← 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 163 · 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 ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
  2. 2.What is 65% of 660?
  3. 3.What is 5% of 360?
  4. 4.What is the simple interest on ₹3100 at 2% per year for 2 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹800 at 5% per year for 5 years (in ₹)?
  6. 6.The price of a pair of shoes changed from ₹80 to ₹112. What is the percentage increase?
  7. 7.What is 85% of 160?
  8. 8.What is the simple interest on ₹5500 at 7% per year for 1 year (in ₹)?
  9. 9.A fan costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
  10. 10.What is 15% of 1000?
  11. 11.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 1 year (in ₹)?
  12. 12.A sewing machine costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹50 to ₹10. What is the percentage decrease?
  14. 14.The price of a box of mangoes changed from ₹20 to ₹30. What is the percentage increase?
  15. 15.What is the simple interest on ₹3800 at 8% per year for 3 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹2500 at 12% per year for 5 years (in ₹)?
  17. 17.What is 95% of 140?
  18. 18.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2590. What is the profit (in ₹)?
  19. 19.What is 35% of 660?
  20. 20.The price of a box of mangoes changed from ₹400 to ₹360. What is the percentage decrease?
  21. 21.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
  22. 22.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 1 year (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹9000 at 9% per year for 1 year (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2240. What is the loss (in ₹)?
  25. 25.A shopkeeper buys a table for ₹1100 and sells it for ₹1270. What is the profit (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹630. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹800 at 8% per year for 1 year (in ₹)?
  28. 28.A sewing machine bought for ₹400 is sold for ₹520. What is the profit per cent?
  29. 29.A sewing machine bought for ₹2200 is sold for ₹2750. What is the profit per cent?
  30. 30.A mobile phone bought for ₹3900 is sold for ₹3432. What is the loss per cent?
  31. 31.A shopkeeper buys a cycle for ₹850 and sells it for ₹1090. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1720. What is the loss (in ₹)?
  33. 33.A cricket kit costs ₹2100. It is sold at a 30% loss. What is the selling price (in ₹)?
  34. 34.A table costs ₹1600. It is sold at a 10% profit. What is the selling price (in ₹)?
  35. 35.A fan bought for ₹300 is sold for ₹285. What is the loss per cent?
  36. 36.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 4 years (in ₹)?
  37. 37.A table bought for ₹1000 is sold for ₹880. What is the loss per cent?
  38. 38.A cycle costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
  39. 39.What is the simple interest on ₹7300 at 4% per year for 5 years (in ₹)?
  40. 40.A cycle bought for ₹3100 is sold for ₹2945. What is the loss per cent?

Answer key

  1. 2750
  2. 429
  3. 18
  4. 124
  5. 1000
  6. 40
  7. 136
  8. 385
  9. 375
  10. 150
  11. 6720
  12. 2875
  13. 80
  14. 50
  15. 912
  16. 4000
  17. 133
  18. 40
  19. 231
  20. 10
  21. 40
  22. 1957
  23. 9810
  24. 60
  25. 170
  26. 270
  27. 64
  28. 30
  29. 25
  30. 12
  31. 240
  32. 30
  33. 1470
  34. 1760
  35. 5
  36. 9296
  37. 12
  38. 300
  39. 1460
  40. 5

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