← 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 600 · 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 fan for ₹2800 and sells it for ₹2550. What is the loss (in ₹)?
  2. 2.What is the simple interest on ₹4400 at 2% per year for 2 years (in ₹)?
  3. 3.What is 45% of 940?
  4. 4.What is 65% of 280?
  5. 5.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 5 years (in ₹)?
  6. 6.A cricket kit bought for ₹700 is sold for ₹595. What is the loss per cent?
  7. 7.The price of a box of mangoes changed from ₹250 to ₹350. What is the percentage increase?
  8. 8.A cooler bought for ₹700 is sold for ₹560. What is the loss per cent?
  9. 9.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 1 year (in ₹)?
  10. 10.What is the simple interest on ₹7900 at 12% per year for 2 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹5900 at 8% per year for 1 year (in ₹)?
  12. 12.The price of a pair of shoes changed from ₹40 to ₹64. What is the percentage increase?
  13. 13.What is 45% of 760?
  14. 14.What is 25% of 240?
  15. 15.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹950. What is the loss (in ₹)?
  16. 16.The price of a cricket ball changed from ₹400 to ₹520. What is the percentage increase?
  17. 17.What is 5% of 200?
  18. 18.A shopkeeper buys a fan for ₹2250 and sells it for ₹2180. What is the loss (in ₹)?
  19. 19.A sewing machine costs ₹1000. It is sold at a 40% loss. What is the selling price (in ₹)?
  20. 20.What is 60% of 820?
  21. 21.A cooler costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a table for ₹200 and sells it for ₹340. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1620. What is the loss (in ₹)?
  24. 24.A table bought for ₹2800 is sold for ₹2464. What is the loss per cent?
  25. 25.What is 15% of 860?
  26. 26.What is the simple interest on ₹2300 at 8% per year for 3 years (in ₹)?
  27. 27.A sewing machine bought for ₹500 is sold for ₹450. What is the loss per cent?
  28. 28.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 4 years (in ₹)?
  29. 29.A shopkeeper buys a fan for ₹2450 and sells it for ₹2390. What is the loss (in ₹)?
  30. 30.A watch costs ₹2600. It is sold at a 20% profit. What is the selling price (in ₹)?
  31. 31.What is 15% of 180?
  32. 32.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 4 years (in ₹)?
  33. 33.A cooler costs ₹2400. It is sold at a 40% profit. What is the selling price (in ₹)?
  34. 34.What is 25% of 220?
  35. 35.What is 20% of 960?
  36. 36.What is the simple interest on ₹7400 at 4% per year for 3 years (in ₹)?
  37. 37.A table bought for ₹3900 is sold for ₹3432. What is the loss per cent?
  38. 38.The price of a bus pass changed from ₹20 to ₹18. What is the percentage decrease?
  39. 39.A shopkeeper buys a fan for ₹2050 and sells it for ₹2300. What is the profit (in ₹)?
  40. 40.What is the simple interest on ₹7400 at 2% per year for 3 years (in ₹)?

Answer key

  1. 250
  2. 176
  3. 423
  4. 182
  5. 12460
  6. 15
  7. 40
  8. 20
  9. 1417
  10. 1896
  11. 6372
  12. 60
  13. 342
  14. 60
  15. 50
  16. 30
  17. 10
  18. 70
  19. 600
  20. 492
  21. 345
  22. 140
  23. 80
  24. 12
  25. 129
  26. 552
  27. 10
  28. 6944
  29. 60
  30. 3120
  31. 27
  32. 6160
  33. 3360
  34. 55
  35. 192
  36. 888
  37. 12
  38. 10
  39. 250
  40. 444

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