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 amount (principal + simple interest) on ₹2300 at 5% per year for 2 years (in ₹)?
- 2.What is the simple interest on ₹6400 at 5% per year for 4 years (in ₹)?
- 3.A table bought for ₹900 is sold for ₹990. What is the profit per cent?
- 4.The price of a cricket ball changed from ₹100 to ₹98. What is the percentage decrease?
- 5.What is the amount (principal + simple interest) on ₹800 at 9% per year for 1 year (in ₹)?
- 6.What is 45% of 520?
- 7.What is the amount (principal + simple interest) on ₹2300 at 12% per year for 3 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 2 years (in ₹)?
- 9.A mobile phone costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹6200 at 2% per year for 5 years (in ₹)?
- 11.A shopkeeper buys a cycle for ₹1950 and sells it for ₹1660. What is the loss (in ₹)?
- 12.The price of a bus pass changed from ₹20 to ₹19. What is the percentage decrease?
- 13.The price of a school bag changed from ₹100 to ₹50. What is the percentage decrease?
- 14.A fan bought for ₹3300 is sold for ₹3135. What is the loss per cent?
- 15.A mobile phone bought for ₹3800 is sold for ₹5700. What is the profit per cent?
- 16.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹1000. What is the profit (in ₹)?
- 17.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
- 18.What is the amount (principal + simple interest) on ₹600 at 12% per year for 2 years (in ₹)?
- 19.A cycle bought for ₹2400 is sold for ₹2640. What is the profit per cent?
- 20.The price of a bus pass changed from ₹20 to ₹4. What is the percentage decrease?
- 21.A fan bought for ₹900 is sold for ₹792. What is the loss per cent?
- 22.The price of a school bag changed from ₹250 to ₹450. What is the percentage increase?
- 23.What is the simple interest on ₹7500 at 3% per year for 3 years (in ₹)?
- 24.What is 85% of 980?
- 25.The price of a water bottle changed from ₹400 to ₹760. What is the percentage increase?
- 26.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 2 years (in ₹)?
- 27.The price of a box of mangoes changed from ₹50 to ₹70. What is the percentage increase?
- 28.A table bought for ₹1100 is sold for ₹1210. What is the profit per cent?
- 29.A cricket kit bought for ₹2000 is sold for ₹1800. What is the loss per cent?
- 30.What is the amount (principal + simple interest) on ₹3700 at 4% per year for 4 years (in ₹)?
- 31.A mobile phone bought for ₹2400 is sold for ₹3120. What is the profit per cent?
- 32.A shopkeeper buys a table for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
- 33.A cooler bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 34.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹870. What is the loss (in ₹)?
- 35.What is 45% of 280?
- 36.The price of a bus pass changed from ₹200 to ₹20. What is the percentage decrease?
- 37.A cycle costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹5600 at 5% per year for 3 years (in ₹)?
- 39.A cooler costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a cycle for ₹300 and sells it for ₹320. What is the profit (in ₹)?
Answer key
- 2530
- 1280
- 10
- 2
- 872
- 234
- 3128
- 8798
- 750
- 6820
- 290
- 5
- 50
- 5
- 50
- 250
- 20
- 744
- 10
- 80
- 12
- 80
- 675
- 833
- 90
- 2850
- 40
- 10
- 10
- 4292
- 30
- 30
- 40
- 30
- 126
- 90
- 1330
- 6440
- 1904
- 20
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