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 watch bought for ₹2300 is sold for ₹2576. What is the profit per cent?
- 2.What is the amount (principal + simple interest) on ₹6200 at 6% per year for 5 years (in ₹)?
- 3.A shopkeeper buys a watch for ₹2400 and sells it for ₹2200. What is the loss (in ₹)?
- 4.What is the simple interest on ₹7100 at 4% per year for 3 years (in ₹)?
- 5.What is the simple interest on ₹8900 at 3% per year for 3 years (in ₹)?
- 6.What is 45% of 960?
- 7.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1910. What is the profit (in ₹)?
- 8.The price of a pair of shoes changed from ₹200 to ₹150. What is the percentage decrease?
- 9.A sewing machine costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 2 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 3 years (in ₹)?
- 12.What is the simple interest on ₹5800 at 12% per year for 4 years (in ₹)?
- 13.A shopkeeper buys a table for ₹750 and sells it for ₹910. What is the profit (in ₹)?
- 14.What is 95% of 100?
- 15.The price of a pair of shoes changed from ₹500 to ₹800. What is the percentage increase?
- 16.What is 5% of 620?
- 17.A shopkeeper buys a watch for ₹1900 and sells it for ₹2120. What is the profit (in ₹)?
- 18.What is the simple interest on ₹3900 at 11% per year for 3 years (in ₹)?
- 19.A watch costs ₹3100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 20.The price of a bus pass changed from ₹100 to ₹160. What is the percentage increase?
- 21.What is the amount (principal + simple interest) on ₹4700 at 2% per year for 4 years (in ₹)?
- 22.What is 40% of 360?
- 23.What is the simple interest on ₹2400 at 10% per year for 3 years (in ₹)?
- 24.A cycle costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 25.What is 10% of 780?
- 26.What is the simple interest on ₹600 at 12% per year for 3 years (in ₹)?
- 27.The price of a water bottle changed from ₹500 to ₹300. What is the percentage decrease?
- 28.A shopkeeper buys a watch for ₹500 and sells it for ₹580. What is the profit (in ₹)?
- 29.A cricket kit bought for ₹2600 is sold for ₹3900. What is the profit per cent?
- 30.A mobile phone bought for ₹1700 is sold for ₹1275. What is the loss per cent?
- 31.What is 45% of 420?
- 32.A cricket kit bought for ₹4000 is sold for ₹4600. What is the profit per cent?
- 33.A table bought for ₹3900 is sold for ₹4485. What is the profit per cent?
- 34.What is 65% of 440?
- 35.What is the simple interest on ₹8800 at 2% per year for 3 years (in ₹)?
- 36.What is the simple interest on ₹1900 at 12% per year for 2 years (in ₹)?
- 37.What is the simple interest on ₹1400 at 9% per year for 5 years (in ₹)?
- 38.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 39.What is 80% of 940?
- 40.The price of a water bottle changed from ₹50 to ₹80. What is the percentage increase?
Answer key
- 12
- 8060
- 200
- 852
- 801
- 432
- 60
- 25
- 1330
- 6042
- 8160
- 2784
- 160
- 95
- 60
- 31
- 220
- 1287
- 2635
- 60
- 5076
- 144
- 720
- 1496
- 78
- 216
- 40
- 80
- 50
- 25
- 189
- 15
- 15
- 286
- 528
- 456
- 630
- 2100
- 752
- 60
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets