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 ₹8000 at 9% per year for 5 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹2000 at 8% per year for 3 years (in ₹)?
- 3.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹2800. What is the loss (in ₹)?
- 4.What is the simple interest on ₹1700 at 4% per year for 3 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 5 years (in ₹)?
- 6.What is the simple interest on ₹6000 at 7% per year for 4 years (in ₹)?
- 7.What is the simple interest on ₹700 at 9% per year for 2 years (in ₹)?
- 8.The price of a bus pass changed from ₹400 to ₹360. What is the percentage decrease?
- 9.A mobile phone costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 2 years (in ₹)?
- 11.What is the simple interest on ₹5100 at 9% per year for 5 years (in ₹)?
- 12.A mobile phone bought for ₹1400 is sold for ₹980. What is the loss per cent?
- 13.The price of a school bag changed from ₹500 to ₹350. What is the percentage decrease?
- 14.A cycle costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 15.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
- 16.What is the amount (principal + simple interest) on ₹6700 at 10% per year for 1 year (in ₹)?
- 17.A shopkeeper buys a watch for ₹2400 and sells it for ₹2300. What is the loss (in ₹)?
- 18.A mobile phone costs ₹300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹8500 at 11% per year for 2 years (in ₹)?
- 20.A sewing machine bought for ₹500 is sold for ₹625. What is the profit per cent?
- 21.What is 20% of 820?
- 22.A shopkeeper buys a fan for ₹2700 and sells it for ₹2610. What is the loss (in ₹)?
- 23.What is the simple interest on ₹7200 at 9% per year for 3 years (in ₹)?
- 24.A fan costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 25.A mobile phone costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 26.What is 45% of 340?
- 27.What is the amount (principal + simple interest) on ₹4000 at 11% per year for 4 years (in ₹)?
- 28.A cycle costs ₹2200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 29.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2610. What is the profit (in ₹)?
- 30.What is 95% of 540?
- 31.What is 85% of 860?
- 32.What is 60% of 760?
- 33.What is 55% of 420?
- 34.What is the amount (principal + simple interest) on ₹8300 at 12% per year for 4 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹6300 at 9% per year for 2 years (in ₹)?
- 36.A mobile phone bought for ₹1200 is sold for ₹1140. What is the loss per cent?
- 37.What is the simple interest on ₹1100 at 7% per year for 5 years (in ₹)?
- 38.The price of a pair of shoes changed from ₹500 to ₹475. What is the percentage decrease?
- 39.What is the simple interest on ₹5300 at 6% per year for 2 years (in ₹)?
- 40.What is the simple interest on ₹6600 at 8% per year for 1 year (in ₹)?
Answer key
- 11600
- 2480
- 150
- 204
- 11160
- 1680
- 126
- 10
- 3910
- 7440
- 2295
- 30
- 30
- 4050
- 10
- 7370
- 100
- 150
- 1870
- 25
- 164
- 90
- 1944
- 1500
- 3220
- 153
- 5760
- 2090
- 260
- 513
- 731
- 456
- 231
- 12284
- 7434
- 5
- 385
- 5
- 636
- 528
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