← 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 472 · 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 simple interest on ₹1700 at 4% per year for 2 years (in ₹)?
  2. 2.A mobile phone costs ₹1400. It is sold at a 5% profit. What is the selling price (in ₹)?
  3. 3.A cycle costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
  5. 5.What is the amount (principal + simple interest) on ₹7700 at 7% per year for 3 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹9400 at 2% per year for 3 years (in ₹)?
  7. 7.A table bought for ₹3200 is sold for ₹3520. What is the profit per cent?
  8. 8.The price of a cricket ball changed from ₹500 to ₹550. What is the percentage increase?
  9. 9.A shopkeeper buys a fan for ₹2950 and sells it for ₹3240. What is the profit (in ₹)?
  10. 10.What is 95% of 740?
  11. 11.A cycle bought for ₹1400 is sold for ₹1610. What is the profit per cent?
  12. 12.What is 60% of 880?
  13. 13.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹1920. What is the loss (in ₹)?
  14. 14.A cricket kit costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
  15. 15.A cricket kit costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹2020. What is the profit (in ₹)?
  17. 17.A cooler bought for ₹2200 is sold for ₹2310. What is the profit per cent?
  18. 18.The price of a bus pass changed from ₹200 to ₹280. What is the percentage increase?
  19. 19.The price of a box of mangoes changed from ₹50 to ₹25. What is the percentage decrease?
  20. 20.What is 10% of 280?
  21. 21.What is 70% of 640?
  22. 22.What is the simple interest on ₹4600 at 8% per year for 3 years (in ₹)?
  23. 23.A cooler bought for ₹1100 is sold for ₹968. What is the loss per cent?
  24. 24.A cooler bought for ₹3300 is sold for ₹2904. What is the loss per cent?
  25. 25.A shopkeeper buys a cycle for ₹450 and sells it for ₹320. What is the loss (in ₹)?
  26. 26.A mobile phone bought for ₹2100 is sold for ₹2940. What is the profit per cent?
  27. 27.What is the amount (principal + simple interest) on ₹700 at 11% per year for 4 years (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2460. What is the loss (in ₹)?
  29. 29.A cricket kit costs ₹2100. It is sold at a 50% profit. What is the selling price (in ₹)?
  30. 30.The price of a pair of shoes changed from ₹500 to ₹400. What is the percentage decrease?
  31. 31.A shopkeeper buys a fan for ₹850 and sells it for ₹1050. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a cooler for ₹350 and sells it for ₹240. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹9300 at 3% per year for 2 years (in ₹)?
  34. 34.A watch bought for ₹3100 is sold for ₹2325. What is the loss per cent?
  35. 35.What is the simple interest on ₹1400 at 3% per year for 3 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 1 year (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹7300 at 2% per year for 2 years (in ₹)?
  38. 38.A table costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
  39. 39.What is the simple interest on ₹5700 at 5% per year for 5 years (in ₹)?
  40. 40.The price of a school bag changed from ₹500 to ₹50. What is the percentage decrease?

Answer key

  1. 136
  2. 1470
  3. 3230
  4. 60
  5. 9317
  6. 9964
  7. 10
  8. 10
  9. 290
  10. 703
  11. 15
  12. 528
  13. 280
  14. 3520
  15. 2464
  16. 220
  17. 5
  18. 40
  19. 50
  20. 28
  21. 448
  22. 1104
  23. 12
  24. 12
  25. 130
  26. 40
  27. 1008
  28. 240
  29. 3150
  30. 20
  31. 200
  32. 110
  33. 9858
  34. 25
  35. 126
  36. 9879
  37. 7592
  38. 1375
  39. 1425
  40. 90

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