← 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 361 · 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 ₹2000 at 2% per year for 4 years (in ₹)?
  2. 2.What is the simple interest on ₹10000 at 12% per year for 1 year (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹80 to ₹76. What is the percentage decrease?
  4. 4.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1370. What is the profit (in ₹)?
  5. 5.What is the simple interest on ₹9300 at 5% per year for 2 years (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2800. What is the loss (in ₹)?
  7. 7.What is 40% of 780?
  8. 8.The price of a school bag changed from ₹100 to ₹99. What is the percentage decrease?
  9. 9.What is 40% of 80?
  10. 10.A mobile phone bought for ₹600 is sold for ₹540. What is the loss per cent?
  11. 11.A shopkeeper buys a cycle for ₹550 and sells it for ₹700. What is the profit (in ₹)?
  12. 12.A fan bought for ₹500 is sold for ₹525. What is the profit per cent?
  13. 13.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹1830. What is the loss (in ₹)?
  14. 14.A cricket kit costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹900 at 2% per year for 4 years (in ₹)?
  16. 16.What is the simple interest on ₹2600 at 8% per year for 2 years (in ₹)?
  17. 17.What is the simple interest on ₹6900 at 3% per year for 4 years (in ₹)?
  18. 18.A table bought for ₹1900 is sold for ₹1995. What is the profit per cent?
  19. 19.A mobile phone costs ₹3900. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.A mobile phone costs ₹2700. It is sold at a 40% profit. What is the selling price (in ₹)?
  21. 21.The price of a pair of shoes changed from ₹50 to ₹40. What is the percentage decrease?
  22. 22.A shopkeeper buys a cycle for ₹1900 and sells it for ₹2030. What is the profit (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2500 at 3% per year for 3 years (in ₹)?
  24. 24.The price of a bus pass changed from ₹500 to ₹950. What is the percentage increase?
  25. 25.What is the simple interest on ₹4500 at 12% per year for 3 years (in ₹)?
  26. 26.A cooler bought for ₹1300 is sold for ₹975. What is the loss per cent?
  27. 27.What is the amount (principal + simple interest) on ₹7500 at 7% per year for 2 years (in ₹)?
  28. 28.A shopkeeper buys a cooler for ₹1850 and sells it for ₹2140. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹1700 at 9% per year for 2 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹600 at 5% per year for 1 year (in ₹)?
  31. 31.A shopkeeper buys a table for ₹900 and sells it for ₹1110. What is the profit (in ₹)?
  32. 32.A cricket kit costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
  33. 33.The price of a cricket ball changed from ₹40 to ₹70. What is the percentage increase?
  34. 34.What is the amount (principal + simple interest) on ₹9300 at 2% per year for 2 years (in ₹)?
  35. 35.A cooler bought for ₹2900 is sold for ₹2030. What is the loss per cent?
  36. 36.What is 65% of 240?
  37. 37.What is 25% of 820?
  38. 38.A shopkeeper buys a fan for ₹1800 and sells it for ₹1640. What is the loss (in ₹)?
  39. 39.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
  40. 40.What is the simple interest on ₹4000 at 5% per year for 3 years (in ₹)?

Answer key

  1. 2160
  2. 1200
  3. 5
  4. 120
  5. 930
  6. 50
  7. 312
  8. 1
  9. 32
  10. 10
  11. 150
  12. 5
  13. 20
  14. 2000
  15. 72
  16. 416
  17. 828
  18. 5
  19. 3705
  20. 3780
  21. 20
  22. 130
  23. 2725
  24. 90
  25. 1620
  26. 25
  27. 8550
  28. 290
  29. 306
  30. 630
  31. 210
  32. 1150
  33. 75
  34. 9672
  35. 30
  36. 156
  37. 205
  38. 160
  39. 25
  40. 600

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