← 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 638 · 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 fan costs ₹2000. It is sold at a 15% loss. What is the selling price (in ₹)?
  2. 2.A fan bought for ₹2100 is sold for ₹1890. What is the loss per cent?
  3. 3.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 5 years (in ₹)?
  4. 4.What is the simple interest on ₹9800 at 6% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 5 years (in ₹)?
  6. 6.A watch bought for ₹300 is sold for ₹264. What is the loss per cent?
  7. 7.What is the simple interest on ₹3400 at 4% per year for 2 years (in ₹)?
  8. 8.The price of a bus pass changed from ₹40 to ₹52. What is the percentage increase?
  9. 9.A cycle costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
  10. 10.A fan bought for ₹3900 is sold for ₹5460. What is the profit per cent?
  11. 11.What is the simple interest on ₹7400 at 3% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹900 at 4% per year for 1 year (in ₹)?
  13. 13.A mobile phone bought for ₹400 is sold for ₹460. What is the profit per cent?
  14. 14.A cricket kit costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
  15. 15.The price of a bus pass changed from ₹20 to ₹14. What is the percentage decrease?
  16. 16.What is the simple interest on ₹6900 at 4% per year for 3 years (in ₹)?
  17. 17.What is the simple interest on ₹7200 at 12% per year for 4 years (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹40 to ₹38. What is the percentage decrease?
  19. 19.A table costs ₹3900. It is sold at a 25% loss. What is the selling price (in ₹)?
  20. 20.A cooler bought for ₹1900 is sold for ₹1805. What is the loss per cent?
  21. 21.What is the simple interest on ₹2600 at 11% per year for 1 year (in ₹)?
  22. 22.A cooler bought for ₹3600 is sold for ₹3168. What is the loss per cent?
  23. 23.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 1 year (in ₹)?
  24. 24.What is 70% of 900?
  25. 25.A cycle costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 3 years (in ₹)?
  27. 27.What is the simple interest on ₹7900 at 3% per year for 4 years (in ₹)?
  28. 28.What is 45% of 1000?
  29. 29.A sewing machine bought for ₹1800 is sold for ₹1530. What is the loss per cent?
  30. 30.The price of a box of mangoes changed from ₹80 to ₹100. What is the percentage increase?
  31. 31.The price of a pair of shoes changed from ₹100 to ₹120. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹9700 at 5% per year for 3 years (in ₹)?
  33. 33.The price of a school bag changed from ₹50 to ₹51. What is the percentage increase?
  34. 34.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹990. What is the profit (in ₹)?
  35. 35.What is the simple interest on ₹2800 at 10% per year for 3 years (in ₹)?
  36. 36.What is the simple interest on ₹1500 at 10% per year for 2 years (in ₹)?
  37. 37.What is 65% of 840?
  38. 38.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
  39. 39.What is 35% of 720?
  40. 40.A shopkeeper buys a fan for ₹700 and sells it for ₹940. What is the profit (in ₹)?

Answer key

  1. 1700
  2. 10
  3. 3080
  4. 2940
  5. 3840
  6. 12
  7. 272
  8. 30
  9. 2160
  10. 40
  11. 1110
  12. 36
  13. 15
  14. 1300
  15. 30
  16. 828
  17. 3456
  18. 5
  19. 2925
  20. 5
  21. 286
  22. 12
  23. 2940
  24. 630
  25. 1680
  26. 4033
  27. 948
  28. 450
  29. 15
  30. 25
  31. 20
  32. 11155
  33. 2
  34. 40
  35. 840
  36. 300
  37. 546
  38. 25
  39. 252
  40. 240

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