← 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 169 · 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 table bought for ₹2100 is sold for ₹1050. What is the loss per cent?
  2. 2.What is the simple interest on ₹4600 at 2% per year for 4 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 3 years (in ₹)?
  4. 4.The price of a school bag changed from ₹50 to ₹65. What is the percentage increase?
  5. 5.A table costs ₹2000. It is sold at a 25% profit. What is the selling price (in ₹)?
  6. 6.A mobile phone costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
  7. 7.A cycle costs ₹400. It is sold at a 30% profit. What is the selling price (in ₹)?
  8. 8.A mobile phone costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
  9. 9.What is the simple interest on ₹500 at 10% per year for 3 years (in ₹)?
  10. 10.What is the simple interest on ₹7300 at 5% per year for 4 years (in ₹)?
  11. 11.A cooler bought for ₹1800 is sold for ₹1584. What is the loss per cent?
  12. 12.A cooler bought for ₹3700 is sold for ₹1850. What is the loss per cent?
  13. 13.A shopkeeper buys a watch for ₹1950 and sells it for ₹1740. What is the loss (in ₹)?
  14. 14.What is 15% of 460?
  15. 15.What is the simple interest on ₹9400 at 6% per year for 5 years (in ₹)?
  16. 16.A cricket kit costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
  17. 17.The price of a pair of shoes changed from ₹400 to ₹520. What is the percentage increase?
  18. 18.What is the simple interest on ₹9000 at 12% per year for 4 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 4 years (in ₹)?
  20. 20.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
  21. 21.A mobile phone bought for ₹3900 is sold for ₹3120. What is the loss per cent?
  22. 22.A fan bought for ₹3700 is sold for ₹3885. What is the profit per cent?
  23. 23.What is the simple interest on ₹9000 at 2% per year for 4 years (in ₹)?
  24. 24.A shopkeeper buys a watch for ₹2800 and sells it for ₹2680. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹7400 at 6% per year for 2 years (in ₹)?
  26. 26.What is 25% of 900?
  27. 27.The price of a cricket ball changed from ₹500 to ₹200. What is the percentage decrease?
  28. 28.The price of a school bag changed from ₹100 to ₹120. What is the percentage increase?
  29. 29.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 2 years (in ₹)?
  30. 30.A sewing machine bought for ₹400 is sold for ₹440. What is the profit per cent?
  31. 31.What is the amount (principal + simple interest) on ₹5100 at 6% per year for 3 years (in ₹)?
  32. 32.What is 15% of 400?
  33. 33.A table bought for ₹2200 is sold for ₹1320. What is the loss per cent?
  34. 34.A shopkeeper buys a watch for ₹2700 and sells it for ₹2680. What is the loss (in ₹)?
  35. 35.What is the simple interest on ₹2600 at 2% per year for 3 years (in ₹)?
  36. 36.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹260. What is the loss (in ₹)?
  37. 37.A cooler bought for ₹400 is sold for ₹600. What is the profit per cent?
  38. 38.A mobile phone bought for ₹3500 is sold for ₹4025. What is the profit per cent?
  39. 39.What is the simple interest on ₹6200 at 10% per year for 1 year (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹4000 at 9% per year for 1 year (in ₹)?

Answer key

  1. 50
  2. 368
  3. 11374
  4. 30
  5. 2500
  6. 1540
  7. 520
  8. 1232
  9. 150
  10. 1460
  11. 12
  12. 50
  13. 210
  14. 69
  15. 2820
  16. 480
  17. 30
  18. 4320
  19. 2052
  20. 25
  21. 20
  22. 5
  23. 720
  24. 120
  25. 8288
  26. 225
  27. 60
  28. 20
  29. 3080
  30. 10
  31. 6018
  32. 60
  33. 40
  34. 20
  35. 156
  36. 290
  37. 50
  38. 15
  39. 620
  40. 4360

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