← 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 654 · 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 mobile phone for ₹2900 and sells it for ₹3160. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹8600 at 4% per year for 2 years (in ₹)?
  3. 3.What is the simple interest on ₹4700 at 12% per year for 5 years (in ₹)?
  4. 4.What is 65% of 940?
  5. 5.A shopkeeper buys a fan for ₹2300 and sells it for ₹2070. What is the loss (in ₹)?
  6. 6.The price of a cricket ball changed from ₹80 to ₹120. What is the percentage increase?
  7. 7.The price of a box of mangoes changed from ₹20 to ₹8. What is the percentage decrease?
  8. 8.The price of a box of mangoes changed from ₹200 to ₹204. What is the percentage increase?
  9. 9.A cycle costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
  10. 10.A cooler bought for ₹3800 is sold for ₹3420. What is the loss per cent?
  11. 11.The price of a pair of shoes changed from ₹40 to ₹30. What is the percentage decrease?
  12. 12.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1630. What is the loss (in ₹)?
  13. 13.A sewing machine bought for ₹2900 is sold for ₹1450. What is the loss per cent?
  14. 14.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1130. What is the loss (in ₹)?
  15. 15.A table bought for ₹3200 is sold for ₹2816. What is the loss per cent?
  16. 16.What is 10% of 100?
  17. 17.What is the amount (principal + simple interest) on ₹900 at 8% per year for 2 years (in ₹)?
  18. 18.What is 45% of 140?
  19. 19.A sewing machine bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  20. 20.What is the amount (principal + simple interest) on ₹4900 at 4% per year for 4 years (in ₹)?
  21. 21.A cooler costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹3300 at 11% per year for 4 years (in ₹)?
  23. 23.What is 5% of 940?
  24. 24.What is 35% of 60?
  25. 25.A cycle costs ₹3600. It is sold at a 30% profit. What is the selling price (in ₹)?
  26. 26.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  27. 27.What is 70% of 280?
  28. 28.A cooler costs ₹3500. It is sold at a 20% profit. What is the selling price (in ₹)?
  29. 29.The price of a cricket ball changed from ₹400 to ₹240. What is the percentage decrease?
  30. 30.The price of a box of mangoes changed from ₹200 to ₹80. What is the percentage decrease?
  31. 31.What is 5% of 760?
  32. 32.A watch costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
  33. 33.A cooler bought for ₹1600 is sold for ₹2000. What is the profit per cent?
  34. 34.A cricket kit bought for ₹2400 is sold for ₹3600. What is the profit per cent?
  35. 35.What is the simple interest on ₹8900 at 12% per year for 1 year (in ₹)?
  36. 36.What is the simple interest on ₹900 at 10% per year for 3 years (in ₹)?
  37. 37.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
  38. 38.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2460. What is the loss (in ₹)?
  39. 39.What is the simple interest on ₹8600 at 9% per year for 2 years (in ₹)?
  40. 40.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1210. What is the profit (in ₹)?

Answer key

  1. 260
  2. 688
  3. 2820
  4. 611
  5. 230
  6. 50
  7. 60
  8. 2
  9. 1150
  10. 10
  11. 25
  12. 20
  13. 50
  14. 170
  15. 12
  16. 10
  17. 1044
  18. 63
  19. 25
  20. 5684
  21. 280
  22. 1452
  23. 47
  24. 21
  25. 4680
  26. 40
  27. 196
  28. 4200
  29. 40
  30. 60
  31. 38
  32. 2640
  33. 25
  34. 50
  35. 1068
  36. 270
  37. 10
  38. 240
  39. 1548
  40. 160

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