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 ₹9600 at 4% per year for 2 years (in ₹)?
- 2.The price of a cricket ball changed from ₹100 to ₹95. What is the percentage decrease?
- 3.What is 20% of 200?
- 4.A table bought for ₹1100 is sold for ₹550. What is the loss per cent?
- 5.What is 40% of 860?
- 6.What is 15% of 520?
- 7.The price of a school bag changed from ₹100 to ₹98. What is the percentage decrease?
- 8.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
- 9.What is 65% of 740?
- 10.What is the amount (principal + simple interest) on ₹3800 at 11% per year for 5 years (in ₹)?
- 11.A mobile phone bought for ₹3500 is sold for ₹2975. What is the loss per cent?
- 12.The price of a cricket ball changed from ₹500 to ₹100. What is the percentage decrease?
- 13.What is the simple interest on ₹8000 at 11% per year for 1 year (in ₹)?
- 14.The price of a box of mangoes changed from ₹80 to ₹72. What is the percentage decrease?
- 15.The price of a water bottle changed from ₹250 to ₹25. What is the percentage decrease?
- 16.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
- 17.What is 10% of 700?
- 18.The price of a school bag changed from ₹200 to ₹210. What is the percentage increase?
- 19.What is the simple interest on ₹1000 at 8% per year for 5 years (in ₹)?
- 20.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹230. What is the loss (in ₹)?
- 21.A shopkeeper buys a fan for ₹1700 and sells it for ₹1680. What is the loss (in ₹)?
- 22.A sewing machine costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 23.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
- 24.The price of a pair of shoes changed from ₹200 to ₹300. What is the percentage increase?
- 25.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 3 years (in ₹)?
- 26.A mobile phone costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 27.The price of a pair of shoes changed from ₹20 to ₹2. What is the percentage decrease?
- 28.What is 85% of 720?
- 29.The price of a pair of shoes changed from ₹400 to ₹600. What is the percentage increase?
- 30.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2700. What is the profit (in ₹)?
- 31.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 32.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1010. What is the loss (in ₹)?
- 33.A shopkeeper buys a cycle for ₹200 and sells it for ₹190. What is the loss (in ₹)?
- 34.What is the simple interest on ₹1400 at 7% per year for 1 year (in ₹)?
- 35.A table costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹5900 at 8% per year for 5 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 3 years (in ₹)?
- 38.What is the simple interest on ₹9400 at 6% per year for 1 year (in ₹)?
- 39.A cycle costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 40.A cycle costs ₹1900. It is sold at a 20% profit. What is the selling price (in ₹)?
Answer key
- 768
- 5
- 40
- 50
- 344
- 78
- 2
- 40
- 481
- 5890
- 15
- 80
- 880
- 10
- 90
- 40
- 70
- 5
- 400
- 20
- 20
- 2520
- 75
- 50
- 3894
- 560
- 90
- 612
- 50
- 200
- 40
- 240
- 10
- 98
- 1035
- 2360
- 7705
- 564
- 2600
- 2280
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