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 ₹2000 at 2% per year for 1 year (in ₹)?
- 2.A watch costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 3.A fan bought for ₹1900 is sold for ₹2470. What is the profit per cent?
- 4.The price of a box of mangoes changed from ₹400 to ₹200. What is the percentage decrease?
- 5.The price of a box of mangoes changed from ₹250 to ₹400. What is the percentage increase?
- 6.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 3 years (in ₹)?
- 7.A cooler costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 8.What is 60% of 240?
- 9.What is 40% of 600?
- 10.A cricket kit bought for ₹3900 is sold for ₹3705. What is the loss per cent?
- 11.A shopkeeper buys a watch for ₹2050 and sells it for ₹2040. What is the loss (in ₹)?
- 12.What is 5% of 420?
- 13.A watch bought for ₹2700 is sold for ₹3510. What is the profit per cent?
- 14.The price of a pair of shoes changed from ₹100 to ₹110. What is the percentage increase?
- 15.A fan bought for ₹200 is sold for ₹220. What is the profit per cent?
- 16.What is the amount (principal + simple interest) on ₹8400 at 5% per year for 3 years (in ₹)?
- 17.A shopkeeper buys a table for ₹1050 and sells it for ₹1240. What is the profit (in ₹)?
- 18.A table bought for ₹3700 is sold for ₹3330. What is the loss per cent?
- 19.What is 65% of 140?
- 20.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
- 21.A watch costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 22.A mobile phone bought for ₹3400 is sold for ₹2380. What is the loss per cent?
- 23.A cooler costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 24.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
- 25.What is the amount (principal + simple interest) on ₹9000 at 9% per year for 5 years (in ₹)?
- 26.A shopkeeper buys a cooler for ₹450 and sells it for ₹210. What is the loss (in ₹)?
- 27.What is 10% of 520?
- 28.What is the simple interest on ₹7500 at 2% per year for 5 years (in ₹)?
- 29.What is the simple interest on ₹2600 at 7% per year for 2 years (in ₹)?
- 30.A cricket kit bought for ₹3400 is sold for ₹3230. What is the loss per cent?
- 31.What is the amount (principal + simple interest) on ₹5400 at 5% per year for 2 years (in ₹)?
- 32.What is the simple interest on ₹5300 at 7% per year for 1 year (in ₹)?
- 33.What is the simple interest on ₹9900 at 6% per year for 1 year (in ₹)?
- 34.A table bought for ₹1300 is sold for ₹1820. What is the profit per cent?
- 35.A cycle costs ₹900. It is sold at a 40% loss. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹3500 at 6% per year for 2 years (in ₹)?
- 37.What is 5% of 460?
- 38.The price of a pair of shoes changed from ₹20 to ₹25. What is the percentage increase?
- 39.A shopkeeper buys a fan for ₹1400 and sells it for ₹1130. What is the loss (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 3 years (in ₹)?
Answer key
- 2040
- 5250
- 30
- 50
- 60
- 7844
- 3360
- 144
- 240
- 5
- 10
- 21
- 30
- 10
- 10
- 9660
- 190
- 10
- 91
- 25
- 2860
- 30
- 1200
- 40
- 13050
- 240
- 52
- 750
- 364
- 5
- 5940
- 371
- 594
- 40
- 540
- 420
- 23
- 25
- 270
- 10414
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