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.What is the simple interest on ₹2800 at 11% per year for 5 years (in ₹)?
- 2.A watch bought for ₹3300 is sold for ₹4125. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 5 years (in ₹)?
- 4.The price of a school bag changed from ₹250 to ₹275. What is the percentage increase?
- 5.A shopkeeper buys a fan for ₹2750 and sells it for ₹2530. What is the loss (in ₹)?
- 6.What is the simple interest on ₹1800 at 6% per year for 2 years (in ₹)?
- 7.The price of a school bag changed from ₹20 to ₹35. What is the percentage increase?
- 8.A watch costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 9.A mobile phone costs ₹3000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cycle for ₹650 and sells it for ₹370. What is the loss (in ₹)?
- 11.A mobile phone bought for ₹3100 is sold for ₹3720. What is the profit per cent?
- 12.A cooler bought for ₹1900 is sold for ₹2090. What is the profit per cent?
- 13.A table costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 14.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
- 15.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹720. What is the loss (in ₹)?
- 16.A table bought for ₹2000 is sold for ₹1600. What is the loss per cent?
- 17.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2920. What is the profit (in ₹)?
- 18.A cycle costs ₹1200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 19.What is 85% of 360?
- 20.What is the amount (principal + simple interest) on ₹9000 at 11% per year for 1 year (in ₹)?
- 21.A cooler costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 22.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
- 23.What is the simple interest on ₹6500 at 7% per year for 2 years (in ₹)?
- 24.What is 5% of 1000?
- 25.What is the amount (principal + simple interest) on ₹9600 at 2% per year for 4 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹2400 at 9% per year for 3 years (in ₹)?
- 27.A shopkeeper buys a watch for ₹2250 and sells it for ₹2320. What is the profit (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 3 years (in ₹)?
- 29.A shopkeeper buys a fan for ₹1550 and sells it for ₹1800. What is the profit (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹600 at 6% per year for 3 years (in ₹)?
- 31.What is the simple interest on ₹4800 at 11% per year for 5 years (in ₹)?
- 32.What is 60% of 120?
- 33.The price of a pair of shoes changed from ₹40 to ₹24. What is the percentage decrease?
- 34.What is 65% of 960?
- 35.What is the simple interest on ₹600 at 5% per year for 5 years (in ₹)?
- 36.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2480. What is the loss (in ₹)?
- 37.What is 15% of 320?
- 38.What is the simple interest on ₹7600 at 10% per year for 5 years (in ₹)?
- 39.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹1240. What is the profit (in ₹)?
- 40.A shopkeeper buys a cooler for ₹750 and sells it for ₹1000. What is the profit (in ₹)?
Answer key
- 1540
- 25
- 3915
- 10
- 220
- 216
- 75
- 450
- 1500
- 280
- 20
- 10
- 595
- 10
- 30
- 20
- 170
- 960
- 306
- 9990
- 2875
- 50
- 910
- 50
- 10368
- 3048
- 70
- 1560
- 250
- 708
- 2640
- 72
- 40
- 624
- 150
- 170
- 48
- 3800
- 90
- 250
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets