← 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 311 · 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 ₹1600 at 3% per year for 4 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 1 year (in ₹)?
  3. 3.What is 60% of 800?
  4. 4.A shopkeeper buys a cycle for ₹750 and sells it for ₹950. What is the profit (in ₹)?
  5. 5.A mobile phone costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2920. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a fan for ₹550 and sells it for ₹730. What is the profit (in ₹)?
  8. 8.What is 95% of 580?
  9. 9.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 1 year (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 2 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹3100 at 9% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹5000 at 11% per year for 1 year (in ₹)?
  13. 13.A mobile phone costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
  14. 14.The price of a water bottle changed from ₹80 to ₹84. What is the percentage increase?
  15. 15.A cooler bought for ₹1800 is sold for ₹1584. What is the loss per cent?
  16. 16.What is the simple interest on ₹2800 at 2% per year for 1 year (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹450. What is the loss (in ₹)?
  18. 18.The price of a bus pass changed from ₹40 to ₹72. What is the percentage increase?
  19. 19.A mobile phone bought for ₹3600 is sold for ₹3420. What is the loss per cent?
  20. 20.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2940. What is the profit (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2780. What is the profit (in ₹)?
  22. 22.What is 15% of 260?
  23. 23.A shopkeeper buys a fan for ₹1000 and sells it for ₹850. What is the loss (in ₹)?
  24. 24.The price of a box of mangoes changed from ₹500 to ₹400. What is the percentage decrease?
  25. 25.What is the simple interest on ₹7700 at 12% per year for 2 years (in ₹)?
  26. 26.A cooler bought for ₹1800 is sold for ₹2250. What is the profit per cent?
  27. 27.A cycle costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹5100 at 8% per year for 2 years (in ₹)?
  29. 29.The price of a school bag changed from ₹100 to ₹102. What is the percentage increase?
  30. 30.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2790. What is the profit (in ₹)?
  31. 31.A fan bought for ₹400 is sold for ₹280. What is the loss per cent?
  32. 32.A cooler bought for ₹3200 is sold for ₹3680. What is the profit per cent?
  33. 33.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2670. What is the profit (in ₹)?
  34. 34.What is 35% of 260?
  35. 35.A sewing machine costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹1250 and sells it for ₹1280. What is the profit (in ₹)?
  37. 37.What is 5% of 780?
  38. 38.What is the simple interest on ₹900 at 9% per year for 2 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 1 year (in ₹)?
  40. 40.The price of a box of mangoes changed from ₹250 to ₹375. What is the percentage increase?

Answer key

  1. 192
  2. 2310
  3. 480
  4. 200
  5. 880
  6. 220
  7. 180
  8. 551
  9. 6048
  10. 2052
  11. 4495
  12. 550
  13. 560
  14. 5
  15. 12
  16. 56
  17. 300
  18. 80
  19. 5
  20. 140
  21. 130
  22. 39
  23. 150
  24. 20
  25. 1848
  26. 25
  27. 280
  28. 5916
  29. 2
  30. 140
  31. 30
  32. 15
  33. 20
  34. 91
  35. 3024
  36. 30
  37. 39
  38. 162
  39. 2080
  40. 50

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