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 ₹7100 at 10% per year for 5 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹1200 at 4% per year for 5 years (in ₹)?
- 3.A cricket kit costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 4.A shopkeeper buys a watch for ₹1800 and sells it for ₹1880. What is the profit (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹5200 at 10% per year for 2 years (in ₹)?
- 6.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1660. What is the profit (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 4 years (in ₹)?
- 8.A shopkeeper buys a table for ₹1450 and sells it for ₹1610. What is the profit (in ₹)?
- 9.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1740. What is the profit (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹7400 at 11% per year for 2 years (in ₹)?
- 11.A watch bought for ₹700 is sold for ₹595. What is the loss per cent?
- 12.A cycle bought for ₹300 is sold for ₹375. What is the profit per cent?
- 13.The price of a box of mangoes changed from ₹80 to ₹100. What is the percentage increase?
- 14.The price of a box of mangoes changed from ₹100 to ₹50. What is the percentage decrease?
- 15.A cooler costs ₹3700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 16.What is the simple interest on ₹7200 at 9% per year for 5 years (in ₹)?
- 17.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
- 18.What is 40% of 440?
- 19.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹430. What is the loss (in ₹)?
- 20.A cricket kit bought for ₹900 is sold for ₹855. What is the loss per cent?
- 21.A cooler costs ₹3100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2880. What is the profit (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹3600 at 2% per year for 2 years (in ₹)?
- 24.What is the simple interest on ₹5000 at 2% per year for 3 years (in ₹)?
- 25.A watch costs ₹2600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 26.A sewing machine bought for ₹3500 is sold for ₹2100. What is the loss per cent?
- 27.What is the simple interest on ₹4600 at 4% per year for 1 year (in ₹)?
- 28.A cycle costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 29.A mobile phone bought for ₹1900 is sold for ₹2470. What is the profit per cent?
- 30.A shopkeeper buys a table for ₹1900 and sells it for ₹1730. What is the loss (in ₹)?
- 31.A shopkeeper buys a watch for ₹1250 and sells it for ₹1180. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹7400 at 6% per year for 3 years (in ₹)?
- 33.What is 55% of 360?
- 34.A shopkeeper buys a cycle for ₹550 and sells it for ₹290. What is the loss (in ₹)?
- 35.What is 40% of 160?
- 36.The price of a bus pass changed from ₹50 to ₹45. What is the percentage decrease?
- 37.What is the simple interest on ₹6900 at 11% per year for 1 year (in ₹)?
- 38.The price of a water bottle changed from ₹100 to ₹50. What is the percentage decrease?
- 39.The price of a cricket ball changed from ₹200 to ₹260. What is the percentage increase?
- 40.A cricket kit bought for ₹1200 is sold for ₹1560. What is the profit per cent?
Answer key
- 3550
- 1440
- 540
- 80
- 6240
- 210
- 9656
- 160
- 290
- 9028
- 15
- 25
- 25
- 50
- 4440
- 3240
- 20
- 176
- 120
- 5
- 2325
- 180
- 3744
- 300
- 3900
- 40
- 184
- 3024
- 30
- 170
- 70
- 8732
- 198
- 260
- 64
- 10
- 759
- 50
- 30
- 30
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