← Comparing quantities: percentage, profit and loss, simple interest lesson New set →

Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 110 · 40 sums
TalentJR

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. 1.A fan bought for ₹3500 is sold for ₹2100. What is the loss per cent?
  2. 2.The price of a bus pass changed from ₹50 to ₹49. What is the percentage decrease?
  3. 3.What is 35% of 140?
  4. 4.What is 60% of 480?
  5. 5.A cycle bought for ₹3200 is sold for ₹4160. What is the profit per cent?
  6. 6.A mobile phone costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  7. 7.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 1 year (in ₹)?
  9. 9.What is the simple interest on ₹1000 at 8% per year for 2 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 4 years (in ₹)?
  11. 11.The price of a cricket ball changed from ₹250 to ₹300. What is the percentage increase?
  12. 12.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1190. What is the loss (in ₹)?
  13. 13.What is the simple interest on ₹500 at 3% per year for 3 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 2 years (in ₹)?
  15. 15.A cycle bought for ₹2400 is sold for ₹3000. What is the profit per cent?
  16. 16.What is the simple interest on ₹9200 at 8% per year for 1 year (in ₹)?
  17. 17.What is the simple interest on ₹4100 at 11% per year for 4 years (in ₹)?
  18. 18.A mobile phone bought for ₹2700 is sold for ₹3024. What is the profit per cent?
  19. 19.What is 90% of 680?
  20. 20.The price of a pair of shoes changed from ₹40 to ₹44. What is the percentage increase?
  21. 21.A shopkeeper buys a table for ₹1400 and sells it for ₹1480. What is the profit (in ₹)?
  22. 22.A fan costs ₹1300. It is sold at a 40% loss. What is the selling price (in ₹)?
  23. 23.A watch bought for ₹700 is sold for ₹805. What is the profit per cent?
  24. 24.A cooler bought for ₹500 is sold for ₹525. What is the profit per cent?
  25. 25.The price of a school bag changed from ₹500 to ₹525. What is the percentage increase?
  26. 26.A cricket kit costs ₹1700. It is sold at a 30% profit. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹2400 at 3% per year for 2 years (in ₹)?
  28. 28.What is the simple interest on ₹1400 at 8% per year for 1 year (in ₹)?
  29. 29.What is 5% of 640?
  30. 30.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2400. What is the profit (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹300 and sells it for ₹170. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹700 at 12% per year for 1 year (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹2200 and sells it for ₹1950. What is the loss (in ₹)?
  34. 34.What is 85% of 440?
  35. 35.What is the amount (principal + simple interest) on ₹8800 at 8% per year for 5 years (in ₹)?
  36. 36.What is 10% of 180?
  37. 37.What is the amount (principal + simple interest) on ₹5600 at 3% per year for 4 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹2600 at 7% per year for 2 years (in ₹)?
  39. 39.The price of a bus pass changed from ₹250 to ₹450. What is the percentage increase?
  40. 40.What is 30% of 120?

Answer key

  1. 40
  2. 2
  3. 49
  4. 288
  5. 30
  6. 360
  7. 90
  8. 2835
  9. 160
  10. 7308
  11. 20
  12. 160
  13. 45
  14. 3074
  15. 25
  16. 736
  17. 1804
  18. 12
  19. 612
  20. 10
  21. 80
  22. 780
  23. 15
  24. 5
  25. 5
  26. 2210
  27. 2544
  28. 112
  29. 32
  30. 200
  31. 130
  32. 784
  33. 250
  34. 374
  35. 12320
  36. 18
  37. 6272
  38. 2964
  39. 80
  40. 36

Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets