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 ₹800 at 12% per year for 5 years (in ₹)?
- 2.A cricket kit bought for ₹400 is sold for ₹420. What is the profit per cent?
- 3.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
- 4.The price of a cricket ball changed from ₹40 to ₹56. What is the percentage increase?
- 5.The price of a box of mangoes changed from ₹80 to ₹88. What is the percentage increase?
- 6.What is the simple interest on ₹4700 at 5% per year for 4 years (in ₹)?
- 7.What is 55% of 120?
- 8.The price of a box of mangoes changed from ₹500 to ₹700. What is the percentage increase?
- 9.What is 40% of 680?
- 10.What is the amount (principal + simple interest) on ₹600 at 4% per year for 1 year (in ₹)?
- 11.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
- 12.What is 60% of 700?
- 13.What is 5% of 960?
- 14.A shopkeeper buys a table for ₹2100 and sells it for ₹1940. What is the loss (in ₹)?
- 15.A sewing machine bought for ₹2000 is sold for ₹1500. What is the loss per cent?
- 16.A shopkeeper buys a cycle for ₹1050 and sells it for ₹810. What is the loss (in ₹)?
- 17.A cooler bought for ₹3800 is sold for ₹3344. What is the loss per cent?
- 18.A cricket kit bought for ₹600 is sold for ₹450. What is the loss per cent?
- 19.What is 60% of 680?
- 20.What is the simple interest on ₹5800 at 6% per year for 2 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 1 year (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹1100 at 11% per year for 4 years (in ₹)?
- 23.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
- 24.What is the simple interest on ₹10000 at 5% per year for 1 year (in ₹)?
- 25.A fan costs ₹4000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 26.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹490. What is the profit (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹1000 at 8% per year for 4 years (in ₹)?
- 28.The price of a school bag changed from ₹250 to ₹50. What is the percentage decrease?
- 29.What is the simple interest on ₹4100 at 11% per year for 1 year (in ₹)?
- 30.A shopkeeper buys a table for ₹450 and sells it for ₹600. What is the profit (in ₹)?
- 31.The price of a cricket ball changed from ₹400 to ₹280. What is the percentage decrease?
- 32.A cycle costs ₹3200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹4100 at 9% per year for 2 years (in ₹)?
- 34.What is the simple interest on ₹9000 at 4% per year for 2 years (in ₹)?
- 35.What is the simple interest on ₹5800 at 9% per year for 1 year (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 5 years (in ₹)?
- 37.A sewing machine bought for ₹3700 is sold for ₹3256. What is the loss per cent?
- 38.A shopkeeper buys a cooler for ₹750 and sells it for ₹1040. What is the profit (in ₹)?
- 39.What is 55% of 780?
- 40.A table bought for ₹1000 is sold for ₹600. What is the loss per cent?
Answer key
- 480
- 5
- 60
- 40
- 10
- 940
- 66
- 40
- 272
- 624
- 60
- 420
- 48
- 160
- 25
- 240
- 12
- 25
- 408
- 696
- 1120
- 1584
- 60
- 500
- 4200
- 140
- 1320
- 80
- 451
- 150
- 30
- 3360
- 738
- 720
- 522
- 5640
- 12
- 290
- 429
- 40
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