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 ₹9000 at 5% per year for 1 year (in ₹)?
- 2.What is the simple interest on ₹1800 at 4% per year for 4 years (in ₹)?
- 3.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
- 4.A cooler bought for ₹1800 is sold for ₹1584. What is the loss per cent?
- 5.A shopkeeper buys a fan for ₹1050 and sells it for ₹1330. What is the profit (in ₹)?
- 6.A table bought for ₹3900 is sold for ₹5850. What is the profit per cent?
- 7.A fan bought for ₹1600 is sold for ₹1792. What is the profit per cent?
- 8.A mobile phone bought for ₹3100 is sold for ₹3565. What is the profit per cent?
- 9.A cooler costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.The price of a bus pass changed from ₹200 to ₹50. What is the percentage decrease?
- 11.What is the simple interest on ₹8700 at 7% per year for 2 years (in ₹)?
- 12.A cycle costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹6700 at 9% per year for 5 years (in ₹)?
- 14.The price of a bus pass changed from ₹400 to ₹720. What is the percentage increase?
- 15.A sewing machine costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 16.The price of a pair of shoes changed from ₹80 to ₹16. What is the percentage decrease?
- 17.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 18.What is the simple interest on ₹9200 at 3% per year for 5 years (in ₹)?
- 19.What is 15% of 740?
- 20.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 2 years (in ₹)?
- 21.What is 85% of 760?
- 22.A cricket kit bought for ₹2300 is sold for ₹3220. What is the profit per cent?
- 23.A cooler bought for ₹1600 is sold for ₹1440. What is the loss per cent?
- 24.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹210. What is the loss (in ₹)?
- 25.A watch bought for ₹2000 is sold for ₹1600. What is the loss per cent?
- 26.A table bought for ₹2200 is sold for ₹1760. What is the loss per cent?
- 27.The price of a cricket ball changed from ₹20 to ₹24. What is the percentage increase?
- 28.What is 45% of 860?
- 29.A cooler costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 30.What is 35% of 760?
- 31.A fan bought for ₹3100 is sold for ₹2790. What is the loss per cent?
- 32.What is 20% of 300?
- 33.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1970. What is the profit (in ₹)?
- 34.A fan costs ₹3900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 35.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
- 36.What is the amount (principal + simple interest) on ₹8900 at 9% per year for 1 year (in ₹)?
- 37.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2860. What is the profit (in ₹)?
- 38.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
- 39.What is 60% of 260?
- 40.A shopkeeper buys a watch for ₹500 and sells it for ₹210. What is the loss (in ₹)?
Answer key
- 9450
- 288
- 10
- 12
- 280
- 50
- 12
- 15
- 1936
- 75
- 1218
- 2520
- 3015
- 80
- 1900
- 80
- 20
- 1380
- 111
- 8528
- 646
- 40
- 10
- 190
- 20
- 20
- 20
- 387
- 210
- 266
- 10
- 60
- 120
- 5070
- 10
- 9701
- 160
- 90
- 156
- 290
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