← 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 304 · 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 ₹8400 at 5% per year for 3 years (in ₹)?
  2. 2.A cricket kit costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a watch for ₹1450 and sells it for ₹1300. What is the loss (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹2800 and sells it for ₹3070. What is the profit (in ₹)?
  5. 5.A cycle bought for ₹900 is sold for ₹540. What is the loss per cent?
  6. 6.A fan costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
  7. 7.What is 5% of 340?
  8. 8.What is 5% of 680?
  9. 9.A cricket kit costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹4300 at 5% per year for 1 year (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8800 at 2% per year for 2 years (in ₹)?
  12. 12.The price of a cricket ball changed from ₹50 to ₹75. What is the percentage increase?
  13. 13.A shopkeeper buys a fan for ₹2100 and sells it for ₹1950. What is the loss (in ₹)?
  14. 14.The price of a cricket ball changed from ₹20 to ₹30. What is the percentage increase?
  15. 15.A shopkeeper buys a fan for ₹1950 and sells it for ₹2060. What is the profit (in ₹)?
  16. 16.A shopkeeper buys a watch for ₹2850 and sells it for ₹3080. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1030. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹3900 at 11% per year for 2 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 2 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 3 years (in ₹)?
  21. 21.A table costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹2500 at 8% per year for 2 years (in ₹)?
  23. 23.What is 25% of 640?
  24. 24.A mobile phone costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹900 at 9% per year for 3 years (in ₹)?
  26. 26.A mobile phone bought for ₹500 is sold for ₹475. What is the loss per cent?
  27. 27.What is 25% of 560?
  28. 28.A shopkeeper buys a fan for ₹750 and sells it for ₹690. What is the loss (in ₹)?
  29. 29.What is 95% of 180?
  30. 30.The price of a pair of shoes changed from ₹20 to ₹28. What is the percentage increase?
  31. 31.What is the simple interest on ₹9400 at 9% per year for 3 years (in ₹)?
  32. 32.What is 90% of 40?
  33. 33.What is the simple interest on ₹5200 at 3% per year for 3 years (in ₹)?
  34. 34.A sewing machine costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a table for ₹700 and sells it for ₹930. What is the profit (in ₹)?
  36. 36.What is 35% of 320?
  37. 37.A mobile phone costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹5100 at 3% per year for 4 years (in ₹)?
  39. 39.A fan costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹5900 at 2% per year for 2 years (in ₹)?

Answer key

  1. 1260
  2. 1800
  3. 150
  4. 270
  5. 40
  6. 3640
  7. 17
  8. 34
  9. 2480
  10. 4515
  11. 9152
  12. 50
  13. 150
  14. 50
  15. 110
  16. 230
  17. 170
  18. 4758
  19. 2052
  20. 9222
  21. 1792
  22. 2900
  23. 160
  24. 1955
  25. 1143
  26. 5
  27. 140
  28. 60
  29. 171
  30. 40
  31. 2538
  32. 36
  33. 468
  34. 3570
  35. 230
  36. 112
  37. 1936
  38. 5712
  39. 650
  40. 6136

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