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 mobile phone bought for ₹1700 is sold for ₹2125. What is the profit per cent?
- 2.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2310. What is the loss (in ₹)?
- 3.A sewing machine costs ₹2400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 4.The price of a water bottle changed from ₹20 to ₹28. What is the percentage increase?
- 5.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1320. What is the profit (in ₹)?
- 6.A shopkeeper buys a watch for ₹2250 and sells it for ₹2290. What is the profit (in ₹)?
- 7.A shopkeeper buys a fan for ₹900 and sells it for ₹830. What is the loss (in ₹)?
- 8.What is the simple interest on ₹5900 at 3% per year for 2 years (in ₹)?
- 9.What is 70% of 640?
- 10.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
- 11.What is 10% of 200?
- 12.What is the amount (principal + simple interest) on ₹1400 at 2% per year for 1 year (in ₹)?
- 13.What is the simple interest on ₹7900 at 6% per year for 5 years (in ₹)?
- 14.The price of a pair of shoes changed from ₹40 to ₹44. What is the percentage increase?
- 15.A fan costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 16.What is 65% of 240?
- 17.A watch costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 18.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1730. What is the profit (in ₹)?
- 19.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
- 20.What is 5% of 780?
- 21.A table bought for ₹1900 is sold for ₹1425. What is the loss per cent?
- 22.What is 15% of 300?
- 23.What is the amount (principal + simple interest) on ₹9300 at 8% per year for 1 year (in ₹)?
- 24.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2600. What is the profit (in ₹)?
- 25.What is the simple interest on ₹800 at 5% per year for 1 year (in ₹)?
- 26.What is 40% of 560?
- 27.What is the simple interest on ₹5900 at 5% per year for 3 years (in ₹)?
- 28.A cricket kit bought for ₹1000 is sold for ₹750. What is the loss per cent?
- 29.The price of a school bag changed from ₹80 to ₹64. What is the percentage decrease?
- 30.What is the simple interest on ₹6000 at 5% per year for 3 years (in ₹)?
- 31.What is 90% of 680?
- 32.What is the amount (principal + simple interest) on ₹9000 at 12% per year for 1 year (in ₹)?
- 33.The price of a school bag changed from ₹500 to ₹300. What is the percentage decrease?
- 34.A cycle costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 35.A table bought for ₹1500 is sold for ₹1320. What is the loss per cent?
- 36.What is 35% of 280?
- 37.A shopkeeper buys a table for ₹900 and sells it for ₹1020. What is the profit (in ₹)?
- 38.The price of a pair of shoes changed from ₹40 to ₹64. What is the percentage increase?
- 39.What is 75% of 860?
- 40.What is the simple interest on ₹4100 at 8% per year for 2 years (in ₹)?
Answer key
- 25
- 40
- 3000
- 40
- 270
- 40
- 70
- 354
- 448
- 20
- 20
- 1428
- 2370
- 10
- 600
- 156
- 1300
- 80
- 60
- 39
- 25
- 45
- 10044
- 250
- 40
- 224
- 885
- 25
- 20
- 900
- 612
- 10080
- 40
- 4620
- 12
- 98
- 120
- 60
- 645
- 656
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets