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 shopkeeper buys a cooler for ₹1050 and sells it for ₹830. What is the loss (in ₹)?
- 2.The price of a bus pass changed from ₹250 to ₹245. What is the percentage decrease?
- 3.The price of a bus pass changed from ₹100 to ₹101. What is the percentage increase?
- 4.What is the simple interest on ₹5400 at 4% per year for 3 years (in ₹)?
- 5.What is the simple interest on ₹3000 at 6% per year for 2 years (in ₹)?
- 6.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
- 7.What is 10% of 940?
- 8.What is the amount (principal + simple interest) on ₹800 at 6% per year for 5 years (in ₹)?
- 9.The price of a pair of shoes changed from ₹200 to ₹220. What is the percentage increase?
- 10.The price of a school bag changed from ₹400 to ₹720. What is the percentage increase?
- 11.What is the simple interest on ₹1500 at 2% per year for 3 years (in ₹)?
- 12.A mobile phone bought for ₹3300 is sold for ₹2475. What is the loss per cent?
- 13.A watch bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 14.What is 65% of 40?
- 15.What is 90% of 140?
- 16.What is 30% of 440?
- 17.A fan bought for ₹2000 is sold for ₹3000. What is the profit per cent?
- 18.What is the simple interest on ₹6500 at 10% per year for 4 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹7100 at 10% per year for 2 years (in ₹)?
- 20.The price of a box of mangoes changed from ₹400 to ₹80. What is the percentage decrease?
- 21.What is the simple interest on ₹6200 at 3% per year for 2 years (in ₹)?
- 22.A table bought for ₹700 is sold for ₹840. What is the profit per cent?
- 23.What is 70% of 260?
- 24.A watch bought for ₹3100 is sold for ₹1860. What is the loss per cent?
- 25.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
- 26.What is 85% of 320?
- 27.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 4 years (in ₹)?
- 28.A watch costs ₹3400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 29.A cricket kit costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2490. What is the profit (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹500. What is the profit (in ₹)?
- 32.What is the simple interest on ₹8500 at 7% per year for 1 year (in ₹)?
- 33.A cycle bought for ₹1600 is sold for ₹1760. What is the profit per cent?
- 34.What is the amount (principal + simple interest) on ₹4500 at 4% per year for 2 years (in ₹)?
- 35.A cooler costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹5200 at 8% per year for 5 years (in ₹)?
- 37.A cycle costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 38.A fan costs ₹3700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 39.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
- 40.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2470. What is the profit (in ₹)?
Answer key
- 220
- 2
- 1
- 648
- 360
- 5
- 94
- 1040
- 10
- 80
- 90
- 25
- 20
- 26
- 126
- 132
- 50
- 2600
- 8520
- 80
- 372
- 20
- 182
- 40
- 30
- 272
- 10664
- 3230
- 1260
- 240
- 100
- 595
- 10
- 4860
- 1105
- 2080
- 1200
- 5180
- 20
- 120
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets