← 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 188 · 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 bought for ₹1000 is sold for ₹800. What is the loss per cent?
  2. 2.A mobile phone costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a watch for ₹3000 and sells it for ₹2850. What is the loss (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹900 at 10% per year for 5 years (in ₹)?
  5. 5.What is the simple interest on ₹1500 at 8% per year for 2 years (in ₹)?
  6. 6.A table bought for ₹500 is sold for ₹575. What is the profit per cent?
  7. 7.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 2 years (in ₹)?
  8. 8.What is 65% of 600?
  9. 9.The price of a pair of shoes changed from ₹250 to ₹275. What is the percentage increase?
  10. 10.What is 75% of 160?
  11. 11.What is the amount (principal + simple interest) on ₹5900 at 7% per year for 2 years (in ₹)?
  12. 12.What is 25% of 580?
  13. 13.The price of a box of mangoes changed from ₹20 to ₹5. What is the percentage decrease?
  14. 14.The price of a box of mangoes changed from ₹500 to ₹50. What is the percentage decrease?
  15. 15.What is 85% of 560?
  16. 16.What is the amount (principal + simple interest) on ₹3700 at 8% per year for 1 year (in ₹)?
  17. 17.A fan bought for ₹2900 is sold for ₹2030. What is the loss per cent?
  18. 18.A cycle costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?
  19. 19.What is 45% of 840?
  20. 20.What is 40% of 140?
  21. 21.What is the amount (principal + simple interest) on ₹7900 at 10% per year for 3 years (in ₹)?
  22. 22.A sewing machine costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
  23. 23.What is 5% of 940?
  24. 24.A fan bought for ₹1200 is sold for ₹1140. What is the loss per cent?
  25. 25.A mobile phone bought for ₹1200 is sold for ₹1056. What is the loss per cent?
  26. 26.A watch costs ₹2200. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹7000 at 11% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 2 years (in ₹)?
  29. 29.What is the simple interest on ₹800 at 11% per year for 2 years (in ₹)?
  30. 30.What is 65% of 1000?
  31. 31.A shopkeeper buys a watch for ₹1450 and sells it for ₹1480. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a table for ₹1050 and sells it for ₹860. What is the loss (in ₹)?
  33. 33.A sewing machine bought for ₹1700 is sold for ₹1955. What is the profit per cent?
  34. 34.A shopkeeper buys a cooler for ₹200 and sells it for ₹380. What is the profit (in ₹)?
  35. 35.A cricket kit bought for ₹3400 is sold for ₹3230. What is the loss per cent?
  36. 36.What is 45% of 360?
  37. 37.What is 30% of 220?
  38. 38.The price of a pair of shoes changed from ₹40 to ₹28. What is the percentage decrease?
  39. 39.What is the amount (principal + simple interest) on ₹2900 at 6% per year for 1 year (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹4500 at 7% per year for 2 years (in ₹)?

Answer key

  1. 20
  2. 2960
  3. 150
  4. 1350
  5. 240
  6. 15
  7. 5490
  8. 390
  9. 10
  10. 120
  11. 6726
  12. 145
  13. 75
  14. 90
  15. 476
  16. 3996
  17. 30
  18. 765
  19. 378
  20. 56
  21. 10270
  22. 5100
  23. 47
  24. 5
  25. 12
  26. 1870
  27. 3080
  28. 2108
  29. 176
  30. 650
  31. 30
  32. 190
  33. 15
  34. 180
  35. 5
  36. 162
  37. 66
  38. 30
  39. 3074
  40. 5130

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