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 ₹4700 at 3% per year for 3 years (in ₹)?
- 2.A shopkeeper buys a fan for ₹2050 and sells it for ₹2010. What is the loss (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹1100 at 4% per year for 5 years (in ₹)?
- 4.A shopkeeper buys a fan for ₹650 and sells it for ₹540. What is the loss (in ₹)?
- 5.A cycle costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹6600 at 7% per year for 1 year (in ₹)?
- 7.What is 95% of 100?
- 8.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1020. What is the profit (in ₹)?
- 9.A cricket kit costs ₹3200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 10.A fan costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 5 years (in ₹)?
- 12.What is 5% of 80?
- 13.What is the simple interest on ₹7400 at 2% per year for 3 years (in ₹)?
- 14.What is the simple interest on ₹3500 at 7% per year for 4 years (in ₹)?
- 15.A sewing machine bought for ₹3300 is sold for ₹2475. What is the loss per cent?
- 16.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2020. What is the profit (in ₹)?
- 17.What is the simple interest on ₹4200 at 2% per year for 1 year (in ₹)?
- 18.What is 15% of 60?
- 19.What is the simple interest on ₹7200 at 11% per year for 1 year (in ₹)?
- 20.A cricket kit costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹2400 at 9% per year for 5 years (in ₹)?
- 22.What is 55% of 820?
- 23.What is the simple interest on ₹2600 at 7% per year for 5 years (in ₹)?
- 24.What is 85% of 500?
- 25.A cooler bought for ₹800 is sold for ₹1120. What is the profit per cent?
- 26.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹1010. What is the profit (in ₹)?
- 27.What is 95% of 560?
- 28.A mobile phone costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 29.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2220. What is the profit (in ₹)?
- 30.A mobile phone bought for ₹1700 is sold for ₹1955. What is the profit per cent?
- 31.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 3 years (in ₹)?
- 32.What is 5% of 720?
- 33.What is the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 34.What is the simple interest on ₹4900 at 10% per year for 2 years (in ₹)?
- 35.What is 10% of 340?
- 36.A sewing machine bought for ₹300 is sold for ₹150. What is the loss per cent?
- 37.What is the amount (principal + simple interest) on ₹5000 at 4% per year for 4 years (in ₹)?
- 38.A table costs ₹1400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.A shopkeeper buys a watch for ₹650 and sells it for ₹660. What is the profit (in ₹)?
- 40.What is 60% of 300?
Answer key
- 423
- 40
- 1320
- 110
- 2480
- 462
- 95
- 170
- 2240
- 4620
- 10875
- 4
- 444
- 980
- 25
- 120
- 84
- 9
- 792
- 600
- 1080
- 451
- 910
- 425
- 40
- 160
- 532
- 225
- 170
- 15
- 6758
- 36
- 400
- 980
- 34
- 50
- 5800
- 1540
- 10
- 180
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