← 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 376 · 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 ₹3600 at 2% per year for 3 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹1500 at 12% per year for 3 years (in ₹)?
  3. 3.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1420. What is the profit (in ₹)?
  4. 4.The price of a school bag changed from ₹20 to ₹2. What is the percentage decrease?
  5. 5.What is the amount (principal + simple interest) on ₹6700 at 4% per year for 4 years (in ₹)?
  6. 6.What is the simple interest on ₹6900 at 6% per year for 5 years (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1050. What is the profit (in ₹)?
  8. 8.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1140. What is the loss (in ₹)?
  9. 9.What is the simple interest on ₹900 at 9% per year for 5 years (in ₹)?
  10. 10.A watch costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
  11. 11.The price of a bus pass changed from ₹400 to ₹396. What is the percentage decrease?
  12. 12.What is 25% of 800?
  13. 13.A cycle costs ₹3000. It is sold at a 25% loss. What is the selling price (in ₹)?
  14. 14.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
  15. 15.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  16. 16.What is 95% of 640?
  17. 17.What is the simple interest on ₹800 at 11% per year for 5 years (in ₹)?
  18. 18.What is the simple interest on ₹1600 at 11% per year for 3 years (in ₹)?
  19. 19.A cooler costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  20. 20.A cricket kit bought for ₹2000 is sold for ₹1900. What is the loss per cent?
  21. 21.A table bought for ₹200 is sold for ₹220. What is the profit per cent?
  22. 22.A sewing machine bought for ₹2000 is sold for ₹2500. What is the profit per cent?
  23. 23.What is the simple interest on ₹1400 at 10% per year for 1 year (in ₹)?
  24. 24.What is the simple interest on ₹1900 at 2% per year for 3 years (in ₹)?
  25. 25.A sewing machine costs ₹500. It is sold at a 50% profit. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹8600 at 4% per year for 2 years (in ₹)?
  27. 27.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹570. What is the loss (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹4500 at 8% per year for 2 years (in ₹)?
  29. 29.What is the simple interest on ₹700 at 2% per year for 2 years (in ₹)?
  30. 30.A cycle costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  31. 31.The price of a box of mangoes changed from ₹250 to ₹375. What is the percentage increase?
  32. 32.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1710. What is the profit (in ₹)?
  33. 33.A sewing machine costs ₹3000. It is sold at a 30% loss. What is the selling price (in ₹)?
  34. 34.What is 80% of 520?
  35. 35.A cooler bought for ₹1300 is sold for ₹1430. What is the profit per cent?
  36. 36.A cricket kit bought for ₹1600 is sold for ₹1360. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹9400 at 5% per year for 5 years (in ₹)?
  38. 38.A fan bought for ₹2500 is sold for ₹3750. What is the profit per cent?
  39. 39.What is the amount (principal + simple interest) on ₹6700 at 3% per year for 2 years (in ₹)?
  40. 40.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2320. What is the profit (in ₹)?

Answer key

  1. 3816
  2. 2040
  3. 70
  4. 90
  5. 7772
  6. 2070
  7. 100
  8. 160
  9. 405
  10. 4050
  11. 1
  12. 200
  13. 2250
  14. 80
  15. 20
  16. 608
  17. 440
  18. 528
  19. 910
  20. 5
  21. 10
  22. 25
  23. 140
  24. 114
  25. 750
  26. 9288
  27. 80
  28. 5220
  29. 28
  30. 1710
  31. 50
  32. 160
  33. 2100
  34. 416
  35. 10
  36. 15
  37. 11750
  38. 50
  39. 7102
  40. 270

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