← 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 204 · 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 80% of 900?
  2. 2.A sewing machine costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹7000 at 2% per year for 5 years (in ₹)?
  4. 4.A sewing machine costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2960. What is the profit (in ₹)?
  6. 6.The price of a pair of shoes changed from ₹500 to ₹550. What is the percentage increase?
  7. 7.The price of a water bottle changed from ₹40 to ₹20. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹7900 at 5% per year for 1 year (in ₹)?
  9. 9.What is the simple interest on ₹3100 at 7% per year for 3 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹9300 at 6% per year for 3 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹3500 at 7% per year for 3 years (in ₹)?
  12. 12.A mobile phone costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹3200 at 11% per year for 3 years (in ₹)?
  14. 14.The price of a bus pass changed from ₹100 to ₹125. What is the percentage increase?
  15. 15.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1170. What is the loss (in ₹)?
  16. 16.What is the simple interest on ₹7000 at 4% per year for 5 years (in ₹)?
  17. 17.What is 75% of 740?
  18. 18.The price of a pair of shoes changed from ₹200 to ₹210. What is the percentage increase?
  19. 19.What is the simple interest on ₹8200 at 2% per year for 3 years (in ₹)?
  20. 20.What is 10% of 120?
  21. 21.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1690. What is the profit (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹4400 at 7% per year for 5 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹5900 at 10% per year for 2 years (in ₹)?
  24. 24.The price of a school bag changed from ₹50 to ₹75. What is the percentage increase?
  25. 25.A cooler bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  26. 26.What is 60% of 920?
  27. 27.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1180. What is the loss (in ₹)?
  28. 28.What is the simple interest on ₹9400 at 8% per year for 5 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹1000 at 4% per year for 3 years (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹640. What is the profit (in ₹)?
  31. 31.A watch bought for ₹1200 is sold for ₹1056. What is the loss per cent?
  32. 32.A cycle bought for ₹600 is sold for ₹900. What is the profit per cent?
  33. 33.What is 30% of 600?
  34. 34.The price of a box of mangoes changed from ₹500 to ₹490. What is the percentage decrease?
  35. 35.A fan bought for ₹1700 is sold for ₹2040. What is the profit per cent?
  36. 36.A shopkeeper buys a table for ₹1950 and sells it for ₹2070. What is the profit (in ₹)?
  37. 37.The price of a bus pass changed from ₹50 to ₹70. What is the percentage increase?
  38. 38.A watch costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹8500 at 8% per year for 2 years (in ₹)?
  40. 40.A fan costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?

Answer key

  1. 720
  2. 1200
  3. 700
  4. 4400
  5. 10
  6. 10
  7. 50
  8. 8295
  9. 651
  10. 10974
  11. 4235
  12. 3570
  13. 1056
  14. 25
  15. 280
  16. 1400
  17. 555
  18. 5
  19. 492
  20. 12
  21. 40
  22. 5940
  23. 7080
  24. 50
  25. 20
  26. 552
  27. 270
  28. 3760
  29. 1120
  30. 140
  31. 12
  32. 50
  33. 180
  34. 2
  35. 20
  36. 120
  37. 40
  38. 510
  39. 9860
  40. 3500

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