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 the simple interest on ₹5100 at 2% per year for 2 years (in ₹)?
- 2.The price of a water bottle changed from ₹25 to ₹5. What is the percentage decrease?
- 3.What is the simple interest on ₹3500 at 12% per year for 4 years (in ₹)?
- 4.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2440. What is the profit (in ₹)?
- 5.The price of a pair of shoes changed from ₹80 to ₹20. What is the percentage decrease?
- 6.What is 25% of 780?
- 7.A cooler bought for ₹2500 is sold for ₹3250. What is the profit per cent?
- 8.What is the simple interest on ₹9700 at 6% per year for 3 years (in ₹)?
- 9.What is 65% of 640?
- 10.The price of a bus pass changed from ₹500 to ₹750. What is the percentage increase?
- 11.The price of a pair of shoes changed from ₹250 to ₹175. What is the percentage decrease?
- 12.A watch costs ₹700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 13.What is 65% of 300?
- 14.What is the amount (principal + simple interest) on ₹1200 at 4% per year for 1 year (in ₹)?
- 15.The price of a bus pass changed from ₹400 to ₹600. What is the percentage increase?
- 16.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹550. What is the profit (in ₹)?
- 17.A table costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 18.A shopkeeper buys a cycle for ₹1800 and sells it for ₹1850. What is the profit (in ₹)?
- 19.A cycle costs ₹500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 20.The price of a water bottle changed from ₹20 to ₹15. What is the percentage decrease?
- 21.What is 85% of 140?
- 22.What is the amount (principal + simple interest) on ₹3400 at 9% per year for 2 years (in ₹)?
- 23.What is the simple interest on ₹9500 at 3% per year for 1 year (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹2700 at 11% per year for 3 years (in ₹)?
- 25.A watch bought for ₹2400 is sold for ₹1800. What is the loss per cent?
- 26.A watch bought for ₹2300 is sold for ₹1610. What is the loss per cent?
- 27.A fan costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹6100 at 4% per year for 3 years (in ₹)?
- 29.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1040. What is the loss (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹7000 at 9% per year for 2 years (in ₹)?
- 31.A fan costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 32.A cricket kit costs ₹1400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 33.A sewing machine bought for ₹2300 is sold for ₹2070. What is the loss per cent?
- 34.The price of a pair of shoes changed from ₹50 to ₹25. What is the percentage decrease?
- 35.A fan bought for ₹900 is sold for ₹792. What is the loss per cent?
- 36.What is the amount (principal + simple interest) on ₹3300 at 9% per year for 3 years (in ₹)?
- 37.A table bought for ₹1400 is sold for ₹700. What is the loss per cent?
- 38.What is the amount (principal + simple interest) on ₹4400 at 11% per year for 2 years (in ₹)?
- 39.The price of a bus pass changed from ₹250 to ₹255. What is the percentage increase?
- 40.A cycle costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
Answer key
- 204
- 80
- 1680
- 240
- 75
- 195
- 30
- 1746
- 416
- 50
- 30
- 770
- 195
- 1248
- 50
- 150
- 1050
- 50
- 300
- 25
- 119
- 4012
- 285
- 3591
- 25
- 30
- 4810
- 6832
- 10
- 8260
- 480
- 980
- 10
- 50
- 12
- 4191
- 50
- 5368
- 2
- 2280
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets