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 ₹4900 at 11% per year for 3 years (in ₹)?
- 2.A shopkeeper buys a table for ₹1200 and sells it for ₹1260. What is the profit (in ₹)?
- 3.A watch bought for ₹2100 is sold for ₹2310. What is the profit per cent?
- 4.What is the simple interest on ₹700 at 4% per year for 4 years (in ₹)?
- 5.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹800. What is the profit (in ₹)?
- 6.What is the simple interest on ₹2600 at 2% per year for 1 year (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹900 at 12% per year for 1 year (in ₹)?
- 8.What is the simple interest on ₹6700 at 7% per year for 3 years (in ₹)?
- 9.The price of a cricket ball changed from ₹80 to ₹76. What is the percentage decrease?
- 10.A cycle bought for ₹1200 is sold for ₹1020. What is the loss per cent?
- 11.The price of a school bag changed from ₹20 to ₹5. What is the percentage decrease?
- 12.What is the simple interest on ₹8300 at 3% per year for 5 years (in ₹)?
- 13.A cooler costs ₹2300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 14.A shopkeeper buys a fan for ₹1250 and sells it for ₹950. What is the loss (in ₹)?
- 15.What is 60% of 620?
- 16.The price of a pair of shoes changed from ₹20 to ₹4. What is the percentage decrease?
- 17.A sewing machine costs ₹1800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 18.A mobile phone costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 19.A watch bought for ₹2600 is sold for ₹1560. What is the loss per cent?
- 20.A cricket kit bought for ₹3300 is sold for ₹2475. What is the loss per cent?
- 21.What is the simple interest on ₹9200 at 4% per year for 2 years (in ₹)?
- 22.A table costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹5800 at 5% per year for 2 years (in ₹)?
- 24.A cricket kit costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹5600 at 11% per year for 4 years (in ₹)?
- 26.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
- 27.A fan bought for ₹200 is sold for ₹180. What is the loss per cent?
- 28.A cycle bought for ₹200 is sold for ₹224. What is the profit per cent?
- 29.What is 25% of 160?
- 30.What is the simple interest on ₹9000 at 5% per year for 4 years (in ₹)?
- 31.A mobile phone bought for ₹3400 is sold for ₹2720. What is the loss per cent?
- 32.A table costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 33.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1640. What is the loss (in ₹)?
- 34.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹160. What is the loss (in ₹)?
- 35.A mobile phone costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 36.What is 90% of 800?
- 37.What is the simple interest on ₹3400 at 2% per year for 3 years (in ₹)?
- 38.What is 80% of 620?
- 39.A cooler costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹2300 at 8% per year for 3 years (in ₹)?
Answer key
- 1617
- 60
- 10
- 112
- 50
- 52
- 1008
- 1407
- 5
- 15
- 75
- 1245
- 2530
- 300
- 372
- 80
- 2070
- 700
- 40
- 25
- 736
- 3000
- 6380
- 2520
- 8064
- 60
- 10
- 12
- 40
- 1800
- 20
- 1680
- 10
- 40
- 2376
- 720
- 204
- 496
- 2352
- 2852
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