← 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 167 · 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 70% of 800?
  2. 2.What is the simple interest on ₹2700 at 12% per year for 2 years (in ₹)?
  3. 3.What is the simple interest on ₹500 at 11% per year for 5 years (in ₹)?
  4. 4.What is the simple interest on ₹1900 at 10% per year for 1 year (in ₹)?
  5. 5.A table costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
  6. 6.A watch bought for ₹3600 is sold for ₹3960. What is the profit per cent?
  7. 7.A table costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
  8. 8.A sewing machine bought for ₹2300 is sold for ₹3450. What is the profit per cent?
  9. 9.What is the simple interest on ₹3500 at 9% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹410. What is the loss (in ₹)?
  11. 11.A mobile phone bought for ₹2300 is sold for ₹2415. What is the profit per cent?
  12. 12.A mobile phone bought for ₹800 is sold for ₹720. What is the loss per cent?
  13. 13.What is 75% of 500?
  14. 14.A cricket kit costs ₹1000. It is sold at a 20% loss. What is the selling price (in ₹)?
  15. 15.What is 30% of 40?
  16. 16.A mobile phone bought for ₹3000 is sold for ₹2100. What is the loss per cent?
  17. 17.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹870. What is the profit (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹250 to ₹150. What is the percentage decrease?
  19. 19.A shopkeeper buys a cycle for ₹350 and sells it for ₹570. What is the profit (in ₹)?
  20. 20.What is 55% of 260?
  21. 21.The price of a water bottle changed from ₹500 to ₹600. What is the percentage increase?
  22. 22.A shopkeeper buys a fan for ₹2850 and sells it for ₹2550. What is the loss (in ₹)?
  23. 23.What is the simple interest on ₹4600 at 6% per year for 2 years (in ₹)?
  24. 24.The price of a pair of shoes changed from ₹20 to ₹15. What is the percentage decrease?
  25. 25.What is 20% of 460?
  26. 26.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  27. 27.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2390. What is the profit (in ₹)?
  28. 28.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
  29. 29.What is the amount (principal + simple interest) on ₹8300 at 7% per year for 5 years (in ₹)?
  30. 30.A cycle costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹250 to ₹175. What is the percentage decrease?
  32. 32.A shopkeeper buys a table for ₹1400 and sells it for ₹1600. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cooler for ₹2100 and sells it for ₹2360. What is the profit (in ₹)?
  34. 34.A cricket kit bought for ₹3700 is sold for ₹5180. What is the profit per cent?
  35. 35.A shopkeeper buys a cycle for ₹650 and sells it for ₹920. What is the profit (in ₹)?
  36. 36.The price of a cricket ball changed from ₹500 to ₹700. What is the percentage increase?
  37. 37.A sewing machine costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹500 and sells it for ₹270. What is the loss (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹400 to ₹100. What is the percentage decrease?
  40. 40.A sewing machine bought for ₹600 is sold for ₹630. What is the profit per cent?

Answer key

  1. 560
  2. 648
  3. 275
  4. 190
  5. 2240
  6. 10
  7. 2160
  8. 50
  9. 1575
  10. 90
  11. 5
  12. 10
  13. 375
  14. 800
  15. 12
  16. 30
  17. 220
  18. 40
  19. 220
  20. 143
  21. 20
  22. 300
  23. 552
  24. 25
  25. 92
  26. 20
  27. 290
  28. 60
  29. 11205
  30. 5400
  31. 30
  32. 200
  33. 260
  34. 40
  35. 270
  36. 40
  37. 2565
  38. 230
  39. 75
  40. 5

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