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 ₹5600 at 6% per year for 2 years (in ₹)?
- 2.A cooler bought for ₹2000 is sold for ₹2400. What is the profit per cent?
- 3.What is 70% of 560?
- 4.A shopkeeper buys a cycle for ₹950 and sells it for ₹700. What is the loss (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹2600 at 5% per year for 2 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹6200 at 2% per year for 2 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹8100 at 4% per year for 4 years (in ₹)?
- 8.What is 20% of 240?
- 9.A shopkeeper buys a table for ₹200 and sells it for ₹250. What is the profit (in ₹)?
- 10.A shopkeeper buys a fan for ₹1250 and sells it for ₹1450. What is the profit (in ₹)?
- 11.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹840. What is the loss (in ₹)?
- 12.A fan bought for ₹3800 is sold for ₹4180. What is the profit per cent?
- 13.What is 75% of 1000?
- 14.The price of a pair of shoes changed from ₹40 to ₹28. What is the percentage decrease?
- 15.What is the amount (principal + simple interest) on ₹8800 at 10% per year for 5 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹9900 at 4% per year for 2 years (in ₹)?
- 17.What is 5% of 860?
- 18.A sewing machine costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 19.What is 80% of 220?
- 20.What is 40% of 260?
- 21.A mobile phone costs ₹3700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1090. What is the profit (in ₹)?
- 23.A watch bought for ₹3800 is sold for ₹4180. What is the profit per cent?
- 24.What is 70% of 820?
- 25.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 2 years (in ₹)?
- 26.The price of a box of mangoes changed from ₹500 to ₹505. What is the percentage increase?
- 27.What is the amount (principal + simple interest) on ₹8200 at 8% per year for 2 years (in ₹)?
- 28.What is the simple interest on ₹5500 at 8% per year for 4 years (in ₹)?
- 29.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹3030. What is the profit (in ₹)?
- 30.A cooler costs ₹2300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹6100 at 3% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a cycle for ₹1850 and sells it for ₹2150. What is the profit (in ₹)?
- 33.A shopkeeper buys a cycle for ₹450 and sells it for ₹180. What is the loss (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹8700 at 10% per year for 4 years (in ₹)?
- 35.The price of a bus pass changed from ₹40 to ₹20. What is the percentage decrease?
- 36.What is the amount (principal + simple interest) on ₹4300 at 6% per year for 1 year (in ₹)?
- 37.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1210. What is the profit (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹7500 at 10% per year for 5 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹2000 at 5% per year for 3 years (in ₹)?
- 40.A fan bought for ₹500 is sold for ₹250. What is the loss per cent?
Answer key
- 6272
- 20
- 392
- 250
- 2860
- 6448
- 9396
- 48
- 50
- 200
- 210
- 10
- 750
- 30
- 13200
- 10692
- 43
- 1425
- 176
- 104
- 1850
- 40
- 10
- 574
- 4510
- 1
- 9512
- 1760
- 280
- 2645
- 915
- 300
- 270
- 12180
- 50
- 4558
- 110
- 11250
- 2300
- 50
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