← 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 475 · 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 cricket kit costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹7800 at 3% per year for 1 year (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2750. What is the loss (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹9600 at 2% per year for 4 years (in ₹)?
  5. 5.What is the simple interest on ₹9400 at 12% per year for 4 years (in ₹)?
  6. 6.A watch bought for ₹800 is sold for ₹920. What is the profit per cent?
  7. 7.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 1 year (in ₹)?
  8. 8.A cooler costs ₹1600. It is sold at a 50% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹4800 at 5% per year for 5 years (in ₹)?
  10. 10.What is 95% of 940?
  11. 11.A mobile phone costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a cooler for ₹250 and sells it for ₹330. What is the profit (in ₹)?
  13. 13.What is 15% of 260?
  14. 14.A sewing machine costs ₹1500. It is sold at a 40% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹1800 at 5% per year for 4 years (in ₹)?
  16. 16.A cycle costs ₹2500. It is sold at a 40% profit. What is the selling price (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹8000 at 10% per year for 4 years (in ₹)?
  18. 18.A sewing machine bought for ₹2400 is sold for ₹2688. What is the profit per cent?
  19. 19.The price of a bus pass changed from ₹80 to ₹48. What is the percentage decrease?
  20. 20.A cooler bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  21. 21.What is the amount (principal + simple interest) on ₹7800 at 2% per year for 1 year (in ₹)?
  22. 22.What is 20% of 280?
  23. 23.What is the simple interest on ₹500 at 8% per year for 2 years (in ₹)?
  24. 24.A watch bought for ₹1000 is sold for ₹880. What is the loss per cent?
  25. 25.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 3 years (in ₹)?
  26. 26.What is the simple interest on ₹5100 at 9% per year for 5 years (in ₹)?
  27. 27.What is 70% of 980?
  28. 28.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3070. What is the profit (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹9700 at 11% per year for 5 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹2100 at 11% per year for 3 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹8300 at 9% per year for 3 years (in ₹)?
  32. 32.A fan bought for ₹2900 is sold for ₹4060. What is the profit per cent?
  33. 33.The price of a water bottle changed from ₹400 to ₹100. What is the percentage decrease?
  34. 34.The price of a cricket ball changed from ₹20 to ₹28. What is the percentage increase?
  35. 35.What is the amount (principal + simple interest) on ₹6700 at 3% per year for 5 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 3 years (in ₹)?
  37. 37.A table bought for ₹200 is sold for ₹280. What is the profit per cent?
  38. 38.What is the simple interest on ₹9000 at 5% per year for 1 year (in ₹)?
  39. 39.A fan costs ₹2700. It is sold at a 30% loss. What is the selling price (in ₹)?
  40. 40.A cooler costs ₹700. It is sold at a 25% loss. What is the selling price (in ₹)?

Answer key

  1. 570
  2. 8034
  3. 50
  4. 10368
  5. 4512
  6. 15
  7. 2530
  8. 800
  9. 6000
  10. 893
  11. 3920
  12. 80
  13. 39
  14. 2100
  15. 360
  16. 3500
  17. 11200
  18. 12
  19. 40
  20. 5
  21. 7956
  22. 56
  23. 80
  24. 12
  25. 9856
  26. 2295
  27. 686
  28. 70
  29. 15035
  30. 2793
  31. 10541
  32. 40
  33. 75
  34. 40
  35. 7705
  36. 6630
  37. 40
  38. 450
  39. 1890
  40. 525

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