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.A fan bought for ₹300 is sold for ₹180. What is the loss per cent?
- 2.A shopkeeper buys a watch for ₹1600 and sells it for ₹1690. What is the profit (in ₹)?
- 3.A cycle costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 4.A fan bought for ₹2200 is sold for ₹3080. What is the profit per cent?
- 5.What is the amount (principal + simple interest) on ₹9900 at 2% per year for 2 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 3 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 5 years (in ₹)?
- 8.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
- 9.What is the amount (principal + simple interest) on ₹10000 at 6% per year for 3 years (in ₹)?
- 10.What is the simple interest on ₹4700 at 3% per year for 5 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 3 years (in ₹)?
- 12.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
- 13.What is the amount (principal + simple interest) on ₹1700 at 7% per year for 1 year (in ₹)?
- 14.A table costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 15.A cycle bought for ₹900 is sold for ₹855. What is the loss per cent?
- 16.A mobile phone costs ₹1300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 17.A sewing machine bought for ₹3000 is sold for ₹3150. What is the profit per cent?
- 18.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1070. What is the loss (in ₹)?
- 19.A mobile phone bought for ₹2500 is sold for ₹2875. What is the profit per cent?
- 20.What is the simple interest on ₹4200 at 2% per year for 1 year (in ₹)?
- 21.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
- 22.What is the simple interest on ₹3500 at 2% per year for 5 years (in ₹)?
- 23.What is the simple interest on ₹3900 at 9% per year for 4 years (in ₹)?
- 24.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2420. What is the profit (in ₹)?
- 25.What is the simple interest on ₹8600 at 9% per year for 5 years (in ₹)?
- 26.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2880. What is the profit (in ₹)?
- 27.What is the simple interest on ₹5700 at 11% per year for 2 years (in ₹)?
- 28.A cricket kit costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 29.A cycle bought for ₹400 is sold for ₹340. What is the loss per cent?
- 30.A sewing machine costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 31.A table bought for ₹800 is sold for ₹680. What is the loss per cent?
- 32.A watch costs ₹1500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 33.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
- 34.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1000. What is the loss (in ₹)?
- 35.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1280. What is the profit (in ₹)?
- 36.A cycle costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 37.What is 40% of 980?
- 38.What is 30% of 400?
- 39.What is 10% of 60?
- 40.What is the amount (principal + simple interest) on ₹4500 at 4% per year for 3 years (in ₹)?
Answer key
- 40
- 90
- 2625
- 40
- 10296
- 3509
- 4050
- 40
- 11800
- 705
- 11837
- 25
- 1819
- 2310
- 5
- 780
- 5
- 280
- 15
- 84
- 20
- 350
- 1404
- 70
- 3870
- 230
- 1254
- 2875
- 15
- 320
- 15
- 1800
- 60
- 50
- 130
- 2100
- 392
- 120
- 6
- 5040
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