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 sewing machine costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹3400 at 9% per year for 3 years (in ₹)?
- 3.A shopkeeper buys a fan for ₹450 and sells it for ₹370. What is the loss (in ₹)?
- 4.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
- 5.A watch bought for ₹3300 is sold for ₹3795. What is the profit per cent?
- 6.What is the amount (principal + simple interest) on ₹6200 at 2% per year for 3 years (in ₹)?
- 7.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1290. What is the loss (in ₹)?
- 8.What is the simple interest on ₹8400 at 8% per year for 4 years (in ₹)?
- 9.The price of a cricket ball changed from ₹400 to ₹420. What is the percentage increase?
- 10.A sewing machine bought for ₹1300 is sold for ₹1690. What is the profit per cent?
- 11.What is 80% of 860?
- 12.What is 10% of 480?
- 13.A cooler bought for ₹2200 is sold for ₹1760. What is the loss per cent?
- 14.What is the amount (principal + simple interest) on ₹1500 at 8% per year for 1 year (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹7800 at 10% per year for 5 years (in ₹)?
- 16.A shopkeeper buys a fan for ₹400 and sells it for ₹260. What is the loss (in ₹)?
- 17.What is 35% of 740?
- 18.The price of a school bag changed from ₹50 to ₹45. What is the percentage decrease?
- 19.The price of a school bag changed from ₹100 to ₹130. What is the percentage increase?
- 20.What is 90% of 300?
- 21.A cycle bought for ₹1700 is sold for ₹1870. What is the profit per cent?
- 22.The price of a pair of shoes changed from ₹400 to ₹760. What is the percentage increase?
- 23.What is 5% of 500?
- 24.The price of a cricket ball changed from ₹200 to ₹280. What is the percentage increase?
- 25.A mobile phone costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 26.A cricket kit costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.A cycle costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 28.A watch bought for ₹2500 is sold for ₹2125. What is the loss per cent?
- 29.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2640. What is the profit (in ₹)?
- 30.What is the simple interest on ₹3800 at 8% per year for 1 year (in ₹)?
- 31.What is 40% of 300?
- 32.A cycle costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 33.A cycle costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 34.A mobile phone bought for ₹3700 is sold for ₹3145. What is the loss per cent?
- 35.A sewing machine costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 36.A sewing machine costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 37.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
- 38.What is the amount (principal + simple interest) on ₹900 at 2% per year for 3 years (in ₹)?
- 39.A mobile phone costs ₹300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 40.What is the simple interest on ₹1600 at 6% per year for 4 years (in ₹)?
Answer key
- 2464
- 4318
- 80
- 80
- 15
- 6572
- 10
- 2688
- 5
- 30
- 688
- 48
- 20
- 1620
- 11700
- 140
- 259
- 10
- 30
- 270
- 10
- 90
- 25
- 40
- 3000
- 510
- 3248
- 15
- 90
- 304
- 120
- 2600
- 665
- 15
- 220
- 3520
- 30
- 954
- 270
- 384
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets