← 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 478 · 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 ₹3000 at 10% per year for 1 year (in ₹)?
  2. 2.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
  3. 3.What is the simple interest on ₹6300 at 3% per year for 4 years (in ₹)?
  4. 4.What is the simple interest on ₹1900 at 9% per year for 2 years (in ₹)?
  5. 5.A sewing machine bought for ₹1300 is sold for ₹1560. What is the profit per cent?
  6. 6.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1280. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a fan for ₹2000 and sells it for ₹1940. What is the loss (in ₹)?
  8. 8.A cycle costs ₹3400. It is sold at a 5% loss. What is the selling price (in ₹)?
  9. 9.A table costs ₹1000. It is sold at a 40% profit. What is the selling price (in ₹)?
  10. 10.What is the simple interest on ₹2100 at 11% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹1400 and sells it for ₹1220. What is the loss (in ₹)?
  12. 12.What is the simple interest on ₹7100 at 4% per year for 3 years (in ₹)?
  13. 13.What is the simple interest on ₹2300 at 11% per year for 3 years (in ₹)?
  14. 14.What is 65% of 260?
  15. 15.A watch costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
  16. 16.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  17. 17.A cricket kit bought for ₹3300 is sold for ₹3795. What is the profit per cent?
  18. 18.A shopkeeper buys a cycle for ₹450 and sells it for ₹280. What is the loss (in ₹)?
  19. 19.A watch costs ₹1700. It is sold at a 20% profit. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2460. What is the profit (in ₹)?
  21. 21.What is the simple interest on ₹7800 at 11% per year for 5 years (in ₹)?
  22. 22.What is the simple interest on ₹1200 at 11% per year for 4 years (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹1140. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a fan for ₹2500 and sells it for ₹2640. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 5 years (in ₹)?
  26. 26.A sewing machine bought for ₹2700 is sold for ₹2160. What is the loss per cent?
  27. 27.A fan costs ₹1400. It is sold at a 40% loss. What is the selling price (in ₹)?
  28. 28.The price of a water bottle changed from ₹250 to ₹255. What is the percentage increase?
  29. 29.A cricket kit bought for ₹3600 is sold for ₹2520. What is the loss per cent?
  30. 30.The price of a box of mangoes changed from ₹80 to ₹128. What is the percentage increase?
  31. 31.The price of a cricket ball changed from ₹50 to ₹65. What is the percentage increase?
  32. 32.A watch bought for ₹2300 is sold for ₹3220. What is the profit per cent?
  33. 33.What is 35% of 40?
  34. 34.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
  35. 35.What is 45% of 260?
  36. 36.The price of a school bag changed from ₹400 to ₹360. What is the percentage decrease?
  37. 37.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  38. 38.What is 10% of 680?
  39. 39.A shopkeeper buys a fan for ₹850 and sells it for ₹650. What is the loss (in ₹)?
  40. 40.A cooler costs ₹2000. It is sold at a 10% loss. What is the selling price (in ₹)?

Answer key

  1. 300
  2. 10
  3. 756
  4. 342
  5. 20
  6. 30
  7. 60
  8. 3230
  9. 1400
  10. 231
  11. 180
  12. 852
  13. 759
  14. 169
  15. 420
  16. 40
  17. 15
  18. 170
  19. 2040
  20. 10
  21. 4290
  22. 528
  23. 190
  24. 140
  25. 3190
  26. 20
  27. 840
  28. 2
  29. 30
  30. 60
  31. 30
  32. 40
  33. 14
  34. 40
  35. 117
  36. 10
  37. 60
  38. 68
  39. 200
  40. 1800

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