← 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 214 · 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 45% of 520?
  2. 2.What is the amount (principal + simple interest) on ₹600 at 7% per year for 3 years (in ₹)?
  3. 3.The price of a cricket ball changed from ₹100 to ₹50. What is the percentage decrease?
  4. 4.A shopkeeper buys a watch for ₹1250 and sells it for ₹1430. What is the profit (in ₹)?
  5. 5.A shopkeeper buys a watch for ₹750 and sells it for ₹850. What is the profit (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹7000 at 4% per year for 2 years (in ₹)?
  7. 7.A table bought for ₹2100 is sold for ₹1470. What is the loss per cent?
  8. 8.A table costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
  9. 9.What is 5% of 900?
  10. 10.What is 40% of 800?
  11. 11.A fan costs ₹3100. It is sold at a 12% loss. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹1200 at 9% per year for 5 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹3000 at 11% per year for 3 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 3 years (in ₹)?
  15. 15.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2210. What is the profit (in ₹)?
  16. 16.A mobile phone costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹2300 at 4% per year for 2 years (in ₹)?
  18. 18.A sewing machine bought for ₹1600 is sold for ₹2240. What is the profit per cent?
  19. 19.What is the simple interest on ₹6500 at 4% per year for 2 years (in ₹)?
  20. 20.What is 65% of 740?
  21. 21.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
  22. 22.What is 35% of 140?
  23. 23.The price of a pair of shoes changed from ₹250 to ₹125. What is the percentage decrease?
  24. 24.A sewing machine costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
  25. 25.What is 35% of 860?
  26. 26.What is 20% of 980?
  27. 27.The price of a bus pass changed from ₹250 to ₹475. What is the percentage increase?
  28. 28.What is the simple interest on ₹9900 at 11% per year for 5 years (in ₹)?
  29. 29.The price of a bus pass changed from ₹50 to ₹5. What is the percentage decrease?
  30. 30.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹2990. What is the loss (in ₹)?
  31. 31.A table bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  32. 32.What is the simple interest on ₹7800 at 10% per year for 2 years (in ₹)?
  33. 33.A mobile phone bought for ₹1300 is sold for ₹910. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹6900 at 12% per year for 3 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 5 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹7800 at 11% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹590. What is the profit (in ₹)?
  38. 38.The price of a cricket ball changed from ₹200 to ₹350. What is the percentage increase?
  39. 39.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
  40. 40.What is the simple interest on ₹3200 at 10% per year for 3 years (in ₹)?

Answer key

  1. 234
  2. 726
  3. 50
  4. 180
  5. 100
  6. 7560
  7. 30
  8. 770
  9. 45
  10. 320
  11. 2728
  12. 540
  13. 3990
  14. 7392
  15. 10
  16. 1900
  17. 184
  18. 40
  19. 520
  20. 481
  21. 20
  22. 49
  23. 50
  24. 3325
  25. 301
  26. 196
  27. 90
  28. 5445
  29. 90
  30. 10
  31. 25
  32. 1560
  33. 30
  34. 9384
  35. 7625
  36. 12090
  37. 190
  38. 75
  39. 20
  40. 960

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