← 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 295 · 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 cricket kit bought for ₹3000 is sold for ₹3150. What is the profit per cent?
  2. 2.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 5 years (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹750 and sells it for ₹1040. What is the profit (in ₹)?
  4. 4.What is the simple interest on ₹2600 at 7% per year for 5 years (in ₹)?
  5. 5.What is the simple interest on ₹1000 at 6% per year for 4 years (in ₹)?
  6. 6.A cycle costs ₹1000. It is sold at a 20% loss. What is the selling price (in ₹)?
  7. 7.A cycle costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
  8. 8.A watch bought for ₹1500 is sold for ₹1650. What is the profit per cent?
  9. 9.A fan bought for ₹1300 is sold for ₹1365. What is the profit per cent?
  10. 10.What is the simple interest on ₹1200 at 3% per year for 2 years (in ₹)?
  11. 11.A fan costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
  12. 12.The price of a school bag changed from ₹500 to ₹450. What is the percentage decrease?
  13. 13.The price of a water bottle changed from ₹80 to ₹112. What is the percentage increase?
  14. 14.What is the simple interest on ₹1800 at 5% per year for 3 years (in ₹)?
  15. 15.The price of a water bottle changed from ₹20 to ₹36. What is the percentage increase?
  16. 16.A cooler costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
  17. 17.The price of a school bag changed from ₹250 to ₹275. What is the percentage increase?
  18. 18.A sewing machine costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
  19. 19.What is 5% of 140?
  20. 20.What is 25% of 920?
  21. 21.The price of a bus pass changed from ₹500 to ₹600. What is the percentage increase?
  22. 22.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1320. What is the profit (in ₹)?
  23. 23.What is 75% of 360?
  24. 24.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?
  25. 25.A sewing machine bought for ₹2400 is sold for ₹2112. What is the loss per cent?
  26. 26.What is 95% of 440?
  27. 27.What is 95% of 980?
  28. 28.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹840. What is the profit (in ₹)?
  29. 29.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
  30. 30.A sewing machine bought for ₹300 is sold for ₹360. What is the profit per cent?
  31. 31.A cricket kit costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  32. 32.What is 60% of 840?
  33. 33.What is 40% of 260?
  34. 34.What is 30% of 800?
  35. 35.What is the amount (principal + simple interest) on ₹4500 at 4% per year for 1 year (in ₹)?
  36. 36.A watch costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
  37. 37.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  38. 38.The price of a box of mangoes changed from ₹80 to ₹104. What is the percentage increase?
  39. 39.What is the simple interest on ₹1900 at 6% per year for 5 years (in ₹)?
  40. 40.What is 55% of 380?

Answer key

  1. 5
  2. 3335
  3. 290
  4. 910
  5. 240
  6. 800
  7. 3145
  8. 10
  9. 5
  10. 72
  11. 875
  12. 10
  13. 40
  14. 270
  15. 80
  16. 1300
  17. 10
  18. 3750
  19. 7
  20. 230
  21. 20
  22. 20
  23. 270
  24. 25
  25. 12
  26. 418
  27. 931
  28. 140
  29. 20
  30. 20
  31. 2000
  32. 504
  33. 104
  34. 240
  35. 4680
  36. 4000
  37. 20
  38. 30
  39. 570
  40. 209

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