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 ₹600 at 12% per year for 2 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹3700 at 11% per year for 1 year (in ₹)?
- 3.A cricket kit costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 4.A table costs ₹2600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 5.What is the simple interest on ₹1000 at 10% per year for 3 years (in ₹)?
- 6.What is the simple interest on ₹7800 at 6% per year for 1 year (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2820. What is the loss (in ₹)?
- 8.What is the simple interest on ₹6000 at 3% per year for 1 year (in ₹)?
- 9.What is the simple interest on ₹1000 at 7% per year for 1 year (in ₹)?
- 10.What is the simple interest on ₹4400 at 4% per year for 1 year (in ₹)?
- 11.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2810. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹3900 at 12% per year for 4 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹9100 at 11% per year for 3 years (in ₹)?
- 14.A watch bought for ₹800 is sold for ₹1000. What is the profit per cent?
- 15.A watch costs ₹2900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 16.What is 20% of 300?
- 17.A sewing machine bought for ₹400 is sold for ₹448. What is the profit per cent?
- 18.What is 35% of 220?
- 19.A cycle bought for ₹2300 is sold for ₹2990. What is the profit per cent?
- 20.What is the simple interest on ₹9500 at 4% per year for 1 year (in ₹)?
- 21.A table costs ₹3700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹5500 at 12% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹2500 at 2% per year for 2 years (in ₹)?
- 24.A fan bought for ₹3100 is sold for ₹4030. What is the profit per cent?
- 25.What is 55% of 820?
- 26.A fan costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 27.A shopkeeper buys a cooler for ₹2750 and sells it for ₹3020. What is the profit (in ₹)?
- 28.What is 70% of 260?
- 29.A shopkeeper buys a mobile phone for ₹2400 and sells it for ₹2490. What is the profit (in ₹)?
- 30.A cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 31.What is 35% of 960?
- 32.A table bought for ₹700 is sold for ₹980. What is the profit per cent?
- 33.A mobile phone bought for ₹2700 is sold for ₹3510. What is the profit per cent?
- 34.A watch bought for ₹1100 is sold for ₹1210. What is the profit per cent?
- 35.What is the simple interest on ₹3200 at 9% per year for 4 years (in ₹)?
- 36.A shopkeeper buys a fan for ₹1250 and sells it for ₹1120. What is the loss (in ₹)?
- 37.A sewing machine costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 38.A cycle costs ₹700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹3100 at 12% per year for 1 year (in ₹)?
- 40.A mobile phone bought for ₹800 is sold for ₹640. What is the loss per cent?
Answer key
- 144
- 4107
- 1265
- 2080
- 300
- 468
- 80
- 180
- 70
- 176
- 160
- 5772
- 12103
- 25
- 2465
- 60
- 12
- 77
- 30
- 380
- 5550
- 660
- 100
- 30
- 451
- 5250
- 270
- 182
- 90
- 25
- 336
- 40
- 30
- 10
- 1152
- 130
- 3145
- 420
- 3472
- 20
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