← 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 21 · 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 the amount (principal + simple interest) on ₹1300 at 2% per year for 1 year (in ₹)?
  2. 2.A cycle costs ₹2100. It is sold at a 25% loss. What is the selling price (in ₹)?
  3. 3.A sewing machine costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
  4. 4.A cycle bought for ₹3800 is sold for ₹4940. What is the profit per cent?
  5. 5.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 1 year (in ₹)?
  6. 6.What is 20% of 280?
  7. 7.A sewing machine costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹940. What is the profit (in ₹)?
  9. 9.The price of a pair of shoes changed from ₹40 to ₹44. What is the percentage increase?
  10. 10.What is the amount (principal + simple interest) on ₹700 at 8% per year for 2 years (in ₹)?
  11. 11.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
  12. 12.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1860. What is the profit (in ₹)?
  13. 13.What is the simple interest on ₹4500 at 11% per year for 2 years (in ₹)?
  14. 14.A cycle costs ₹3800. It is sold at a 20% loss. What is the selling price (in ₹)?
  15. 15.What is 55% of 240?
  16. 16.A shopkeeper buys a watch for ₹2400 and sells it for ₹2540. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2400. What is the loss (in ₹)?
  18. 18.The price of a bus pass changed from ₹20 to ₹25. What is the percentage increase?
  19. 19.What is the simple interest on ₹9100 at 9% per year for 1 year (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 5 years (in ₹)?
  21. 21.The price of a box of mangoes changed from ₹40 to ₹4. What is the percentage decrease?
  22. 22.What is the amount (principal + simple interest) on ₹8000 at 5% per year for 1 year (in ₹)?
  23. 23.A watch costs ₹2400. It is sold at a 12% profit. What is the selling price (in ₹)?
  24. 24.A watch bought for ₹3800 is sold for ₹2660. What is the loss per cent?
  25. 25.What is 5% of 960?
  26. 26.A watch costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹7900 at 3% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹6000 at 3% per year for 3 years (in ₹)?
  29. 29.What is 25% of 1000?
  30. 30.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹540. What is the profit (in ₹)?
  31. 31.A table bought for ₹2600 is sold for ₹2470. What is the loss per cent?
  32. 32.A fan costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹5700 at 2% per year for 2 years (in ₹)?
  34. 34.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2740. What is the profit (in ₹)?
  35. 35.What is the simple interest on ₹7900 at 12% per year for 5 years (in ₹)?
  36. 36.A shopkeeper buys a watch for ₹650 and sells it for ₹840. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹1000 and sells it for ₹1070. What is the profit (in ₹)?
  38. 38.What is 25% of 960?
  39. 39.What is the amount (principal + simple interest) on ₹1000 at 9% per year for 2 years (in ₹)?
  40. 40.What is 75% of 360?

Answer key

  1. 1326
  2. 1575
  3. 1275
  4. 30
  5. 3120
  6. 56
  7. 210
  8. 140
  9. 10
  10. 812
  11. 160
  12. 10
  13. 990
  14. 3040
  15. 132
  16. 140
  17. 250
  18. 25
  19. 819
  20. 9545
  21. 90
  22. 8400
  23. 2688
  24. 30
  25. 48
  26. 1710
  27. 948
  28. 6540
  29. 250
  30. 190
  31. 5
  32. 2625
  33. 5928
  34. 40
  35. 4740
  36. 190
  37. 70
  38. 240
  39. 1180
  40. 270

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