← 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 270 · 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 costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A watch bought for ₹700 is sold for ₹770. What is the profit per cent?
  3. 3.A cricket kit bought for ₹2800 is sold for ₹3640. What is the profit per cent?
  4. 4.What is 15% of 340?
  5. 5.A mobile phone costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹3800 at 10% per year for 5 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 4 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹6600 at 9% per year for 2 years (in ₹)?
  9. 9.The price of a cricket ball changed from ₹50 to ₹95. What is the percentage increase?
  10. 10.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 4 years (in ₹)?
  11. 11.What is the simple interest on ₹900 at 4% per year for 5 years (in ₹)?
  12. 12.The price of a bus pass changed from ₹20 to ₹16. What is the percentage decrease?
  13. 13.What is 45% of 280?
  14. 14.What is the simple interest on ₹4800 at 2% per year for 1 year (in ₹)?
  15. 15.A shopkeeper buys a fan for ₹1600 and sells it for ₹1530. What is the loss (in ₹)?
  16. 16.A cycle bought for ₹2100 is sold for ₹1785. What is the loss per cent?
  17. 17.A cycle bought for ₹1900 is sold for ₹2185. What is the profit per cent?
  18. 18.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 1 year (in ₹)?
  19. 19.What is 55% of 260?
  20. 20.A fan costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  21. 21.A table bought for ₹2400 is sold for ₹3600. What is the profit per cent?
  22. 22.What is 85% of 320?
  23. 23.What is the simple interest on ₹8600 at 9% per year for 4 years (in ₹)?
  24. 24.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1330. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3600 at 7% per year for 2 years (in ₹)?
  26. 26.A cooler costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
  27. 27.A cycle bought for ₹3900 is sold for ₹3705. What is the loss per cent?
  28. 28.What is the simple interest on ₹3800 at 12% per year for 2 years (in ₹)?
  29. 29.What is the simple interest on ₹8400 at 4% per year for 2 years (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2430. What is the loss (in ₹)?
  31. 31.A cooler bought for ₹700 is sold for ₹630. What is the loss per cent?
  32. 32.A shopkeeper buys a cycle for ₹400 and sells it for ₹660. What is the profit (in ₹)?
  33. 33.The price of a water bottle changed from ₹250 to ₹245. What is the percentage decrease?
  34. 34.A watch costs ₹1800. It is sold at a 15% loss. What is the selling price (in ₹)?
  35. 35.A cycle bought for ₹3000 is sold for ₹2250. What is the loss per cent?
  36. 36.What is 60% of 540?
  37. 37.What is the simple interest on ₹5500 at 5% per year for 5 years (in ₹)?
  38. 38.A cooler bought for ₹900 is sold for ₹792. What is the loss per cent?
  39. 39.A shopkeeper buys a table for ₹750 and sells it for ₹1030. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a watch for ₹2700 and sells it for ₹2840. What is the profit (in ₹)?

Answer key

  1. 3600
  2. 10
  3. 30
  4. 51
  5. 650
  6. 1900
  7. 1080
  8. 7788
  9. 90
  10. 4224
  11. 180
  12. 20
  13. 126
  14. 96
  15. 70
  16. 15
  17. 15
  18. 1712
  19. 143
  20. 330
  21. 50
  22. 272
  23. 3096
  24. 20
  25. 4104
  26. 2340
  27. 5
  28. 912
  29. 672
  30. 70
  31. 10
  32. 260
  33. 2
  34. 1530
  35. 25
  36. 324
  37. 1375
  38. 12
  39. 280
  40. 140

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