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 ₹9700 at 8% per year for 2 years (in ₹)?
- 2.What is the simple interest on ₹2700 at 6% per year for 4 years (in ₹)?
- 3.A cycle bought for ₹2100 is sold for ₹1680. What is the loss per cent?
- 4.What is 80% of 300?
- 5.The price of a cricket ball changed from ₹400 to ₹520. What is the percentage increase?
- 6.What is 85% of 300?
- 7.A mobile phone bought for ₹4000 is sold for ₹5000. What is the profit per cent?
- 8.What is 35% of 240?
- 9.What is the simple interest on ₹4500 at 10% per year for 1 year (in ₹)?
- 10.A table bought for ₹300 is sold for ₹285. What is the loss per cent?
- 11.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2030. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹9900 at 12% per year for 4 years (in ₹)?
- 13.The price of a cricket ball changed from ₹20 to ₹5. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹9400 at 12% per year for 4 years (in ₹)?
- 15.A sewing machine costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 16.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹270. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 5 years (in ₹)?
- 18.What is the simple interest on ₹8600 at 12% per year for 2 years (in ₹)?
- 19.A sewing machine bought for ₹500 is sold for ₹450. What is the loss per cent?
- 20.The price of a pair of shoes changed from ₹80 to ₹48. What is the percentage decrease?
- 21.What is 95% of 980?
- 22.A shopkeeper buys a cooler for ₹900 and sells it for ₹730. What is the loss (in ₹)?
- 23.The price of a water bottle changed from ₹20 to ₹5. What is the percentage decrease?
- 24.What is 20% of 420?
- 25.A sewing machine bought for ₹1400 is sold for ₹1750. What is the profit per cent?
- 26.A shopkeeper buys a table for ₹200 and sells it for ₹330. What is the profit (in ₹)?
- 27.A fan bought for ₹1100 is sold for ₹1320. What is the profit per cent?
- 28.What is 20% of 320?
- 29.What is the simple interest on ₹5600 at 4% per year for 1 year (in ₹)?
- 30.A shopkeeper buys a cooler for ₹1000 and sells it for ₹1020. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 3 years (in ₹)?
- 32.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2330. What is the profit (in ₹)?
- 33.A table costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 34.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹1930. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹1700 at 11% per year for 4 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹9000 at 8% per year for 4 years (in ₹)?
- 37.The price of a cricket ball changed from ₹500 to ₹475. What is the percentage decrease?
- 38.A cricket kit costs ₹2900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 39.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1740. What is the profit (in ₹)?
- 40.A cycle bought for ₹1800 is sold for ₹2070. What is the profit per cent?
Answer key
- 1552
- 648
- 20
- 240
- 30
- 255
- 25
- 84
- 450
- 5
- 80
- 14652
- 75
- 13912
- 490
- 280
- 15500
- 2064
- 10
- 40
- 931
- 170
- 75
- 84
- 25
- 130
- 20
- 64
- 224
- 20
- 8938
- 230
- 2185
- 270
- 2448
- 11880
- 5
- 3045
- 140
- 15
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