← 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 565 · 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.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  2. 2.What is 55% of 220?
  3. 3.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1060. What is the loss (in ₹)?
  4. 4.What is the simple interest on ₹7300 at 11% per year for 1 year (in ₹)?
  5. 5.A mobile phone costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹1910. What is the loss (in ₹)?
  7. 7.A mobile phone costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a fan for ₹1900 and sells it for ₹1750. What is the loss (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 3 years (in ₹)?
  10. 10.A sewing machine bought for ₹2400 is sold for ₹1920. What is the loss per cent?
  11. 11.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 1 year (in ₹)?
  12. 12.A cricket kit costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
  13. 13.What is 45% of 320?
  14. 14.What is the simple interest on ₹6700 at 11% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹6800 at 3% per year for 3 years (in ₹)?
  16. 16.What is 5% of 540?
  17. 17.The price of a school bag changed from ₹40 to ₹72. What is the percentage increase?
  18. 18.A watch costs ₹200. It is sold at a 25% profit. What is the selling price (in ₹)?
  19. 19.The price of a school bag changed from ₹250 to ₹400. What is the percentage increase?
  20. 20.What is 95% of 960?
  21. 21.What is the simple interest on ₹2000 at 2% per year for 5 years (in ₹)?
  22. 22.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1800. What is the loss (in ₹)?
  23. 23.What is 30% of 1000?
  24. 24.What is the amount (principal + simple interest) on ₹10000 at 5% per year for 1 year (in ₹)?
  25. 25.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1980. What is the profit (in ₹)?
  26. 26.A cycle bought for ₹1500 is sold for ₹1575. What is the profit per cent?
  27. 27.A watch bought for ₹2100 is sold for ₹2625. What is the profit per cent?
  28. 28.A fan bought for ₹800 is sold for ₹600. What is the loss per cent?
  29. 29.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2450. What is the profit (in ₹)?
  30. 30.A mobile phone costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
  31. 31.The price of a water bottle changed from ₹80 to ₹96. What is the percentage increase?
  32. 32.What is the simple interest on ₹1500 at 11% per year for 1 year (in ₹)?
  33. 33.What is the simple interest on ₹7600 at 4% per year for 2 years (in ₹)?
  34. 34.What is 70% of 100?
  35. 35.A mobile phone costs ₹3900. It is sold at a 10% loss. What is the selling price (in ₹)?
  36. 36.What is 70% of 580?
  37. 37.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2590. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹1000 and sells it for ₹830. What is the loss (in ₹)?
  39. 39.What is 75% of 240?
  40. 40.What is the amount (principal + simple interest) on ₹8700 at 9% per year for 3 years (in ₹)?

Answer key

  1. 20
  2. 121
  3. 90
  4. 803
  5. 3450
  6. 290
  7. 900
  8. 150
  9. 9856
  10. 20
  11. 3162
  12. 640
  13. 144
  14. 1474
  15. 612
  16. 27
  17. 80
  18. 250
  19. 60
  20. 912
  21. 200
  22. 50
  23. 300
  24. 10500
  25. 130
  26. 5
  27. 25
  28. 25
  29. 50
  30. 3330
  31. 20
  32. 165
  33. 608
  34. 70
  35. 3510
  36. 406
  37. 60
  38. 170
  39. 180
  40. 11049

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