← 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 555 · 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 90% of 540?
  2. 2.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2680. What is the loss (in ₹)?
  3. 3.What is 5% of 200?
  4. 4.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1240. What is the loss (in ₹)?
  5. 5.A sewing machine bought for ₹400 is sold for ₹380. What is the loss per cent?
  6. 6.What is the simple interest on ₹6700 at 2% per year for 3 years (in ₹)?
  7. 7.A cooler costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹2800 at 9% per year for 1 year (in ₹)?
  9. 9.What is 45% of 940?
  10. 10.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1230. What is the loss (in ₹)?
  11. 11.The price of a water bottle changed from ₹20 to ₹2. What is the percentage decrease?
  12. 12.The price of a bus pass changed from ₹500 to ₹100. What is the percentage decrease?
  13. 13.A cycle costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2330. What is the loss (in ₹)?
  15. 15.What is the simple interest on ₹8100 at 7% per year for 2 years (in ₹)?
  16. 16.A cycle costs ₹1500. It is sold at a 25% loss. What is the selling price (in ₹)?
  17. 17.What is 85% of 680?
  18. 18.What is 5% of 920?
  19. 19.What is the simple interest on ₹7100 at 6% per year for 3 years (in ₹)?
  20. 20.A mobile phone costs ₹3400. It is sold at a 30% loss. What is the selling price (in ₹)?
  21. 21.A cooler costs ₹2200. It is sold at a 12% profit. What is the selling price (in ₹)?
  22. 22.The price of a bus pass changed from ₹20 to ₹2. What is the percentage decrease?
  23. 23.What is the simple interest on ₹1600 at 4% per year for 2 years (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3240. What is the profit (in ₹)?
  25. 25.A shopkeeper buys a cycle for ₹3000 and sells it for ₹2950. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1990. What is the profit (in ₹)?
  27. 27.The price of a bus pass changed from ₹20 to ₹21. What is the percentage increase?
  28. 28.What is 75% of 580?
  29. 29.A shopkeeper buys a fan for ₹2150 and sells it for ₹2230. What is the profit (in ₹)?
  30. 30.A cycle costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
  31. 31.The price of a bus pass changed from ₹400 to ₹100. What is the percentage decrease?
  32. 32.The price of a bus pass changed from ₹400 to ₹380. What is the percentage decrease?
  33. 33.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?
  34. 34.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹1080. What is the profit (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹2060. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹3400 at 6% per year for 5 years (in ₹)?
  37. 37.What is the simple interest on ₹9900 at 3% per year for 4 years (in ₹)?
  38. 38.A table bought for ₹500 is sold for ₹250. What is the loss per cent?
  39. 39.The price of a pair of shoes changed from ₹500 to ₹600. What is the percentage increase?
  40. 40.A cycle costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?

Answer key

  1. 486
  2. 270
  3. 10
  4. 210
  5. 5
  6. 402
  7. 330
  8. 252
  9. 423
  10. 270
  11. 90
  12. 80
  13. 315
  14. 20
  15. 1134
  16. 1125
  17. 578
  18. 46
  19. 1278
  20. 2380
  21. 2464
  22. 90
  23. 128
  24. 240
  25. 50
  26. 90
  27. 5
  28. 435
  29. 80
  30. 990
  31. 75
  32. 5
  33. 75
  34. 180
  35. 210
  36. 1020
  37. 1188
  38. 50
  39. 20
  40. 2000

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