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 ₹200 and sells it for ₹370. What is the profit (in ₹)?
- 2.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1580. What is the loss (in ₹)?
- 3.A sewing machine costs ₹1300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 4.A watch costs ₹4000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹5700 at 12% per year for 1 year (in ₹)?
- 6.A sewing machine costs ₹2800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 7.What is the simple interest on ₹7200 at 8% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹3030. What is the profit (in ₹)?
- 9.A shopkeeper buys a fan for ₹2950 and sells it for ₹2860. What is the loss (in ₹)?
- 10.A fan bought for ₹500 is sold for ₹525. What is the profit per cent?
- 11.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹990. What is the loss (in ₹)?
- 12.What is the simple interest on ₹6400 at 8% per year for 5 years (in ₹)?
- 13.A table bought for ₹900 is sold for ₹1008. What is the profit per cent?
- 14.What is 40% of 680?
- 15.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹1830. What is the loss (in ₹)?
- 16.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1530. What is the loss (in ₹)?
- 17.What is the simple interest on ₹3300 at 10% per year for 3 years (in ₹)?
- 18.A fan costs ₹2100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 19.What is 75% of 700?
- 20.What is the simple interest on ₹3600 at 8% per year for 1 year (in ₹)?
- 21.A shopkeeper buys a fan for ₹2250 and sells it for ₹2240. What is the loss (in ₹)?
- 22.The price of a bus pass changed from ₹500 to ₹50. What is the percentage decrease?
- 23.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
- 24.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1300. What is the loss (in ₹)?
- 25.A cooler bought for ₹1400 is sold for ₹1680. What is the profit per cent?
- 26.The price of a water bottle changed from ₹80 to ₹152. What is the percentage increase?
- 27.A mobile phone costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 2 years (in ₹)?
- 29.A table bought for ₹700 is sold for ₹630. What is the loss per cent?
- 30.What is the amount (principal + simple interest) on ₹9300 at 11% per year for 4 years (in ₹)?
- 31.A fan costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 32.A cycle bought for ₹2900 is sold for ₹2610. What is the loss per cent?
- 33.What is 90% of 380?
- 34.What is the amount (principal + simple interest) on ₹900 at 3% per year for 2 years (in ₹)?
- 35.What is the simple interest on ₹1300 at 11% per year for 2 years (in ₹)?
- 36.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
- 37.What is the amount (principal + simple interest) on ₹2500 at 8% per year for 1 year (in ₹)?
- 38.A shopkeeper buys a fan for ₹750 and sells it for ₹730. What is the loss (in ₹)?
- 39.A cooler costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 40.A cricket kit bought for ₹3400 is sold for ₹2992. What is the loss per cent?
Answer key
- 170
- 220
- 1495
- 4200
- 6384
- 2100
- 576
- 230
- 90
- 5
- 110
- 2560
- 12
- 272
- 170
- 170
- 990
- 3150
- 525
- 288
- 10
- 90
- 90
- 250
- 20
- 90
- 4485
- 6240
- 10
- 13392
- 2970
- 10
- 342
- 954
- 286
- 40
- 2700
- 20
- 475
- 12
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets