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 mobile phone for ₹950 and sells it for ₹650. What is the loss (in ₹)?
- 2.What is 25% of 400?
- 3.A table costs ₹3200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 4.What is the simple interest on ₹3000 at 2% per year for 2 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹500 at 7% per year for 2 years (in ₹)?
- 6.The price of a pair of shoes changed from ₹500 to ₹50. What is the percentage decrease?
- 7.What is the simple interest on ₹5800 at 2% per year for 5 years (in ₹)?
- 8.A cricket kit costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 9.What is 5% of 420?
- 10.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹1790. What is the loss (in ₹)?
- 11.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1810. What is the profit (in ₹)?
- 12.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
- 13.What is the simple interest on ₹8900 at 7% per year for 5 years (in ₹)?
- 14.What is 95% of 180?
- 15.What is the simple interest on ₹2900 at 11% per year for 1 year (in ₹)?
- 16.A shopkeeper buys a fan for ₹2000 and sells it for ₹2140. What is the profit (in ₹)?
- 17.A shopkeeper buys a table for ₹1150 and sells it for ₹1120. What is the loss (in ₹)?
- 18.What is the simple interest on ₹2600 at 11% per year for 3 years (in ₹)?
- 19.A sewing machine costs ₹3600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 20.A sewing machine costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 21.What is 75% of 800?
- 22.What is the simple interest on ₹7400 at 9% per year for 2 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹3400 at 7% per year for 3 years (in ₹)?
- 24.A shopkeeper buys a table for ₹2850 and sells it for ₹3040. What is the profit (in ₹)?
- 25.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
- 26.What is the simple interest on ₹800 at 3% per year for 1 year (in ₹)?
- 27.A cycle bought for ₹2100 is sold for ₹1260. What is the loss per cent?
- 28.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 2 years (in ₹)?
- 29.A mobile phone bought for ₹1300 is sold for ₹1430. What is the profit per cent?
- 30.The price of a bus pass changed from ₹40 to ₹64. What is the percentage increase?
- 31.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1680. What is the profit (in ₹)?
- 32.What is 30% of 940?
- 33.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹360. What is the profit (in ₹)?
- 34.A shopkeeper buys a watch for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2300 at 3% per year for 3 years (in ₹)?
- 36.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
- 37.A watch costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 38.A mobile phone costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹800 at 3% per year for 4 years (in ₹)?
- 40.A cricket kit costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
Answer key
- 300
- 100
- 2720
- 120
- 570
- 90
- 580
- 3136
- 21
- 260
- 210
- 30
- 3115
- 171
- 319
- 140
- 30
- 858
- 4320
- 3080
- 600
- 1332
- 4114
- 190
- 90
- 24
- 40
- 3240
- 10
- 60
- 30
- 282
- 60
- 10
- 2507
- 20
- 510
- 750
- 896
- 3256
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets