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.What is 35% of 60?
- 2.A mobile phone bought for ₹2100 is sold for ₹1470. What is the loss per cent?
- 3.What is 85% of 980?
- 4.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1300. What is the profit (in ₹)?
- 5.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
- 6.A sewing machine costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 7.The price of a pair of shoes changed from ₹40 to ₹32. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 5 years (in ₹)?
- 9.A shopkeeper buys a watch for ₹800 and sells it for ₹1070. What is the profit (in ₹)?
- 10.A mobile phone costs ₹1500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 11.What is 20% of 140?
- 12.A shopkeeper buys a fan for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
- 13.What is 70% of 900?
- 14.A shopkeeper buys a table for ₹1500 and sells it for ₹1200. What is the loss (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹8800 at 3% per year for 2 years (in ₹)?
- 16.A fan bought for ₹600 is sold for ₹450. What is the loss per cent?
- 17.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹510. What is the loss (in ₹)?
- 18.A watch costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 19.What is 35% of 80?
- 20.What is the simple interest on ₹5500 at 8% per year for 5 years (in ₹)?
- 21.What is 30% of 980?
- 22.A cooler costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 23.What is 80% of 520?
- 24.A table bought for ₹3400 is sold for ₹4250. What is the profit per cent?
- 25.A table bought for ₹1900 is sold for ₹2280. What is the profit per cent?
- 26.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 27.A fan bought for ₹200 is sold for ₹160. What is the loss per cent?
- 28.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 2 years (in ₹)?
- 29.What is the simple interest on ₹7000 at 10% per year for 4 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹5100 at 2% per year for 3 years (in ₹)?
- 31.What is the simple interest on ₹3700 at 9% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1190. What is the loss (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹9800 at 10% per year for 1 year (in ₹)?
- 34.A shopkeeper buys a watch for ₹1800 and sells it for ₹1840. What is the profit (in ₹)?
- 35.What is 80% of 720?
- 36.A cycle costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 37.The price of a pair of shoes changed from ₹400 to ₹480. What is the percentage increase?
- 38.What is 85% of 960?
- 39.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 3 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 3 years (in ₹)?
Answer key
- 21
- 30
- 833
- 200
- 2
- 1144
- 20
- 2280
- 270
- 1875
- 28
- 250
- 630
- 300
- 9328
- 25
- 290
- 1100
- 28
- 2200
- 294
- 2352
- 416
- 25
- 20
- 20
- 20
- 1836
- 2800
- 5406
- 666
- 10
- 10780
- 40
- 576
- 975
- 20
- 816
- 13000
- 2660
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets