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 ₹3100 is sold for ₹2635. What is the loss per cent?
- 2.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 4 years (in ₹)?
- 3.A table costs ₹800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 5 years (in ₹)?
- 5.A shopkeeper buys a watch for ₹750 and sells it for ₹940. What is the profit (in ₹)?
- 6.The price of a cricket ball changed from ₹20 to ₹21. What is the percentage increase?
- 7.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2680. What is the profit (in ₹)?
- 8.The price of a pair of shoes changed from ₹500 to ₹475. What is the percentage decrease?
- 9.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 3 years (in ₹)?
- 10.A mobile phone bought for ₹1200 is sold for ₹960. What is the loss per cent?
- 11.What is 40% of 920?
- 12.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 4 years (in ₹)?
- 13.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
- 14.A table costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹8400 at 11% per year for 5 years (in ₹)?
- 16.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
- 17.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1540. What is the profit (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹8600 at 3% per year for 4 years (in ₹)?
- 19.What is 95% of 260?
- 20.What is the amount (principal + simple interest) on ₹8800 at 12% per year for 1 year (in ₹)?
- 21.What is 30% of 100?
- 22.A cooler costs ₹2600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 23.A shopkeeper buys a cycle for ₹1950 and sells it for ₹2180. What is the profit (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹7300 at 10% per year for 3 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 1 year (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹600 at 9% per year for 1 year (in ₹)?
- 27.A shopkeeper buys a cycle for ₹900 and sells it for ₹1160. What is the profit (in ₹)?
- 28.What is the simple interest on ₹7800 at 11% per year for 1 year (in ₹)?
- 29.What is 25% of 860?
- 30.A shopkeeper buys a fan for ₹550 and sells it for ₹520. What is the loss (in ₹)?
- 31.What is the simple interest on ₹1600 at 12% per year for 1 year (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 2 years (in ₹)?
- 33.A shopkeeper buys a watch for ₹300 and sells it for ₹540. What is the profit (in ₹)?
- 34.What is the simple interest on ₹3500 at 11% per year for 2 years (in ₹)?
- 35.The price of a cricket ball changed from ₹80 to ₹64. What is the percentage decrease?
- 36.A fan costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹800 at 7% per year for 5 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹700 at 2% per year for 3 years (in ₹)?
- 39.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1580. What is the profit (in ₹)?
- 40.A watch bought for ₹1600 is sold for ₹2080. What is the profit per cent?
Answer key
- 15
- 1160
- 1200
- 12400
- 190
- 5
- 180
- 5
- 3136
- 20
- 368
- 1080
- 30
- 3640
- 4620
- 25
- 40
- 9632
- 247
- 9856
- 30
- 2210
- 230
- 9490
- 2808
- 654
- 260
- 858
- 215
- 30
- 192
- 9048
- 240
- 770
- 20
- 1050
- 1080
- 742
- 280
- 30
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets