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 simple interest on ₹7000 at 6% per year for 1 year (in ₹)?
- 2.The price of a pair of shoes changed from ₹250 to ₹325. What is the percentage increase?
- 3.What is 10% of 920?
- 4.What is 30% of 180?
- 5.A watch bought for ₹500 is sold for ₹560. What is the profit per cent?
- 6.A shopkeeper buys a cooler for ₹350 and sells it for ₹650. What is the profit (in ₹)?
- 7.A watch bought for ₹500 is sold for ₹600. What is the profit per cent?
- 8.What is the simple interest on ₹5600 at 7% per year for 5 years (in ₹)?
- 9.What is 10% of 60?
- 10.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2330. What is the loss (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 5 years (in ₹)?
- 12.A shopkeeper buys a watch for ₹1100 and sells it for ₹1160. What is the profit (in ₹)?
- 13.What is 55% of 760?
- 14.A sewing machine costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 15.A cooler bought for ₹700 is sold for ₹560. What is the loss per cent?
- 16.What is the amount (principal + simple interest) on ₹9700 at 3% per year for 5 years (in ₹)?
- 17.A watch bought for ₹600 is sold for ₹450. What is the loss per cent?
- 18.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 1 year (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 4 years (in ₹)?
- 20.What is 80% of 140?
- 21.A watch costs ₹500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 22.A sewing machine costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 23.A shopkeeper buys a watch for ₹2500 and sells it for ₹2280. What is the loss (in ₹)?
- 24.A sewing machine bought for ₹2100 is sold for ₹1890. What is the loss per cent?
- 25.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 2 years (in ₹)?
- 26.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
- 27.What is the simple interest on ₹1000 at 12% per year for 1 year (in ₹)?
- 28.The price of a bus pass changed from ₹20 to ₹25. What is the percentage increase?
- 29.What is the simple interest on ₹5600 at 5% per year for 2 years (in ₹)?
- 30.A cooler costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹9500 at 7% per year for 1 year (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹1300 at 8% per year for 3 years (in ₹)?
- 33.What is the simple interest on ₹8100 at 3% per year for 5 years (in ₹)?
- 34.What is the simple interest on ₹8200 at 11% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹7600 at 4% per year for 1 year (in ₹)?
- 36.What is the simple interest on ₹3700 at 11% per year for 2 years (in ₹)?
- 37.What is the simple interest on ₹4600 at 4% per year for 2 years (in ₹)?
- 38.A table bought for ₹3300 is sold for ₹2475. What is the loss per cent?
- 39.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 1 year (in ₹)?
- 40.What is the simple interest on ₹700 at 3% per year for 1 year (in ₹)?
Answer key
- 420
- 30
- 92
- 54
- 12
- 300
- 20
- 1960
- 6
- 20
- 1430
- 60
- 418
- 900
- 20
- 11155
- 25
- 3914
- 11520
- 112
- 575
- 3000
- 220
- 10
- 5830
- 25
- 120
- 25
- 560
- 920
- 665
- 1612
- 1215
- 902
- 304
- 814
- 368
- 25
- 11000
- 21
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