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 65% of 520?
- 2.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1940. What is the profit (in ₹)?
- 3.A table costs ₹1500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 4.A shopkeeper buys a fan for ₹1150 and sells it for ₹1190. What is the profit (in ₹)?
- 5.What is the simple interest on ₹8900 at 7% per year for 5 years (in ₹)?
- 6.A cycle costs ₹2000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 7.A cycle bought for ₹3200 is sold for ₹3840. What is the profit per cent?
- 8.A cycle costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 9.What is 95% of 240?
- 10.What is the amount (principal + simple interest) on ₹2100 at 2% per year for 1 year (in ₹)?
- 11.A watch costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 12.What is the simple interest on ₹1700 at 11% per year for 2 years (in ₹)?
- 13.The price of a water bottle changed from ₹80 to ₹76. What is the percentage decrease?
- 14.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
- 15.What is the amount (principal + simple interest) on ₹7500 at 3% per year for 2 years (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1220. What is the profit (in ₹)?
- 17.A watch bought for ₹400 is sold for ₹340. What is the loss per cent?
- 18.What is 20% of 600?
- 19.What is 95% of 460?
- 20.A sewing machine costs ₹2800. It is sold at a 10% loss. What is the selling price (in ₹)?
- 21.A watch bought for ₹1000 is sold for ₹500. What is the loss per cent?
- 22.The price of a school bag changed from ₹250 to ₹225. What is the percentage decrease?
- 23.The price of a pair of shoes changed from ₹100 to ₹175. What is the percentage increase?
- 24.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
- 25.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 5 years (in ₹)?
- 26.A shopkeeper buys a watch for ₹1950 and sells it for ₹1770. What is the loss (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹2000 at 10% per year for 3 years (in ₹)?
- 28.What is the simple interest on ₹8300 at 11% per year for 1 year (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 3 years (in ₹)?
- 30.The price of a bus pass changed from ₹500 to ₹125. What is the percentage decrease?
- 31.A sewing machine bought for ₹1500 is sold for ₹1125. What is the loss per cent?
- 32.What is the simple interest on ₹9700 at 9% per year for 1 year (in ₹)?
- 33.A shopkeeper buys a fan for ₹600 and sells it for ₹750. What is the profit (in ₹)?
- 34.What is the simple interest on ₹6300 at 2% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹1900 at 12% per year for 1 year (in ₹)?
- 36.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2120. What is the profit (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 1 year (in ₹)?
- 38.A watch costs ₹1000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹3200 at 10% per year for 1 year (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹9000 at 5% per year for 4 years (in ₹)?
Answer key
- 338
- 140
- 2100
- 40
- 3115
- 1600
- 20
- 1725
- 228
- 2142
- 375
- 374
- 5
- 20
- 7950
- 120
- 15
- 120
- 437
- 2520
- 50
- 10
- 75
- 80
- 1210
- 180
- 2600
- 913
- 7056
- 75
- 25
- 873
- 150
- 126
- 228
- 20
- 10656
- 1400
- 3520
- 10800
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets