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 ₹4000 at 3% per year for 4 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹8100 at 10% per year for 1 year (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹6200 at 8% per year for 3 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹7400 at 9% per year for 1 year (in ₹)?
- 5.A shopkeeper buys a fan for ₹900 and sells it for ₹750. What is the loss (in ₹)?
- 6.What is the simple interest on ₹1200 at 2% per year for 5 years (in ₹)?
- 7.What is the simple interest on ₹5700 at 11% per year for 5 years (in ₹)?
- 8.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1510. What is the profit (in ₹)?
- 9.A mobile phone bought for ₹500 is sold for ₹525. What is the profit per cent?
- 10.A cycle costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 11.What is 15% of 820?
- 12.A shopkeeper buys a watch for ₹2050 and sells it for ₹1980. What is the loss (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹9000 at 3% per year for 1 year (in ₹)?
- 14.What is the simple interest on ₹6400 at 7% per year for 3 years (in ₹)?
- 15.What is 30% of 100?
- 16.What is the amount (principal + simple interest) on ₹4600 at 4% per year for 2 years (in ₹)?
- 17.What is 85% of 360?
- 18.A watch costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 19.A mobile phone bought for ₹3500 is sold for ₹1750. What is the loss per cent?
- 20.What is the amount (principal + simple interest) on ₹2300 at 6% per year for 3 years (in ₹)?
- 21.A table costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 22.A cooler bought for ₹3400 is sold for ₹1700. What is the loss per cent?
- 23.A shopkeeper buys a table for ₹1050 and sells it for ₹1330. What is the profit (in ₹)?
- 24.What is 10% of 60?
- 25.A sewing machine bought for ₹2000 is sold for ₹1760. What is the loss per cent?
- 26.A sewing machine costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 27.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2520. What is the profit (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹4700 at 12% per year for 4 years (in ₹)?
- 29.What is the simple interest on ₹2800 at 11% per year for 4 years (in ₹)?
- 30.A fan costs ₹600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹8600 at 11% per year for 3 years (in ₹)?
- 32.A shopkeeper buys a fan for ₹500 and sells it for ₹300. What is the loss (in ₹)?
- 33.What is 15% of 880?
- 34.A shopkeeper buys a fan for ₹2550 and sells it for ₹2360. What is the loss (in ₹)?
- 35.A shopkeeper buys a cricket kit for ₹1950 and sells it for ₹1720. What is the loss (in ₹)?
- 36.A cycle bought for ₹2200 is sold for ₹2530. What is the profit per cent?
- 37.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
- 38.What is the amount (principal + simple interest) on ₹7800 at 7% per year for 3 years (in ₹)?
- 39.A cycle bought for ₹700 is sold for ₹980. What is the profit per cent?
- 40.A shopkeeper buys a fan for ₹800 and sells it for ₹810. What is the profit (in ₹)?
Answer key
- 4480
- 8910
- 7688
- 8066
- 150
- 120
- 3135
- 260
- 5
- 6000
- 123
- 70
- 9270
- 1344
- 30
- 4968
- 306
- 880
- 50
- 2714
- 1100
- 50
- 280
- 6
- 12
- 600
- 270
- 6956
- 1232
- 528
- 2838
- 200
- 132
- 190
- 230
- 15
- 60
- 9438
- 40
- 10
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