← 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 634 · 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 cycle costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹6100 at 7% per year for 2 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 1 year (in ₹)?
  4. 4.What is the simple interest on ₹1200 at 10% per year for 1 year (in ₹)?
  5. 5.What is the simple interest on ₹2700 at 10% per year for 5 years (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹890. What is the profit (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 2 years (in ₹)?
  8. 8.A watch costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
  9. 9.What is 95% of 200?
  10. 10.What is the amount (principal + simple interest) on ₹2700 at 11% per year for 2 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 1 year (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹7500 at 3% per year for 2 years (in ₹)?
  13. 13.What is the simple interest on ₹2100 at 8% per year for 1 year (in ₹)?
  14. 14.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1750. What is the loss (in ₹)?
  15. 15.What is the simple interest on ₹1100 at 6% per year for 1 year (in ₹)?
  16. 16.What is 70% of 60?
  17. 17.A mobile phone costs ₹3300. It is sold at a 5% profit. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹860. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a cooler for ₹250 and sells it for ₹340. What is the profit (in ₹)?
  20. 20.A cooler bought for ₹500 is sold for ₹450. What is the loss per cent?
  21. 21.A fan bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  22. 22.What is the simple interest on ₹600 at 7% per year for 1 year (in ₹)?
  23. 23.A cooler costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1000 at 11% per year for 3 years (in ₹)?
  25. 25.What is 45% of 840?
  26. 26.A sewing machine bought for ₹2900 is sold for ₹4350. What is the profit per cent?
  27. 27.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2630. What is the loss (in ₹)?
  28. 28.A sewing machine costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
  29. 29.The price of a cricket ball changed from ₹200 to ₹180. What is the percentage decrease?
  30. 30.A watch bought for ₹4000 is sold for ₹5000. What is the profit per cent?
  31. 31.What is the amount (principal + simple interest) on ₹9000 at 8% per year for 2 years (in ₹)?
  32. 32.What is the simple interest on ₹2800 at 5% per year for 1 year (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹2400 at 11% per year for 4 years (in ₹)?
  34. 34.What is 20% of 180?
  35. 35.What is the simple interest on ₹1100 at 11% per year for 5 years (in ₹)?
  36. 36.What is the simple interest on ₹9700 at 6% per year for 3 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹1600 at 2% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2820. What is the profit (in ₹)?
  39. 39.What is 30% of 160?
  40. 40.What is 10% of 120?

Answer key

  1. 450
  2. 854
  3. 1122
  4. 120
  5. 1350
  6. 140
  7. 8374
  8. 3080
  9. 190
  10. 3294
  11. 6732
  12. 7950
  13. 168
  14. 150
  15. 66
  16. 42
  17. 3465
  18. 210
  19. 90
  20. 10
  21. 25
  22. 42
  23. 1440
  24. 1330
  25. 378
  26. 50
  27. 20
  28. 3250
  29. 10
  30. 25
  31. 10440
  32. 140
  33. 3456
  34. 36
  35. 605
  36. 1746
  37. 1728
  38. 120
  39. 48
  40. 12

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