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 ₹3300 at 4% per year for 1 year (in ₹)?
- 2.The price of a bus pass changed from ₹20 to ₹19. What is the percentage decrease?
- 3.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹1040. What is the profit (in ₹)?
- 4.A cricket kit costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 5.What is 45% of 440?
- 6.What is the simple interest on ₹8100 at 7% per year for 5 years (in ₹)?
- 7.A sewing machine bought for ₹3500 is sold for ₹3080. What is the loss per cent?
- 8.A table bought for ₹2600 is sold for ₹1560. What is the loss per cent?
- 9.A fan bought for ₹3100 is sold for ₹3720. What is the profit per cent?
- 10.A shopkeeper buys a table for ₹500 and sells it for ₹720. What is the profit (in ₹)?
- 11.A watch costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 12.The price of a school bag changed from ₹500 to ₹300. What is the percentage decrease?
- 13.The price of a pair of shoes changed from ₹80 to ₹72. What is the percentage decrease?
- 14.A watch costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 15.A mobile phone bought for ₹2400 is sold for ₹2280. What is the loss per cent?
- 16.What is the simple interest on ₹1300 at 5% per year for 3 years (in ₹)?
- 17.A cricket kit costs ₹1700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 18.A shopkeeper buys a cycle for ₹700 and sells it for ₹640. What is the loss (in ₹)?
- 19.A cricket kit bought for ₹2400 is sold for ₹1200. What is the loss per cent?
- 20.A watch costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 1 year (in ₹)?
- 22.A mobile phone bought for ₹3300 is sold for ₹2904. What is the loss per cent?
- 23.A fan bought for ₹1000 is sold for ₹1300. What is the profit per cent?
- 24.The price of a pair of shoes changed from ₹400 to ₹100. What is the percentage decrease?
- 25.A mobile phone bought for ₹700 is sold for ₹560. What is the loss per cent?
- 26.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
- 27.What is the amount (principal + simple interest) on ₹9200 at 9% per year for 2 years (in ₹)?
- 28.A shopkeeper buys a table for ₹1850 and sells it for ₹1760. What is the loss (in ₹)?
- 29.A table costs ₹1700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 30.What is the simple interest on ₹6100 at 7% per year for 5 years (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1980. What is the profit (in ₹)?
- 32.What is 25% of 460?
- 33.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹360. What is the loss (in ₹)?
- 34.A cycle costs ₹200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 35.A cycle bought for ₹3800 is sold for ₹2280. What is the loss per cent?
- 36.A shopkeeper buys a cycle for ₹2450 and sells it for ₹2660. What is the profit (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 1 year (in ₹)?
- 38.A shopkeeper buys a table for ₹1400 and sells it for ₹1610. What is the profit (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹4700 at 11% per year for 2 years (in ₹)?
- 40.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1170. What is the profit (in ₹)?
Answer key
- 132
- 5
- 240
- 935
- 198
- 2835
- 12
- 40
- 20
- 220
- 900
- 40
- 10
- 425
- 5
- 195
- 1530
- 60
- 50
- 3432
- 4120
- 12
- 30
- 75
- 20
- 25
- 10856
- 90
- 850
- 2135
- 280
- 115
- 90
- 260
- 40
- 210
- 10165
- 210
- 5734
- 120
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