← 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 124 · 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.What is the amount (principal + simple interest) on ₹6200 at 4% per year for 1 year (in ₹)?
  2. 2.A mobile phone bought for ₹3200 is sold for ₹2240. What is the loss per cent?
  3. 3.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1780. What is the loss (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹3900 at 8% per year for 1 year (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹9000 at 3% per year for 3 years (in ₹)?
  6. 6.What is 65% of 240?
  7. 7.What is the amount (principal + simple interest) on ₹9100 at 5% per year for 5 years (in ₹)?
  8. 8.A cooler bought for ₹500 is sold for ₹450. What is the loss per cent?
  9. 9.A cricket kit bought for ₹900 is sold for ₹792. What is the loss per cent?
  10. 10.A cycle costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 2 years (in ₹)?
  12. 12.A cricket kit bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  13. 13.What is 95% of 940?
  14. 14.What is the simple interest on ₹5000 at 9% per year for 2 years (in ₹)?
  15. 15.A cricket kit bought for ₹3300 is sold for ₹1650. What is the loss per cent?
  16. 16.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
  17. 17.What is 70% of 800?
  18. 18.What is 40% of 60?
  19. 19.A shopkeeper buys a fan for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
  20. 20.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
  21. 21.What is the amount (principal + simple interest) on ₹3700 at 8% per year for 4 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 4 years (in ₹)?
  23. 23.What is 45% of 360?
  24. 24.What is 65% of 440?
  25. 25.A table bought for ₹2700 is sold for ₹2970. What is the profit per cent?
  26. 26.A cricket kit costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
  27. 27.A mobile phone costs ₹2600. It is sold at a 50% profit. What is the selling price (in ₹)?
  28. 28.A cooler bought for ₹2600 is sold for ₹2080. What is the loss per cent?
  29. 29.What is 80% of 540?
  30. 30.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 4 years (in ₹)?
  31. 31.A cricket kit costs ₹2400. It is sold at a 10% profit. What is the selling price (in ₹)?
  32. 32.A cooler costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
  33. 33.The price of a school bag changed from ₹50 to ₹25. What is the percentage decrease?
  34. 34.A cycle costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
  35. 35.A table costs ₹3000. It is sold at a 15% profit. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹500 at 3% per year for 3 years (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹200 to ₹20. What is the percentage decrease?
  38. 38.What is the simple interest on ₹7600 at 6% per year for 2 years (in ₹)?
  39. 39.A table costs ₹2600. It is sold at a 12% profit. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?

Answer key

  1. 6448
  2. 30
  3. 120
  4. 4212
  5. 9810
  6. 156
  7. 11375
  8. 10
  9. 12
  10. 896
  11. 9612
  12. 20
  13. 893
  14. 900
  15. 50
  16. 10
  17. 560
  18. 24
  19. 100
  20. 40
  21. 4884
  22. 2464
  23. 162
  24. 286
  25. 10
  26. 1045
  27. 3900
  28. 20
  29. 432
  30. 8040
  31. 2640
  32. 2520
  33. 50
  34. 220
  35. 3450
  36. 45
  37. 90
  38. 912
  39. 2912
  40. 600

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