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.The price of a water bottle changed from ₹100 to ₹99. What is the percentage decrease?
- 2.A shopkeeper buys a cycle for ₹250 and sells it for ₹420. What is the profit (in ₹)?
- 3.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2730. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 2 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹9500 at 5% per year for 5 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 1 year (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹8400 at 4% per year for 2 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 4 years (in ₹)?
- 9.What is the simple interest on ₹1200 at 2% per year for 2 years (in ₹)?
- 10.What is 25% of 960?
- 11.A shopkeeper buys a cycle for ₹350 and sells it for ₹240. What is the loss (in ₹)?
- 12.A cricket kit costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 13.A fan bought for ₹900 is sold for ₹1035. What is the profit per cent?
- 14.What is 55% of 580?
- 15.What is the simple interest on ₹2900 at 2% per year for 2 years (in ₹)?
- 16.What is 30% of 200?
- 17.What is 15% of 420?
- 18.What is the simple interest on ₹9600 at 12% per year for 4 years (in ₹)?
- 19.A cricket kit costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 20.A shopkeeper buys a cycle for ₹350 and sells it for ₹530. What is the profit (in ₹)?
- 21.What is the simple interest on ₹3900 at 2% per year for 2 years (in ₹)?
- 22.A cycle bought for ₹3400 is sold for ₹4760. What is the profit per cent?
- 23.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 2 years (in ₹)?
- 24.What is 30% of 540?
- 25.A shopkeeper buys a fan for ₹400 and sells it for ₹430. What is the profit (in ₹)?
- 26.A mobile phone costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹7100 at 8% per year for 2 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹4900 at 8% per year for 3 years (in ₹)?
- 29.The price of a school bag changed from ₹100 to ₹190. What is the percentage increase?
- 30.A fan bought for ₹1500 is sold for ₹1950. What is the profit per cent?
- 31.The price of a box of mangoes changed from ₹25 to ₹10. What is the percentage decrease?
- 32.A table costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 33.A mobile phone bought for ₹1500 is sold for ₹1200. What is the loss per cent?
- 34.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2370. What is the loss (in ₹)?
- 35.What is 45% of 640?
- 36.A cricket kit costs ₹2400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 37.A cycle bought for ₹500 is sold for ₹440. What is the loss per cent?
- 38.A shopkeeper buys a cycle for ₹400 and sells it for ₹660. What is the profit (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹6300 at 5% per year for 5 years (in ₹)?
- 40.A table bought for ₹1400 is sold for ₹1330. What is the loss per cent?
Answer key
- 1
- 170
- 80
- 8436
- 11875
- 9744
- 9072
- 9744
- 48
- 240
- 110
- 2100
- 15
- 319
- 116
- 60
- 63
- 4608
- 2850
- 180
- 156
- 40
- 6760
- 162
- 30
- 3570
- 8236
- 6076
- 90
- 30
- 60
- 200
- 20
- 280
- 288
- 1680
- 12
- 260
- 7875
- 5
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets