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 ₹1400 at 7% per year for 2 years (in ₹)?
- 2.What is 5% of 240?
- 3.What is the amount (principal + simple interest) on ₹800 at 4% per year for 5 years (in ₹)?
- 4.A cricket kit bought for ₹3200 is sold for ₹3360. What is the profit per cent?
- 5.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1590. What is the profit (in ₹)?
- 6.What is 5% of 500?
- 7.What is the simple interest on ₹1800 at 9% per year for 2 years (in ₹)?
- 8.What is 25% of 540?
- 9.A table costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹2200 at 10% per year for 1 year (in ₹)?
- 11.The price of a cricket ball changed from ₹200 to ₹190. What is the percentage decrease?
- 12.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1510. What is the loss (in ₹)?
- 13.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3160. What is the profit (in ₹)?
- 14.What is 65% of 320?
- 15.What is the amount (principal + simple interest) on ₹900 at 3% per year for 4 years (in ₹)?
- 16.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2170. What is the loss (in ₹)?
- 17.The price of a water bottle changed from ₹200 to ₹80. What is the percentage decrease?
- 18.A table costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 19.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
- 20.A cricket kit bought for ₹2600 is sold for ₹2340. What is the loss per cent?
- 21.A sewing machine bought for ₹3100 is sold for ₹2325. What is the loss per cent?
- 22.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹8900 at 2% per year for 3 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 3 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹5000 at 3% per year for 3 years (in ₹)?
- 26.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1300. What is the loss (in ₹)?
- 27.A fan costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 28.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
- 29.A watch bought for ₹2900 is sold for ₹3335. What is the profit per cent?
- 30.The price of a box of mangoes changed from ₹40 to ₹56. What is the percentage increase?
- 31.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2700. What is the profit (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹700 at 5% per year for 3 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹6100 at 8% per year for 4 years (in ₹)?
- 34.A watch bought for ₹2500 is sold for ₹1250. What is the loss per cent?
- 35.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
- 36.What is 60% of 300?
- 37.What is 45% of 360?
- 38.A shopkeeper buys a table for ₹900 and sells it for ₹1100. What is the profit (in ₹)?
- 39.What is the simple interest on ₹1900 at 3% per year for 1 year (in ₹)?
- 40.A shopkeeper buys a fan for ₹2650 and sells it for ₹2460. What is the loss (in ₹)?
Answer key
- 1596
- 12
- 960
- 5
- 40
- 25
- 324
- 135
- 2800
- 2420
- 5
- 190
- 260
- 208
- 1008
- 80
- 60
- 1820
- 75
- 10
- 25
- 3811
- 534
- 2990
- 5450
- 300
- 760
- 110
- 15
- 40
- 150
- 805
- 8052
- 50
- 20
- 180
- 162
- 200
- 57
- 190
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