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 mobile phone bought for ₹600 is sold for ₹570. What is the loss per cent?
- 2.A mobile phone bought for ₹2300 is sold for ₹2760. What is the profit per cent?
- 3.A cycle costs ₹600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹9100 at 11% per year for 2 years (in ₹)?
- 5.What is 70% of 700?
- 6.A shopkeeper buys a watch for ₹950 and sells it for ₹880. What is the loss (in ₹)?
- 7.What is the simple interest on ₹4400 at 12% per year for 1 year (in ₹)?
- 8.A cricket kit bought for ₹3700 is sold for ₹3145. What is the loss per cent?
- 9.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1300. What is the loss (in ₹)?
- 10.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1120. What is the loss (in ₹)?
- 11.What is 65% of 460?
- 12.What is the amount (principal + simple interest) on ₹7500 at 2% per year for 1 year (in ₹)?
- 13.A mobile phone costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹2300 at 3% per year for 2 years (in ₹)?
- 15.A shopkeeper buys a cooler for ₹550 and sells it for ₹830. What is the profit (in ₹)?
- 16.What is the simple interest on ₹500 at 2% per year for 3 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹3200 at 11% per year for 1 year (in ₹)?
- 18.What is 70% of 80?
- 19.What is the amount (principal + simple interest) on ₹7300 at 11% per year for 2 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹7700 at 12% per year for 4 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹3700 at 12% per year for 4 years (in ₹)?
- 22.What is 20% of 820?
- 23.The price of a cricket ball changed from ₹100 to ₹60. What is the percentage decrease?
- 24.The price of a bus pass changed from ₹50 to ₹35. What is the percentage decrease?
- 25.A table bought for ₹2800 is sold for ₹2520. What is the loss per cent?
- 26.What is the simple interest on ₹5300 at 12% per year for 1 year (in ₹)?
- 27.The price of a box of mangoes changed from ₹80 to ₹144. What is the percentage increase?
- 28.A fan costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹8100 at 2% per year for 2 years (in ₹)?
- 30.A fan bought for ₹2100 is sold for ₹1848. What is the loss per cent?
- 31.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹550. What is the loss (in ₹)?
- 32.A cooler bought for ₹1200 is sold for ₹1140. What is the loss per cent?
- 33.What is 80% of 340?
- 34.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
- 35.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 3 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹5400 at 3% per year for 4 years (in ₹)?
- 37.What is 90% of 440?
- 38.What is 5% of 940?
- 39.What is the simple interest on ₹2200 at 4% per year for 3 years (in ₹)?
- 40.The price of a box of mangoes changed from ₹500 to ₹495. What is the percentage decrease?
Answer key
- 5
- 20
- 660
- 11102
- 490
- 70
- 528
- 15
- 250
- 130
- 299
- 7650
- 600
- 138
- 280
- 30
- 3552
- 56
- 8906
- 11396
- 5476
- 164
- 40
- 30
- 10
- 636
- 80
- 5850
- 324
- 12
- 150
- 5
- 272
- 50
- 2756
- 6048
- 396
- 47
- 264
- 1
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets