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 5% of 360?
- 2.A shopkeeper buys a fan for ₹2150 and sells it for ₹2220. What is the profit (in ₹)?
- 3.A fan bought for ₹3100 is sold for ₹3410. What is the profit per cent?
- 4.What is the amount (principal + simple interest) on ₹2800 at 12% per year for 2 years (in ₹)?
- 5.What is the simple interest on ₹4200 at 6% per year for 2 years (in ₹)?
- 6.A shopkeeper buys a cycle for ₹1900 and sells it for ₹2130. What is the profit (in ₹)?
- 7.What is the simple interest on ₹3600 at 8% per year for 4 years (in ₹)?
- 8.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1430. What is the loss (in ₹)?
- 9.What is the simple interest on ₹5500 at 12% per year for 5 years (in ₹)?
- 10.A shopkeeper buys a cycle for ₹800 and sells it for ₹950. What is the profit (in ₹)?
- 11.A fan bought for ₹1500 is sold for ₹900. What is the loss per cent?
- 12.A cooler bought for ₹1600 is sold for ₹2080. What is the profit per cent?
- 13.What is the simple interest on ₹2900 at 7% per year for 3 years (in ₹)?
- 14.What is 95% of 560?
- 15.What is 60% of 560?
- 16.What is the simple interest on ₹1100 at 4% per year for 1 year (in ₹)?
- 17.A mobile phone bought for ₹1900 is sold for ₹1805. What is the loss per cent?
- 18.What is the amount (principal + simple interest) on ₹6300 at 3% per year for 4 years (in ₹)?
- 19.A cooler costs ₹3000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹4700 at 6% per year for 3 years (in ₹)?
- 21.A mobile phone costs ₹2700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 22.The price of a pair of shoes changed from ₹50 to ₹45. What is the percentage decrease?
- 23.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
- 24.A shopkeeper buys a cycle for ₹2450 and sells it for ₹2310. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 2 years (in ₹)?
- 26.A cricket kit bought for ₹600 is sold for ₹900. What is the profit per cent?
- 27.What is the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
- 28.What is 65% of 160?
- 29.The price of a school bag changed from ₹500 to ₹800. What is the percentage increase?
- 30.What is the amount (principal + simple interest) on ₹9400 at 12% per year for 5 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹1000 at 11% per year for 4 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹3800 at 7% per year for 3 years (in ₹)?
- 33.A sewing machine costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 34.What is the simple interest on ₹1400 at 7% per year for 3 years (in ₹)?
- 35.The price of a bus pass changed from ₹200 to ₹360. What is the percentage increase?
- 36.A cycle bought for ₹3700 is sold for ₹4440. What is the profit per cent?
- 37.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 1 year (in ₹)?
- 38.What is 55% of 640?
- 39.What is the simple interest on ₹6500 at 9% per year for 2 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹900 at 3% per year for 4 years (in ₹)?
Answer key
- 18
- 70
- 10
- 3472
- 504
- 230
- 1152
- 20
- 3300
- 150
- 40
- 30
- 609
- 532
- 336
- 44
- 5
- 7056
- 3600
- 5546
- 3105
- 10
- 240
- 140
- 9360
- 50
- 2400
- 104
- 60
- 15040
- 1440
- 4598
- 1955
- 294
- 80
- 20
- 11100
- 352
- 1170
- 1008
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