← 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 303 · 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 simple interest on ₹3600 at 7% per year for 5 years (in ₹)?
  2. 2.A cycle costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
  3. 3.A cooler costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1240. What is the loss (in ₹)?
  5. 5.The price of a box of mangoes changed from ₹200 to ₹220. What is the percentage increase?
  6. 6.A watch bought for ₹1300 is sold for ₹1430. What is the profit per cent?
  7. 7.A fan bought for ₹3300 is sold for ₹2310. What is the loss per cent?
  8. 8.A shopkeeper buys a fan for ₹2900 and sells it for ₹2840. What is the loss (in ₹)?
  9. 9.A watch costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7100 at 6% per year for 1 year (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹6600 at 3% per year for 3 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 4 years (in ₹)?
  13. 13.A fan bought for ₹4000 is sold for ₹4800. What is the profit per cent?
  14. 14.The price of a water bottle changed from ₹200 to ₹196. What is the percentage decrease?
  15. 15.What is 35% of 760?
  16. 16.A table bought for ₹300 is sold for ₹150. What is the loss per cent?
  17. 17.What is the simple interest on ₹900 at 2% per year for 3 years (in ₹)?
  18. 18.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
  19. 19.A shopkeeper buys a table for ₹2950 and sells it for ₹3200. What is the profit (in ₹)?
  20. 20.The price of a water bottle changed from ₹20 to ₹24. What is the percentage increase?
  21. 21.A fan costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹1700 at 11% per year for 4 years (in ₹)?
  23. 23.A cricket kit costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
  24. 24.A cycle costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1180. What is the loss (in ₹)?
  26. 26.A watch bought for ₹2200 is sold for ₹2310. What is the profit per cent?
  27. 27.The price of a cricket ball changed from ₹200 to ₹210. What is the percentage increase?
  28. 28.What is the simple interest on ₹4500 at 3% per year for 3 years (in ₹)?
  29. 29.What is 90% of 860?
  30. 30.What is 10% of 560?
  31. 31.What is the amount (principal + simple interest) on ₹9800 at 8% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a table for ₹1350 and sells it for ₹1290. What is the loss (in ₹)?
  33. 33.What is 30% of 980?
  34. 34.What is the amount (principal + simple interest) on ₹6900 at 4% per year for 2 years (in ₹)?
  35. 35.What is 70% of 520?
  36. 36.A cricket kit costs ₹2700. It is sold at a 15% loss. What is the selling price (in ₹)?
  37. 37.What is 10% of 460?
  38. 38.A shopkeeper buys a watch for ₹1350 and sells it for ₹1280. What is the loss (in ₹)?
  39. 39.A cooler bought for ₹4000 is sold for ₹2400. What is the loss per cent?
  40. 40.What is 30% of 480?

Answer key

  1. 1260
  2. 2992
  3. 3250
  4. 110
  5. 10
  6. 10
  7. 30
  8. 60
  9. 3750
  10. 7526
  11. 7194
  12. 1920
  13. 20
  14. 2
  15. 266
  16. 50
  17. 54
  18. 30
  19. 250
  20. 20
  21. 2750
  22. 2448
  23. 2565
  24. 2610
  25. 20
  26. 5
  27. 5
  28. 405
  29. 774
  30. 56
  31. 13720
  32. 60
  33. 294
  34. 7452
  35. 364
  36. 2295
  37. 46
  38. 70
  39. 40
  40. 144

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