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 ₹700 at 6% per year for 2 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 1 year (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 2 years (in ₹)?
- 4.A shopkeeper buys a cycle for ₹2900 and sells it for ₹3130. What is the profit (in ₹)?
- 5.A sewing machine bought for ₹2300 is sold for ₹1955. What is the loss per cent?
- 6.A cycle bought for ₹4000 is sold for ₹3520. What is the loss per cent?
- 7.A table bought for ₹1800 is sold for ₹900. What is the loss per cent?
- 8.What is the simple interest on ₹6800 at 4% per year for 4 years (in ₹)?
- 9.A cooler costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 10.The price of a bus pass changed from ₹100 to ₹125. What is the percentage increase?
- 11.The price of a box of mangoes changed from ₹40 to ₹70. What is the percentage increase?
- 12.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹200. What is the loss (in ₹)?
- 13.What is 30% of 940?
- 14.What is the simple interest on ₹8500 at 5% per year for 2 years (in ₹)?
- 15.A table costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 16.What is 70% of 500?
- 17.A cycle bought for ₹1000 is sold for ₹1400. What is the profit per cent?
- 18.A cycle bought for ₹400 is sold for ₹460. What is the profit per cent?
- 19.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 3 years (in ₹)?
- 20.A shopkeeper buys a mobile phone for ₹2400 and sells it for ₹2680. What is the profit (in ₹)?
- 21.A mobile phone bought for ₹500 is sold for ₹560. What is the profit per cent?
- 22.A fan costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 23.What is 40% of 620?
- 24.A table costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 25.What is 70% of 520?
- 26.A shopkeeper buys a fan for ₹1250 and sells it for ₹1300. What is the profit (in ₹)?
- 27.A watch bought for ₹300 is sold for ₹285. What is the loss per cent?
- 28.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1680. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 4 years (in ₹)?
- 30.What is 85% of 720?
- 31.The price of a pair of shoes changed from ₹40 to ₹48. What is the percentage increase?
- 32.What is 75% of 820?
- 33.A sewing machine costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹4500 at 6% per year for 4 years (in ₹)?
- 35.What is the simple interest on ₹3800 at 10% per year for 3 years (in ₹)?
- 36.What is 55% of 160?
- 37.What is the amount (principal + simple interest) on ₹4900 at 10% per year for 2 years (in ₹)?
- 38.What is 30% of 140?
- 39.The price of a cricket ball changed from ₹40 to ₹76. What is the percentage increase?
- 40.What is the simple interest on ₹3100 at 4% per year for 4 years (in ₹)?
Answer key
- 84
- 4180
- 10600
- 230
- 15
- 12
- 50
- 1088
- 2970
- 25
- 75
- 100
- 282
- 850
- 2185
- 350
- 40
- 15
- 8050
- 280
- 12
- 3040
- 248
- 880
- 364
- 50
- 5
- 220
- 5676
- 612
- 20
- 615
- 1080
- 5580
- 1140
- 88
- 5880
- 42
- 90
- 496
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