← 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 742 · 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 90% of 860?
  2. 2.A cycle bought for ₹3600 is sold for ₹5400. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹1900 at 7% per year for 2 years (in ₹)?
  4. 4.A table costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
  5. 5.A watch bought for ₹1000 is sold for ₹880. What is the loss per cent?
  6. 6.What is the simple interest on ₹7600 at 10% per year for 4 years (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹430. What is the loss (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 3 years (in ₹)?
  9. 9.What is the simple interest on ₹7300 at 3% per year for 1 year (in ₹)?
  10. 10.What is 25% of 240?
  11. 11.What is the amount (principal + simple interest) on ₹4200 at 9% per year for 4 years (in ₹)?
  12. 12.What is the simple interest on ₹7400 at 12% per year for 4 years (in ₹)?
  13. 13.A table costs ₹2600. It is sold at a 25% loss. What is the selling price (in ₹)?
  14. 14.What is 20% of 900?
  15. 15.What is the simple interest on ₹2500 at 8% per year for 5 years (in ₹)?
  16. 16.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1980. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹800 and sells it for ₹540. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹4100 at 4% per year for 5 years (in ₹)?
  19. 19.What is the simple interest on ₹7100 at 4% per year for 2 years (in ₹)?
  20. 20.What is 75% of 120?
  21. 21.What is 95% of 900?
  22. 22.A mobile phone costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹8500 at 2% per year for 4 years (in ₹)?
  24. 24.A shopkeeper buys a fan for ₹2950 and sells it for ₹2710. 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.A table bought for ₹1900 is sold for ₹2470. What is the profit per cent?
  27. 27.What is the simple interest on ₹5200 at 5% per year for 5 years (in ₹)?
  28. 28.What is 40% of 560?
  29. 29.What is the amount (principal + simple interest) on ₹9400 at 11% per year for 3 years (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹50 to ₹75. What is the percentage increase?
  31. 31.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 5 years (in ₹)?
  32. 32.What is 75% of 960?
  33. 33.What is the amount (principal + simple interest) on ₹6600 at 3% per year for 1 year (in ₹)?
  34. 34.What is 15% of 100?
  35. 35.What is the simple interest on ₹6100 at 5% per year for 5 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3900 at 5% per year for 1 year (in ₹)?
  37. 37.What is the simple interest on ₹6500 at 12% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2920. What is the profit (in ₹)?
  39. 39.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2400. What is the profit (in ₹)?
  40. 40.What is 45% of 880?

Answer key

  1. 774
  2. 50
  3. 2166
  4. 1105
  5. 12
  6. 3040
  7. 220
  8. 2660
  9. 219
  10. 60
  11. 5712
  12. 3552
  13. 1950
  14. 180
  15. 1000
  16. 130
  17. 260
  18. 4920
  19. 568
  20. 90
  21. 855
  22. 2160
  23. 9180
  24. 240
  25. 60
  26. 30
  27. 1300
  28. 224
  29. 12502
  30. 50
  31. 7475
  32. 720
  33. 6798
  34. 15
  35. 1525
  36. 4095
  37. 3120
  38. 220
  39. 250
  40. 396

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