← 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 431 · 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.The price of a bus pass changed from ₹40 to ₹72. What is the percentage increase?
  2. 2.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹240. What is the loss (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹500 and sells it for ₹520. What is the profit (in ₹)?
  4. 4.What is 75% of 800?
  5. 5.A watch bought for ₹700 is sold for ₹350. What is the loss per cent?
  6. 6.What is the amount (principal + simple interest) on ₹8900 at 3% per year for 5 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹6600 at 10% per year for 1 year (in ₹)?
  8. 8.What is the simple interest on ₹7800 at 10% per year for 3 years (in ₹)?
  9. 9.A table bought for ₹900 is sold for ₹945. What is the profit per cent?
  10. 10.What is the simple interest on ₹3700 at 6% per year for 2 years (in ₹)?
  11. 11.What is 75% of 280?
  12. 12.What is 95% of 700?
  13. 13.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1610. What is the loss (in ₹)?
  14. 14.A fan costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
  15. 15.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
  16. 16.What is the amount (principal + simple interest) on ₹3400 at 12% per year for 5 years (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2320. What is the profit (in ₹)?
  18. 18.A watch bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  19. 19.What is 65% of 120?
  20. 20.What is the simple interest on ₹5500 at 2% per year for 3 years (in ₹)?
  21. 21.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1630. What is the loss (in ₹)?
  22. 22.What is the simple interest on ₹5500 at 3% per year for 4 years (in ₹)?
  23. 23.A shopkeeper buys a table for ₹3000 and sells it for ₹2990. What is the loss (in ₹)?
  24. 24.A cooler bought for ₹1200 is sold for ₹1380. What is the profit per cent?
  25. 25.A shopkeeper buys a fan for ₹1250 and sells it for ₹1550. What is the profit (in ₹)?
  26. 26.A cycle bought for ₹3400 is sold for ₹3230. What is the loss per cent?
  27. 27.A shopkeeper buys a watch for ₹600 and sells it for ₹740. What is the profit (in ₹)?
  28. 28.The price of a pair of shoes changed from ₹80 to ₹16. What is the percentage decrease?
  29. 29.A fan bought for ₹900 is sold for ₹720. What is the loss per cent?
  30. 30.A table costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹2800 at 6% per year for 1 year (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹5200 at 6% per year for 3 years (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2830. What is the profit (in ₹)?
  34. 34.What is 35% of 120?
  35. 35.A table costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.A fan costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
  38. 38.What is 95% of 40?
  39. 39.The price of a school bag changed from ₹250 to ₹25. What is the percentage decrease?
  40. 40.What is 70% of 800?

Answer key

  1. 80
  2. 60
  3. 20
  4. 600
  5. 50
  6. 10235
  7. 7260
  8. 2340
  9. 5
  10. 444
  11. 210
  12. 665
  13. 40
  14. 420
  15. 40
  16. 5440
  17. 220
  18. 25
  19. 78
  20. 330
  21. 170
  22. 660
  23. 10
  24. 15
  25. 300
  26. 5
  27. 140
  28. 80
  29. 20
  30. 1050
  31. 168
  32. 6136
  33. 280
  34. 42
  35. 1568
  36. 3520
  37. 210
  38. 38
  39. 90
  40. 560

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