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 sewing machine for ₹1650 and sells it for ₹1370. What is the loss (in ₹)?
- 2.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹320. What is the profit (in ₹)?
- 3.A shopkeeper buys a fan for ₹1900 and sells it for ₹1610. What is the loss (in ₹)?
- 4.A cooler costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 5.What is the simple interest on ₹700 at 2% per year for 1 year (in ₹)?
- 6.What is 65% of 280?
- 7.What is the simple interest on ₹4500 at 2% per year for 3 years (in ₹)?
- 8.What is the simple interest on ₹9200 at 2% per year for 4 years (in ₹)?
- 9.What is 20% of 260?
- 10.The price of a cricket ball changed from ₹80 to ₹112. What is the percentage increase?
- 11.What is 55% of 840?
- 12.The price of a cricket ball changed from ₹80 to ₹16. What is the percentage decrease?
- 13.What is 25% of 580?
- 14.What is the simple interest on ₹6800 at 8% per year for 3 years (in ₹)?
- 15.What is the simple interest on ₹4000 at 2% per year for 1 year (in ₹)?
- 16.The price of a pair of shoes changed from ₹100 to ₹150. What is the percentage increase?
- 17.A fan bought for ₹800 is sold for ₹720. What is the loss per cent?
- 18.What is 95% of 200?
- 19.What is the simple interest on ₹2800 at 8% per year for 5 years (in ₹)?
- 20.What is the simple interest on ₹8600 at 9% per year for 3 years (in ₹)?
- 21.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
- 22.What is the amount (principal + simple interest) on ₹4500 at 2% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹6000 at 11% per year for 3 years (in ₹)?
- 24.The price of a box of mangoes changed from ₹400 to ₹240. What is the percentage decrease?
- 25.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1500. What is the loss (in ₹)?
- 26.A sewing machine bought for ₹3600 is sold for ₹5040. What is the profit per cent?
- 27.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹920. What is the loss (in ₹)?
- 28.A shopkeeper buys a watch for ₹1650 and sells it for ₹1790. What is the profit (in ₹)?
- 29.A cricket kit bought for ₹1000 is sold for ₹750. What is the loss per cent?
- 30.A fan bought for ₹200 is sold for ₹260. What is the profit per cent?
- 31.A watch costs ₹1500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹6100 at 4% per year for 4 years (in ₹)?
- 33.A shopkeeper buys a fan for ₹2250 and sells it for ₹2280. What is the profit (in ₹)?
- 34.A shopkeeper buys a watch for ₹2300 and sells it for ₹2290. What is the loss (in ₹)?
- 35.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1590. What is the profit (in ₹)?
- 36.The price of a box of mangoes changed from ₹200 to ₹180. What is the percentage decrease?
- 37.The price of a cricket ball changed from ₹40 to ₹32. What is the percentage decrease?
- 38.What is the simple interest on ₹3300 at 2% per year for 3 years (in ₹)?
- 39.What is 95% of 40?
- 40.A cycle bought for ₹3800 is sold for ₹5320. What is the profit per cent?
Answer key
- 280
- 120
- 290
- 3920
- 14
- 182
- 270
- 736
- 52
- 40
- 462
- 80
- 145
- 1632
- 80
- 50
- 10
- 190
- 1120
- 2322
- 2
- 4590
- 1980
- 40
- 200
- 40
- 30
- 140
- 25
- 30
- 1800
- 976
- 30
- 10
- 190
- 10
- 20
- 198
- 38
- 40
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets