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 ₹8700 at 5% per year for 3 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹7100 at 5% per year for 3 years (in ₹)?
- 3.What is 60% of 800?
- 4.What is the amount (principal + simple interest) on ₹1000 at 3% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹5800 at 11% per year for 2 years (in ₹)?
- 6.What is the simple interest on ₹8700 at 12% per year for 5 years (in ₹)?
- 7.A shopkeeper buys a cooler for ₹700 and sells it for ₹530. What is the loss (in ₹)?
- 8.A table bought for ₹2500 is sold for ₹3500. What is the profit per cent?
- 9.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹10. What is the loss (in ₹)?
- 10.The price of a cricket ball changed from ₹40 to ₹44. What is the percentage increase?
- 11.What is 15% of 360?
- 12.What is 55% of 540?
- 13.A cooler bought for ₹3200 is sold for ₹2880. What is the loss per cent?
- 14.What is 25% of 880?
- 15.The price of a bus pass changed from ₹500 to ₹475. What is the percentage decrease?
- 16.The price of a cricket ball changed from ₹40 to ₹72. What is the percentage increase?
- 17.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1270. What is the profit (in ₹)?
- 18.A shopkeeper buys a cycle for ₹2000 and sells it for ₹2210. What is the profit (in ₹)?
- 19.A watch costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹6500 at 7% per year for 1 year (in ₹)?
- 21.A fan costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 22.The price of a cricket ball changed from ₹500 to ₹700. What is the percentage increase?
- 23.What is 20% of 760?
- 24.What is the amount (principal + simple interest) on ₹7800 at 6% per year for 4 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹500 at 7% per year for 1 year (in ₹)?
- 26.What is the simple interest on ₹1400 at 9% per year for 1 year (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 3 years (in ₹)?
- 29.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹1010. What is the profit (in ₹)?
- 30.What is the simple interest on ₹1200 at 10% per year for 4 years (in ₹)?
- 31.A shopkeeper buys a fan for ₹2350 and sells it for ₹2240. What is the loss (in ₹)?
- 32.A watch bought for ₹700 is sold for ₹350. What is the loss per cent?
- 33.A watch bought for ₹2900 is sold for ₹2030. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹3800 at 8% per year for 1 year (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹8700 at 11% per year for 5 years (in ₹)?
- 36.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2800. What is the loss (in ₹)?
- 37.What is 80% of 980?
- 38.A fan bought for ₹900 is sold for ₹1350. What is the profit per cent?
- 39.What is 70% of 100?
- 40.A shopkeeper buys a cooler for ₹300 and sells it for ₹580. What is the profit (in ₹)?
Answer key
- 1305
- 8165
- 480
- 1150
- 1276
- 5220
- 170
- 40
- 290
- 10
- 54
- 297
- 10
- 220
- 5
- 80
- 270
- 210
- 660
- 455
- 280
- 40
- 152
- 9672
- 535
- 126
- 5452
- 10976
- 110
- 480
- 110
- 50
- 30
- 4104
- 13485
- 100
- 784
- 50
- 70
- 280
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