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.
NameDateTime takenScore ___ / 40
- 1.A shopkeeper buys a cycle for ₹900 and sells it for ₹840. What is the loss (in ₹)?
- 2.What is 85% of 160?
- 3.What is 25% of 900?
- 4.What is the simple interest on ₹2300 at 12% per year for 3 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 2 years (in ₹)?
- 6.What is 10% of 560?
- 7.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1910. What is the profit (in ₹)?
- 8.What is 70% of 920?
- 9.What is 20% of 620?
- 10.What is 20% of 260?
- 11.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹2960. What is the profit (in ₹)?
- 12.A shopkeeper buys a cooler for ₹2000 and sells it for ₹2130. What is the profit (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹6100 at 2% per year for 3 years (in ₹)?
- 14.What is the simple interest on ₹5900 at 4% per year for 3 years (in ₹)?
- 15.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹700. What is the loss (in ₹)?
- 16.The price of a school bag changed from ₹100 to ₹40. What is the percentage decrease?
- 17.What is 35% of 700?
- 18.A shopkeeper buys a cycle for ₹2900 and sells it for ₹3010. What is the profit (in ₹)?
- 19.A table costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 3 years (in ₹)?
- 21.A shopkeeper buys a table for ₹2950 and sells it for ₹3200. What is the profit (in ₹)?
- 22.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
- 23.A cycle costs ₹200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 24.What is 65% of 300?
- 25.A watch costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹2100 at 2% per year for 1 year (in ₹)?
- 27.What is 25% of 220?
- 28.A cycle bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 29.The price of a water bottle changed from ₹250 to ₹225. What is the percentage decrease?
- 30.A mobile phone costs ₹3100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 31.The price of a water bottle changed from ₹200 to ₹160. What is the percentage decrease?
- 32.What is 70% of 100?
- 33.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 2 years (in ₹)?
- 34.What is the simple interest on ₹5300 at 11% per year for 1 year (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹9400 at 3% per year for 2 years (in ₹)?
- 36.The price of a pair of shoes changed from ₹40 to ₹4. What is the percentage decrease?
- 37.A cycle costs ₹300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 38.A fan costs ₹1500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 39.The price of a pair of shoes changed from ₹400 to ₹560. What is the percentage increase?
- 40.A cycle costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
Answer key
- 60
- 136
- 225
- 828
- 7700
- 56
- 10
- 644
- 124
- 52
- 110
- 130
- 6466
- 708
- 250
- 60
- 245
- 110
- 1170
- 4928
- 250
- 80
- 190
- 195
- 210
- 2142
- 55
- 40
- 10
- 2170
- 20
- 70
- 3922
- 583
- 9964
- 90
- 270
- 2250
- 40
- 980
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets