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 fan for ₹1400 and sells it for ₹1500. What is the profit (in ₹)?
- 2.What is 80% of 240?
- 3.What is 55% of 80?
- 4.What is the simple interest on ₹8400 at 3% per year for 4 years (in ₹)?
- 5.The price of a cricket ball changed from ₹250 to ₹125. What is the percentage decrease?
- 6.A sewing machine costs ₹200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 7.A watch costs ₹3100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 8.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1000. What is the loss (in ₹)?
- 9.A table bought for ₹2000 is sold for ₹2500. What is the profit per cent?
- 10.A mobile phone bought for ₹2200 is sold for ₹1936. What is the loss per cent?
- 11.A mobile phone bought for ₹2200 is sold for ₹1650. What is the loss per cent?
- 12.What is 25% of 280?
- 13.What is the amount (principal + simple interest) on ₹600 at 10% per year for 2 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹4700 at 8% per year for 4 years (in ₹)?
- 15.A table costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 16.A cooler costs ₹2900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 17.A shopkeeper buys a fan for ₹1000 and sells it for ₹910. What is the loss (in ₹)?
- 18.A fan bought for ₹400 is sold for ₹600. What is the profit per cent?
- 19.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2670. What is the loss (in ₹)?
- 20.A cooler costs ₹4000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹1800 at 9% per year for 1 year (in ₹)?
- 22.A cooler costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 23.A table bought for ₹600 is sold for ₹300. What is the loss per cent?
- 24.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹660. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹4000 at 9% per year for 1 year (in ₹)?
- 26.A mobile phone costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1940. What is the profit (in ₹)?
- 28.A cricket kit costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 29.A fan bought for ₹1000 is sold for ₹500. What is the loss per cent?
- 30.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1490. What is the loss (in ₹)?
- 31.A cycle costs ₹2900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 32.A fan costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 33.A watch costs ₹2200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 34.A shopkeeper buys a cycle for ₹900 and sells it for ₹1090. What is the profit (in ₹)?
- 35.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
- 36.What is the simple interest on ₹4300 at 6% per year for 5 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4000 at 12% per year for 1 year (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹620. What is the profit (in ₹)?
- 39.What is 70% of 180?
- 40.A shopkeeper buys a cooler for ₹900 and sells it for ₹870. What is the loss (in ₹)?
Answer key
- 100
- 192
- 44
- 1008
- 50
- 224
- 1550
- 250
- 25
- 12
- 25
- 70
- 720
- 6204
- 2310
- 4350
- 90
- 50
- 130
- 5200
- 1962
- 640
- 50
- 190
- 4360
- 4750
- 240
- 1170
- 50
- 110
- 3045
- 1430
- 3300
- 190
- 80
- 1290
- 4480
- 220
- 126
- 30
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets