← 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 416 · 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 60% of 680?
  2. 2.A shopkeeper buys a cycle for ₹950 and sells it for ₹780. What is the loss (in ₹)?
  3. 3.What is the simple interest on ₹1900 at 3% per year for 2 years (in ₹)?
  4. 4.What is 30% of 660?
  5. 5.What is the amount (principal + simple interest) on ₹7600 at 2% per year for 2 years (in ₹)?
  6. 6.A cricket kit costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
  7. 7.A watch bought for ₹1100 is sold for ₹968. What is the loss per cent?
  8. 8.A cycle bought for ₹3000 is sold for ₹2850. What is the loss per cent?
  9. 9.A shopkeeper buys a cooler for ₹850 and sells it for ₹910. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1920. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹650 and sells it for ₹460. What is the loss (in ₹)?
  12. 12.A shopkeeper buys a table for ₹1850 and sells it for ₹2050. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹100. What is the loss (in ₹)?
  14. 14.What is the simple interest on ₹2100 at 12% per year for 1 year (in ₹)?
  15. 15.A shopkeeper buys a watch for ₹450 and sells it for ₹440. What is the loss (in ₹)?
  16. 16.A fan bought for ₹2500 is sold for ₹3500. What is the profit per cent?
  17. 17.What is the simple interest on ₹8500 at 12% per year for 2 years (in ₹)?
  18. 18.What is 10% of 260?
  19. 19.A cooler costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8200 at 10% per year for 3 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹600 at 7% per year for 2 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹7000 at 10% per year for 5 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 2 years (in ₹)?
  24. 24.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?
  25. 25.A fan costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹7200 at 7% per year for 4 years (in ₹)?
  27. 27.The price of a school bag changed from ₹80 to ₹128. What is the percentage increase?
  28. 28.What is 15% of 920?
  29. 29.A shopkeeper buys a table for ₹2650 and sells it for ₹2490. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1780. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 1 year (in ₹)?
  32. 32.What is 95% of 180?
  33. 33.The price of a box of mangoes changed from ₹50 to ₹25. What is the percentage decrease?
  34. 34.What is the amount (principal + simple interest) on ₹6600 at 10% per year for 2 years (in ₹)?
  35. 35.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹1100. What is the profit (in ₹)?
  36. 36.What is 40% of 240?
  37. 37.What is the amount (principal + simple interest) on ₹6500 at 6% per year for 4 years (in ₹)?
  38. 38.A mobile phone bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  39. 39.What is 95% of 940?
  40. 40.What is the amount (principal + simple interest) on ₹4900 at 12% per year for 4 years (in ₹)?

Answer key

  1. 408
  2. 170
  3. 114
  4. 198
  5. 7904
  6. 525
  7. 12
  8. 5
  9. 60
  10. 80
  11. 190
  12. 200
  13. 100
  14. 252
  15. 10
  16. 40
  17. 2040
  18. 26
  19. 805
  20. 10660
  21. 684
  22. 10500
  23. 3224
  24. 80
  25. 1750
  26. 9216
  27. 60
  28. 138
  29. 160
  30. 30
  31. 1166
  32. 171
  33. 50
  34. 7920
  35. 250
  36. 96
  37. 8060
  38. 25
  39. 893
  40. 7252

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