← 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 673 · 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 ₹4100 at 12% per year for 2 years (in ₹)?
  2. 2.A mobile phone costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
  3. 3.A cricket kit bought for ₹1900 is sold for ₹2470. What is the profit per cent?
  4. 4.What is 45% of 240?
  5. 5.A sewing machine bought for ₹300 is sold for ₹315. What is the profit per cent?
  6. 6.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2080. What is the profit (in ₹)?
  7. 7.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  8. 8.What is the simple interest on ₹1100 at 5% per year for 4 years (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹840. What is the profit (in ₹)?
  11. 11.The price of a pair of shoes changed from ₹500 to ₹650. What is the percentage increase?
  12. 12.A cricket kit costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
  13. 13.A cooler costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
  14. 14.What is 10% of 380?
  15. 15.A shopkeeper buys a cycle for ₹3000 and sells it for ₹2710. What is the loss (in ₹)?
  16. 16.The price of a bus pass changed from ₹500 to ₹750. What is the percentage increase?
  17. 17.What is the simple interest on ₹4500 at 5% per year for 5 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹4400 at 7% per year for 5 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹9400 at 12% per year for 5 years (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹40 to ₹10. What is the percentage decrease?
  21. 21.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1510. What is the loss (in ₹)?
  22. 22.What is the simple interest on ₹4800 at 6% per year for 5 years (in ₹)?
  23. 23.A cricket kit bought for ₹3900 is sold for ₹2925. What is the loss per cent?
  24. 24.A table bought for ₹4000 is sold for ₹2000. What is the loss per cent?
  25. 25.A shopkeeper buys a cooler for ₹850 and sells it for ₹940. What is the profit (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹510. What is the profit (in ₹)?
  27. 27.What is the simple interest on ₹1500 at 10% per year for 5 years (in ₹)?
  28. 28.What is the simple interest on ₹900 at 6% per year for 1 year (in ₹)?
  29. 29.The price of a pair of shoes changed from ₹200 to ₹198. What is the percentage decrease?
  30. 30.A cycle bought for ₹3600 is sold for ₹1800. What is the loss per cent?
  31. 31.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1820. What is the profit (in ₹)?
  32. 32.What is 25% of 380?
  33. 33.What is the simple interest on ₹8400 at 12% per year for 3 years (in ₹)?
  34. 34.A mobile phone bought for ₹3500 is sold for ₹2975. What is the loss per cent?
  35. 35.A fan costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.The price of a water bottle changed from ₹40 to ₹42. What is the percentage increase?
  37. 37.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹360. What is the loss (in ₹)?
  38. 38.The price of a water bottle changed from ₹200 to ₹260. What is the percentage increase?
  39. 39.What is the amount (principal + simple interest) on ₹6300 at 11% per year for 1 year (in ₹)?
  40. 40.What is 45% of 380?

Answer key

  1. 5084
  2. 2112
  3. 30
  4. 108
  5. 5
  6. 180
  7. 40
  8. 220
  9. 30
  10. 40
  11. 30
  12. 600
  13. 4256
  14. 38
  15. 290
  16. 50
  17. 1125
  18. 5940
  19. 15040
  20. 75
  21. 240
  22. 1440
  23. 25
  24. 50
  25. 90
  26. 60
  27. 750
  28. 54
  29. 1
  30. 50
  31. 170
  32. 95
  33. 3024
  34. 15
  35. 300
  36. 5
  37. 190
  38. 30
  39. 6993
  40. 171

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