← 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 425 · 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 bought for ₹3300 is sold for ₹3795. What is the profit per cent?
  2. 2.The price of a bus pass changed from ₹80 to ₹76. What is the percentage decrease?
  3. 3.A sewing machine costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
  4. 4.The price of a bus pass changed from ₹500 to ₹650. What is the percentage increase?
  5. 5.What is 25% of 80?
  6. 6.A table bought for ₹1000 is sold for ₹1250. What is the profit per cent?
  7. 7.A cycle costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹2800 at 11% per year for 2 years (in ₹)?
  9. 9.What is the simple interest on ₹5600 at 3% per year for 4 years (in ₹)?
  10. 10.What is the simple interest on ₹5800 at 3% per year for 5 years (in ₹)?
  11. 11.What is 55% of 120?
  12. 12.A sewing machine bought for ₹800 is sold for ₹960. What is the profit per cent?
  13. 13.The price of a school bag changed from ₹80 to ₹32. What is the percentage decrease?
  14. 14.A watch bought for ₹2500 is sold for ₹3125. What is the profit per cent?
  15. 15.A table bought for ₹4000 is sold for ₹3600. What is the loss per cent?
  16. 16.What is 5% of 60?
  17. 17.The price of a pair of shoes changed from ₹400 to ₹600. What is the percentage increase?
  18. 18.What is the simple interest on ₹9800 at 8% per year for 5 years (in ₹)?
  19. 19.A shopkeeper buys a watch for ₹1200 and sells it for ₹1210. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a table for ₹2350 and sells it for ₹2390. What is the profit (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 2 years (in ₹)?
  22. 22.A table bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  23. 23.What is the amount (principal + simple interest) on ₹4200 at 2% per year for 3 years (in ₹)?
  24. 24.What is the simple interest on ₹4500 at 7% per year for 2 years (in ₹)?
  25. 25.A cooler costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a watch for ₹1500 and sells it for ₹1570. What is the profit (in ₹)?
  27. 27.What is 15% of 580?
  28. 28.A cycle costs ₹500. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.What is 60% of 220?
  30. 30.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹750. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹1300 at 4% per year for 2 years (in ₹)?
  32. 32.What is 30% of 580?
  33. 33.What is the amount (principal + simple interest) on ₹5200 at 5% per year for 2 years (in ₹)?
  34. 34.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹870. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2100 at 12% per year for 2 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 4 years (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  38. 38.A cooler costs ₹800. It is sold at a 50% loss. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹400 and sells it for ₹250. What is the loss (in ₹)?
  40. 40.What is the simple interest on ₹1900 at 12% per year for 5 years (in ₹)?

Answer key

  1. 15
  2. 5
  3. 1440
  4. 30
  5. 20
  6. 25
  7. 672
  8. 3416
  9. 672
  10. 870
  11. 66
  12. 20
  13. 60
  14. 25
  15. 10
  16. 3
  17. 50
  18. 3920
  19. 10
  20. 40
  21. 9612
  22. 5
  23. 4452
  24. 630
  25. 2625
  26. 70
  27. 87
  28. 575
  29. 132
  30. 300
  31. 104
  32. 174
  33. 5720
  34. 80
  35. 2604
  36. 10324
  37. 60
  38. 400
  39. 150
  40. 1140

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