← 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 679 · 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 sewing machine for ₹2950 and sells it for ₹3030. What is the profit (in ₹)?
  2. 2.What is the simple interest on ₹6500 at 3% per year for 5 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 3 years (in ₹)?
  4. 4.A shopkeeper buys a table for ₹2950 and sells it for ₹2850. What is the loss (in ₹)?
  5. 5.What is 55% of 260?
  6. 6.What is 30% of 780?
  7. 7.A shopkeeper buys a table for ₹2450 and sells it for ₹2300. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹5100 at 12% per year for 5 years (in ₹)?
  9. 9.A shopkeeper buys a cycle for ₹1800 and sells it for ₹2040. What is the profit (in ₹)?
  10. 10.The price of a bus pass changed from ₹20 to ₹36. What is the percentage increase?
  11. 11.A sewing machine bought for ₹1700 is sold for ₹2550. What is the profit per cent?
  12. 12.What is the amount (principal + simple interest) on ₹1400 at 5% per year for 1 year (in ₹)?
  13. 13.What is the simple interest on ₹5500 at 11% per year for 4 years (in ₹)?
  14. 14.A table costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹750 and sells it for ₹660. What is the loss (in ₹)?
  16. 16.A watch bought for ₹3600 is sold for ₹2520. What is the loss per cent?
  17. 17.What is the simple interest on ₹2500 at 8% per year for 4 years (in ₹)?
  18. 18.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹3010. What is the profit (in ₹)?
  19. 19.A sewing machine bought for ₹700 is sold for ₹770. What is the profit per cent?
  20. 20.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 1 year (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹3200 at 2% per year for 1 year (in ₹)?
  22. 22.A table bought for ₹300 is sold for ₹240. What is the loss per cent?
  23. 23.The price of a box of mangoes changed from ₹80 to ₹72. What is the percentage decrease?
  24. 24.What is 10% of 500?
  25. 25.What is 70% of 180?
  26. 26.What is the simple interest on ₹7300 at 6% per year for 3 years (in ₹)?
  27. 27.What is the simple interest on ₹1000 at 9% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹2000 at 6% per year for 4 years (in ₹)?
  29. 29.The price of a school bag changed from ₹80 to ₹20. What is the percentage decrease?
  30. 30.A cricket kit bought for ₹3400 is sold for ₹4420. What is the profit per cent?
  31. 31.A fan costs ₹2600. It is sold at a 20% loss. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹9500 at 12% per year for 3 years (in ₹)?
  33. 33.A shopkeeper buys a table for ₹2550 and sells it for ₹2650. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2050. What is the loss (in ₹)?
  35. 35.A sewing machine costs ₹3900. It is sold at a 40% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1120. What is the loss (in ₹)?
  37. 37.A fan bought for ₹3500 is sold for ₹4375. What is the profit per cent?
  38. 38.A cricket kit bought for ₹2100 is sold for ₹1848. What is the loss per cent?
  39. 39.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 4 years (in ₹)?
  40. 40.A cooler bought for ₹2200 is sold for ₹2750. What is the profit per cent?

Answer key

  1. 80
  2. 975
  3. 7420
  4. 100
  5. 143
  6. 234
  7. 150
  8. 3060
  9. 240
  10. 80
  11. 50
  12. 1470
  13. 2420
  14. 2310
  15. 90
  16. 30
  17. 800
  18. 60
  19. 10
  20. 5304
  21. 3264
  22. 20
  23. 10
  24. 50
  25. 126
  26. 1314
  27. 360
  28. 2480
  29. 75
  30. 30
  31. 2080
  32. 3420
  33. 100
  34. 150
  35. 5460
  36. 80
  37. 25
  38. 12
  39. 4060
  40. 25

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