buys a fan for ₹400 and sells it for ₹680. What is the profit (in ₹)?
- 3.A cooler bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 4.What is 75% of 580?
- 5.What is the simple interest on ₹900 at 2% per year for 4 years (in ₹)?
- 6.A mobile phone costs ₹1000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 7.A cooler costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹700 at 5% per year for 5 years (in ₹)?
- 9.What is 95% of 660?
- 10.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 1 year (in ₹)?
- 11.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1520. What is the profit (in ₹)?
- 12.What is the simple interest on ₹6800 at 12% per year for 2 years (in ₹)?
- 13.A cycle costs ₹1900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 14.What is 40% of 200?
- 15.A cooler bought for ₹3600 is sold for ₹1800. What is the loss per cent?
- 16.What is 15% of 560?
- 17.What is the amount (principal + simple interest) on ₹1500 at 12% per year for 2 years (in ₹)?
- 18.What is 45% of 840?
- 19.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1180. What is the profit (in ₹)?
- 20.What is 45% of 520?
- 21.What is the simple interest on ₹7200 at 4% per year for 5 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹9900 at 11% per year for 2 years (in ₹)?
- 23.The price of a bus pass changed from ₹20 to ₹5. What is the percentage decrease?
- 24.A watch bought for ₹3400 is sold for ₹3060. What is the loss per cent?
- 25.What is the amount (principal + simple interest) on ₹2100 at 9% per year for 2 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹5300 at 10% per year for 4 years (in ₹)?
- 27.A mobile phone bought for ₹400 is sold for ₹280. What is the loss per cent?
- 28.A cooler costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a fan for ₹850 and sells it for ₹940. What is the profit (in ₹)?
- 30.A fan bought for ₹2900 is sold for ₹4060. What is the profit per cent?
- 31.A fan bought for ₹400 is sold for ₹300. What is the loss per cent?
- 32.A shopkeeper buys a fan for ₹2300 and sells it for ₹2290. What is the loss (in ₹)?
- 33.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1520. What is the profit (in ₹)?
- 34.A cooler bought for ₹200 is sold for ₹220. What is the profit per cent?
- 35.What is 80% of 120?
- 36.A cooler bought for ₹500 is sold for ₹600. What is the profit per cent?
- 37.What is the amount (principal + simple interest) on ₹600 at 8% per year for 4 years (in ₹)?
- 38.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
- 39.What is the amount (principal + simple interest) on ₹6700 at 4% per year for 3 years (in ₹)?
- 40.A sewing machine costs ₹200. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 2398
- 280
- 5
- 435
- 72
- 1120
- 140
- 175
- 627
- 9592
- 120
- 1632
- 1995
- 80
- 50
- 84
- 1860
- 378
- 130
- 234
- 1440
- 12078
- 75
- 10
- 2478
- 7420
- 30
- 2100
- 90
- 40
- 25
- 10
- 20
- 10
- 96
- 20
- 792
- 75
- 7504
- 190
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