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 mobile phone costs ₹1700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 2.The price of a box of mangoes changed from ₹200 to ₹50. What is the percentage decrease?
- 3.A shopkeeper buys a watch for ₹1250 and sells it for ₹1120. What is the loss (in ₹)?
- 4.What is 90% of 480?
- 5.A cricket kit bought for ₹300 is sold for ₹180. What is the loss per cent?
- 6.The price of a bus pass changed from ₹40 to ₹64. What is the percentage increase?
- 7.A table costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 8.A watch bought for ₹2300 is sold for ₹2415. What is the profit per cent?
- 9.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
- 10.A cricket kit costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹6300 at 10% per year for 1 year (in ₹)?
- 12.The price of a box of mangoes changed from ₹40 to ₹76. What is the percentage increase?
- 13.What is the amount (principal + simple interest) on ₹9300 at 10% per year for 1 year (in ₹)?
- 14.What is the simple interest on ₹8000 at 6% per year for 4 years (in ₹)?
- 15.What is the simple interest on ₹9200 at 12% per year for 4 years (in ₹)?
- 16.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
- 17.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2950. What is the profit (in ₹)?
- 18.A shopkeeper buys a watch for ₹850 and sells it for ₹1030. What is the profit (in ₹)?
- 19.What is 80% of 740?
- 20.What is the simple interest on ₹5500 at 6% per year for 1 year (in ₹)?
- 21.A cycle bought for ₹1600 is sold for ₹1680. What is the profit per cent?
- 22.What is the amount (principal + simple interest) on ₹4900 at 10% per year for 1 year (in ₹)?
- 23.A watch costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 24.A cycle bought for ₹2300 is sold for ₹1150. What is the loss per cent?
- 25.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹980. What is the profit (in ₹)?
- 26.What is the simple interest on ₹8300 at 3% per year for 4 years (in ₹)?
- 27.What is the simple interest on ₹9300 at 3% per year for 4 years (in ₹)?
- 28.A cricket kit bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 29.A cycle costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹4200 at 4% per year for 1 year (in ₹)?
- 31.The price of a pair of shoes changed from ₹400 to ₹160. What is the percentage decrease?
- 32.A shopkeeper buys a fan for ₹700 and sells it for ₹610. What is the loss (in ₹)?
- 33.What is 85% of 180?
- 34.What is 10% of 880?
- 35.What is 5% of 960?
- 36.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 37.A fan costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 38.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹190. What is the loss (in ₹)?
- 39.What is 85% of 1000?
- 40.What is the simple interest on ₹9900 at 3% per year for 1 year (in ₹)?
Answer key
- 1190
- 75
- 130
- 432
- 40
- 60
- 2450
- 5
- 50
- 3450
- 630
- 90
- 10230
- 1920
- 4416
- 30
- 50
- 180
- 592
- 330
- 5
- 5390
- 980
- 50
- 30
- 996
- 1116
- 20
- 300
- 4368
- 60
- 90
- 153
- 88
- 48
- 40
- 2000
- 60
- 850
- 297
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets