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.The price of a pair of shoes changed from ₹250 to ₹100. What is the percentage decrease?
- 2.A cooler bought for ₹600 is sold for ₹630. What is the profit per cent?
- 3.A cricket kit bought for ₹1200 is sold for ₹900. What is the loss per cent?
- 4.A table bought for ₹1100 is sold for ₹1430. What is the profit per cent?
- 5.A shopkeeper buys a cooler for ₹3000 and sells it for ₹3090. What is the profit (in ₹)?
- 6.A cycle bought for ₹2600 is sold for ₹2990. What is the profit per cent?
- 7.What is the simple interest on ₹5400 at 9% per year for 5 years (in ₹)?
- 8.A table bought for ₹1400 is sold for ₹840. What is the loss per cent?
- 9.What is the simple interest on ₹6900 at 5% per year for 3 years (in ₹)?
- 10.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2200. What is the profit (in ₹)?
- 11.What is the simple interest on ₹4500 at 4% per year for 3 years (in ₹)?
- 12.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
- 13.A sewing machine costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 14.A mobile phone bought for ₹2300 is sold for ₹2576. What is the profit per cent?
- 15.What is 90% of 520?
- 16.A cricket kit costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 17.The price of a school bag changed from ₹20 to ₹14. What is the percentage decrease?
- 18.The price of a bus pass changed from ₹80 to ₹84. What is the percentage increase?
- 19.A shopkeeper buys a watch for ₹2850 and sells it for ₹2880. What is the profit (in ₹)?
- 20.What is the simple interest on ₹6800 at 7% per year for 1 year (in ₹)?
- 21.What is 5% of 640?
- 22.What is the simple interest on ₹8400 at 11% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹9800 at 6% per year for 1 year (in ₹)?
- 24.A shopkeeper buys a cooler for ₹1700 and sells it for ₹2000. What is the profit (in ₹)?
- 25.What is 20% of 420?
- 26.What is the amount (principal + simple interest) on ₹8100 at 6% per year for 1 year (in ₹)?
- 27.What is the simple interest on ₹7100 at 11% per year for 3 years (in ₹)?
- 28.What is the simple interest on ₹1700 at 11% per year for 5 years (in ₹)?
- 29.A shopkeeper buys a fan for ₹2500 and sells it for ₹2300. What is the loss (in ₹)?
- 30.What is 75% of 620?
- 31.What is 85% of 440?
- 32.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 33.The price of a water bottle changed from ₹400 to ₹600. What is the percentage increase?
- 34.What is 5% of 120?
- 35.What is 25% of 940?
- 36.What is 15% of 280?
- 37.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹860. What is the profit (in ₹)?
- 38.What is 10% of 60?
- 39.A cooler bought for ₹1700 is sold for ₹1496. What is the loss per cent?
- 40.A shopkeeper buys a fan for ₹1350 and sells it for ₹1150. What is the loss (in ₹)?
Answer key
- 60
- 5
- 25
- 30
- 90
- 15
- 2430
- 40
- 1035
- 300
- 540
- 90
- 2375
- 12
- 468
- 450
- 30
- 5
- 30
- 476
- 32
- 924
- 588
- 300
- 84
- 8586
- 2343
- 935
- 200
- 465
- 374
- 60
- 50
- 6
- 235
- 42
- 60
- 6
- 12
- 200
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets