← 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 72 · 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 table for ₹400 and sells it for ₹120. What is the loss (in ₹)?
  2. 2.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹910. What is the profit (in ₹)?
  3. 3.A watch costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
  4. 4.What is 80% of 900?
  5. 5.What is the simple interest on ₹2900 at 4% per year for 4 years (in ₹)?
  6. 6.A fan bought for ₹2500 is sold for ₹2625. What is the profit per cent?
  7. 7.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2640. What is the loss (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹3700 at 12% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a watch for ₹2450 and sells it for ₹2690. What is the profit (in ₹)?
  10. 10.What is 55% of 980?
  11. 11.The price of a box of mangoes changed from ₹80 to ₹16. What is the percentage decrease?
  12. 12.A cooler bought for ₹2300 is sold for ₹2576. What is the profit per cent?
  13. 13.What is the simple interest on ₹8000 at 3% per year for 1 year (in ₹)?
  14. 14.The price of a water bottle changed from ₹25 to ₹15. What is the percentage decrease?
  15. 15.What is 55% of 620?
  16. 16.A cycle costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a fan for ₹350 and sells it for ₹410. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1380. What is the loss (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹1600 and sells it for ₹1520. What is the loss (in ₹)?
  20. 20.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  21. 21.What is 30% of 780?
  22. 22.A sewing machine bought for ₹2700 is sold for ₹3510. What is the profit per cent?
  23. 23.A cooler costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹2580. What is the loss (in ₹)?
  25. 25.The price of a school bag changed from ₹100 to ₹160. What is the percentage increase?
  26. 26.What is 45% of 300?
  27. 27.The price of a cricket ball changed from ₹80 to ₹76. What is the percentage decrease?
  28. 28.A shopkeeper buys a cooler for ₹2150 and sells it for ₹1980. What is the loss (in ₹)?
  29. 29.A mobile phone costs ₹1600. It is sold at a 10% profit. What is the selling price (in ₹)?
  30. 30.What is 25% of 320?
  31. 31.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1430. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2490. What is the profit (in ₹)?
  33. 33.A table bought for ₹3400 is sold for ₹4250. What is the profit per cent?
  34. 34.What is 5% of 360?
  35. 35.A cooler costs ₹1000. It is sold at a 25% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a table for ₹1750 and sells it for ₹1800. What is the profit (in ₹)?
  37. 37.What is 75% of 820?
  38. 38.What is the amount (principal + simple interest) on ₹2800 at 6% per year for 3 years (in ₹)?
  39. 39.A shopkeeper buys a cycle for ₹1100 and sells it for ₹970. What is the loss (in ₹)?
  40. 40.What is 85% of 220?

Answer key

  1. 280
  2. 60
  3. 1430
  4. 720
  5. 464
  6. 5
  7. 110
  8. 5032
  9. 240
  10. 539
  11. 80
  12. 12
  13. 240
  14. 40
  15. 341
  16. 475
  17. 60
  18. 70
  19. 80
  20. 40
  21. 234
  22. 30
  23. 2016
  24. 270
  25. 60
  26. 135
  27. 5
  28. 170
  29. 1760
  30. 80
  31. 130
  32. 290
  33. 25
  34. 18
  35. 1250
  36. 50
  37. 615
  38. 3304
  39. 130
  40. 187

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