← 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 289 · 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 ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  2. 2.What is 70% of 600?
  3. 3.What is 90% of 900?
  4. 4.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹390. What is the profit (in ₹)?
  5. 5.What is the simple interest on ₹8300 at 4% per year for 1 year (in ₹)?
  6. 6.What is the simple interest on ₹9200 at 7% per year for 4 years (in ₹)?
  7. 7.A cricket kit costs ₹300. It is sold at a 12% loss. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹950 and sells it for ₹810. What is the loss (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 2 years (in ₹)?
  10. 10.A cycle bought for ₹2400 is sold for ₹2520. What is the profit per cent?
  11. 11.What is the simple interest on ₹3200 at 10% per year for 5 years (in ₹)?
  12. 12.A shopkeeper buys a table for ₹950 and sells it for ₹1040. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a table for ₹2900 and sells it for ₹2930. What is the profit (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹1600 at 2% per year for 3 years (in ₹)?
  15. 15.A cycle bought for ₹800 is sold for ₹920. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹5000 at 10% per year for 4 years (in ₹)?
  17. 17.A table bought for ₹3000 is sold for ₹3300. What is the profit per cent?
  18. 18.What is the amount (principal + simple interest) on ₹8400 at 6% per year for 5 years (in ₹)?
  19. 19.A cycle costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹4500 at 2% per year for 5 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 1 year (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1700. What is the loss (in ₹)?
  23. 23.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2020. What is the loss (in ₹)?
  24. 24.What is 95% of 820?
  25. 25.What is 55% of 380?
  26. 26.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1490. What is the profit (in ₹)?
  27. 27.A cycle bought for ₹3400 is sold for ₹3808. What is the profit per cent?
  28. 28.A cricket kit bought for ₹600 is sold for ₹510. What is the loss per cent?
  29. 29.A cricket kit bought for ₹3400 is sold for ₹4080. What is the profit per cent?
  30. 30.What is 95% of 180?
  31. 31.A cycle bought for ₹2300 is sold for ₹1955. What is the loss per cent?
  32. 32.The price of a school bag changed from ₹40 to ₹32. What is the percentage decrease?
  33. 33.What is 15% of 260?
  34. 34.What is the amount (principal + simple interest) on ₹8200 at 11% per year for 1 year (in ₹)?
  35. 35.A mobile phone bought for ₹2600 is sold for ₹2210. What is the loss per cent?
  36. 36.The price of a cricket ball changed from ₹50 to ₹70. What is the percentage increase?
  37. 37.A mobile phone bought for ₹3100 is sold for ₹2728. What is the loss per cent?
  38. 38.What is 40% of 760?
  39. 39.What is the amount (principal + simple interest) on ₹5500 at 10% per year for 3 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹3200 at 6% per year for 1 year (in ₹)?

Answer key

  1. 1700
  2. 420
  3. 810
  4. 190
  5. 332
  6. 2576
  7. 264
  8. 140
  9. 6968
  10. 5
  11. 1600
  12. 90
  13. 30
  14. 1696
  15. 15
  16. 7000
  17. 10
  18. 10920
  19. 896
  20. 4950
  21. 9020
  22. 50
  23. 180
  24. 779
  25. 209
  26. 90
  27. 12
  28. 15
  29. 20
  30. 171
  31. 15
  32. 20
  33. 39
  34. 9102
  35. 15
  36. 40
  37. 12
  38. 304
  39. 7150
  40. 3392

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