← 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 543 · 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 60% of 700?
  2. 2.A mobile phone bought for ₹2500 is sold for ₹2625. What is the profit per cent?
  3. 3.A cycle costs ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 1 year (in ₹)?
  5. 5.What is the simple interest on ₹1200 at 5% per year for 4 years (in ₹)?
  6. 6.The price of a pair of shoes changed from ₹500 to ₹750. What is the percentage increase?
  7. 7.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  8. 8.A sewing machine bought for ₹2800 is sold for ₹3220. What is the profit per cent?
  9. 9.What is the amount (principal + simple interest) on ₹8100 at 2% per year for 2 years (in ₹)?
  10. 10.What is the simple interest on ₹4500 at 10% per year for 4 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹2500 at 4% per year for 1 year (in ₹)?
  12. 12.What is 25% of 760?
  13. 13.What is the amount (principal + simple interest) on ₹3800 at 7% per year for 3 years (in ₹)?
  14. 14.What is 5% of 420?
  15. 15.A shopkeeper buys a fan for ₹1950 and sells it for ₹1700. What is the loss (in ₹)?
  16. 16.A sewing machine costs ₹3600. It is sold at a 30% profit. What is the selling price (in ₹)?
  17. 17.What is 10% of 860?
  18. 18.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  19. 19.What is 20% of 400?
  20. 20.A shopkeeper buys a cooler for ₹200 and sells it for ₹270. What is the profit (in ₹)?
  21. 21.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹500. What is the profit (in ₹)?
  22. 22.A mobile phone bought for ₹3400 is sold for ₹3570. What is the profit per cent?
  23. 23.A shopkeeper buys a watch for ₹1200 and sells it for ₹1360. What is the profit (in ₹)?
  24. 24.What is 30% of 800?
  25. 25.A shopkeeper buys a table for ₹1450 and sells it for ₹1270. What is the loss (in ₹)?
  26. 26.What is 5% of 980?
  27. 27.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2610. What is the loss (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹9800 at 2% per year for 3 years (in ₹)?
  29. 29.What is the simple interest on ₹2100 at 6% per year for 4 years (in ₹)?
  30. 30.What is 45% of 160?
  31. 31.A table bought for ₹3800 is sold for ₹2850. What is the loss per cent?
  32. 32.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1010. What is the profit (in ₹)?
  34. 34.What is 45% of 660?
  35. 35.A cooler bought for ₹600 is sold for ₹630. What is the profit per cent?
  36. 36.A cycle bought for ₹2000 is sold for ₹1700. What is the loss per cent?
  37. 37.What is 25% of 60?
  38. 38.The price of a school bag changed from ₹200 to ₹140. What is the percentage decrease?
  39. 39.A fan bought for ₹3700 is sold for ₹2960. What is the loss per cent?
  40. 40.What is the simple interest on ₹1200 at 9% per year for 5 years (in ₹)?

Answer key

  1. 420
  2. 5
  3. 3150
  4. 4944
  5. 240
  6. 50
  7. 80
  8. 15
  9. 8424
  10. 1800
  11. 2600
  12. 190
  13. 4598
  14. 21
  15. 250
  16. 4680
  17. 86
  18. 60
  19. 80
  20. 70
  21. 200
  22. 5
  23. 160
  24. 240
  25. 180
  26. 49
  27. 40
  28. 10388
  29. 504
  30. 72
  31. 25
  32. 10
  33. 10
  34. 297
  35. 5
  36. 15
  37. 15
  38. 30
  39. 20
  40. 540

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