← 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 138 · 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 simple interest on ₹4900 at 6% per year for 1 year (in ₹)?
  2. 2.A mobile phone bought for ₹2700 is sold for ₹2295. What is the loss per cent?
  3. 3.What is the simple interest on ₹4000 at 6% per year for 2 years (in ₹)?
  4. 4.A table bought for ₹700 is sold for ₹1050. What is the profit per cent?
  5. 5.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2910. What is the profit (in ₹)?
  6. 6.A cycle costs ₹2700. It is sold at a 25% loss. What is the selling price (in ₹)?
  7. 7.The price of a school bag changed from ₹200 to ₹140. What is the percentage decrease?
  8. 8.A cycle costs ₹3100. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹2300 at 5% per year for 2 years (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹740. What is the profit (in ₹)?
  11. 11.A table bought for ₹2800 is sold for ₹3640. What is the profit per cent?
  12. 12.The price of a school bag changed from ₹500 to ₹510. What is the percentage increase?
  13. 13.What is the simple interest on ₹5000 at 7% per year for 2 years (in ₹)?
  14. 14.The price of a bus pass changed from ₹100 to ₹25. What is the percentage decrease?
  15. 15.A shopkeeper buys a cooler for ₹400 and sells it for ₹470. What is the profit (in ₹)?
  16. 16.A cycle costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
  17. 17.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
  18. 18.The price of a pair of shoes changed from ₹200 to ₹202. What is the percentage increase?
  19. 19.A shopkeeper buys a cycle for ₹550 and sells it for ₹670. What is the profit (in ₹)?
  20. 20.A cycle bought for ₹1900 is sold for ₹2128. What is the profit per cent?
  21. 21.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
  22. 22.A cycle bought for ₹2700 is sold for ₹1350. What is the loss per cent?
  23. 23.What is 5% of 100?
  24. 24.What is 95% of 860?
  25. 25.What is the amount (principal + simple interest) on ₹4500 at 5% per year for 1 year (in ₹)?
  26. 26.A fan bought for ₹1000 is sold for ₹1150. What is the profit per cent?
  27. 27.A sewing machine bought for ₹900 is sold for ₹1350. What is the profit per cent?
  28. 28.What is 45% of 240?
  29. 29.What is 30% of 220?
  30. 30.What is the simple interest on ₹7400 at 6% per year for 3 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹7700 at 6% per year for 3 years (in ₹)?
  32. 32.What is the simple interest on ₹2100 at 9% per year for 3 years (in ₹)?
  33. 33.The price of a school bag changed from ₹80 to ₹140. What is the percentage increase?
  34. 34.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1230. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2000 at 6% per year for 1 year (in ₹)?
  36. 36.A sewing machine bought for ₹600 is sold for ₹900. What is the profit per cent?
  37. 37.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 1 year (in ₹)?
  38. 38.A fan costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
  39. 39.A cooler bought for ₹1000 is sold for ₹700. What is the loss per cent?
  40. 40.A cricket kit costs ₹2500. It is sold at a 40% loss. What is the selling price (in ₹)?

Answer key

  1. 294
  2. 15
  3. 480
  4. 50
  5. 60
  6. 2025
  7. 30
  8. 2635
  9. 2530
  10. 290
  11. 30
  12. 2
  13. 700
  14. 75
  15. 70
  16. 4200
  17. 80
  18. 1
  19. 120
  20. 12
  21. 80
  22. 50
  23. 5
  24. 817
  25. 4725
  26. 15
  27. 50
  28. 108
  29. 66
  30. 1332
  31. 9086
  32. 567
  33. 75
  34. 220
  35. 2120
  36. 50
  37. 8160
  38. 2480
  39. 30
  40. 1500

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