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 cricket kit for ₹2200 and sells it for ₹2020. What is the loss (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 5 years (in ₹)?
- 3.The price of a box of mangoes changed from ₹40 to ₹42. What is the percentage increase?
- 4.A shopkeeper buys a cooler for ₹200 and sells it for ₹220. What is the profit (in ₹)?
- 5.What is 45% of 920?
- 6.What is the simple interest on ₹1800 at 8% per year for 5 years (in ₹)?
- 7.What is the simple interest on ₹8600 at 2% per year for 1 year (in ₹)?
- 8.What is 35% of 820?
- 9.A cooler costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 10.A watch costs ₹3000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.A fan bought for ₹800 is sold for ₹896. What is the profit per cent?
- 12.What is the amount (principal + simple interest) on ₹8200 at 4% per year for 5 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹5700 at 5% per year for 3 years (in ₹)?
- 14.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
- 15.A shopkeeper buys a watch for ₹850 and sells it for ₹1050. What is the profit (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹8300 at 12% per year for 1 year (in ₹)?
- 17.A cricket kit costs ₹1500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 4 years (in ₹)?
- 19.What is the simple interest on ₹3700 at 7% per year for 1 year (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 2 years (in ₹)?
- 21.A shopkeeper buys a table for ₹900 and sells it for ₹690. What is the loss (in ₹)?
- 22.What is 45% of 360?
- 23.The price of a cricket ball changed from ₹80 to ₹100. What is the percentage increase?
- 24.What is the simple interest on ₹7000 at 9% per year for 4 years (in ₹)?
- 25.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1910. What is the profit (in ₹)?
- 26.A cooler costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹3800 at 8% per year for 4 years (in ₹)?
- 28.A mobile phone costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 29.A sewing machine bought for ₹1900 is sold for ₹2375. What is the profit per cent?
- 30.The price of a box of mangoes changed from ₹40 to ₹76. What is the percentage increase?
- 31.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 2 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹8600 at 2% per year for 5 years (in ₹)?
- 33.What is 45% of 500?
- 34.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
- 35.A shopkeeper buys a table for ₹900 and sells it for ₹1070. What is the profit (in ₹)?
- 36.What is the simple interest on ₹1100 at 10% per year for 1 year (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4500 at 9% per year for 2 years (in ₹)?
- 38.A cycle costs ₹2600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 39.A mobile phone bought for ₹3900 is sold for ₹3510. What is the loss per cent?
- 40.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹610. What is the loss (in ₹)?
Answer key
- 180
- 1300
- 5
- 20
- 414
- 720
- 172
- 287
- 700
- 2700
- 12
- 9840
- 6555
- 60
- 200
- 9296
- 1050
- 2052
- 259
- 10830
- 210
- 162
- 25
- 2520
- 10
- 3840
- 1216
- 840
- 25
- 90
- 2684
- 9460
- 225
- 10
- 170
- 110
- 5310
- 1820
- 10
- 40
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets