← 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 220 · 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.The price of a box of mangoes changed from ₹25 to ₹10. What is the percentage decrease?
  2. 2.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 2 years (in ₹)?
  3. 3.What is 55% of 160?
  4. 4.What is the simple interest on ₹6500 at 5% per year for 2 years (in ₹)?
  5. 5.A shopkeeper buys a table for ₹200 and sells it for ₹320. What is the profit (in ₹)?
  6. 6.A cycle costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
  7. 7.A sewing machine bought for ₹1100 is sold for ₹935. What is the loss per cent?
  8. 8.What is the simple interest on ₹7800 at 11% per year for 4 years (in ₹)?
  9. 9.What is 15% of 80?
  10. 10.What is 40% of 560?
  11. 11.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2280. What is the loss (in ₹)?
  12. 12.What is 40% of 680?
  13. 13.A shopkeeper buys a table for ₹350 and sells it for ₹120. What is the loss (in ₹)?
  14. 14.A table bought for ₹2100 is sold for ₹2352. What is the profit per cent?
  15. 15.A shopkeeper buys a watch for ₹1550 and sells it for ₹1640. What is the profit (in ₹)?
  16. 16.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
  17. 17.The price of a water bottle changed from ₹50 to ₹51. What is the percentage increase?
  18. 18.A shopkeeper buys a fan for ₹1600 and sells it for ₹1850. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹1700 at 4% per year for 1 year (in ₹)?
  20. 20.A shopkeeper buys a cycle for ₹950 and sells it for ₹660. What is the loss (in ₹)?
  21. 21.A mobile phone bought for ₹2300 is sold for ₹2530. What is the profit per cent?
  22. 22.The price of a box of mangoes changed from ₹200 to ₹180. What is the percentage decrease?
  23. 23.What is 90% of 360?
  24. 24.What is the amount (principal + simple interest) on ₹3100 at 7% per year for 3 years (in ₹)?
  25. 25.A table bought for ₹3300 is sold for ₹4125. What is the profit per cent?
  26. 26.A sewing machine bought for ₹800 is sold for ₹704. What is the loss per cent?
  27. 27.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
  28. 28.A cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  29. 29.The price of a school bag changed from ₹200 to ₹300. What is the percentage increase?
  30. 30.A cycle bought for ₹2400 is sold for ₹2760. What is the profit per cent?
  31. 31.What is the amount (principal + simple interest) on ₹700 at 7% per year for 1 year (in ₹)?
  32. 32.A cricket kit bought for ₹3000 is sold for ₹3360. What is the profit per cent?
  33. 33.The price of a water bottle changed from ₹500 to ₹875. What is the percentage increase?
  34. 34.What is 80% of 40?
  35. 35.What is 60% of 180?
  36. 36.A cooler bought for ₹2400 is sold for ₹2112. What is the loss per cent?
  37. 37.The price of a pair of shoes changed from ₹400 to ₹80. What is the percentage decrease?
  38. 38.What is 85% of 460?
  39. 39.What is 25% of 840?
  40. 40.What is the simple interest on ₹2500 at 6% per year for 1 year (in ₹)?

Answer key

  1. 60
  2. 3224
  3. 88
  4. 650
  5. 120
  6. 4750
  7. 15
  8. 3432
  9. 12
  10. 224
  11. 270
  12. 272
  13. 230
  14. 12
  15. 90
  16. 90
  17. 2
  18. 250
  19. 68
  20. 290
  21. 10
  22. 10
  23. 324
  24. 3751
  25. 25
  26. 12
  27. 30
  28. 25
  29. 50
  30. 15
  31. 749
  32. 12
  33. 75
  34. 32
  35. 108
  36. 12
  37. 80
  38. 391
  39. 210
  40. 150

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