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 ₹9700 at 4% per year for 5 years (in ₹)?
- 2.A watch bought for ₹3800 is sold for ₹4940. What is the profit per cent?
- 3.The price of a cricket ball changed from ₹100 to ₹98. What is the percentage decrease?
- 4.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2490. What is the profit (in ₹)?
- 5.What is the simple interest on ₹8800 at 2% per year for 1 year (in ₹)?
- 6.The price of a cricket ball changed from ₹25 to ₹10. What is the percentage decrease?
- 7.A shopkeeper buys a table for ₹700 and sells it for ₹530. What is the loss (in ₹)?
- 8.What is the simple interest on ₹3800 at 8% per year for 5 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 3 years (in ₹)?
- 10.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
- 11.What is the amount (principal + simple interest) on ₹2400 at 4% per year for 3 years (in ₹)?
- 12.A watch bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 13.The price of a box of mangoes changed from ₹20 to ₹21. What is the percentage increase?
- 14.What is the amount (principal + simple interest) on ₹3700 at 7% per year for 1 year (in ₹)?
- 15.What is 5% of 440?
- 16.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2580. What is the profit (in ₹)?
- 17.What is the simple interest on ₹7300 at 5% per year for 4 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹7200 at 3% per year for 3 years (in ₹)?
- 19.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
- 20.A shopkeeper buys a cooler for ₹1850 and sells it for ₹1910. What is the profit (in ₹)?
- 21.A watch bought for ₹1800 is sold for ₹1890. What is the profit per cent?
- 22.A table bought for ₹1800 is sold for ₹1350. What is the loss per cent?
- 23.What is 55% of 820?
- 24.A table costs ₹3900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2400 at 7% per year for 3 years (in ₹)?
- 26.What is 60% of 220?
- 27.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 2 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹700 at 11% per year for 2 years (in ₹)?
- 29.The price of a box of mangoes changed from ₹20 to ₹26. What is the percentage increase?
- 30.What is the amount (principal + simple interest) on ₹1200 at 6% per year for 5 years (in ₹)?
- 31.A shopkeeper buys a fan for ₹2850 and sells it for ₹2750. What is the loss (in ₹)?
- 32.What is 40% of 720?
- 33.What is the simple interest on ₹5300 at 2% per year for 4 years (in ₹)?
- 34.A fan bought for ₹1700 is sold for ₹1190. What is the loss per cent?
- 35.The price of a bus pass changed from ₹40 to ₹70. What is the percentage increase?
- 36.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
- 37.A shopkeeper buys a fan for ₹1950 and sells it for ₹1880. What is the loss (in ₹)?
- 38.The price of a school bag changed from ₹40 to ₹8. What is the percentage decrease?
- 39.A shopkeeper buys a table for ₹2550 and sells it for ₹2830. What is the profit (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹6500 at 9% per year for 1 year (in ₹)?
Answer key
- 1940
- 30
- 2
- 140
- 176
- 60
- 170
- 1520
- 3565
- 20
- 2688
- 20
- 5
- 3959
- 22
- 180
- 1460
- 7848
- 25
- 60
- 5
- 25
- 451
- 3705
- 2904
- 132
- 1824
- 854
- 30
- 1560
- 100
- 288
- 424
- 30
- 75
- 10
- 70
- 80
- 280
- 7085
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