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 ₹2300 at 5% per year for 4 years (in ₹)?
- 2.What is the simple interest on ₹1100 at 3% per year for 5 years (in ₹)?
- 3.A fan bought for ₹1400 is sold for ₹700. What is the loss per cent?
- 4.What is 40% of 640?
- 5.What is the simple interest on ₹6500 at 10% per year for 4 years (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹180. What is the loss (in ₹)?
- 7.The price of a pair of shoes changed from ₹40 to ₹30. What is the percentage decrease?
- 8.What is the simple interest on ₹6300 at 5% per year for 1 year (in ₹)?
- 9.What is 25% of 100?
- 10.A mobile phone costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 11.A cooler bought for ₹2500 is sold for ₹3750. What is the profit per cent?
- 12.What is the amount (principal + simple interest) on ₹1500 at 6% per year for 1 year (in ₹)?
- 13.A sewing machine bought for ₹3900 is sold for ₹5460. What is the profit per cent?
- 14.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 1 year (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹1900 at 11% per year for 3 years (in ₹)?
- 16.What is 90% of 160?
- 17.A shopkeeper buys a table for ₹500 and sells it for ₹470. What is the loss (in ₹)?
- 18.A cycle bought for ₹3700 is sold for ₹3145. What is the loss per cent?
- 19.A cycle costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 20.What is 80% of 400?
- 21.A mobile phone bought for ₹1400 is sold for ₹1470. What is the profit per cent?
- 22.A cooler bought for ₹3000 is sold for ₹3750. What is the profit per cent?
- 23.A cricket kit bought for ₹1800 is sold for ₹2016. What is the profit per cent?
- 24.What is the simple interest on ₹3200 at 2% per year for 5 years (in ₹)?
- 25.A cricket kit bought for ₹4000 is sold for ₹5000. What is the profit per cent?
- 26.A table bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 27.What is 85% of 380?
- 28.A mobile phone costs ₹3600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 29.What is 15% of 1000?
- 30.A cycle costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 31.The price of a bus pass changed from ₹80 to ₹100. What is the percentage increase?
- 32.The price of a pair of shoes changed from ₹200 to ₹80. What is the percentage decrease?
- 33.A fan costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 34.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1340. What is the loss (in ₹)?
- 35.What is 10% of 120?
- 36.The price of a school bag changed from ₹500 to ₹450. What is the percentage decrease?
- 37.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹810. What is the profit (in ₹)?
- 38.What is 15% of 480?
- 39.What is the simple interest on ₹6900 at 5% per year for 2 years (in ₹)?
- 40.What is the simple interest on ₹5600 at 4% per year for 4 years (in ₹)?
Answer key
- 460
- 165
- 50
- 256
- 2600
- 170
- 25
- 315
- 25
- 2400
- 50
- 1590
- 40
- 11000
- 2527
- 144
- 30
- 15
- 2730
- 320
- 5
- 25
- 12
- 320
- 25
- 12
- 323
- 4500
- 150
- 560
- 25
- 60
- 3168
- 60
- 12
- 10
- 160
- 72
- 690
- 896
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