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 shopkeeper buys a watch for ₹2900 and sells it for ₹2860. What is the loss (in ₹)?
- 2.A shopkeeper buys a watch for ₹1700 and sells it for ₹1620. What is the loss (in ₹)?
- 3.What is the simple interest on ₹1200 at 3% per year for 4 years (in ₹)?
- 4.What is 15% of 360?
- 5.A watch costs ₹900. It is sold at a 40% loss. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹800 at 4% per year for 5 years (in ₹)?
- 7.What is the simple interest on ₹8000 at 3% per year for 2 years (in ₹)?
- 8.What is 30% of 560?
- 9.What is 90% of 120?
- 10.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2190. What is the profit (in ₹)?
- 11.A cricket kit costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 12.A watch costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 13.A cooler costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 14.A table bought for ₹900 is sold for ₹1260. What is the profit per cent?
- 15.A shopkeeper buys a cycle for ₹2200 and sells it for ₹2240. What is the profit (in ₹)?
- 16.What is 30% of 80?
- 17.A shopkeeper buys a table for ₹450 and sells it for ₹320. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 2 years (in ₹)?
- 19.What is 40% of 660?
- 20.What is the amount (principal + simple interest) on ₹7100 at 4% per year for 2 years (in ₹)?
- 21.A cricket kit costs ₹3000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹3500 at 3% per year for 1 year (in ₹)?
- 23.What is 45% of 120?
- 24.What is 45% of 700?
- 25.A cycle costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 26.The price of a water bottle changed from ₹400 to ₹760. What is the percentage increase?
- 27.A fan costs ₹3200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 28.What is the simple interest on ₹8200 at 5% per year for 3 years (in ₹)?
- 29.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
- 30.A mobile phone bought for ₹1600 is sold for ₹1408. What is the loss per cent?
- 31.What is the simple interest on ₹4400 at 7% per year for 1 year (in ₹)?
- 32.A cycle costs ₹1000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 33.The price of a school bag changed from ₹20 to ₹19. What is the percentage decrease?
- 34.What is 60% of 140?
- 35.A cooler costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 36.A watch bought for ₹4000 is sold for ₹3520. What is the loss per cent?
- 37.A shopkeeper buys a fan for ₹950 and sells it for ₹850. What is the loss (in ₹)?
- 38.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
- 39.What is the simple interest on ₹1600 at 11% per year for 1 year (in ₹)?
- 40.What is 10% of 620?
Answer key
- 40
- 80
- 144
- 54
- 540
- 160
- 480
- 168
- 108
- 40
- 3740
- 805
- 480
- 40
- 40
- 24
- 130
- 12200
- 264
- 7668
- 2550
- 3605
- 54
- 315
- 1035
- 90
- 4480
- 1230
- 80
- 12
- 308
- 1400
- 5
- 84
- 2340
- 12
- 100
- 40
- 176
- 62
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets