← 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 496 · 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 shopkeeper buys a cooler for ₹2000 and sells it for ₹2100. What is the profit (in ₹)?
  2. 2.The price of a cricket ball changed from ₹250 to ₹325. What is the percentage increase?
  3. 3.The price of a bus pass changed from ₹20 to ₹2. What is the percentage decrease?
  4. 4.What is 10% of 40?
  5. 5.A cycle bought for ₹700 is sold for ₹784. What is the profit per cent?
  6. 6.What is the simple interest on ₹6300 at 9% per year for 4 years (in ₹)?
  7. 7.A table costs ₹3200. It is sold at a 30% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹9900 at 8% per year for 1 year (in ₹)?
  9. 9.A shopkeeper buys a watch for ₹650 and sells it for ₹860. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2830. What is the profit (in ₹)?
  11. 11.What is 85% of 160?
  12. 12.What is 5% of 660?
  13. 13.A cricket kit bought for ₹1400 is sold for ₹2100. What is the profit per cent?
  14. 14.What is the simple interest on ₹5700 at 12% per year for 5 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 4 years (in ₹)?
  16. 16.A cycle bought for ₹3200 is sold for ₹3584. What is the profit per cent?
  17. 17.A shopkeeper buys a watch for ₹2500 and sells it for ₹2650. What is the profit (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹9900 at 8% per year for 5 years (in ₹)?
  19. 19.A table bought for ₹3100 is sold for ₹3875. What is the profit per cent?
  20. 20.What is the simple interest on ₹2800 at 9% per year for 1 year (in ₹)?
  21. 21.A table bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹7300 at 2% per year for 4 years (in ₹)?
  23. 23.What is the simple interest on ₹1200 at 10% per year for 3 years (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹800 and sells it for ₹970. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹3700 at 3% per year for 3 years (in ₹)?
  26. 26.What is the simple interest on ₹4200 at 5% per year for 2 years (in ₹)?
  27. 27.The price of a bus pass changed from ₹400 to ₹240. What is the percentage decrease?
  28. 28.A cricket kit bought for ₹700 is sold for ₹840. What is the profit per cent?
  29. 29.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2930. What is the profit (in ₹)?
  30. 30.A sewing machine bought for ₹2400 is sold for ₹1680. What is the loss per cent?
  31. 31.What is the simple interest on ₹3100 at 12% per year for 1 year (in ₹)?
  32. 32.A shopkeeper buys a table for ₹1400 and sells it for ₹1270. What is the loss (in ₹)?
  33. 33.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
  34. 34.A cooler bought for ₹900 is sold for ₹945. What is the profit per cent?
  35. 35.What is the simple interest on ₹8100 at 9% per year for 3 years (in ₹)?
  36. 36.A fan costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 1 year (in ₹)?
  38. 38.A table costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
  39. 39.What is the simple interest on ₹600 at 4% per year for 3 years (in ₹)?
  40. 40.What is the simple interest on ₹1000 at 8% per year for 3 years (in ₹)?

Answer key

  1. 100
  2. 30
  3. 90
  4. 4
  5. 12
  6. 2268
  7. 2240
  8. 792
  9. 210
  10. 30
  11. 136
  12. 33
  13. 50
  14. 3420
  15. 7040
  16. 12
  17. 150
  18. 13860
  19. 25
  20. 252
  21. 10
  22. 7884
  23. 360
  24. 170
  25. 333
  26. 420
  27. 40
  28. 20
  29. 180
  30. 30
  31. 372
  32. 130
  33. 30
  34. 5
  35. 2187
  36. 2860
  37. 3224
  38. 1300
  39. 72
  40. 240

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