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 ₹3700 at 10% per year for 3 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 4 years (in ₹)?
- 3.A sewing machine bought for ₹3200 is sold for ₹4160. What is the profit per cent?
- 4.A sewing machine costs ₹1900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 5.The price of a pair of shoes changed from ₹400 to ₹300. What is the percentage decrease?
- 6.What is 5% of 380?
- 7.A watch bought for ₹2800 is sold for ₹3920. What is the profit per cent?
- 8.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 1 year (in ₹)?
- 9.A shopkeeper buys a fan for ₹500 and sells it for ₹370. What is the loss (in ₹)?
- 10.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1090. What is the loss (in ₹)?
- 11.What is the simple interest on ₹5100 at 9% per year for 3 years (in ₹)?
- 12.What is the simple interest on ₹3300 at 3% per year for 5 years (in ₹)?
- 13.What is 65% of 460?
- 14.What is 95% of 660?
- 15.A cricket kit costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹6300 at 5% per year for 1 year (in ₹)?
- 17.What is the simple interest on ₹6800 at 7% per year for 3 years (in ₹)?
- 18.What is the simple interest on ₹4400 at 12% per year for 5 years (in ₹)?
- 19.A mobile phone bought for ₹700 is sold for ₹735. What is the profit per cent?
- 20.The price of a pair of shoes changed from ₹80 to ₹32. What is the percentage decrease?
- 21.A shopkeeper buys a fan for ₹1450 and sells it for ₹1340. What is the loss (in ₹)?
- 22.What is the simple interest on ₹1000 at 8% per year for 4 years (in ₹)?
- 23.The price of a box of mangoes changed from ₹20 to ₹19. What is the percentage decrease?
- 24.What is 10% of 240?
- 25.The price of a bus pass changed from ₹500 to ₹400. What is the percentage decrease?
- 26.What is 90% of 900?
- 27.What is the amount (principal + simple interest) on ₹7900 at 8% per year for 1 year (in ₹)?
- 28.The price of a bus pass changed from ₹40 to ₹56. What is the percentage increase?
- 29.What is the simple interest on ₹5500 at 8% per year for 3 years (in ₹)?
- 30.A fan bought for ₹200 is sold for ₹260. What is the profit per cent?
- 31.The price of a cricket ball changed from ₹500 to ₹250. What is the percentage decrease?
- 32.A shopkeeper buys a fan for ₹2900 and sells it for ₹3190. What is the profit (in ₹)?
- 33.The price of a pair of shoes changed from ₹20 to ₹10. What is the percentage decrease?
- 34.A sewing machine costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 35.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2470. What is the profit (in ₹)?
- 36.What is 5% of 120?
- 37.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1320. What is the loss (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 1 year (in ₹)?
- 39.What is the simple interest on ₹3800 at 6% per year for 5 years (in ₹)?
- 40.A sewing machine bought for ₹2000 is sold for ₹1600. What is the loss per cent?
Answer key
- 4810
- 7424
- 30
- 2850
- 25
- 19
- 40
- 3816
- 130
- 10
- 1377
- 495
- 299
- 627
- 3000
- 6615
- 1428
- 2640
- 5
- 60
- 110
- 320
- 5
- 24
- 20
- 810
- 8532
- 40
- 1320
- 30
- 50
- 290
- 50
- 2970
- 120
- 6
- 280
- 6695
- 1140
- 20
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