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 cycle bought for ₹1100 is sold for ₹1232. What is the profit per cent?
- 2.A shopkeeper buys a table for ₹2250 and sells it for ₹2040. What is the loss (in ₹)?
- 3.The price of a water bottle changed from ₹25 to ₹15. What is the percentage decrease?
- 4.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2290. What is the loss (in ₹)?
- 5.What is 45% of 460?
- 6.What is the simple interest on ₹5000 at 7% per year for 4 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹500 at 7% per year for 3 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 1 year (in ₹)?
- 9.A cricket kit costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 10.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
- 11.A cycle bought for ₹2800 is sold for ₹2660. What is the loss per cent?
- 12.A shopkeeper buys a fan for ₹2300 and sells it for ₹2270. What is the loss (in ₹)?
- 13.A mobile phone costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 14.A mobile phone costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹5800 at 8% per year for 2 years (in ₹)?
- 16.What is 45% of 800?
- 17.What is 80% of 660?
- 18.What is 70% of 680?
- 19.What is the amount (principal + simple interest) on ₹5700 at 8% per year for 5 years (in ₹)?
- 20.What is the simple interest on ₹9400 at 4% per year for 2 years (in ₹)?
- 21.A table costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹7400 at 4% per year for 3 years (in ₹)?
- 23.A watch costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹700 at 6% per year for 2 years (in ₹)?
- 25.The price of a pair of shoes changed from ₹500 to ₹250. What is the percentage decrease?
- 26.A table costs ₹1700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹8200 at 5% per year for 4 years (in ₹)?
- 28.A cricket kit bought for ₹2200 is sold for ₹2530. What is the profit per cent?
- 29.What is 10% of 760?
- 30.What is 80% of 520?
- 31.A shopkeeper buys a cycle for ₹700 and sells it for ₹820. What is the profit (in ₹)?
- 32.What is 5% of 720?
- 33.What is 20% of 240?
- 34.What is the amount (principal + simple interest) on ₹7500 at 3% per year for 1 year (in ₹)?
- 35.A sewing machine costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.A cycle bought for ₹500 is sold for ₹475. What is the loss per cent?
- 37.A shopkeeper buys a table for ₹2250 and sells it for ₹2290. What is the profit (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹2200 at 12% per year for 5 years (in ₹)?
- 39.What is 25% of 780?
- 40.What is 5% of 420?
Answer key
- 12
- 210
- 40
- 10
- 207
- 1400
- 605
- 9612
- 1520
- 5
- 5
- 30
- 855
- 630
- 6728
- 360
- 528
- 476
- 7980
- 752
- 2730
- 888
- 448
- 84
- 50
- 1615
- 1640
- 15
- 76
- 416
- 120
- 36
- 48
- 7725
- 784
- 5
- 40
- 3520
- 195
- 21
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets