← 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 538 · 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 ₹1800 and sells it for ₹2090. What is the profit (in ₹)?
  2. 2.A cooler costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  3. 3.What is 45% of 200?
  4. 4.A mobile phone bought for ₹3500 is sold for ₹4550. What is the profit per cent?
  5. 5.What is 35% of 500?
  6. 6.What is the simple interest on ₹5200 at 4% per year for 1 year (in ₹)?
  7. 7.A watch bought for ₹2700 is sold for ₹3240. What is the profit per cent?
  8. 8.A shopkeeper buys a table for ₹2800 and sells it for ₹2780. What is the loss (in ₹)?
  9. 9.What is 45% of 700?
  10. 10.What is 80% of 740?
  11. 11.What is 75% of 540?
  12. 12.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
  13. 13.A sewing machine costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
  14. 14.A watch bought for ₹1800 is sold for ₹1710. What is the loss per cent?
  15. 15.A cricket kit bought for ₹1500 is sold for ₹1575. What is the profit per cent?
  16. 16.What is 5% of 780?
  17. 17.What is the amount (principal + simple interest) on ₹5300 at 2% per year for 2 years (in ₹)?
  18. 18.A sewing machine costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹800 at 5% per year for 2 years (in ₹)?
  20. 20.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2390. What is the profit (in ₹)?
  21. 21.The price of a pair of shoes changed from ₹100 to ₹160. What is the percentage increase?
  22. 22.What is the amount (principal + simple interest) on ₹900 at 12% per year for 3 years (in ₹)?
  23. 23.What is the simple interest on ₹2500 at 11% per year for 3 years (in ₹)?
  24. 24.What is 65% of 80?
  25. 25.A cooler bought for ₹3900 is sold for ₹3432. What is the loss per cent?
  26. 26.The price of a school bag changed from ₹250 to ₹400. What is the percentage increase?
  27. 27.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  28. 28.A shopkeeper buys a watch for ₹800 and sells it for ₹1030. What is the profit (in ₹)?
  29. 29.A shopkeeper buys a table for ₹2600 and sells it for ₹2710. What is the profit (in ₹)?
  30. 30.A mobile phone bought for ₹700 is sold for ₹784. What is the profit per cent?
  31. 31.A cycle costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 1 year (in ₹)?
  33. 33.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
  34. 34.What is the simple interest on ₹1900 at 4% per year for 5 years (in ₹)?
  35. 35.A watch costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹2350 and sells it for ₹2380. What is the profit (in ₹)?
  37. 37.What is the simple interest on ₹8100 at 12% per year for 5 years (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹1500 and sells it for ₹1420. What is the loss (in ₹)?
  39. 39.What is the simple interest on ₹4000 at 2% per year for 5 years (in ₹)?
  40. 40.What is the simple interest on ₹9700 at 9% per year for 5 years (in ₹)?

Answer key

  1. 290
  2. 2945
  3. 90
  4. 30
  5. 175
  6. 208
  7. 20
  8. 20
  9. 315
  10. 592
  11. 405
  12. 5
  13. 4400
  14. 5
  15. 5
  16. 39
  17. 5512
  18. 1955
  19. 880
  20. 140
  21. 60
  22. 1224
  23. 825
  24. 52
  25. 12
  26. 60
  27. 40
  28. 230
  29. 110
  30. 12
  31. 2100
  32. 8364
  33. 60
  34. 380
  35. 784
  36. 30
  37. 4860
  38. 80
  39. 400
  40. 4365

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