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 ₹3800 at 12% per year for 5 years (in ₹)?
- 2.What is 40% of 560?
- 3.The price of a box of mangoes changed from ₹40 to ₹56. What is the percentage increase?
- 4.A fan bought for ₹4000 is sold for ₹4600. What is the profit per cent?
- 5.A cricket kit costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 6.A cycle bought for ₹3300 is sold for ₹1650. What is the loss per cent?
- 7.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹190. What is the loss (in ₹)?
- 8.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2460. What is the profit (in ₹)?
- 9.What is the simple interest on ₹2200 at 11% per year for 2 years (in ₹)?
- 10.A watch costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 11.A shopkeeper buys a fan for ₹250 and sells it for ₹50. What is the loss (in ₹)?
- 12.A shopkeeper buys a table for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
- 13.The price of a pair of shoes changed from ₹40 to ₹4. What is the percentage decrease?
- 14.What is 10% of 620?
- 15.A sewing machine bought for ₹700 is sold for ₹735. What is the profit per cent?
- 16.What is the simple interest on ₹6400 at 10% per year for 3 years (in ₹)?
- 17.A cycle costs ₹3200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹3700 at 9% per year for 2 years (in ₹)?
- 19.What is the simple interest on ₹6700 at 12% per year for 4 years (in ₹)?
- 20.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2400. What is the profit (in ₹)?
- 21.What is 15% of 640?
- 22.What is 95% of 640?
- 23.A shopkeeper buys a cooler for ₹950 and sells it for ₹660. What is the loss (in ₹)?
- 24.What is the simple interest on ₹3800 at 10% per year for 3 years (in ₹)?
- 25.What is 15% of 180?
- 26.What is 20% of 500?
- 27.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2420. What is the loss (in ₹)?
- 28.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹2720. What is the loss (in ₹)?
- 29.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
- 30.The price of a cricket ball changed from ₹500 to ₹950. What is the percentage increase?
- 31.A mobile phone costs ₹1800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 32.A cooler costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a fan for ₹950 and sells it for ₹1150. What is the profit (in ₹)?
- 34.A sewing machine costs ₹1300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹5100 at 9% per year for 1 year (in ₹)?
- 36.A cycle bought for ₹2300 is sold for ₹2760. What is the profit per cent?
- 37.A fan bought for ₹1200 is sold for ₹1320. What is the profit per cent?
- 38.A mobile phone bought for ₹2100 is sold for ₹2940. What is the profit per cent?
- 39.What is 45% of 860?
- 40.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 1 year (in ₹)?
Answer key
- 2280
- 224
- 40
- 15
- 1200
- 50
- 110
- 160
- 484
- 1050
- 200
- 240
- 90
- 62
- 5
- 1920
- 2880
- 4366
- 3216
- 300
- 96
- 608
- 290
- 1140
- 27
- 100
- 30
- 280
- 20
- 90
- 2070
- 5100
- 200
- 1560
- 459
- 20
- 10
- 40
- 387
- 6630
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