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 cricket kit costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 2.What is the simple interest on ₹2900 at 8% per year for 2 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 5 years (in ₹)?
- 4.What is the simple interest on ₹3900 at 7% per year for 3 years (in ₹)?
- 5.A shopkeeper buys a table for ₹1050 and sells it for ₹1250. What is the profit (in ₹)?
- 6.A cycle costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 7.The price of a cricket ball changed from ₹250 to ₹375. What is the percentage increase?
- 8.What is 20% of 100?
- 9.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
- 10.The price of a pair of shoes changed from ₹400 to ₹40. What is the percentage decrease?
- 11.What is 90% of 700?
- 12.What is the amount (principal + simple interest) on ₹2000 at 8% per year for 5 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 4 years (in ₹)?
- 14.A fan costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 15.What is 75% of 320?
- 16.What is the amount (principal + simple interest) on ₹4100 at 9% per year for 1 year (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 1 year (in ₹)?
- 18.A fan costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 19.The price of a bus pass changed from ₹40 to ₹50. What is the percentage increase?
- 20.A table costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹500 at 6% per year for 1 year (in ₹)?
- 22.What is the simple interest on ₹6800 at 6% per year for 4 years (in ₹)?
- 23.The price of a bus pass changed from ₹20 to ₹21. What is the percentage increase?
- 24.The price of a water bottle changed from ₹40 to ₹64. What is the percentage increase?
- 25.A shopkeeper buys a cycle for ₹600 and sells it for ₹390. What is the loss (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 1 year (in ₹)?
- 27.A shopkeeper buys a table for ₹2800 and sells it for ₹2650. What is the loss (in ₹)?
- 28.A table costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6700 at 12% per year for 1 year (in ₹)?
- 30.What is 60% of 540?
- 31.What is 60% of 400?
- 32.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
- 33.A shopkeeper buys a watch for ₹400 and sells it for ₹520. What is the profit (in ₹)?
- 34.A shopkeeper buys a sewing machine for ₹1300 and sells it for ₹1220. What is the loss (in ₹)?
- 35.A shopkeeper buys a fan for ₹500 and sells it for ₹750. What is the profit (in ₹)?
- 36.A cricket kit costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 37.A mobile phone costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 38.What is 90% of 520?
- 39.What is 90% of 580?
- 40.What is the simple interest on ₹7900 at 8% per year for 2 years (in ₹)?
Answer key
- 4800
- 464
- 2080
- 819
- 200
- 1260
- 50
- 20
- 35
- 90
- 630
- 2800
- 10336
- 1725
- 240
- 4469
- 9879
- 560
- 25
- 1800
- 30
- 1632
- 5
- 60
- 210
- 6695
- 150
- 2160
- 7504
- 324
- 240
- 10
- 120
- 80
- 250
- 1170
- 4025
- 468
- 522
- 1264
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets