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.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
- 2.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2560. What is the loss (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹4400 at 9% per year for 2 years (in ₹)?
- 4.A shopkeeper buys a fan for ₹1150 and sells it for ₹1300. What is the profit (in ₹)?
- 5.A mobile phone bought for ₹1200 is sold for ₹1380. What is the profit per cent?
- 6.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
- 7.A watch costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 8.A table costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 9.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹720. What is the loss (in ₹)?
- 10.A cricket kit costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.A sewing machine bought for ₹1300 is sold for ₹1495. What is the profit per cent?
- 12.The price of a school bag changed from ₹100 to ₹40. What is the percentage decrease?
- 13.What is 45% of 60?
- 14.A mobile phone costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 15.A table bought for ₹2600 is sold for ₹3120. What is the profit per cent?
- 16.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
- 17.A shopkeeper buys a table for ₹2550 and sells it for ₹2600. What is the profit (in ₹)?
- 18.What is 5% of 500?
- 19.A cooler costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 20.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹1340. What is the profit (in ₹)?
- 21.What is the simple interest on ₹6600 at 9% per year for 5 years (in ₹)?
- 22.What is the simple interest on ₹4100 at 4% per year for 4 years (in ₹)?
- 23.What is 85% of 600?
- 24.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1500. What is the loss (in ₹)?
- 25.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2450. What is the profit (in ₹)?
- 26.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2580. What is the profit (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹9200 at 11% per year for 3 years (in ₹)?
- 28.What is the simple interest on ₹800 at 5% per year for 2 years (in ₹)?
- 29.What is the simple interest on ₹4600 at 3% per year for 5 years (in ₹)?
- 30.A cricket kit bought for ₹200 is sold for ₹140. What is the loss per cent?
- 31.A shopkeeper buys a watch for ₹1300 and sells it for ₹1190. What is the loss (in ₹)?
- 32.A cricket kit costs ₹1200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹5900 at 3% per year for 1 year (in ₹)?
- 34.A watch bought for ₹2100 is sold for ₹2352. What is the profit per cent?
- 35.What is the amount (principal + simple interest) on ₹6100 at 12% per year for 4 years (in ₹)?
- 36.A watch bought for ₹3500 is sold for ₹4200. What is the profit per cent?
- 37.The price of a bus pass changed from ₹200 to ₹202. What is the percentage increase?
- 38.What is the amount (principal + simple interest) on ₹6600 at 7% per year for 1 year (in ₹)?
- 39.A shopkeeper buys a fan for ₹2650 and sells it for ₹2920. What is the profit (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 5 years (in ₹)?
Answer key
- 40
- 140
- 5192
- 150
- 15
- 20
- 1650
- 160
- 180
- 1430
- 15
- 60
- 27
- 550
- 20
- 75
- 50
- 25
- 4000
- 190
- 2970
- 656
- 510
- 50
- 100
- 130
- 12236
- 80
- 690
- 30
- 110
- 1020
- 177
- 12
- 9028
- 20
- 1
- 7062
- 270
- 5125
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets