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 11% per year for 2 years (in ₹)?
- 2.The price of a box of mangoes changed from ₹40 to ₹28. What is the percentage decrease?
- 3.A watch bought for ₹3700 is sold for ₹3515. What is the loss per cent?
- 4.What is the simple interest on ₹3600 at 4% per year for 1 year (in ₹)?
- 5.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
- 6.What is 80% of 200?
- 7.The price of a box of mangoes changed from ₹80 to ₹72. What is the percentage decrease?
- 8.What is the simple interest on ₹3100 at 4% per year for 1 year (in ₹)?
- 9.The price of a box of mangoes changed from ₹40 to ₹38. What is the percentage decrease?
- 10.What is 70% of 580?
- 11.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
- 12.A cycle bought for ₹2000 is sold for ₹2300. What is the profit per cent?
- 13.The price of a pair of shoes changed from ₹200 to ₹260. What is the percentage increase?
- 14.A table costs ₹2000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 15.A cycle bought for ₹2400 is sold for ₹1680. What is the loss per cent?
- 16.A cycle costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹2300 at 11% per year for 4 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 3 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹2200 at 10% per year for 2 years (in ₹)?
- 20.A shopkeeper buys a fan for ₹2800 and sells it for ₹2570. What is the loss (in ₹)?
- 21.A cricket kit bought for ₹3400 is sold for ₹4420. What is the profit per cent?
- 22.A shopkeeper buys a fan for ₹1300 and sells it for ₹1180. What is the loss (in ₹)?
- 23.A watch bought for ₹1700 is sold for ₹1530. What is the loss per cent?
- 24.A watch costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 25.A cricket kit costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 26.A fan bought for ₹1500 is sold for ₹1275. What is the loss per cent?
- 27.The price of a cricket ball changed from ₹100 to ₹20. What is the percentage decrease?
- 28.What is the amount (principal + simple interest) on ₹5600 at 4% per year for 2 years (in ₹)?
- 29.A cricket kit bought for ₹300 is sold for ₹225. What is the loss per cent?
- 30.A cycle costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹1010. What is the profit (in ₹)?
- 32.What is 25% of 100?
- 33.What is 95% of 460?
- 34.What is 95% of 580?
- 35.What is the simple interest on ₹1800 at 12% per year for 2 years (in ₹)?
- 36.A watch costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 37.A watch bought for ₹3600 is sold for ₹4140. What is the profit per cent?
- 38.What is the simple interest on ₹9100 at 9% per year for 2 years (in ₹)?
- 39.A cycle bought for ₹2700 is sold for ₹2025. What is the loss per cent?
- 40.What is the simple interest on ₹4500 at 6% per year for 2 years (in ₹)?
Answer key
- 1056
- 30
- 5
- 144
- 80
- 160
- 10
- 124
- 5
- 406
- 5
- 15
- 30
- 1800
- 30
- 3250
- 3312
- 3672
- 2640
- 230
- 30
- 120
- 10
- 480
- 5400
- 15
- 80
- 6048
- 25
- 704
- 110
- 25
- 437
- 551
- 432
- 3990
- 15
- 1638
- 25
- 540
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