← 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 399 · 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 65% of 280?
  2. 2.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2060. What is the loss (in ₹)?
  3. 3.A sewing machine bought for ₹1900 is sold for ₹1805. What is the loss per cent?
  4. 4.A cycle bought for ₹2500 is sold for ₹1500. What is the loss per cent?
  5. 5.A cricket kit bought for ₹1100 is sold for ₹1540. What is the profit per cent?
  6. 6.A fan bought for ₹1300 is sold for ₹1040. What is the loss per cent?
  7. 7.What is the simple interest on ₹4500 at 5% per year for 3 years (in ₹)?
  8. 8.A fan bought for ₹2500 is sold for ₹2750. What is the profit per cent?
  9. 9.A fan bought for ₹2000 is sold for ₹1600. What is the loss per cent?
  10. 10.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8500 at 11% per year for 1 year (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 2 years (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹50 to ₹60. What is the percentage increase?
  14. 14.What is the simple interest on ₹5800 at 2% per year for 4 years (in ₹)?
  15. 15.What is 55% of 720?
  16. 16.A cooler costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
  17. 17.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
  18. 18.What is the simple interest on ₹7900 at 10% per year for 1 year (in ₹)?
  19. 19.A table bought for ₹1200 is sold for ₹1056. What is the loss per cent?
  20. 20.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
  21. 21.What is 15% of 800?
  22. 22.What is the amount (principal + simple interest) on ₹7600 at 7% per year for 1 year (in ₹)?
  23. 23.A cricket kit costs ₹1200. It is sold at a 15% loss. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a watch for ₹1050 and sells it for ₹1170. What is the profit (in ₹)?
  25. 25.A mobile phone bought for ₹3900 is sold for ₹4680. What is the profit per cent?
  26. 26.What is 40% of 180?
  27. 27.A watch bought for ₹300 is sold for ₹210. What is the loss per cent?
  28. 28.A fan costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.A cricket kit costs ₹3900. It is sold at a 40% profit. What is the selling price (in ₹)?
  30. 30.A cricket kit costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹200 to ₹300. What is the percentage increase?
  32. 32.What is the simple interest on ₹1900 at 3% per year for 1 year (in ₹)?
  33. 33.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
  34. 34.A shopkeeper buys a cooler for ₹850 and sells it for ₹1030. What is the profit (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹8500 at 4% per year for 5 years (in ₹)?
  36. 36.What is the simple interest on ₹9300 at 2% per year for 1 year (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹9400 at 11% per year for 1 year (in ₹)?
  38. 38.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
  39. 39.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
  40. 40.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?

Answer key

  1. 182
  2. 290
  3. 5
  4. 40
  5. 40
  6. 20
  7. 675
  8. 10
  9. 20
  10. 5720
  11. 9435
  12. 3696
  13. 20
  14. 464
  15. 396
  16. 1860
  17. 80
  18. 790
  19. 12
  20. 20
  21. 120
  22. 8132
  23. 1020
  24. 120
  25. 20
  26. 72
  27. 30
  28. 440
  29. 5460
  30. 735
  31. 50
  32. 57
  33. 30
  34. 180
  35. 10200
  36. 186
  37. 10434
  38. 50
  39. 60
  40. 20

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