← 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 296 · 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 the amount (principal + simple interest) on ₹9800 at 12% per year for 3 years (in ₹)?
  2. 2.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2320. What is the profit (in ₹)?
  3. 3.What is 60% of 740?
  4. 4.What is the simple interest on ₹8000 at 3% per year for 2 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹6100 at 6% per year for 4 years (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹250 and sells it for ₹440. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹7500 at 7% per year for 1 year (in ₹)?
  8. 8.What is the simple interest on ₹4300 at 3% per year for 1 year (in ₹)?
  9. 9.A cricket kit costs ₹3900. It is sold at a 15% loss. What is the selling price (in ₹)?
  10. 10.A mobile phone bought for ₹200 is sold for ₹170. What is the loss per cent?
  11. 11.A watch costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
  12. 12.A cooler costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.A fan costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
  14. 14.A cycle costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
  15. 15.What is 85% of 780?
  16. 16.A sewing machine bought for ₹300 is sold for ₹285. What is the loss per cent?
  17. 17.What is the simple interest on ₹7300 at 6% per year for 5 years (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1330. What is the profit (in ₹)?
  19. 19.A sewing machine costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
  20. 20.A fan bought for ₹400 is sold for ₹560. What is the profit per cent?
  21. 21.The price of a box of mangoes changed from ₹80 to ₹104. What is the percentage increase?
  22. 22.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2720. What is the profit (in ₹)?
  23. 23.A watch bought for ₹2300 is sold for ₹2185. What is the loss per cent?
  24. 24.What is the simple interest on ₹9100 at 2% per year for 1 year (in ₹)?
  25. 25.A cooler bought for ₹3400 is sold for ₹2890. What is the loss per cent?
  26. 26.A fan bought for ₹3400 is sold for ₹3060. What is the loss per cent?
  27. 27.A table costs ₹3200. It is sold at a 5% profit. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹6500 at 4% per year for 5 years (in ₹)?
  29. 29.What is the simple interest on ₹2000 at 10% per year for 1 year (in ₹)?
  30. 30.A cycle bought for ₹2200 is sold for ₹1760. What is the loss per cent?
  31. 31.What is the simple interest on ₹5200 at 6% per year for 4 years (in ₹)?
  32. 32.The price of a box of mangoes changed from ₹50 to ₹35. What is the percentage decrease?
  33. 33.What is the simple interest on ₹500 at 8% per year for 1 year (in ₹)?
  34. 34.What is 60% of 600?
  35. 35.A cycle bought for ₹2700 is sold for ₹2565. What is the loss per cent?
  36. 36.The price of a cricket ball changed from ₹500 to ₹525. What is the percentage increase?
  37. 37.A table costs ₹2900. It is sold at a 25% loss. What is the selling price (in ₹)?
  38. 38.A cycle costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
  39. 39.The price of a bus pass changed from ₹200 to ₹190. What is the percentage decrease?
  40. 40.A shopkeeper buys a fan for ₹900 and sells it for ₹820. What is the loss (in ₹)?

Answer key

  1. 13328
  2. 170
  3. 444
  4. 480
  5. 7564
  6. 190
  7. 525
  8. 129
  9. 3315
  10. 15
  11. 1900
  12. 336
  13. 3325
  14. 792
  15. 663
  16. 5
  17. 2190
  18. 280
  19. 450
  20. 40
  21. 30
  22. 170
  23. 5
  24. 182
  25. 15
  26. 10
  27. 3360
  28. 1300
  29. 200
  30. 20
  31. 1248
  32. 30
  33. 40
  34. 360
  35. 5
  36. 5
  37. 2175
  38. 770
  39. 5
  40. 80

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