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 cricket kit costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 2.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
- 3.A sewing machine costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 4.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2680. What is the profit (in ₹)?
- 5.A watch costs ₹3800. It is sold at a 10% loss. What is the selling price (in ₹)?
- 6.A cricket kit bought for ₹3400 is sold for ₹4760. What is the profit per cent?
- 7.What is the simple interest on ₹8400 at 10% per year for 2 years (in ₹)?
- 8.A table costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1790. What is the profit (in ₹)?
- 10.A sewing machine bought for ₹600 is sold for ₹720. What is the profit per cent?
- 11.A mobile phone bought for ₹3100 is sold for ₹2170. What is the loss per cent?
- 12.A fan bought for ₹500 is sold for ₹600. What is the profit per cent?
- 13.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2470. What is the profit (in ₹)?
- 14.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2730. What is the loss (in ₹)?
- 15.The price of a pair of shoes changed from ₹20 to ₹15. What is the percentage decrease?
- 16.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
- 17.What is 10% of 780?
- 18.What is the amount (principal + simple interest) on ₹3000 at 3% per year for 2 years (in ₹)?
- 19.A fan bought for ₹3400 is sold for ₹2992. What is the loss per cent?
- 20.What is the simple interest on ₹2300 at 9% per year for 4 years (in ₹)?
- 21.A cooler costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 22.The price of a bus pass changed from ₹100 to ₹120. What is the percentage increase?
- 23.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
- 24.A table bought for ₹500 is sold for ₹600. What is the profit per cent?
- 25.What is the amount (principal + simple interest) on ₹8800 at 11% per year for 5 years (in ₹)?
- 26.What is the simple interest on ₹900 at 3% per year for 1 year (in ₹)?
- 27.The price of a bus pass changed from ₹20 to ₹26. What is the percentage increase?
- 28.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
- 29.A sewing machine costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 30.A shopkeeper buys a table for ₹2450 and sells it for ₹2200. What is the loss (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹4100 at 12% per year for 3 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹700 at 10% per year for 1 year (in ₹)?
- 33.A cooler costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 34.The price of a school bag changed from ₹20 to ₹28. What is the percentage increase?
- 35.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
- 36.What is 40% of 260?
- 37.The price of a bus pass changed from ₹100 to ₹110. What is the percentage increase?
- 38.What is 75% of 40?
- 39.What is the simple interest on ₹3300 at 2% per year for 3 years (in ₹)?
- 40.A table costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
Answer key
- 1750
- 40
- 4290
- 30
- 3420
- 40
- 1680
- 2790
- 290
- 20
- 30
- 20
- 170
- 20
- 25
- 20
- 78
- 3180
- 12
- 828
- 1584
- 20
- 80
- 20
- 13640
- 27
- 30
- 40
- 450
- 250
- 5576
- 770
- 896
- 40
- 40
- 104
- 10
- 30
- 198
- 2475
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets