← 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 732 · 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.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
  2. 2.A cooler bought for ₹3100 is sold for ₹3410. What is the profit per cent?
  3. 3.What is 25% of 160?
  4. 4.What is the simple interest on ₹9400 at 2% per year for 2 years (in ₹)?
  5. 5.A watch bought for ₹2800 is sold for ₹3920. What is the profit per cent?
  6. 6.What is the simple interest on ₹4700 at 10% per year for 2 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 1 year (in ₹)?
  8. 8.A fan costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
  9. 9.A watch costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.A watch bought for ₹400 is sold for ₹440. What is the profit per cent?
  11. 11.A shopkeeper buys a watch for ₹600 and sells it for ₹320. What is the loss (in ₹)?
  12. 12.A watch bought for ₹2000 is sold for ₹2800. What is the profit per cent?
  13. 13.A cycle costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  14. 14.A cycle costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
  15. 15.What is 90% of 980?
  16. 16.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
  17. 17.What is the simple interest on ₹4800 at 3% per year for 3 years (in ₹)?
  18. 18.A table costs ₹2400. It is sold at a 10% profit. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹1000 at 7% per year for 4 years (in ₹)?
  20. 20.A cooler costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹1400 at 4% per year for 5 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹9800 at 11% per year for 2 years (in ₹)?
  23. 23.The price of a pair of shoes changed from ₹50 to ₹55. What is the percentage increase?
  24. 24.A shopkeeper buys a cooler for ₹400 and sells it for ₹210. What is the loss (in ₹)?
  25. 25.What is 5% of 720?
  26. 26.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 5 years (in ₹)?
  27. 27.What is 70% of 740?
  28. 28.A cycle bought for ₹2600 is sold for ₹3380. What is the profit per cent?
  29. 29.The price of a school bag changed from ₹100 to ₹75. What is the percentage decrease?
  30. 30.What is 25% of 80?
  31. 31.What is the simple interest on ₹3600 at 8% per year for 2 years (in ₹)?
  32. 32.What is 55% of 780?
  33. 33.What is 20% of 60?
  34. 34.What is 10% of 540?
  35. 35.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹1040. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹4000 at 11% per year for 1 year (in ₹)?
  37. 37.What is 95% of 520?
  38. 38.What is the simple interest on ₹1000 at 10% per year for 5 years (in ₹)?
  39. 39.What is 45% of 980?
  40. 40.A cycle bought for ₹4000 is sold for ₹3200. What is the loss per cent?

Answer key

  1. 75
  2. 10
  3. 40
  4. 376
  5. 40
  6. 940
  7. 5616
  8. 3136
  9. 3250
  10. 10
  11. 280
  12. 40
  13. 1700
  14. 2660
  15. 882
  16. 60
  17. 432
  18. 2640
  19. 280
  20. 690
  21. 280
  22. 11956
  23. 10
  24. 190
  25. 36
  26. 7360
  27. 518
  28. 30
  29. 25
  30. 20
  31. 576
  32. 429
  33. 12
  34. 54
  35. 190
  36. 440
  37. 494
  38. 500
  39. 441
  40. 20

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