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 40% of 180?
- 2.A shopkeeper buys a table for ₹2700 and sells it for ₹2650. What is the loss (in ₹)?
- 3.A fan costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 4.A cooler bought for ₹1600 is sold for ₹1360. What is the loss per cent?
- 5.The price of a bus pass changed from ₹50 to ₹95. What is the percentage increase?
- 6.A cycle bought for ₹2900 is sold for ₹1450. What is the loss per cent?
- 7.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
- 8.A mobile phone bought for ₹600 is sold for ₹510. What is the loss per cent?
- 9.What is the simple interest on ₹9200 at 4% per year for 2 years (in ₹)?
- 10.What is 55% of 640?
- 11.What is the simple interest on ₹2200 at 10% per year for 5 years (in ₹)?
- 12.What is the simple interest on ₹8500 at 3% per year for 2 years (in ₹)?
- 13.A cycle costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 14.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1460. What is the profit (in ₹)?
- 15.What is the simple interest on ₹1000 at 8% per year for 1 year (in ₹)?
- 16.A mobile phone bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 17.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
- 18.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹900. What is the profit (in ₹)?
- 19.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1310. What is the profit (in ₹)?
- 20.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2680. What is the loss (in ₹)?
- 21.A watch costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1710. What is the loss (in ₹)?
- 23.The price of a box of mangoes changed from ₹80 to ₹56. What is the percentage decrease?
- 24.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹1080. What is the profit (in ₹)?
- 25.A shopkeeper buys a table for ₹1550 and sells it for ₹1700. What is the profit (in ₹)?
- 26.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
- 27.What is 15% of 140?
- 28.What is 80% of 280?
- 29.The price of a pair of shoes changed from ₹100 to ₹50. What is the percentage decrease?
- 30.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
- 31.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a cycle for ₹200 and sells it for ₹190. What is the loss (in ₹)?
- 33.The price of a cricket ball changed from ₹80 to ₹8. What is the percentage decrease?
- 34.What is the amount (principal + simple interest) on ₹4800 at 6% per year for 2 years (in ₹)?
- 35.A table bought for ₹3900 is sold for ₹4290. What is the profit per cent?
- 36.What is the simple interest on ₹1900 at 7% per year for 2 years (in ₹)?
- 37.A mobile phone costs ₹1200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 38.A sewing machine bought for ₹1400 is sold for ₹980. What is the loss per cent?
- 39.A cricket kit bought for ₹3400 is sold for ₹3230. What is the loss per cent?
- 40.A shopkeeper buys a fan for ₹550 and sells it for ₹680. What is the profit (in ₹)?
Answer key
- 72
- 50
- 840
- 15
- 90
- 50
- 75
- 15
- 736
- 352
- 1100
- 510
- 1800
- 110
- 80
- 12
- 10
- 300
- 60
- 20
- 225
- 290
- 30
- 230
- 150
- 40
- 21
- 224
- 50
- 30
- 2968
- 10
- 90
- 5376
- 10
- 266
- 720
- 30
- 5
- 130
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets