← 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 192 · 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 cooler bought for ₹3900 is sold for ₹3120. What is the loss per cent?
  2. 2.A watch costs ₹1800. It is sold at a 50% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹7900 at 9% per year for 2 years (in ₹)?
  4. 4.What is 20% of 220?
  5. 5.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
  6. 6.What is the simple interest on ₹1400 at 9% per year for 4 years (in ₹)?
  7. 7.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹950. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹5400 at 9% per year for 5 years (in ₹)?
  9. 9.A cycle bought for ₹3500 is sold for ₹4025. What is the profit per cent?
  10. 10.A cycle bought for ₹1600 is sold for ₹1440. What is the loss per cent?
  11. 11.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2130. What is the profit (in ₹)?
  12. 12.A mobile phone bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  13. 13.The price of a water bottle changed from ₹80 to ₹8. What is the percentage decrease?
  14. 14.A shopkeeper buys a table for ₹850 and sells it for ₹950. What is the profit (in ₹)?
  15. 15.A cycle costs ₹3500. It is sold at a 20% loss. What is the selling price (in ₹)?
  16. 16.A table costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
  17. 17.A fan bought for ₹200 is sold for ₹250. What is the profit per cent?
  18. 18.A mobile phone bought for ₹2600 is sold for ₹1300. What is the loss per cent?
  19. 19.A cycle costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
  20. 20.A sewing machine bought for ₹1200 is sold for ₹1800. What is the profit per cent?
  21. 21.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 1 year (in ₹)?
  22. 22.A cricket kit costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
  23. 23.A cricket kit costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
  24. 24.A mobile phone costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 5 years (in ₹)?
  26. 26.A watch bought for ₹1700 is sold for ₹1445. What is the loss per cent?
  27. 27.What is 90% of 600?
  28. 28.A cycle costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1730. What is the profit (in ₹)?
  30. 30.What is the simple interest on ₹6200 at 8% per year for 3 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹9300 at 3% per year for 5 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹9200 at 11% per year for 3 years (in ₹)?
  33. 33.The price of a water bottle changed from ₹400 to ₹440. What is the percentage increase?
  34. 34.What is 60% of 620?
  35. 35.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹1070. What is the profit (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹200 and sells it for ₹40. What is the loss (in ₹)?
  37. 37.A cycle bought for ₹600 is sold for ₹690. What is the profit per cent?
  38. 38.What is 5% of 120?
  39. 39.What is the simple interest on ₹800 at 2% per year for 3 years (in ₹)?
  40. 40.What is the simple interest on ₹4300 at 11% per year for 1 year (in ₹)?

Answer key

  1. 20
  2. 2700
  3. 1422
  4. 44
  5. 75
  6. 504
  7. 100
  8. 2430
  9. 15
  10. 10
  11. 80
  12. 25
  13. 90
  14. 100
  15. 2800
  16. 360
  17. 25
  18. 50
  19. 1980
  20. 50
  21. 9152
  22. 5850
  23. 2016
  24. 5600
  25. 13795
  26. 15
  27. 540
  28. 2625
  29. 180
  30. 1488
  31. 10695
  32. 12236
  33. 10
  34. 372
  35. 170
  36. 160
  37. 15
  38. 6
  39. 48
  40. 473

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