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 ₹7400 at 2% per year for 1 year (in ₹)?
- 2.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
- 3.What is the simple interest on ₹6700 at 4% per year for 1 year (in ₹)?
- 4.A fan costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 5.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1490. What is the loss (in ₹)?
- 6.What is the simple interest on ₹2600 at 3% per year for 4 years (in ₹)?
- 7.A shopkeeper buys a fan for ₹2750 and sells it for ₹2890. What is the profit (in ₹)?
- 8.What is 55% of 980?
- 9.A shopkeeper buys a fan for ₹1250 and sells it for ₹1460. What is the profit (in ₹)?
- 10.The price of a pair of shoes changed from ₹400 to ₹700. What is the percentage increase?
- 11.A mobile phone costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 12.What is 80% of 820?
- 13.A shopkeeper buys a watch for ₹750 and sells it for ₹760. What is the profit (in ₹)?
- 14.What is the simple interest on ₹7300 at 7% per year for 4 years (in ₹)?
- 15.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹120. What is the loss (in ₹)?
- 16.A table bought for ₹3200 is sold for ₹1600. What is the loss per cent?
- 17.What is 15% of 920?
- 18.The price of a water bottle changed from ₹200 to ₹240. What is the percentage increase?
- 19.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 5 years (in ₹)?
- 20.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1370. What is the loss (in ₹)?
- 21.What is the simple interest on ₹2100 at 2% per year for 3 years (in ₹)?
- 22.What is the simple interest on ₹4400 at 12% per year for 3 years (in ₹)?
- 23.A sewing machine costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 24.A watch bought for ₹3300 is sold for ₹2904. What is the loss per cent?
- 25.A watch bought for ₹1100 is sold for ₹968. What is the loss per cent?
- 26.What is the simple interest on ₹2900 at 5% per year for 4 years (in ₹)?
- 27.A cooler bought for ₹2300 is sold for ₹2070. What is the loss per cent?
- 28.What is the simple interest on ₹5600 at 9% per year for 4 years (in ₹)?
- 29.The price of a pair of shoes changed from ₹20 to ₹4. What is the percentage decrease?
- 30.A shopkeeper buys a sewing machine for ₹1300 and sells it for ₹1310. What is the profit (in ₹)?
- 31.A cooler costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 32.What is 75% of 460?
- 33.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 1 year (in ₹)?
- 34.A cycle bought for ₹500 is sold for ₹560. What is the profit per cent?
- 35.What is the amount (principal + simple interest) on ₹6000 at 11% per year for 1 year (in ₹)?
- 36.What is the simple interest on ₹1600 at 7% per year for 5 years (in ₹)?
- 37.What is the simple interest on ₹3500 at 10% per year for 1 year (in ₹)?
- 38.A shopkeeper buys a fan for ₹650 and sells it for ₹870. What is the profit (in ₹)?
- 39.A watch costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 40.The price of a box of mangoes changed from ₹20 to ₹12. What is the percentage decrease?
Answer key
- 7548
- 90
- 268
- 3990
- 60
- 312
- 140
- 539
- 210
- 75
- 5600
- 656
- 10
- 2044
- 230
- 50
- 138
- 20
- 2030
- 130
- 126
- 1584
- 600
- 12
- 12
- 580
- 10
- 2016
- 80
- 10
- 760
- 345
- 3224
- 12
- 6660
- 560
- 350
- 220
- 3248
- 40
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