← 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 321 · 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 fan costs ₹3100. It is sold at a 25% loss. What is the selling price (in ₹)?
  2. 2.The price of a school bag changed from ₹250 to ₹245. What is the percentage decrease?
  3. 3.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  4. 4.A mobile phone costs ₹2400. It is sold at a 20% profit. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a cooler for ₹700 and sells it for ₹670. What is the loss (in ₹)?
  6. 6.A cooler bought for ₹2600 is sold for ₹3900. What is the profit per cent?
  7. 7.The price of a bus pass changed from ₹400 to ₹408. What is the percentage increase?
  8. 8.What is 60% of 40?
  9. 9.The price of a school bag changed from ₹250 to ₹400. What is the percentage increase?
  10. 10.A shopkeeper buys a cycle for ₹250 and sells it for ₹70. What is the loss (in ₹)?
  11. 11.What is 10% of 660?
  12. 12.A cycle costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹5700 at 4% per year for 4 years (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1170. What is the loss (in ₹)?
  15. 15.A sewing machine costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
  16. 16.What is 55% of 980?
  17. 17.A cricket kit costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
  18. 18.What is 70% of 120?
  19. 19.A cycle bought for ₹2100 is sold for ₹2415. What is the profit per cent?
  20. 20.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1040. What is the loss (in ₹)?
  21. 21.A cooler costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
  22. 22.A cricket kit bought for ₹2600 is sold for ₹3380. What is the profit per cent?
  23. 23.The price of a pair of shoes changed from ₹100 to ₹120. What is the percentage increase?
  24. 24.What is 85% of 420?
  25. 25.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2340. What is the profit (in ₹)?
  26. 26.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
  27. 27.A mobile phone costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
  28. 28.The price of a box of mangoes changed from ₹80 to ₹104. What is the percentage increase?
  29. 29.A watch bought for ₹2200 is sold for ₹2310. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹4900 at 11% per year for 4 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹7900 at 9% per year for 1 year (in ₹)?
  32. 32.A mobile phone bought for ₹3900 is sold for ₹4095. What is the profit per cent?
  33. 33.What is the amount (principal + simple interest) on ₹9000 at 10% per year for 2 years (in ₹)?
  34. 34.A sewing machine costs ₹2300. It is sold at a 50% loss. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2830. What is the loss (in ₹)?
  36. 36.What is 80% of 480?
  37. 37.What is the simple interest on ₹8300 at 8% per year for 3 years (in ₹)?
  38. 38.A watch bought for ₹500 is sold for ₹625. What is the profit per cent?
  39. 39.A fan bought for ₹1600 is sold for ₹1120. What is the loss per cent?
  40. 40.What is 85% of 740?

Answer key

  1. 2325
  2. 2
  3. 60
  4. 2880
  5. 30
  6. 50
  7. 2
  8. 24
  9. 60
  10. 180
  11. 66
  12. 1904
  13. 912
  14. 130
  15. 5320
  16. 539
  17. 3500
  18. 84
  19. 15
  20. 10
  21. 240
  22. 30
  23. 20
  24. 357
  25. 190
  26. 10
  27. 950
  28. 30
  29. 5
  30. 7056
  31. 8611
  32. 5
  33. 10800
  34. 1150
  35. 120
  36. 384
  37. 1992
  38. 25
  39. 30
  40. 629

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