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 mobile phone costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.A sewing machine bought for ₹1400 is sold for ₹1610. What is the profit per cent?
- 3.What is the simple interest on ₹7100 at 5% per year for 1 year (in ₹)?
- 4.What is 20% of 800?
- 5.The price of a water bottle changed from ₹400 to ₹200. What is the percentage decrease?
- 6.What is 10% of 640?
- 7.A cricket kit bought for ₹3700 is sold for ₹4144. What is the profit per cent?
- 8.The price of a school bag changed from ₹200 to ₹260. What is the percentage increase?
- 9.What is the simple interest on ₹3900 at 2% per year for 2 years (in ₹)?
- 10.What is 90% of 920?
- 11.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹3070. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹3500 at 8% per year for 2 years (in ₹)?
- 13.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2440. What is the loss (in ₹)?
- 14.What is 75% of 1000?
- 15.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 2 years (in ₹)?
- 16.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹410. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹500 at 3% per year for 3 years (in ₹)?
- 18.A cycle costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹7200 at 7% per year for 2 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹10000 at 5% per year for 1 year (in ₹)?
- 21.What is 90% of 280?
- 22.What is the simple interest on ₹8700 at 10% per year for 1 year (in ₹)?
- 23.A watch bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 24.A shopkeeper buys a table for ₹200 and sells it for ₹130. What is the loss (in ₹)?
- 25.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹910. What is the loss (in ₹)?
- 26.A cricket kit costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 27.A sewing machine costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 28.What is 45% of 980?
- 29.What is the amount (principal + simple interest) on ₹1900 at 6% per year for 4 years (in ₹)?
- 30.The price of a school bag changed from ₹40 to ₹76. What is the percentage increase?
- 31.A watch costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 32.A sewing machine costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a cycle for ₹750 and sells it for ₹960. What is the profit (in ₹)?
- 34.What is 90% of 900?
- 35.What is 70% of 240?
- 36.A cricket kit bought for ₹4000 is sold for ₹3800. What is the loss per cent?
- 37.What is the simple interest on ₹800 at 5% per year for 4 years (in ₹)?
- 38.A shopkeeper buys a watch for ₹2150 and sells it for ₹1850. What is the loss (in ₹)?
- 39.What is 80% of 240?
- 40.What is 25% of 500?
Answer key
- 3256
- 15
- 355
- 160
- 50
- 64
- 12
- 30
- 156
- 828
- 270
- 4060
- 260
- 750
- 6384
- 40
- 545
- 3220
- 1008
- 10500
- 252
- 870
- 5
- 70
- 190
- 2000
- 1955
- 441
- 2356
- 90
- 1920
- 500
- 210
- 810
- 168
- 5
- 160
- 300
- 192
- 125
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets