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 ₹2300 at 3% per year for 4 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹8900 at 3% per year for 1 year (in ₹)?
- 3.What is the simple interest on ₹1300 at 5% per year for 4 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 3 years (in ₹)?
- 5.The price of a box of mangoes changed from ₹100 to ₹50. What is the percentage decrease?
- 6.The price of a school bag changed from ₹100 to ₹150. What is the percentage increase?
- 7.A shopkeeper buys a fan for ₹1600 and sells it for ₹1800. What is the profit (in ₹)?
- 8.A sewing machine bought for ₹800 is sold for ₹1000. What is the profit per cent?
- 9.A mobile phone bought for ₹2500 is sold for ₹2625. What is the profit per cent?
- 10.A cooler bought for ₹1300 is sold for ₹1820. What is the profit per cent?
- 11.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
- 12.A mobile phone bought for ₹2900 is sold for ₹3480. What is the profit per cent?
- 13.What is the amount (principal + simple interest) on ₹6300 at 11% per year for 2 years (in ₹)?
- 14.A shopkeeper buys a cooler for ₹2850 and sells it for ₹3150. What is the profit (in ₹)?
- 15.What is the simple interest on ₹3000 at 6% per year for 2 years (in ₹)?
- 16.A table bought for ₹1900 is sold for ₹2090. What is the profit per cent?
- 17.A shopkeeper buys a fan for ₹1850 and sells it for ₹1970. What is the profit (in ₹)?
- 18.What is the simple interest on ₹5000 at 9% per year for 5 years (in ₹)?
- 19.The price of a bus pass changed from ₹80 to ₹96. What is the percentage increase?
- 20.A fan bought for ₹1100 is sold for ₹1540. What is the profit per cent?
- 21.A shopkeeper buys a cycle for ₹850 and sells it for ₹940. What is the profit (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2450. What is the loss (in ₹)?
- 23.A mobile phone bought for ₹3000 is sold for ₹1800. What is the loss per cent?
- 24.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 1 year (in ₹)?
- 25.What is the simple interest on ₹3300 at 6% per year for 4 years (in ₹)?
- 26.What is the simple interest on ₹6400 at 6% per year for 4 years (in ₹)?
- 27.A cycle costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 28.A fan costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 29.The price of a pair of shoes changed from ₹50 to ₹45. What is the percentage decrease?
- 30.A mobile phone bought for ₹3500 is sold for ₹2625. What is the loss per cent?
- 31.What is 15% of 500?
- 32.What is the simple interest on ₹2400 at 2% per year for 5 years (in ₹)?
- 33.What is 90% of 640?
- 34.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1870. What is the loss (in ₹)?
- 35.What is the simple interest on ₹3200 at 5% per year for 3 years (in ₹)?
- 36.A cricket kit bought for ₹4000 is sold for ₹4600. What is the profit per cent?
- 37.A shopkeeper buys a fan for ₹1950 and sells it for ₹2000. What is the profit (in ₹)?
- 38.A mobile phone costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 39.What is 60% of 300?
- 40.What is the simple interest on ₹7800 at 2% per year for 1 year (in ₹)?
Answer key
- 276
- 9167
- 260
- 1635
- 50
- 50
- 200
- 25
- 5
- 40
- 20
- 20
- 7686
- 300
- 360
- 10
- 120
- 2250
- 20
- 40
- 90
- 300
- 40
- 1456
- 792
- 1536
- 2280
- 1568
- 10
- 25
- 75
- 240
- 576
- 130
- 480
- 15
- 50
- 3135
- 180
- 156
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