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.What is the amount (principal + simple interest) on ₹1100 at 12% per year for 1 year (in ₹)?
- 2.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1860. What is the loss (in ₹)?
- 3.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
- 4.What is 40% of 260?
- 5.What is the simple interest on ₹1000 at 5% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹600 at 11% per year for 4 years (in ₹)?
- 7.The price of a box of mangoes changed from ₹20 to ₹21. What is the percentage increase?
- 8.A cycle costs ₹1400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 9.A cycle bought for ₹4000 is sold for ₹5000. What is the profit per cent?
- 10.What is 5% of 460?
- 11.What is 5% of 1000?
- 12.What is 80% of 760?
- 13.The price of a water bottle changed from ₹200 to ₹198. What is the percentage decrease?
- 14.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹630. What is the profit (in ₹)?
- 15.What is 40% of 60?
- 16.What is the simple interest on ₹8200 at 11% per year for 4 years (in ₹)?
- 17.A fan costs ₹400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 18.A cycle costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹4500 at 2% per year for 5 years (in ₹)?
- 20.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹980. What is the loss (in ₹)?
- 21.The price of a cricket ball changed from ₹200 to ₹198. What is the percentage decrease?
- 22.What is the simple interest on ₹7400 at 11% per year for 1 year (in ₹)?
- 23.The price of a water bottle changed from ₹40 to ₹4. What is the percentage decrease?
- 24.A sewing machine costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 25.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
- 26.The price of a school bag changed from ₹20 to ₹18. What is the percentage decrease?
- 27.What is 30% of 160?
- 28.The price of a box of mangoes changed from ₹20 to ₹12. What is the percentage decrease?
- 29.The price of a cricket ball changed from ₹100 to ₹10. What is the percentage decrease?
- 30.What is 55% of 560?
- 31.The price of a bus pass changed from ₹500 to ₹490. What is the percentage decrease?
- 32.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 3 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹3300 at 5% per year for 3 years (in ₹)?
- 34.A mobile phone bought for ₹2800 is sold for ₹2520. What is the loss per cent?
- 35.A sewing machine bought for ₹2300 is sold for ₹1150. What is the loss per cent?
- 36.A mobile phone bought for ₹400 is sold for ₹420. What is the profit per cent?
- 37.What is 40% of 740?
- 38.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 1 year (in ₹)?
- 39.What is the simple interest on ₹3400 at 2% per year for 2 years (in ₹)?
- 40.What is 25% of 280?
Answer key
- 1232
- 140
- 10
- 104
- 50
- 864
- 5
- 980
- 25
- 23
- 50
- 608
- 1
- 280
- 24
- 3608
- 460
- 550
- 450
- 270
- 1
- 814
- 90
- 2600
- 5
- 10
- 48
- 40
- 90
- 308
- 2
- 5720
- 3795
- 10
- 50
- 5
- 296
- 2884
- 136
- 70
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets