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 cycle costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.A table bought for ₹200 is sold for ₹280. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹800 at 8% per year for 5 years (in ₹)?
- 4.A cycle bought for ₹200 is sold for ₹260. What is the profit per cent?
- 5.What is the simple interest on ₹4400 at 11% per year for 3 years (in ₹)?
- 6.What is the simple interest on ₹9600 at 12% per year for 3 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹800 at 12% per year for 5 years (in ₹)?
- 8.A sewing machine costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 9.A shopkeeper buys a watch for ₹2950 and sells it for ₹2820. What is the loss (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 2 years (in ₹)?
- 11.What is the simple interest on ₹3500 at 11% per year for 2 years (in ₹)?
- 12.A cycle bought for ₹3300 is sold for ₹2640. What is the loss per cent?
- 13.A table bought for ₹1700 is sold for ₹1530. What is the loss per cent?
- 14.A shopkeeper buys a watch for ₹1350 and sells it for ₹1290. What is the loss (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹3000 at 3% per year for 5 years (in ₹)?
- 16.What is the simple interest on ₹1000 at 12% per year for 2 years (in ₹)?
- 17.A table bought for ₹1700 is sold for ₹1020. What is the loss per cent?
- 18.What is the simple interest on ₹4200 at 10% per year for 5 years (in ₹)?
- 19.A table costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹1400 at 9% per year for 2 years (in ₹)?
- 21.What is 55% of 260?
- 22.What is 40% of 160?
- 23.What is 65% of 800?
- 24.The price of a school bag changed from ₹40 to ₹24. What is the percentage decrease?
- 25.A sewing machine bought for ₹3400 is sold for ₹3230. What is the loss per cent?
- 26.What is the amount (principal + simple interest) on ₹6600 at 6% per year for 5 years (in ₹)?
- 27.A cooler costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 28.A shopkeeper buys a cooler for ₹250 and sells it for ₹490. What is the profit (in ₹)?
- 29.What is the simple interest on ₹600 at 8% per year for 5 years (in ₹)?
- 30.The price of a pair of shoes changed from ₹500 to ₹950. What is the percentage increase?
- 31.A shopkeeper buys a fan for ₹2550 and sells it for ₹2770. What is the profit (in ₹)?
- 32.A cricket kit bought for ₹2900 is sold for ₹3625. What is the profit per cent?
- 33.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹3140. What is the profit (in ₹)?
- 34.A cricket kit costs ₹1600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 35.What is 20% of 740?
- 36.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 1 year (in ₹)?
- 37.What is 5% of 520?
- 38.What is 55% of 40?
- 39.What is 20% of 280?
- 40.The price of a school bag changed from ₹500 to ₹750. What is the percentage increase?
Answer key
- 880
- 40
- 1120
- 30
- 1452
- 3456
- 1280
- 1680
- 130
- 7696
- 770
- 20
- 10
- 60
- 3450
- 240
- 40
- 2100
- 750
- 252
- 143
- 64
- 520
- 40
- 5
- 8580
- 1210
- 240
- 240
- 90
- 220
- 25
- 190
- 1360
- 148
- 9020
- 26
- 22
- 56
- 50
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets