← 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 186 · 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 costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  2. 2.What is 45% of 800?
  3. 3.The price of a cricket ball changed from ₹200 to ₹140. What is the percentage decrease?
  4. 4.A shopkeeper buys a table for ₹1950 and sells it for ₹2070. What is the profit (in ₹)?
  5. 5.What is 25% of 60?
  6. 6.A sewing machine costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
  7. 7.A fan bought for ₹3000 is sold for ₹4500. What is the profit per cent?
  8. 8.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 4 years (in ₹)?
  9. 9.What is 90% of 40?
  10. 10.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2770. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹820. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹2400 and sells it for ₹2370. What is the loss (in ₹)?
  13. 13.What is 40% of 680?
  14. 14.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2440. What is the profit (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3130. What is the profit (in ₹)?
  16. 16.A mobile phone bought for ₹2700 is sold for ₹2565. What is the loss per cent?
  17. 17.The price of a pair of shoes changed from ₹100 to ₹120. What is the percentage increase?
  18. 18.What is 35% of 160?
  19. 19.What is 70% of 760?
  20. 20.A cycle bought for ₹3800 is sold for ₹5700. What is the profit per cent?
  21. 21.The price of a water bottle changed from ₹20 to ₹24. What is the percentage increase?
  22. 22.A watch costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.A cooler costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹8200 at 4% per year for 3 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹9100 at 5% per year for 5 years (in ₹)?
  26. 26.What is the simple interest on ₹1700 at 9% per year for 3 years (in ₹)?
  27. 27.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1400. What is the profit (in ₹)?
  28. 28.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹830. What is the profit (in ₹)?
  29. 29.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹750. What is the profit (in ₹)?
  30. 30.A shopkeeper buys a watch for ₹2600 and sells it for ₹2450. What is the loss (in ₹)?
  31. 31.A cooler bought for ₹2600 is sold for ₹1560. What is the loss per cent?
  32. 32.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹2220. What is the profit (in ₹)?
  33. 33.A table bought for ₹3600 is sold for ₹4680. What is the profit per cent?
  34. 34.What is 35% of 280?
  35. 35.What is the simple interest on ₹1000 at 9% per year for 2 years (in ₹)?
  36. 36.A cycle bought for ₹3500 is sold for ₹3150. What is the loss per cent?
  37. 37.What is the simple interest on ₹7000 at 2% per year for 3 years (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹800 and sells it for ₹890. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹6400 at 11% per year for 2 years (in ₹)?
  40. 40.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1020. What is the profit (in ₹)?

Answer key

  1. 2100
  2. 360
  3. 30
  4. 120
  5. 15
  6. 950
  7. 50
  8. 2992
  9. 36
  10. 270
  11. 170
  12. 30
  13. 272
  14. 140
  15. 230
  16. 5
  17. 20
  18. 56
  19. 532
  20. 50
  21. 20
  22. 3120
  23. 3910
  24. 984
  25. 11375
  26. 459
  27. 300
  28. 80
  29. 150
  30. 150
  31. 40
  32. 220
  33. 30
  34. 98
  35. 180
  36. 10
  37. 420
  38. 90
  39. 1408
  40. 20

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