← 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 148 · 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 costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹9800 at 12% per year for 1 year (in ₹)?
  3. 3.A cricket kit bought for ₹4000 is sold for ₹4480. What is the profit per cent?
  4. 4.A cooler bought for ₹2500 is sold for ₹2875. What is the profit per cent?
  5. 5.A sewing machine costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.A cricket kit bought for ₹3800 is sold for ₹3230. What is the loss per cent?
  7. 7.What is the amount (principal + simple interest) on ₹6300 at 8% per year for 5 years (in ₹)?
  8. 8.A shopkeeper buys a watch for ₹850 and sells it for ₹910. What is the profit (in ₹)?
  9. 9.The price of a cricket ball changed from ₹20 to ₹28. What is the percentage increase?
  10. 10.A table costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
  11. 11.What is 90% of 820?
  12. 12.A sewing machine bought for ₹1600 is sold for ₹1360. What is the loss per cent?
  13. 13.What is the simple interest on ₹1000 at 7% per year for 2 years (in ₹)?
  14. 14.The price of a bus pass changed from ₹250 to ₹125. What is the percentage decrease?
  15. 15.What is the amount (principal + simple interest) on ₹6700 at 6% per year for 5 years (in ₹)?
  16. 16.What is the simple interest on ₹5300 at 9% per year for 1 year (in ₹)?
  17. 17.What is the simple interest on ₹600 at 9% per year for 2 years (in ₹)?
  18. 18.What is 95% of 620?
  19. 19.What is the simple interest on ₹5700 at 2% per year for 4 years (in ₹)?
  20. 20.What is the simple interest on ₹4100 at 5% per year for 3 years (in ₹)?
  21. 21.The price of a box of mangoes changed from ₹100 to ₹80. What is the percentage decrease?
  22. 22.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1640. What is the profit (in ₹)?
  23. 23.A table bought for ₹1300 is sold for ₹1235. What is the loss per cent?
  24. 24.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 2 years (in ₹)?
  25. 25.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1400. What is the profit (in ₹)?
  26. 26.A sewing machine bought for ₹200 is sold for ₹170. What is the loss per cent?
  27. 27.What is 10% of 100?
  28. 28.What is the amount (principal + simple interest) on ₹3500 at 12% per year for 4 years (in ₹)?
  29. 29.A shopkeeper buys a watch for ₹350 and sells it for ₹80. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a table for ₹1900 and sells it for ₹1770. What is the loss (in ₹)?
  31. 31.A sewing machine bought for ₹3200 is sold for ₹4000. What is the profit per cent?
  32. 32.What is the simple interest on ₹2600 at 3% per year for 2 years (in ₹)?
  33. 33.A shopkeeper buys a table for ₹1600 and sells it for ₹1750. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹1940. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?
  36. 36.What is 60% of 520?
  37. 37.A sewing machine costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  38. 38.A cycle bought for ₹300 is sold for ₹150. What is the loss per cent?
  39. 39.The price of a school bag changed from ₹250 to ₹300. What is the percentage increase?
  40. 40.A fan costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?

Answer key

  1. 240
  2. 10976
  3. 12
  4. 15
  5. 600
  6. 15
  7. 8820
  8. 60
  9. 40
  10. 2904
  11. 738
  12. 15
  13. 140
  14. 50
  15. 8710
  16. 477
  17. 108
  18. 589
  19. 456
  20. 615
  21. 20
  22. 240
  23. 5
  24. 2484
  25. 150
  26. 15
  27. 10
  28. 5180
  29. 270
  30. 130
  31. 25
  32. 156
  33. 150
  34. 10
  35. 50
  36. 312
  37. 2100
  38. 50
  39. 20
  40. 3024

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