← 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 504 · 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 cricket kit for ₹500 and sells it for ₹530. What is the profit (in ₹)?
  2. 2.A cycle bought for ₹900 is sold for ₹540. What is the loss per cent?
  3. 3.What is 15% of 500?
  4. 4.What is the simple interest on ₹4400 at 12% per year for 2 years (in ₹)?
  5. 5.A table costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹7600 at 6% per year for 2 years (in ₹)?
  7. 7.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  8. 8.A cooler costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
  9. 9.What is 30% of 920?
  10. 10.What is the amount (principal + simple interest) on ₹9800 at 11% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹6500 at 6% per year for 3 years (in ₹)?
  12. 12.A cricket kit bought for ₹3000 is sold for ₹3300. What is the profit per cent?
  13. 13.What is 75% of 840?
  14. 14.What is the amount (principal + simple interest) on ₹8300 at 7% per year for 5 years (in ₹)?
  15. 15.What is 70% of 640?
  16. 16.A shopkeeper buys a watch for ₹1500 and sells it for ₹1720. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹3300 at 4% per year for 1 year (in ₹)?
  18. 18.A sewing machine bought for ₹1200 is sold for ₹1020. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹1200 at 12% per year for 2 years (in ₹)?
  20. 20.What is 40% of 320?
  21. 21.What is 10% of 620?
  22. 22.A cycle costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹7900 at 9% per year for 1 year (in ₹)?
  24. 24.What is the simple interest on ₹9500 at 6% per year for 4 years (in ₹)?
  25. 25.What is 35% of 240?
  26. 26.The price of a box of mangoes changed from ₹20 to ₹24. What is the percentage increase?
  27. 27.What is 55% of 700?
  28. 28.What is 5% of 180?
  29. 29.What is the simple interest on ₹900 at 12% per year for 5 years (in ₹)?
  30. 30.What is 90% of 340?
  31. 31.What is 75% of 360?
  32. 32.What is the amount (principal + simple interest) on ₹8400 at 2% per year for 3 years (in ₹)?
  33. 33.A cricket kit costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
  34. 34.What is 25% of 780?
  35. 35.The price of a water bottle changed from ₹100 to ₹190. What is the percentage increase?
  36. 36.The price of a cricket ball changed from ₹20 to ₹16. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹1600 at 11% per year for 1 year (in ₹)?
  38. 38.A table costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 5 years (in ₹)?
  40. 40.A mobile phone bought for ₹3500 is sold for ₹3325. What is the loss per cent?

Answer key

  1. 30
  2. 40
  3. 75
  4. 1056
  5. 450
  6. 912
  7. 60
  8. 350
  9. 276
  10. 15190
  11. 7670
  12. 10
  13. 630
  14. 11205
  15. 448
  16. 220
  17. 132
  18. 15
  19. 1488
  20. 128
  21. 62
  22. 2280
  23. 8611
  24. 2280
  25. 84
  26. 20
  27. 385
  28. 9
  29. 540
  30. 306
  31. 270
  32. 8904
  33. 500
  34. 195
  35. 90
  36. 20
  37. 1776
  38. 3520
  39. 1500
  40. 5

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