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 ₹5400 at 3% per year for 3 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹3400 at 2% per year for 1 year (in ₹)?
- 3.A mobile phone costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 4.The price of a cricket ball changed from ₹20 to ₹28. What is the percentage increase?
- 5.A table costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹2700 at 6% per year for 4 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹6400 at 8% per year for 5 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹500 at 12% per year for 1 year (in ₹)?
- 9.What is the simple interest on ₹6800 at 7% per year for 2 years (in ₹)?
- 10.What is 15% of 780?
- 11.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹1910. What is the profit (in ₹)?
- 12.The price of a bus pass changed from ₹500 to ₹300. What is the percentage decrease?
- 13.A table bought for ₹1700 is sold for ₹1190. What is the loss per cent?
- 14.What is the amount (principal + simple interest) on ₹3000 at 11% per year for 1 year (in ₹)?
- 15.What is 65% of 260?
- 16.A fan costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹7300 at 2% per year for 5 years (in ₹)?
- 18.What is 25% of 360?
- 19.A mobile phone costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 20.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1570. What is the loss (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 1 year (in ₹)?
- 22.What is the simple interest on ₹4900 at 12% per year for 5 years (in ₹)?
- 23.A table costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 24.What is 60% of 160?
- 25.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹970. What is the loss (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹9800 at 2% per year for 4 years (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2290. What is the loss (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 2 years (in ₹)?
- 29.A shopkeeper buys a cooler for ₹350 and sells it for ₹340. What is the loss (in ₹)?
- 30.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹320. What is the loss (in ₹)?
- 31.A shopkeeper buys a cycle for ₹750 and sells it for ₹970. What is the profit (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 2 years (in ₹)?
- 33.What is 75% of 60?
- 34.The price of a bus pass changed from ₹80 to ₹56. What is the percentage decrease?
- 35.A cycle costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a cooler for ₹300 and sells it for ₹120. What is the loss (in ₹)?
- 37.What is the simple interest on ₹5800 at 8% per year for 4 years (in ₹)?
- 38.A cooler bought for ₹2200 is sold for ₹1936. What is the loss per cent?
- 39.What is the simple interest on ₹4900 at 12% per year for 4 years (in ₹)?
- 40.A cooler costs ₹2000. It is sold at a 15% profit. What is the selling price (in ₹)?
Answer key
- 486
- 3468
- 1540
- 40
- 2475
- 648
- 8960
- 560
- 952
- 117
- 60
- 40
- 30
- 3330
- 169
- 1200
- 8030
- 90
- 1650
- 30
- 2288
- 2940
- 792
- 96
- 130
- 10584
- 160
- 1534
- 10
- 230
- 220
- 1276
- 45
- 30
- 2340
- 180
- 1856
- 12
- 2352
- 2300
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