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 shopkeeper buys a table for ₹1200 and sells it for ₹1020. What is the loss (in ₹)?
- 2.What is 20% of 60?
- 3.What is 90% of 900?
- 4.What is the simple interest on ₹8400 at 4% per year for 2 years (in ₹)?
- 5.What is 45% of 320?
- 6.A cycle bought for ₹800 is sold for ₹920. What is the profit per cent?
- 7.What is the amount (principal + simple interest) on ₹700 at 3% per year for 4 years (in ₹)?
- 8.A watch costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 9.A cooler costs ₹2400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2120. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹5300 at 6% per year for 2 years (in ₹)?
- 12.What is the simple interest on ₹9300 at 3% per year for 5 years (in ₹)?
- 13.The price of a box of mangoes changed from ₹100 to ₹105. What is the percentage increase?
- 14.What is 85% of 620?
- 15.A watch bought for ₹1200 is sold for ₹1260. What is the profit per cent?
- 16.A table bought for ₹3200 is sold for ₹3680. What is the profit per cent?
- 17.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
- 18.A sewing machine bought for ₹3300 is sold for ₹2475. What is the loss per cent?
- 19.A shopkeeper buys a table for ₹600 and sells it for ₹570. What is the loss (in ₹)?
- 20.What is the simple interest on ₹4700 at 12% per year for 3 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹3700 at 5% per year for 5 years (in ₹)?
- 22.A sewing machine bought for ₹3100 is sold for ₹3875. What is the profit per cent?
- 23.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 3 years (in ₹)?
- 24.A watch bought for ₹1500 is sold for ₹1200. What is the loss per cent?
- 25.The price of a water bottle changed from ₹400 to ₹640. What is the percentage increase?
- 26.What is the simple interest on ₹9700 at 11% per year for 5 years (in ₹)?
- 27.A cycle costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 28.What is 60% of 540?
- 29.What is 25% of 760?
- 30.The price of a bus pass changed from ₹40 to ₹38. What is the percentage decrease?
- 31.What is 40% of 980?
- 32.What is 20% of 700?
- 33.A fan costs ₹2100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 34.What is the simple interest on ₹7300 at 2% per year for 3 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 1 year (in ₹)?
- 36.The price of a pair of shoes changed from ₹250 to ₹100. What is the percentage decrease?
- 37.A shopkeeper buys a watch for ₹2500 and sells it for ₹2480. What is the loss (in ₹)?
- 38.What is 85% of 980?
- 39.A table costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 3 years (in ₹)?
Answer key
- 180
- 12
- 810
- 672
- 144
- 15
- 784
- 1440
- 1200
- 170
- 5936
- 1395
- 5
- 527
- 5
- 15
- 20
- 25
- 30
- 1692
- 4625
- 25
- 7085
- 20
- 60
- 5335
- 1350
- 324
- 190
- 5
- 392
- 140
- 2520
- 438
- 1060
- 60
- 20
- 833
- 1440
- 2464
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets