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 the amount (principal + simple interest) on ₹9800 at 4% per year for 2 years (in ₹)?
- 2.A cooler costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 3.A mobile phone bought for ₹1000 is sold for ₹500. What is the loss per cent?
- 4.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1540. What is the loss (in ₹)?
- 5.A sewing machine costs ₹3800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 6.A cooler costs ₹1400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2220. What is the profit (in ₹)?
- 8.A cricket kit costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5000 at 5% per year for 1 year (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹9300 at 11% per year for 3 years (in ₹)?
- 11.A mobile phone costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.What is 5% of 680?
- 13.What is the amount (principal + simple interest) on ₹3800 at 9% per year for 1 year (in ₹)?
- 14.What is 60% of 240?
- 15.What is 55% of 800?
- 16.What is the simple interest on ₹3600 at 6% per year for 1 year (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
- 18.What is the simple interest on ₹5200 at 4% per year for 4 years (in ₹)?
- 19.What is 30% of 40?
- 20.A sewing machine bought for ₹800 is sold for ₹1040. What is the profit per cent?
- 21.The price of a cricket ball changed from ₹100 to ₹10. What is the percentage decrease?
- 22.What is 90% of 40?
- 23.The price of a school bag changed from ₹40 to ₹32. What is the percentage decrease?
- 24.A cycle costs ₹700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 25.The price of a school bag changed from ₹250 to ₹300. What is the percentage increase?
- 26.What is the simple interest on ₹6500 at 2% per year for 5 years (in ₹)?
- 27.What is the simple interest on ₹1000 at 4% per year for 1 year (in ₹)?
- 28.The price of a cricket ball changed from ₹40 to ₹28. What is the percentage decrease?
- 29.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 3 years (in ₹)?
- 30.What is 65% of 680?
- 31.A watch costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 32.A fan bought for ₹2700 is sold for ₹2565. What is the loss per cent?
- 33.A table costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 34.A cycle bought for ₹2900 is sold for ₹3190. What is the profit per cent?
- 35.The price of a water bottle changed from ₹80 to ₹104. What is the percentage increase?
- 36.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2110. What is the loss (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹900 at 10% per year for 1 year (in ₹)?
- 38.What is the simple interest on ₹7900 at 10% per year for 4 years (in ₹)?
- 39.The price of a school bag changed from ₹100 to ₹25. What is the percentage decrease?
- 40.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹810. What is the profit (in ₹)?
Answer key
- 10584
- 2730
- 50
- 210
- 4560
- 1540
- 70
- 1170
- 5250
- 12369
- 1840
- 34
- 4142
- 144
- 440
- 216
- 210
- 832
- 12
- 30
- 90
- 36
- 20
- 350
- 20
- 650
- 40
- 30
- 2398
- 442
- 1540
- 5
- 3600
- 10
- 30
- 40
- 990
- 3160
- 75
- 160
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets