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 ₹5000 at 6% per year for 2 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹5600 at 2% per year for 2 years (in ₹)?
- 3.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹950. What is the loss (in ₹)?
- 4.What is 95% of 740?
- 5.What is 60% of 220?
- 6.What is the amount (principal + simple interest) on ₹7000 at 10% per year for 2 years (in ₹)?
- 7.A table bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 8.What is 60% of 460?
- 9.A watch costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 10.A table bought for ₹3100 is sold for ₹2325. What is the loss per cent?
- 11.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 5 years (in ₹)?
- 12.A cricket kit bought for ₹2000 is sold for ₹1200. What is the loss per cent?
- 13.What is the simple interest on ₹800 at 7% per year for 3 years (in ₹)?
- 14.A cricket kit bought for ₹2100 is sold for ₹2415. What is the profit per cent?
- 15.A fan costs ₹4000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 16.What is 85% of 180?
- 17.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹10. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹900 at 8% per year for 5 years (in ₹)?
- 19.A shopkeeper buys a table for ₹850 and sells it for ₹620. What is the loss (in ₹)?
- 20.A cricket kit costs ₹200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 21.What is 15% of 420?
- 22.What is 5% of 880?
- 23.The price of a bus pass changed from ₹80 to ₹120. What is the percentage increase?
- 24.The price of a bus pass changed from ₹50 to ₹95. What is the percentage increase?
- 25.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1850. What is the profit (in ₹)?
- 26.A table bought for ₹4000 is sold for ₹4600. What is the profit per cent?
- 27.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 4 years (in ₹)?
- 28.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
- 29.What is 90% of 700?
- 30.The price of a school bag changed from ₹80 to ₹100. What is the percentage increase?
- 31.The price of a pair of shoes changed from ₹40 to ₹52. What is the percentage increase?
- 32.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
- 33.A fan costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 34.What is the simple interest on ₹3900 at 3% per year for 4 years (in ₹)?
- 35.The price of a box of mangoes changed from ₹40 to ₹42. What is the percentage increase?
- 36.The price of a school bag changed from ₹50 to ₹10. What is the percentage decrease?
- 37.A cooler bought for ₹2100 is sold for ₹1995. What is the loss per cent?
- 38.What is the amount (principal + simple interest) on ₹8700 at 9% per year for 4 years (in ₹)?
- 39.A fan bought for ₹2600 is sold for ₹2990. What is the profit per cent?
- 40.The price of a bus pass changed from ₹250 to ₹255. What is the percentage increase?
Answer key
- 600
- 5824
- 300
- 703
- 132
- 8400
- 12
- 276
- 1050
- 25
- 3500
- 40
- 168
- 15
- 3200
- 153
- 190
- 1260
- 230
- 260
- 63
- 44
- 50
- 90
- 100
- 15
- 3168
- 40
- 630
- 25
- 30
- 30
- 3920
- 468
- 5
- 80
- 5
- 11832
- 15
- 2
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