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 5% of 120?
- 2.A fan bought for ₹200 is sold for ₹220. What is the profit per cent?
- 3.A watch bought for ₹2000 is sold for ₹3000. What is the profit per cent?
- 4.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹590. What is the loss (in ₹)?
- 5.The price of a bus pass changed from ₹100 to ₹190. What is the percentage increase?
- 6.A sewing machine bought for ₹400 is sold for ₹560. What is the profit per cent?
- 7.A sewing machine bought for ₹3700 is sold for ₹4810. What is the profit per cent?
- 8.What is the simple interest on ₹7700 at 5% per year for 4 years (in ₹)?
- 9.A shopkeeper buys a table for ₹1500 and sells it for ₹1670. What is the profit (in ₹)?
- 10.A cooler bought for ₹1400 is sold for ₹1610. What is the profit per cent?
- 11.A cycle costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 12.A table costs ₹2700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 2 years (in ₹)?
- 14.A sewing machine costs ₹600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 15.A shopkeeper buys a cooler for ₹2950 and sells it for ₹3010. What is the profit (in ₹)?
- 16.The price of a school bag changed from ₹80 to ₹72. What is the percentage decrease?
- 17.A fan costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 18.The price of a pair of shoes changed from ₹40 to ₹38. What is the percentage decrease?
- 19.A shopkeeper buys a fan for ₹1050 and sells it for ₹1040. What is the loss (in ₹)?
- 20.What is the simple interest on ₹6500 at 6% per year for 2 years (in ₹)?
- 21.The price of a bus pass changed from ₹100 to ₹60. What is the percentage decrease?
- 22.A shopkeeper buys a fan for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
- 23.A cricket kit bought for ₹800 is sold for ₹1120. What is the profit per cent?
- 24.A cricket kit bought for ₹3700 is sold for ₹2590. What is the loss per cent?
- 25.A shopkeeper buys a table for ₹2550 and sells it for ₹2780. What is the profit (in ₹)?
- 26.What is 80% of 60?
- 27.A fan costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 28.A table bought for ₹2700 is sold for ₹3375. What is the profit per cent?
- 29.A sewing machine costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 30.What is 90% of 620?
- 31.What is 80% of 140?
- 32.What is the amount (principal + simple interest) on ₹6700 at 7% per year for 3 years (in ₹)?
- 33.A sewing machine bought for ₹3300 is sold for ₹3795. What is the profit per cent?
- 34.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 3 years (in ₹)?
- 35.A shopkeeper buys a fan for ₹850 and sells it for ₹760. What is the loss (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹5800 at 5% per year for 3 years (in ₹)?
- 37.What is the simple interest on ₹8300 at 3% per year for 4 years (in ₹)?
- 38.What is 40% of 680?
- 39.What is 95% of 460?
- 40.The price of a box of mangoes changed from ₹100 to ₹99. What is the percentage decrease?
Answer key
- 6
- 10
- 50
- 60
- 90
- 40
- 30
- 1540
- 170
- 15
- 1000
- 3780
- 2108
- 840
- 60
- 10
- 1140
- 5
- 10
- 780
- 40
- 170
- 40
- 30
- 230
- 48
- 1680
- 25
- 560
- 558
- 112
- 8107
- 15
- 3770
- 90
- 6670
- 996
- 272
- 437
- 1
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets