← 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 613 · 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 the amount (principal + simple interest) on ₹1800 at 8% per year for 3 years (in ₹)?
  2. 2.What is 25% of 60?
  3. 3.What is the simple interest on ₹9900 at 11% per year for 1 year (in ₹)?
  4. 4.A watch costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
  5. 5.The price of a box of mangoes changed from ₹250 to ₹50. What is the percentage decrease?
  6. 6.A shopkeeper buys a table for ₹200 and sells it for ₹320. What is the profit (in ₹)?
  7. 7.The price of a school bag changed from ₹200 to ₹160. What is the percentage decrease?
  8. 8.What is 35% of 280?
  9. 9.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 3 years (in ₹)?
  10. 10.A cycle bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  11. 11.A mobile phone costs ₹2100. It is sold at a 25% loss. What is the selling price (in ₹)?
  12. 12.A mobile phone bought for ₹2400 is sold for ₹2160. What is the loss per cent?
  13. 13.A table bought for ₹2200 is sold for ₹2640. What is the profit per cent?
  14. 14.What is the simple interest on ₹3200 at 11% per year for 2 years (in ₹)?
  15. 15.A shopkeeper buys a fan for ₹2650 and sells it for ₹2520. What is the loss (in ₹)?
  16. 16.What is the simple interest on ₹4300 at 9% per year for 1 year (in ₹)?
  17. 17.What is the simple interest on ₹2000 at 4% per year for 2 years (in ₹)?
  18. 18.A mobile phone bought for ₹3600 is sold for ₹4680. What is the profit per cent?
  19. 19.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1850. What is the profit (in ₹)?
  20. 20.The price of a cricket ball changed from ₹250 to ₹225. What is the percentage decrease?
  21. 21.The price of a water bottle changed from ₹200 to ₹196. What is the percentage decrease?
  22. 22.A mobile phone costs ₹1300. It is sold at a 25% profit. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹7000 at 7% per year for 3 years (in ₹)?
  24. 24.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹3900 at 5% per year for 2 years (in ₹)?
  26. 26.A cycle bought for ₹2100 is sold for ₹1680. What is the loss per cent?
  27. 27.A cycle bought for ₹2000 is sold for ₹2500. What is the profit per cent?
  28. 28.What is the simple interest on ₹6600 at 4% per year for 4 years (in ₹)?
  29. 29.A cricket kit bought for ₹1900 is sold for ₹2850. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹6600 at 12% per year for 3 years (in ₹)?
  31. 31.The price of a bus pass changed from ₹400 to ₹40. What is the percentage decrease?
  32. 32.What is the simple interest on ₹6900 at 7% per year for 5 years (in ₹)?
  33. 33.A table bought for ₹2600 is sold for ₹2730. What is the profit per cent?
  34. 34.What is 65% of 300?
  35. 35.A cycle bought for ₹2900 is sold for ₹3770. What is the profit per cent?
  36. 36.A shopkeeper buys a fan for ₹3000 and sells it for ₹3140. What is the profit (in ₹)?
  37. 37.A table bought for ₹2900 is sold for ₹3045. What is the profit per cent?
  38. 38.A sewing machine bought for ₹200 is sold for ₹176. What is the loss per cent?
  39. 39.What is the simple interest on ₹6600 at 8% per year for 5 years (in ₹)?
  40. 40.A cooler bought for ₹1400 is sold for ₹1050. What is the loss per cent?

Answer key

  1. 2232
  2. 15
  3. 1089
  4. 480
  5. 80
  6. 120
  7. 20
  8. 98
  9. 3696
  10. 5
  11. 1575
  12. 10
  13. 20
  14. 704
  15. 130
  16. 387
  17. 160
  18. 30
  19. 150
  20. 10
  21. 2
  22. 1625
  23. 1470
  24. 2
  25. 4290
  26. 20
  27. 25
  28. 1056
  29. 50
  30. 8976
  31. 90
  32. 2415
  33. 5
  34. 195
  35. 30
  36. 140
  37. 5
  38. 12
  39. 2640
  40. 25

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