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 cooler bought for ₹2000 is sold for ₹1800. What is the loss per cent?
- 2.What is the simple interest on ₹3500 at 12% per year for 5 years (in ₹)?
- 3.A mobile phone bought for ₹2600 is sold for ₹3640. What is the profit per cent?
- 4.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 1 year (in ₹)?
- 5.What is the simple interest on ₹2100 at 11% per year for 1 year (in ₹)?
- 6.A sewing machine bought for ₹2600 is sold for ₹1560. What is the loss per cent?
- 7.What is the amount (principal + simple interest) on ₹2300 at 2% per year for 5 years (in ₹)?
- 8.What is the simple interest on ₹6000 at 3% per year for 4 years (in ₹)?
- 9.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
- 10.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 5 years (in ₹)?
- 11.A shopkeeper buys a fan for ₹600 and sells it for ₹540. What is the loss (in ₹)?
- 12.What is the simple interest on ₹900 at 8% per year for 1 year (in ₹)?
- 13.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 14.What is the simple interest on ₹9700 at 9% per year for 3 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹9600 at 12% per year for 4 years (in ₹)?
- 16.A shopkeeper buys a cooler for ₹1800 and sells it for ₹2090. What is the profit (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 2 years (in ₹)?
- 18.A shopkeeper buys a table for ₹1050 and sells it for ₹930. What is the loss (in ₹)?
- 19.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹2870. What is the profit (in ₹)?
- 20.What is 45% of 640?
- 21.What is 95% of 580?
- 22.The price of a pair of shoes changed from ₹80 to ₹72. What is the percentage decrease?
- 23.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
- 24.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 3 years (in ₹)?
- 25.A cricket kit bought for ₹2400 is sold for ₹1680. What is the loss per cent?
- 26.What is 20% of 900?
- 27.The price of a bus pass changed from ₹80 to ₹96. What is the percentage increase?
- 28.A sewing machine bought for ₹1000 is sold for ₹750. What is the loss per cent?
- 29.What is the simple interest on ₹7300 at 11% per year for 4 years (in ₹)?
- 30.What is 75% of 980?
- 31.The price of a box of mangoes changed from ₹20 to ₹38. What is the percentage increase?
- 32.A shopkeeper buys a watch for ₹1900 and sells it for ₹2120. What is the profit (in ₹)?
- 33.The price of a bus pass changed from ₹400 to ₹160. What is the percentage decrease?
- 34.The price of a box of mangoes changed from ₹500 to ₹125. What is the percentage decrease?
- 35.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1380. What is the profit (in ₹)?
- 36.What is the simple interest on ₹1000 at 2% per year for 2 years (in ₹)?
- 37.The price of a pair of shoes changed from ₹200 to ₹40. What is the percentage decrease?
- 38.What is the amount (principal + simple interest) on ₹6700 at 7% per year for 1 year (in ₹)?
- 39.A watch bought for ₹300 is sold for ₹315. What is the profit per cent?
- 40.A watch bought for ₹2100 is sold for ₹1470. What is the loss per cent?
Answer key
- 10
- 2100
- 40
- 9020
- 231
- 40
- 2530
- 720
- 90
- 1725
- 60
- 72
- 80
- 2619
- 14208
- 290
- 10830
- 120
- 120
- 288
- 551
- 10
- 10
- 2071
- 30
- 180
- 20
- 25
- 3212
- 735
- 90
- 220
- 60
- 75
- 230
- 40
- 80
- 7169
- 5
- 30
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets