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 ₹1400 at 4% per year for 5 years (in ₹)?
- 2.What is the simple interest on ₹2300 at 2% per year for 5 years (in ₹)?
- 3.A shopkeeper buys a cooler for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
- 4.A sewing machine costs ₹3700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 1 year (in ₹)?
- 6.A watch bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 7.What is the simple interest on ₹500 at 6% per year for 3 years (in ₹)?
- 8.A fan bought for ₹1400 is sold for ₹1750. What is the profit per cent?
- 9.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2480. What is the profit (in ₹)?
- 10.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹2010. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 3 years (in ₹)?
- 12.A cricket kit bought for ₹2600 is sold for ₹3120. What is the profit per cent?
- 13.A watch costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹5300 at 12% per year for 2 years (in ₹)?
- 15.What is 25% of 620?
- 16.What is the simple interest on ₹9100 at 8% per year for 3 years (in ₹)?
- 17.A fan costs ₹2100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 18.A mobile phone costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 19.The price of a cricket ball changed from ₹200 to ₹20. What is the percentage decrease?
- 20.A sewing machine costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 21.A cycle costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹2900 at 11% per year for 5 years (in ₹)?
- 23.The price of a school bag changed from ₹20 to ₹22. What is the percentage increase?
- 24.A watch costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 25.The price of a water bottle changed from ₹20 to ₹32. What is the percentage increase?
- 26.A cricket kit costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹5000 at 5% per year for 5 years (in ₹)?
- 28.A cycle bought for ₹3500 is sold for ₹2975. What is the loss per cent?
- 29.What is the simple interest on ₹7500 at 6% per year for 2 years (in ₹)?
- 30.A shopkeeper buys a watch for ₹1950 and sells it for ₹1700. What is the loss (in ₹)?
- 31.A cricket kit bought for ₹3300 is sold for ₹4620. What is the profit per cent?
- 32.What is the simple interest on ₹4800 at 7% per year for 1 year (in ₹)?
- 33.The price of a cricket ball changed from ₹400 to ₹40. What is the percentage decrease?
- 34.What is 95% of 860?
- 35.A watch bought for ₹3600 is sold for ₹5400. What is the profit per cent?
- 36.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2610. What is the loss (in ₹)?
- 37.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
- 38.A fan bought for ₹3700 is sold for ₹3330. What is the loss per cent?
- 39.What is the simple interest on ₹4500 at 8% per year for 2 years (in ₹)?
- 40.A cycle costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 280
- 230
- 210
- 4255
- 5616
- 12
- 90
- 25
- 230
- 160
- 3770
- 20
- 3875
- 6572
- 155
- 2184
- 1785
- 1860
- 90
- 2160
- 900
- 1595
- 10
- 2464
- 60
- 1250
- 1250
- 15
- 900
- 250
- 40
- 336
- 90
- 817
- 50
- 240
- 30
- 10
- 720
- 855
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