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 30% of 160?
- 2.A shopkeeper buys a fan for ₹2600 and sells it for ₹2690. What is the profit (in ₹)?
- 3.What is 15% of 680?
- 4.A fan bought for ₹3500 is sold for ₹2100. What is the loss per cent?
- 5.A cycle bought for ₹1800 is sold for ₹1350. What is the loss per cent?
- 6.What is the amount (principal + simple interest) on ₹6900 at 9% per year for 1 year (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹3100 at 10% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a fan for ₹2100 and sells it for ₹1950. What is the loss (in ₹)?
- 9.What is 20% of 880?
- 10.What is the simple interest on ₹5300 at 7% per year for 3 years (in ₹)?
- 11.A table bought for ₹3600 is sold for ₹5040. What is the profit per cent?
- 12.What is the simple interest on ₹8100 at 3% per year for 1 year (in ₹)?
- 13.What is 15% of 320?
- 14.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 3 years (in ₹)?
- 15.The price of a bus pass changed from ₹250 to ₹245. What is the percentage decrease?
- 16.A fan costs ₹1600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹900 at 10% per year for 3 years (in ₹)?
- 18.What is 20% of 160?
- 19.A cycle costs ₹2700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 20.A table costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 21.The price of a school bag changed from ₹400 to ₹700. What is the percentage increase?
- 22.A table costs ₹3100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹7400 at 7% per year for 4 years (in ₹)?
- 24.What is 25% of 680?
- 25.The price of a bus pass changed from ₹500 to ₹650. What is the percentage increase?
- 26.The price of a cricket ball changed from ₹50 to ₹90. What is the percentage increase?
- 27.What is the simple interest on ₹3100 at 2% per year for 4 years (in ₹)?
- 28.A shopkeeper buys a table for ₹1800 and sells it for ₹2060. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹9200 at 4% per year for 3 years (in ₹)?
- 30.What is 60% of 160?
- 31.A mobile phone bought for ₹3400 is sold for ₹3570. What is the profit per cent?
- 32.What is the amount (principal + simple interest) on ₹9700 at 9% per year for 4 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹2300 at 5% per year for 1 year (in ₹)?
- 34.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
- 35.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1770. What is the profit (in ₹)?
- 36.A fan costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 37.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
- 38.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
- 39.A cooler costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 40.A shopkeeper buys a fan for ₹1850 and sells it for ₹2100. What is the profit (in ₹)?
Answer key
- 48
- 90
- 102
- 40
- 25
- 7521
- 3410
- 150
- 176
- 1113
- 40
- 243
- 48
- 1560
- 2
- 960
- 270
- 32
- 2295
- 1650
- 75
- 2325
- 2072
- 170
- 30
- 80
- 248
- 260
- 10304
- 96
- 5
- 13192
- 2415
- 30
- 270
- 480
- 40
- 10
- 180
- 250
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets