← 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 76 · 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 40% of 240?
  2. 2.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹160. What is the loss (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 4 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹2200 at 2% per year for 4 years (in ₹)?
  5. 5.What is 70% of 180?
  6. 6.What is the simple interest on ₹5600 at 2% per year for 3 years (in ₹)?
  7. 7.What is the simple interest on ₹7000 at 2% per year for 1 year (in ₹)?
  8. 8.A mobile phone costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
  9. 9.A sewing machine bought for ₹2200 is sold for ₹2860. What is the profit per cent?
  10. 10.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 3 years (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹1400 and sells it for ₹1280. What is the loss (in ₹)?
  12. 12.What is the simple interest on ₹6900 at 4% per year for 2 years (in ₹)?
  13. 13.A fan costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
  14. 14.A cooler bought for ₹3600 is sold for ₹3060. What is the loss per cent?
  15. 15.A cooler bought for ₹2500 is sold for ₹2250. What is the loss per cent?
  16. 16.What is 55% of 280?
  17. 17.What is 55% of 760?
  18. 18.The price of a cricket ball changed from ₹80 to ₹32. What is the percentage decrease?
  19. 19.A watch costs ₹2400. It is sold at a 10% profit. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹6900 at 11% per year for 3 years (in ₹)?
  21. 21.A shopkeeper buys a fan for ₹2600 and sells it for ₹2710. What is the profit (in ₹)?
  22. 22.A cycle costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
  23. 23.A fan bought for ₹1500 is sold for ₹1350. What is the loss per cent?
  24. 24.A cricket kit bought for ₹2400 is sold for ₹1920. What is the loss per cent?
  25. 25.The price of a school bag changed from ₹40 to ₹10. What is the percentage decrease?
  26. 26.What is the amount (principal + simple interest) on ₹1500 at 10% per year for 3 years (in ₹)?
  27. 27.A fan costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹2700 at 6% per year for 5 years (in ₹)?
  29. 29.A cycle costs ₹1200. It is sold at a 20% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a table for ₹300 and sells it for ₹60. What is the loss (in ₹)?
  31. 31.What is 45% of 1000?
  32. 32.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 3 years (in ₹)?
  33. 33.A mobile phone costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  34. 34.The price of a water bottle changed from ₹50 to ₹90. What is the percentage increase?
  35. 35.The price of a pair of shoes changed from ₹250 to ₹225. What is the percentage decrease?
  36. 36.A cycle costs ₹3900. It is sold at a 30% loss. What is the selling price (in ₹)?
  37. 37.A watch costs ₹3200. It is sold at a 12% profit. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹5000 at 6% per year for 4 years (in ₹)?
  39. 39.What is 15% of 940?
  40. 40.A mobile phone costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?

Answer key

  1. 96
  2. 140
  3. 1080
  4. 2376
  5. 126
  6. 336
  7. 140
  8. 4485
  9. 30
  10. 4928
  11. 120
  12. 552
  13. 540
  14. 15
  15. 10
  16. 154
  17. 418
  18. 60
  19. 2640
  20. 2277
  21. 110
  22. 550
  23. 10
  24. 20
  25. 75
  26. 1950
  27. 360
  28. 3510
  29. 960
  30. 240
  31. 450
  32. 9483
  33. 440
  34. 80
  35. 10
  36. 2730
  37. 3584
  38. 1200
  39. 141
  40. 1540

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