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 sewing machine for ₹2950 and sells it for ₹3030. What is the profit (in ₹)?
- 2.What is the simple interest on ₹6500 at 3% per year for 5 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 3 years (in ₹)?
- 4.A shopkeeper buys a table for ₹2950 and sells it for ₹2850. What is the loss (in ₹)?
- 5.What is 55% of 260?
- 6.What is 30% of 780?
- 7.A shopkeeper buys a table for ₹2450 and sells it for ₹2300. What is the loss (in ₹)?
- 8.What is the simple interest on ₹5100 at 12% per year for 5 years (in ₹)?
- 9.A shopkeeper buys a cycle for ₹1800 and sells it for ₹2040. What is the profit (in ₹)?
- 10.The price of a bus pass changed from ₹20 to ₹36. What is the percentage increase?
- 11.A sewing machine bought for ₹1700 is sold for ₹2550. What is the profit per cent?
- 12.What is the amount (principal + simple interest) on ₹1400 at 5% per year for 1 year (in ₹)?
- 13.What is the simple interest on ₹5500 at 11% per year for 4 years (in ₹)?
- 14.A table costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 15.A shopkeeper buys a cooler for ₹750 and sells it for ₹660. What is the loss (in ₹)?
- 16.A watch bought for ₹3600 is sold for ₹2520. What is the loss per cent?
- 17.What is the simple interest on ₹2500 at 8% per year for 4 years (in ₹)?
- 18.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹3010. What is the profit (in ₹)?
- 19.A sewing machine bought for ₹700 is sold for ₹770. What is the profit per cent?
- 20.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 1 year (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹3200 at 2% per year for 1 year (in ₹)?
- 22.A table bought for ₹300 is sold for ₹240. What is the loss per cent?
- 23.The price of a box of mangoes changed from ₹80 to ₹72. What is the percentage decrease?
- 24.What is 10% of 500?
- 25.What is 70% of 180?
- 26.What is the simple interest on ₹7300 at 6% per year for 3 years (in ₹)?
- 27.What is the simple interest on ₹1000 at 9% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹2000 at 6% per year for 4 years (in ₹)?
- 29.The price of a school bag changed from ₹80 to ₹20. What is the percentage decrease?
- 30.A cricket kit bought for ₹3400 is sold for ₹4420. What is the profit per cent?
- 31.A fan costs ₹2600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹9500 at 12% per year for 3 years (in ₹)?
- 33.A shopkeeper buys a table for ₹2550 and sells it for ₹2650. What is the profit (in ₹)?
- 34.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2050. What is the loss (in ₹)?
- 35.A sewing machine costs ₹3900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1120. What is the loss (in ₹)?
- 37.A fan bought for ₹3500 is sold for ₹4375. What is the profit per cent?
- 38.A cricket kit bought for ₹2100 is sold for ₹1848. What is the loss per cent?
- 39.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 4 years (in ₹)?
- 40.A cooler bought for ₹2200 is sold for ₹2750. What is the profit per cent?
Answer key
- 80
- 975
- 7420
- 100
- 143
- 234
- 150
- 3060
- 240
- 80
- 50
- 1470
- 2420
- 2310
- 90
- 30
- 800
- 60
- 10
- 5304
- 3264
- 20
- 10
- 50
- 126
- 1314
- 360
- 2480
- 75
- 30
- 2080
- 3420
- 100
- 150
- 5460
- 80
- 25
- 12
- 4060
- 25
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets