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 mobile phone for ₹1900 and sells it for ₹2070. What is the profit (in ₹)?
- 2.What is 85% of 640?
- 3.A watch bought for ₹4000 is sold for ₹3520. What is the loss per cent?
- 4.A table bought for ₹200 is sold for ₹280. What is the profit per cent?
- 5.A shopkeeper buys a fan for ₹200 and sells it for ₹360. What is the profit (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹5900 at 3% per year for 4 years (in ₹)?
- 7.What is the simple interest on ₹4000 at 12% per year for 3 years (in ₹)?
- 8.A mobile phone costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 9.A shopkeeper buys a table for ₹2700 and sells it for ₹2960. What is the profit (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹9100 at 2% per year for 1 year (in ₹)?
- 11.What is 20% of 160?
- 12.What is the amount (principal + simple interest) on ₹9600 at 6% per year for 3 years (in ₹)?
- 13.What is 60% of 320?
- 14.A fan bought for ₹3200 is sold for ₹2880. What is the loss per cent?
- 15.What is the simple interest on ₹6800 at 2% per year for 5 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹4100 at 12% per year for 1 year (in ₹)?
- 17.What is the simple interest on ₹9400 at 10% per year for 1 year (in ₹)?
- 18.The price of a school bag changed from ₹40 to ₹38. What is the percentage decrease?
- 19.What is the amount (principal + simple interest) on ₹7300 at 6% per year for 4 years (in ₹)?
- 20.A fan bought for ₹2500 is sold for ₹3000. What is the profit per cent?
- 21.A sewing machine costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 22.What is 60% of 440?
- 23.What is the amount (principal + simple interest) on ₹5300 at 10% per year for 5 years (in ₹)?
- 24.What is the simple interest on ₹6900 at 11% per year for 2 years (in ₹)?
- 25.The price of a pair of shoes changed from ₹500 to ₹475. What is the percentage decrease?
- 26.A shopkeeper buys a fan for ₹1200 and sells it for ₹1150. What is the loss (in ₹)?
- 27.A cycle costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 28.What is the simple interest on ₹6100 at 10% per year for 3 years (in ₹)?
- 29.A mobile phone bought for ₹2800 is sold for ₹3136. What is the profit per cent?
- 30.What is 85% of 740?
- 31.What is the amount (principal + simple interest) on ₹6600 at 6% per year for 1 year (in ₹)?
- 32.A mobile phone costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹5000 at 3% per year for 1 year (in ₹)?
- 34.What is 80% of 80?
- 35.A watch costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 36.What is 15% of 960?
- 37.The price of a school bag changed from ₹100 to ₹140. What is the percentage increase?
- 38.A sewing machine bought for ₹900 is sold for ₹810. What is the loss per cent?
- 39.What is 15% of 300?
- 40.The price of a bus pass changed from ₹20 to ₹19. What is the percentage decrease?
Answer key
- 170
- 544
- 12
- 40
- 160
- 6608
- 1440
- 2835
- 260
- 9282
- 32
- 11328
- 192
- 10
- 680
- 4592
- 940
- 5
- 9052
- 20
- 1710
- 264
- 7950
- 1518
- 5
- 50
- 3625
- 1830
- 12
- 629
- 6996
- 3125
- 150
- 64
- 180
- 144
- 40
- 10
- 45
- 5
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets