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 2% per year for 1 year (in ₹)?
- 2.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹340. What is the profit (in ₹)?
- 3.A mobile phone bought for ₹3400 is sold for ₹3910. What is the profit per cent?
- 4.What is the simple interest on ₹9100 at 5% per year for 1 year (in ₹)?
- 5.A watch bought for ₹600 is sold for ₹510. What is the loss per cent?
- 6.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 7.What is 30% of 220?
- 8.A cricket kit bought for ₹1200 is sold for ₹1320. What is the profit per cent?
- 9.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1460. What is the loss (in ₹)?
- 10.A shopkeeper buys a table for ₹2700 and sells it for ₹2410. What is the loss (in ₹)?
- 11.A mobile phone costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 12.What is the simple interest on ₹5000 at 10% per year for 1 year (in ₹)?
- 13.The price of a water bottle changed from ₹50 to ₹49. What is the percentage decrease?
- 14.What is 20% of 540?
- 15.A shopkeeper buys a cycle for ₹650 and sells it for ₹350. What is the loss (in ₹)?
- 16.What is the simple interest on ₹8400 at 12% per year for 2 years (in ₹)?
- 17.What is the simple interest on ₹6500 at 10% per year for 4 years (in ₹)?
- 18.A mobile phone bought for ₹1200 is sold for ₹1080. What is the loss per cent?
- 19.What is the amount (principal + simple interest) on ₹4300 at 12% per year for 4 years (in ₹)?
- 20.The price of a bus pass changed from ₹20 to ₹2. What is the percentage decrease?
- 21.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2640. What is the profit (in ₹)?
- 22.What is the simple interest on ₹9300 at 7% per year for 3 years (in ₹)?
- 23.A shopkeeper buys a fan for ₹2050 and sells it for ₹1790. What is the loss (in ₹)?
- 24.What is 5% of 560?
- 25.What is 25% of 200?
- 26.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
- 27.A fan bought for ₹1300 is sold for ₹650. What is the loss per cent?
- 28.A shopkeeper buys a fan for ₹2650 and sells it for ₹2360. What is the loss (in ₹)?
- 29.What is the simple interest on ₹3700 at 7% per year for 3 years (in ₹)?
- 30.A sewing machine bought for ₹1500 is sold for ₹1575. What is the profit per cent?
- 31.What is the simple interest on ₹500 at 10% per year for 2 years (in ₹)?
- 32.The price of a water bottle changed from ₹400 to ₹160. What is the percentage decrease?
- 33.A table costs ₹1400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 34.What is 35% of 860?
- 35.What is the amount (principal + simple interest) on ₹1000 at 9% per year for 2 years (in ₹)?
- 36.What is 55% of 180?
- 37.What is the simple interest on ₹6400 at 5% per year for 3 years (in ₹)?
- 38.The price of a water bottle changed from ₹400 to ₹500. What is the percentage increase?
- 39.A cooler costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a fan for ₹2950 and sells it for ₹3180. What is the profit (in ₹)?
Answer key
- 2346
- 140
- 15
- 455
- 15
- 40
- 66
- 10
- 190
- 290
- 3625
- 500
- 2
- 108
- 300
- 2016
- 2600
- 10
- 6364
- 90
- 90
- 1953
- 260
- 28
- 50
- 20
- 50
- 290
- 777
- 5
- 100
- 60
- 1680
- 301
- 1180
- 99
- 960
- 25
- 945
- 230
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