← 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 662 · 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 sewing machine bought for ₹2300 is sold for ₹1380. What is the loss per cent?
  2. 2.The price of a water bottle changed from ₹250 to ₹25. What is the percentage decrease?
  3. 3.A shopkeeper buys a cycle for ₹950 and sells it for ₹1160. What is the profit (in ₹)?
  4. 4.A watch costs ₹1900. It is sold at a 15% profit. What is the selling price (in ₹)?
  5. 5.What is 60% of 940?
  6. 6.A shopkeeper buys a fan for ₹2850 and sells it for ₹2980. What is the profit (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹8200 at 12% per year for 1 year (in ₹)?
  8. 8.What is the simple interest on ₹1700 at 2% per year for 5 years (in ₹)?
  9. 9.What is 60% of 200?
  10. 10.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2750. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 1 year (in ₹)?
  12. 12.A mobile phone bought for ₹400 is sold for ₹448. What is the profit per cent?
  13. 13.A cycle costs ₹2900. It is sold at a 15% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a table for ₹1900 and sells it for ₹2060. What is the profit (in ₹)?
  15. 15.What is 30% of 740?
  16. 16.What is the simple interest on ₹4700 at 11% per year for 5 years (in ₹)?
  17. 17.What is the simple interest on ₹4200 at 5% per year for 4 years (in ₹)?
  18. 18.A watch bought for ₹2800 is sold for ₹1680. What is the loss per cent?
  19. 19.What is the simple interest on ₹4500 at 8% per year for 5 years (in ₹)?
  20. 20.What is 40% of 600?
  21. 21.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2180. What is the profit (in ₹)?
  22. 22.A watch bought for ₹3400 is sold for ₹2720. What is the loss per cent?
  23. 23.A shopkeeper buys a table for ₹1750 and sells it for ₹1860. What is the profit (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 2 years (in ₹)?
  25. 25.A sewing machine bought for ₹2100 is sold for ₹2205. What is the profit per cent?
  26. 26.A fan costs ₹3400. It is sold at a 12% profit. What is the selling price (in ₹)?
  27. 27.What is 40% of 220?
  28. 28.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹130. What is the loss (in ₹)?
  29. 29.What is 45% of 460?
  30. 30.A shopkeeper buys a cycle for ₹350 and sells it for ₹210. What is the loss (in ₹)?
  31. 31.A cycle bought for ₹1000 is sold for ₹800. What is the loss per cent?
  32. 32.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2810. What is the loss (in ₹)?
  33. 33.What is the simple interest on ₹5600 at 8% per year for 1 year (in ₹)?
  34. 34.A shopkeeper buys a cooler for ₹1000 and sells it for ₹910. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a cycle for ₹400 and sells it for ₹420. What is the profit (in ₹)?
  36. 36.A fan bought for ₹2800 is sold for ₹2940. What is the profit per cent?
  37. 37.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2840. What is the profit (in ₹)?
  38. 38.What is 55% of 340?
  39. 39.What is 25% of 60?
  40. 40.A shopkeeper buys a fan for ₹1600 and sells it for ₹1700. What is the profit (in ₹)?

Answer key

  1. 40
  2. 90
  3. 210
  4. 2185
  5. 564
  6. 130
  7. 9184
  8. 170
  9. 120
  10. 200
  11. 8715
  12. 12
  13. 3335
  14. 160
  15. 222
  16. 2585
  17. 840
  18. 40
  19. 1800
  20. 240
  21. 280
  22. 20
  23. 110
  24. 1590
  25. 5
  26. 3808
  27. 88
  28. 70
  29. 207
  30. 140
  31. 20
  32. 40
  33. 448
  34. 90
  35. 20
  36. 5
  37. 290
  38. 187
  39. 15
  40. 100

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