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.
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- 1.What is the simple interest on ₹4800 at 3% per year for 1 year (in ₹)?
- 2.What is the simple interest on ₹3200 at 5% per year for 3 years (in ₹)?
- 3.What is 15% of 180?
- 4.A cricket kit bought for ₹1300 is sold for ₹1040. What is the loss per cent?
- 5.A shopkeeper buys a table for ₹2700 and sells it for ₹2430. What is the loss (in ₹)?
- 6.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
- 7.The price of a cricket ball changed from ₹20 to ₹4. What is the percentage decrease?
- 8.What is 80% of 680?
- 9.The price of a cricket ball changed from ₹100 to ₹120. What is the percentage increase?
- 10.A cycle costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.A shopkeeper buys a watch for ₹1400 and sells it for ₹1550. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹9900 at 10% per year for 5 years (in ₹)?
- 13.What is the simple interest on ₹7400 at 7% per year for 1 year (in ₹)?
- 14.A mobile phone bought for ₹3300 is sold for ₹1980. What is the loss per cent?
- 15.What is the amount (principal + simple interest) on ₹5000 at 4% per year for 5 years (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹2800. What is the loss (in ₹)?
- 17.A fan bought for ₹600 is sold for ₹840. What is the profit per cent?
- 18.The price of a school bag changed from ₹40 to ₹20. What is the percentage decrease?
- 19.A mobile phone bought for ₹2500 is sold for ₹2800. What is the profit per cent?
- 20.What is 90% of 820?
- 21.What is the simple interest on ₹7400 at 4% per year for 3 years (in ₹)?
- 22.A cricket kit bought for ₹3100 is sold for ₹3410. What is the profit per cent?
- 23.A cricket kit costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1700 at 6% per year for 4 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 1 year (in ₹)?
- 26.The price of a school bag changed from ₹80 to ₹96. What is the percentage increase?
- 27.What is the amount (principal + simple interest) on ₹4000 at 8% per year for 3 years (in ₹)?
- 28.What is the simple interest on ₹9100 at 10% per year for 4 years (in ₹)?
- 29.A cycle costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1170. What is the profit (in ₹)?
- 31.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹8500 at 5% per year for 5 years (in ₹)?
- 33.What is 20% of 480?
- 34.A mobile phone costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 2 years (in ₹)?
- 36.What is the simple interest on ₹6100 at 6% per year for 3 years (in ₹)?
- 37.A shopkeeper buys a table for ₹2550 and sells it for ₹2440. What is the loss (in ₹)?
- 38.A mobile phone bought for ₹600 is sold for ₹672. What is the profit per cent?
- 39.The price of a school bag changed from ₹20 to ₹38. What is the percentage increase?
- 40.What is the amount (principal + simple interest) on ₹3300 at 7% per year for 2 years (in ₹)?
Answer key
- 144
- 480
- 27
- 20
- 270
- 40
- 80
- 544
- 20
- 1300
- 150
- 14850
- 518
- 40
- 6000
- 200
- 40
- 50
- 12
- 738
- 888
- 10
- 700
- 2108
- 2970
- 20
- 4960
- 3640
- 2590
- 20
- 2
- 10625
- 96
- 1344
- 5490
- 1098
- 110
- 12
- 90
- 3762
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