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 ₹7100 at 4% per year for 5 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 5 years (in ₹)?
- 3.What is 55% of 60?
- 4.A cricket kit costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 5.A sewing machine bought for ₹300 is sold for ₹390. What is the profit per cent?
- 6.A cycle costs ₹300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 7.A watch bought for ₹900 is sold for ₹765. What is the loss per cent?
- 8.What is 80% of 160?
- 9.A table bought for ₹300 is sold for ₹240. What is the loss per cent?
- 10.A shopkeeper buys a fan for ₹2150 and sells it for ₹2180. What is the profit (in ₹)?
- 11.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2260. What is the loss (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 4 years (in ₹)?
- 13.A cycle bought for ₹2500 is sold for ₹2000. What is the loss per cent?
- 14.A cycle bought for ₹1200 is sold for ₹720. What is the loss per cent?
- 15.The price of a box of mangoes changed from ₹20 to ₹28. What is the percentage increase?
- 16.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
- 17.The price of a pair of shoes changed from ₹400 to ₹160. What is the percentage decrease?
- 18.What is the amount (principal + simple interest) on ₹6000 at 5% per year for 2 years (in ₹)?
- 19.What is 25% of 780?
- 20.What is 95% of 60?
- 21.A cycle costs ₹400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 22.What is 45% of 100?
- 23.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 3 years (in ₹)?
- 24.A shopkeeper buys a watch for ₹2850 and sells it for ₹2780. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹4600 at 4% per year for 1 year (in ₹)?
- 26.What is the simple interest on ₹4700 at 6% per year for 2 years (in ₹)?
- 27.The price of a cricket ball changed from ₹500 to ₹400. What is the percentage decrease?
- 28.A shopkeeper buys a cycle for ₹700 and sells it for ₹990. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹1500 at 11% per year for 3 years (in ₹)?
- 30.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹3020. What is the profit (in ₹)?
- 31.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1130. What is the profit (in ₹)?
- 32.A cooler costs ₹3600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 33.A cooler bought for ₹2300 is sold for ₹2875. What is the profit per cent?
- 34.What is the simple interest on ₹3300 at 9% per year for 2 years (in ₹)?
- 35.The price of a school bag changed from ₹50 to ₹25. What is the percentage decrease?
- 36.A fan costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 37.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹330. What is the profit (in ₹)?
- 38.A mobile phone costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 39.The price of a bus pass changed from ₹20 to ₹10. What is the percentage decrease?
- 40.What is the simple interest on ₹3000 at 2% per year for 4 years (in ₹)?
Answer key
- 1420
- 7560
- 33
- 1350
- 30
- 264
- 15
- 128
- 20
- 30
- 90
- 2464
- 20
- 40
- 40
- 20
- 60
- 6600
- 195
- 57
- 460
- 45
- 10660
- 70
- 4784
- 564
- 20
- 290
- 1995
- 70
- 130
- 3960
- 25
- 594
- 50
- 1900
- 30
- 1260
- 50
- 240
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