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 cycle for ₹850 and sells it for ₹1150. What is the profit (in ₹)?
- 2.What is the simple interest on ₹6700 at 6% per year for 1 year (in ₹)?
- 3.The price of a pair of shoes changed from ₹50 to ₹70. What is the percentage increase?
- 4.A cooler costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 5.What is 85% of 800?
- 6.What is 95% of 160?
- 7.What is 35% of 540?
- 8.What is 40% of 100?
- 9.What is 5% of 620?
- 10.What is the amount (principal + simple interest) on ₹1700 at 6% per year for 3 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 5 years (in ₹)?
- 12.A cycle bought for ₹1300 is sold for ₹1560. What is the profit per cent?
- 13.What is the simple interest on ₹2000 at 7% per year for 3 years (in ₹)?
- 14.A sewing machine bought for ₹3500 is sold for ₹2975. What is the loss per cent?
- 15.A table costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 16.The price of a cricket ball changed from ₹200 to ₹260. What is the percentage increase?
- 17.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
- 18.The price of a school bag changed from ₹80 to ₹72. What is the percentage decrease?
- 19.What is 60% of 540?
- 20.The price of a school bag changed from ₹50 to ₹40. What is the percentage decrease?
- 21.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 5 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 1 year (in ₹)?
- 23.A cooler costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 24.A fan bought for ₹2700 is sold for ₹2025. What is the loss per cent?
- 25.A fan costs ₹1700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 26.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 27.A watch costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 28.What is the simple interest on ₹2500 at 2% per year for 5 years (in ₹)?
- 29.A sewing machine costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 30.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
- 31.The price of a pair of shoes changed from ₹200 to ₹350. What is the percentage increase?
- 32.What is 25% of 440?
- 33.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 1 year (in ₹)?
- 34.What is the simple interest on ₹8600 at 7% per year for 3 years (in ₹)?
- 35.A shopkeeper buys a cooler for ₹950 and sells it for ₹1040. What is the profit (in ₹)?
- 36.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
- 37.The price of a cricket ball changed from ₹20 to ₹35. What is the percentage increase?
- 38.What is the amount (principal + simple interest) on ₹8300 at 11% per year for 4 years (in ₹)?
- 39.A cooler bought for ₹400 is sold for ₹480. What is the profit per cent?
- 40.What is 15% of 700?
Answer key
- 300
- 402
- 40
- 704
- 680
- 152
- 189
- 40
- 31
- 2006
- 8500
- 20
- 420
- 15
- 1232
- 30
- 60
- 10
- 324
- 20
- 11160
- 4704
- 1500
- 25
- 1190
- 40
- 210
- 250
- 3000
- 20
- 75
- 110
- 5600
- 1806
- 90
- 60
- 75
- 11952
- 20
- 105
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets