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 85% of 960?
- 2.The price of a box of mangoes changed from ₹200 to ₹180. What is the percentage decrease?
- 3.What is 10% of 820?
- 4.A cooler bought for ₹200 is sold for ₹190. What is the loss per cent?
- 5.What is the simple interest on ₹5100 at 6% per year for 2 years (in ₹)?
- 6.A watch bought for ₹700 is sold for ₹875. What is the profit per cent?
- 7.What is 20% of 900?
- 8.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
- 9.A cycle bought for ₹400 is sold for ₹440. What is the profit per cent?
- 10.A shopkeeper buys a table for ₹850 and sells it for ₹1060. What is the profit (in ₹)?
- 11.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
- 12.The price of a school bag changed from ₹400 to ₹320. What is the percentage decrease?
- 13.What is 80% of 640?
- 14.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹540. What is the profit (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹7700 at 7% per year for 1 year (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹7400 at 4% per year for 3 years (in ₹)?
- 17.A fan bought for ₹500 is sold for ₹250. What is the loss per cent?
- 18.A table costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹4900 at 12% per year for 5 years (in ₹)?
- 20.A cycle bought for ₹2900 is sold for ₹4350. What is the profit per cent?
- 21.The price of a pair of shoes changed from ₹80 to ₹64. What is the percentage decrease?
- 22.A mobile phone costs ₹1300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 5 years (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1540. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹3400 at 12% per year for 3 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 5 years (in ₹)?
- 27.What is the simple interest on ₹8500 at 10% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a watch for ₹1750 and sells it for ₹1570. What is the loss (in ₹)?
- 29.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹740. What is the profit (in ₹)?
- 30.What is 5% of 480?
- 31.A watch bought for ₹3900 is sold for ₹1950. What is the loss per cent?
- 32.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
- 33.What is the amount (principal + simple interest) on ₹7000 at 8% per year for 1 year (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹2300 at 11% per year for 4 years (in ₹)?
- 35.A watch costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹2700 at 3% per year for 5 years (in ₹)?
- 37.A table bought for ₹700 is sold for ₹770. What is the profit per cent?
- 38.The price of a bus pass changed from ₹80 to ₹128. What is the percentage increase?
- 39.What is 25% of 560?
- 40.A table costs ₹3700. It is sold at a 20% profit. What is the selling price (in ₹)?
Answer key
- 816
- 10
- 82
- 5
- 612
- 25
- 180
- 20
- 10
- 210
- 10
- 20
- 512
- 190
- 8239
- 8288
- 50
- 450
- 7840
- 50
- 20
- 1235
- 3080
- 60
- 4624
- 3750
- 850
- 180
- 190
- 24
- 50
- 40
- 7560
- 3312
- 1260
- 405
- 10
- 60
- 140
- 4440
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets