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 ₹5000 at 8% per year for 2 years (in ₹)?
- 2.A sewing machine costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 1 year (in ₹)?
- 4.A shopkeeper buys a watch for ₹1550 and sells it for ₹1450. What is the loss (in ₹)?
- 5.What is 80% of 420?
- 6.A mobile phone bought for ₹2400 is sold for ₹3000. What is the profit per cent?
- 7.What is the simple interest on ₹8600 at 4% per year for 4 years (in ₹)?
- 8.What is 80% of 180?
- 9.A cooler bought for ₹400 is sold for ₹240. What is the loss per cent?
- 10.What is the amount (principal + simple interest) on ₹3900 at 4% per year for 5 years (in ₹)?
- 11.What is the simple interest on ₹7600 at 2% per year for 1 year (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 1 year (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹2100 at 6% per year for 3 years (in ₹)?
- 14.A cricket kit bought for ₹800 is sold for ₹840. What is the profit per cent?
- 15.What is the simple interest on ₹600 at 4% per year for 5 years (in ₹)?
- 16.A cycle costs ₹3800. It is sold at a 10% loss. What is the selling price (in ₹)?
- 17.A cricket kit costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 18.The price of a box of mangoes changed from ₹200 to ₹250. What is the percentage increase?
- 19.What is the amount (principal + simple interest) on ₹5500 at 4% per year for 1 year (in ₹)?
- 20.The price of a pair of shoes changed from ₹500 to ₹490. What is the percentage decrease?
- 21.A cricket kit bought for ₹700 is sold for ₹595. What is the loss per cent?
- 22.A fan bought for ₹1200 is sold for ₹1260. What is the profit per cent?
- 23.The price of a cricket ball changed from ₹200 to ₹240. What is the percentage increase?
- 24.What is 45% of 500?
- 25.What is the amount (principal + simple interest) on ₹900 at 12% per year for 3 years (in ₹)?
- 26.The price of a pair of shoes changed from ₹200 to ₹40. What is the percentage decrease?
- 27.The price of a water bottle changed from ₹50 to ₹20. What is the percentage decrease?
- 28.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 4 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6700 at 12% per year for 3 years (in ₹)?
- 30.What is 15% of 180?
- 31.The price of a school bag changed from ₹40 to ₹24. What is the percentage decrease?
- 32.A sewing machine costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 33.A cricket kit costs ₹3100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 34.What is the simple interest on ₹8300 at 11% per year for 4 years (in ₹)?
- 35.What is the simple interest on ₹7400 at 12% per year for 3 years (in ₹)?
- 36.A shopkeeper buys a fan for ₹1400 and sells it for ₹1590. What is the profit (in ₹)?
- 37.What is the simple interest on ₹6100 at 2% per year for 5 years (in ₹)?
- 38.A cricket kit costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.What is 35% of 480?
- 40.What is 25% of 720?
Answer key
- 800
- 3450
- 6360
- 100
- 336
- 25
- 1376
- 144
- 40
- 4680
- 152
- 5665
- 2478
- 5
- 120
- 3420
- 3740
- 25
- 5720
- 2
- 15
- 5
- 20
- 225
- 1224
- 80
- 60
- 7440
- 9112
- 27
- 40
- 760
- 3720
- 3652
- 2664
- 190
- 610
- 2310
- 168
- 180
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