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Grade 7 · Year 8 · Class 7 · ages 12–13

Profit and loss worksheets.

Free printable profit and loss worksheets with answer keys. Finding profit or loss as a percentage of the cost price, and the selling price after a gain or loss. Choose the level and the number of questions, then download a PDF or print.

  • Grade 7
  • Year 8 · Class 7
  • Ages 12–13
  • PDF + print
  • Answer key
  • Free
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Questions
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Sheet 80003. Change the options above or make a new worksheet.

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Profit and loss

Grade 7 · Medium · 12 questions · Sheet 80003

Name Date Score / 12

  1. 1.Cost price ₹100, selling price ₹80. The loss percent is
  2. 2.Cost price ₹900, selling price ₹1080. The profit percent is
  3. 3.Cost price ₹400, selling price ₹560. The profit percent is
  4. 4.Cost price ₹900, selling price ₹675. The loss percent is
  5. 5.Cost price ₹600, selling price ₹840. The profit percent is
  6. 6.Cost price ₹900, selling price ₹1260. The profit percent is
  7. 7.Cost price ₹100, selling price ₹125. The profit percent is
  8. 8.Cost price ₹800, selling price ₹720. The loss percent is
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Profit and loss

Grade 7 · Medium · 12 questions · Sheet 80003

Name Date Score / 12

  1. 9.Cost price ₹500, selling price ₹750. The profit percent is
  2. 10.Cost price ₹800, selling price ₹400. The loss percent is
  3. 11.Cost price ₹800, selling price ₹1200. The profit percent is
  4. 12.Cost price ₹600, selling price ₹300. The loss percent is
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About profit and loss worksheets

Finding profit or loss as a percentage of the cost price, and the selling price after a gain or loss. This worksheet maker is aimed at Grade 7 (Year 8, Class 7) (ages 12–13) and makes new questions every time, with the answers worked out by a maths engine.

Teaching tip

Profit percent = profit ÷ cost price × 100. Always compare the change with the cost price, not the selling price.

What the three levels look like

  • Easy: Cost price ₹300, selling price ₹375. The profit percent is ___
  • Medium: Cost price ₹100, selling price ₹75. The loss percent is ___
  • Challenge: A shopkeeper buys an article for ₹700 and sells it at a 20% profit. The selling price is ₹ ___

Keep going

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FAQ

Profit and loss worksheets: questions

What grade are profit and loss worksheets for?

Profit and loss is usually taught around Grade 7 (Year 8, Class 7), for ages 12–13. Every grade has an easy, medium and challenge level, so you can go back to an earlier level or push ahead.

Do these profit and loss worksheets include an answer key?

Yes. Press Download PDF with the answer key switched on and the last page lists every answer. Turn the key off for a clean student copy.

Can I make a new worksheet with different questions?

Yes. Press New worksheet for a fresh set of questions. Each sheet has a sheet number printed on it; open this page with the same level, question count and number to get exactly the same sheet again.

How do I help a child who finds profit and loss hard?

Profit percent = profit ÷ cost price × 100. Always compare the change with the cost price, not the selling price. Start with the easy level, and practise a few minutes every day rather than one long session.

What is a quick way to find a percentage of a number?

Find 10% by dividing by 10, then build the others: 5% is half of 10%, 20% is double 10% and 25% is a quarter.

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