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 fan for ₹700 and sells it for ₹440. What is the loss (in ₹)?
- 2.A mobile phone bought for ₹1000 is sold for ₹1250. What is the profit per cent?
- 3.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹1900. What is the loss (in ₹)?
- 4.A mobile phone bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 5.A shopkeeper buys a table for ₹2900 and sells it for ₹2980. What is the profit (in ₹)?
- 6.A mobile phone costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 7.A shopkeeper buys a watch for ₹200 and sells it for ₹340. What is the profit (in ₹)?
- 8.What is 85% of 240?
- 9.A cycle costs ₹3800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.What is 55% of 980?
- 11.What is the simple interest on ₹7900 at 6% per year for 5 years (in ₹)?
- 12.A fan costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 13.A cooler bought for ₹900 is sold for ₹792. What is the loss per cent?
- 14.What is 25% of 740?
- 15.What is the simple interest on ₹7600 at 6% per year for 5 years (in ₹)?
- 16.What is 80% of 880?
- 17.What is the amount (principal + simple interest) on ₹6100 at 10% per year for 4 years (in ₹)?
- 18.A sewing machine bought for ₹2600 is sold for ₹3640. What is the profit per cent?
- 19.A shopkeeper buys a cycle for ₹600 and sells it for ₹560. What is the loss (in ₹)?
- 20.What is the simple interest on ₹4700 at 9% per year for 5 years (in ₹)?
- 21.A mobile phone costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 22.A sewing machine bought for ₹1100 is sold for ₹990. What is the loss per cent?
- 23.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
- 24.What is 15% of 440?
- 25.What is 45% of 780?
- 26.The price of a box of mangoes changed from ₹400 to ₹640. What is the percentage increase?
- 27.What is the simple interest on ₹9100 at 3% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 2 years (in ₹)?
- 29.A cycle bought for ₹2400 is sold for ₹1920. What is the loss per cent?
- 30.What is the simple interest on ₹7700 at 3% per year for 3 years (in ₹)?
- 31.A shopkeeper buys a table for ₹1200 and sells it for ₹1340. What is the profit (in ₹)?
- 32.What is 70% of 660?
- 33.A sewing machine bought for ₹1800 is sold for ₹1890. What is the profit per cent?
- 34.A watch bought for ₹600 is sold for ₹750. What is the profit per cent?
- 35.What is the simple interest on ₹2200 at 5% per year for 4 years (in ₹)?
- 36.A shopkeeper buys a table for ₹2500 and sells it for ₹2520. What is the profit (in ₹)?
- 37.What is the simple interest on ₹2200 at 4% per year for 5 years (in ₹)?
- 38.A fan costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 39.A fan bought for ₹1500 is sold for ₹1125. What is the loss per cent?
- 40.What is the amount (principal + simple interest) on ₹1800 at 8% per year for 1 year (in ₹)?
Answer key
- 260
- 25
- 200
- 20
- 80
- 3120
- 140
- 204
- 3344
- 539
- 2370
- 560
- 12
- 185
- 2280
- 704
- 8540
- 40
- 40
- 2115
- 595
- 10
- 75
- 66
- 351
- 60
- 1092
- 9570
- 20
- 693
- 140
- 462
- 5
- 25
- 440
- 20
- 440
- 595
- 25
- 1944
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets