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 cricket ball changed from ₹40 to ₹8. What is the percentage decrease?
- 2.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 3 years (in ₹)?
- 3.The price of a water bottle changed from ₹400 to ₹500. What is the percentage increase?
- 4.A cricket kit bought for ₹1000 is sold for ₹1300. What is the profit per cent?
- 5.What is 45% of 260?
- 6.What is 95% of 860?
- 7.What is 15% of 480?
- 8.A shopkeeper buys a fan for ₹1700 and sells it for ₹1600. What is the loss (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹4700 at 6% per year for 2 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹9800 at 6% per year for 3 years (in ₹)?
- 11.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1550. What is the loss (in ₹)?
- 12.The price of a box of mangoes changed from ₹40 to ₹42. What is the percentage increase?
- 13.What is the amount (principal + simple interest) on ₹500 at 8% per year for 1 year (in ₹)?
- 14.What is 65% of 140?
- 15.A watch costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 3 years (in ₹)?
- 17.What is the simple interest on ₹9700 at 10% per year for 2 years (in ₹)?
- 18.What is 65% of 220?
- 19.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹860. What is the profit (in ₹)?
- 20.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2640. What is the loss (in ₹)?
- 21.A cricket kit bought for ₹800 is sold for ₹720. What is the loss per cent?
- 22.A cycle bought for ₹400 is sold for ₹300. What is the loss per cent?
- 23.What is the simple interest on ₹7500 at 5% per year for 1 year (in ₹)?
- 24.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 25.The price of a bus pass changed from ₹250 to ₹350. What is the percentage increase?
- 26.What is 75% of 300?
- 27.A mobile phone costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 28.What is the simple interest on ₹500 at 2% per year for 2 years (in ₹)?
- 29.A cricket kit bought for ₹2300 is sold for ₹1380. What is the loss per cent?
- 30.A fan bought for ₹3700 is sold for ₹4255. What is the profit per cent?
- 31.The price of a bus pass changed from ₹20 to ₹10. What is the percentage decrease?
- 32.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 1 year (in ₹)?
- 33.The price of a cricket ball changed from ₹50 to ₹25. What is the percentage decrease?
- 34.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2190. What is the profit (in ₹)?
- 35.A cricket kit costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 36.A shopkeeper buys a fan for ₹700 and sells it for ₹780. What is the profit (in ₹)?
- 37.A table bought for ₹3200 is sold for ₹3040. What is the loss per cent?
- 38.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹820. What is the profit (in ₹)?
- 39.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
- 40.The price of a school bag changed from ₹400 to ₹80. What is the percentage decrease?
Answer key
- 80
- 2926
- 25
- 30
- 117
- 817
- 72
- 100
- 5264
- 11564
- 300
- 5
- 540
- 91
- 850
- 7434
- 1940
- 143
- 160
- 160
- 10
- 25
- 375
- 2100
- 40
- 225
- 3375
- 20
- 40
- 15
- 50
- 2080
- 50
- 140
- 2280
- 80
- 5
- 120
- 20
- 80
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets