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 cooler costs ₹1300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 2.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
- 3.A mobile phone bought for ₹200 is sold for ₹100. What is the loss per cent?
- 4.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2580. What is the loss (in ₹)?
- 5.What is 80% of 140?
- 6.A cycle bought for ₹300 is sold for ₹264. What is the loss per cent?
- 7.A shopkeeper buys a fan for ₹1950 and sells it for ₹2020. What is the profit (in ₹)?
- 8.The price of a school bag changed from ₹500 to ₹700. What is the percentage increase?
- 9.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 2 years (in ₹)?
- 10.A fan bought for ₹1100 is sold for ₹968. What is the loss per cent?
- 11.A cycle bought for ₹3600 is sold for ₹4680. What is the profit per cent?
- 12.What is the simple interest on ₹6200 at 9% per year for 1 year (in ₹)?
- 13.What is 30% of 960?
- 14.What is the amount (principal + simple interest) on ₹1800 at 2% per year for 1 year (in ₹)?
- 15.The price of a cricket ball changed from ₹20 to ₹21. What is the percentage increase?
- 16.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2610. What is the profit (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2820. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 2 years (in ₹)?
- 19.What is the simple interest on ₹2900 at 3% per year for 3 years (in ₹)?
- 20.What is 20% of 980?
- 21.A sewing machine bought for ₹200 is sold for ₹100. What is the loss per cent?
- 22.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1250. What is the loss (in ₹)?
- 23.A shopkeeper buys a watch for ₹1750 and sells it for ₹1790. What is the profit (in ₹)?
- 24.What is 5% of 540?
- 25.What is the simple interest on ₹9200 at 9% per year for 3 years (in ₹)?
- 26.The price of a school bag changed from ₹100 to ₹10. What is the percentage decrease?
- 27.What is 15% of 340?
- 28.What is 60% of 580?
- 29.A mobile phone bought for ₹600 is sold for ₹540. What is the loss per cent?
- 30.What is the amount (principal + simple interest) on ₹500 at 6% per year for 2 years (in ₹)?
- 31.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹530. What is the loss (in ₹)?
- 32.The price of a bus pass changed from ₹400 to ₹392. What is the percentage decrease?
- 33.A cooler costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 34.The price of a pair of shoes changed from ₹200 to ₹202. What is the percentage increase?
- 35.The price of a cricket ball changed from ₹100 to ₹180. What is the percentage increase?
- 36.A cycle costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 37.What is 75% of 180?
- 38.What is the amount (principal + simple interest) on ₹2400 at 10% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1000 at 7% per year for 1 year (in ₹)?
- 40.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹940. What is the profit (in ₹)?
Answer key
- 650
- 20
- 50
- 170
- 112
- 12
- 70
- 40
- 2376
- 12
- 30
- 558
- 288
- 1836
- 5
- 110
- 30
- 9672
- 261
- 196
- 50
- 200
- 40
- 27
- 2484
- 90
- 51
- 348
- 10
- 560
- 270
- 2
- 3410
- 1
- 80
- 500
- 135
- 2880
- 1070
- 240
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets