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 simple interest on ₹8600 at 2% per year for 5 years (in ₹)?
- 2.A cooler bought for ₹2400 is sold for ₹3120. What is the profit per cent?
- 3.What is 25% of 660?
- 4.A mobile phone bought for ₹2700 is sold for ₹2835. What is the profit per cent?
- 5.The price of a bus pass changed from ₹250 to ₹400. What is the percentage increase?
- 6.What is 65% of 780?
- 7.A watch costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹3200 at 12% per year for 2 years (in ₹)?
- 9.What is the simple interest on ₹3100 at 4% per year for 2 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹5900 at 8% per year for 3 years (in ₹)?
- 11.A fan costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a table for ₹2900 and sells it for ₹2950. What is the profit (in ₹)?
- 13.A fan costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 14.What is 10% of 920?
- 15.What is the simple interest on ₹500 at 8% per year for 1 year (in ₹)?
- 16.What is 10% of 460?
- 17.A mobile phone bought for ₹800 is sold for ₹760. What is the loss per cent?
- 18.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
- 19.A cooler costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 20.A cricket kit costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 21.What is 85% of 600?
- 22.The price of a cricket ball changed from ₹100 to ₹102. What is the percentage increase?
- 23.A mobile phone bought for ₹1500 is sold for ₹1050. What is the loss per cent?
- 24.A table bought for ₹500 is sold for ₹525. What is the profit per cent?
- 25.A shopkeeper buys a watch for ₹350 and sells it for ₹110. What is the loss (in ₹)?
- 26.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
- 27.A table bought for ₹3400 is sold for ₹5100. What is the profit per cent?
- 28.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2810. What is the profit (in ₹)?
- 29.The price of a water bottle changed from ₹400 to ₹396. What is the percentage decrease?
- 30.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
- 31.A shopkeeper buys a cooler for ₹600 and sells it for ₹470. What is the loss (in ₹)?
- 32.A sewing machine bought for ₹2400 is sold for ₹2760. What is the profit per cent?
- 33.What is the simple interest on ₹7200 at 12% per year for 2 years (in ₹)?
- 34.The price of a pair of shoes changed from ₹20 to ₹18. What is the percentage decrease?
- 35.What is 60% of 960?
- 36.What is 30% of 860?
- 37.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
- 38.A sewing machine costs ₹2100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 39.The price of a pair of shoes changed from ₹100 to ₹175. What is the percentage increase?
- 40.What is the amount (principal + simple interest) on ₹1700 at 2% per year for 5 years (in ₹)?
Answer key
- 860
- 30
- 165
- 5
- 60
- 507
- 3060
- 768
- 248
- 7316
- 3410
- 50
- 1760
- 92
- 40
- 46
- 5
- 30
- 1056
- 3500
- 510
- 2
- 30
- 5
- 240
- 35
- 50
- 260
- 1
- 40
- 130
- 15
- 1728
- 10
- 576
- 258
- 60
- 3150
- 75
- 1870
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets