← 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 133 · 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 watch bought for ₹1000 is sold for ₹500. What is the loss per cent?
  2. 2.What is the simple interest on ₹7200 at 12% per year for 4 years (in ₹)?
  3. 3.What is the simple interest on ₹8800 at 6% per year for 3 years (in ₹)?
  4. 4.A sewing machine bought for ₹3400 is sold for ₹1700. What is the loss per cent?
  5. 5.What is the amount (principal + simple interest) on ₹4200 at 4% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a fan for ₹1050 and sells it for ₹1060. What is the profit (in ₹)?
  7. 7.A sewing machine costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹4500 at 8% per year for 1 year (in ₹)?
  9. 9.What is 55% of 460?
  10. 10.A cricket kit bought for ₹1500 is sold for ₹1800. What is the profit per cent?
  11. 11.The price of a water bottle changed from ₹20 to ₹22. What is the percentage increase?
  12. 12.A shopkeeper buys a fan for ₹2150 and sells it for ₹2200. What is the profit (in ₹)?
  13. 13.What is 30% of 660?
  14. 14.What is the amount (principal + simple interest) on ₹5200 at 10% per year for 3 years (in ₹)?
  15. 15.What is 10% of 320?
  16. 16.A mobile phone costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
  17. 17.The price of a school bag changed from ₹80 to ₹32. What is the percentage decrease?
  18. 18.What is 75% of 260?
  19. 19.A cricket kit costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
  20. 20.What is 35% of 780?
  21. 21.What is the simple interest on ₹2400 at 7% per year for 1 year (in ₹)?
  22. 22.What is 15% of 40?
  23. 23.A shopkeeper buys a table for ₹2050 and sells it for ₹2080. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹1300 at 5% per year for 4 years (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  26. 26.What is the simple interest on ₹5900 at 8% per year for 5 years (in ₹)?
  27. 27.A table costs ₹2300. It is sold at a 30% profit. What is the selling price (in ₹)?
  28. 28.What is 80% of 500?
  29. 29.What is 90% of 600?
  30. 30.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  31. 31.A watch costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
  32. 32.A sewing machine bought for ₹2200 is sold for ₹1980. What is the loss per cent?
  33. 33.A watch bought for ₹2100 is sold for ₹2520. What is the profit per cent?
  34. 34.What is the amount (principal + simple interest) on ₹4700 at 8% per year for 2 years (in ₹)?
  35. 35.A table bought for ₹800 is sold for ₹896. What is the profit per cent?
  36. 36.A fan bought for ₹900 is sold for ₹990. What is the profit per cent?
  37. 37.A table bought for ₹1100 is sold for ₹660. What is the loss per cent?
  38. 38.What is the simple interest on ₹5300 at 5% per year for 5 years (in ₹)?
  39. 39.A watch costs ₹800. It is sold at a 30% profit. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹7700 at 11% per year for 1 year (in ₹)?

Answer key

  1. 50
  2. 3456
  3. 1584
  4. 50
  5. 4704
  6. 10
  7. 1040
  8. 4860
  9. 253
  10. 20
  11. 10
  12. 50
  13. 198
  14. 6760
  15. 32
  16. 920
  17. 60
  18. 195
  19. 5000
  20. 273
  21. 168
  22. 6
  23. 30
  24. 260
  25. 80
  26. 2360
  27. 2990
  28. 400
  29. 540
  30. 20
  31. 1080
  32. 10
  33. 20
  34. 5452
  35. 12
  36. 10
  37. 40
  38. 1325
  39. 1040
  40. 8547

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