← 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 769 · 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 pair of shoes changed from ₹250 to ₹275. What is the percentage increase?
  2. 2.What is 90% of 620?
  3. 3.A cooler bought for ₹1700 is sold for ₹1360. What is the loss per cent?
  4. 4.What is the amount (principal + simple interest) on ₹6600 at 3% per year for 5 years (in ₹)?
  5. 5.What is the simple interest on ₹1600 at 4% per year for 3 years (in ₹)?
  6. 6.A cycle bought for ₹2100 is sold for ₹1050. What is the loss per cent?
  7. 7.A cooler costs ₹3200. It is sold at a 25% loss. What is the selling price (in ₹)?
  8. 8.A watch costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
  9. 9.What is the simple interest on ₹5100 at 9% per year for 2 years (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1980. What is the profit (in ₹)?
  11. 11.The price of a pair of shoes changed from ₹40 to ₹28. What is the percentage decrease?
  12. 12.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1720. What is the profit (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹4800 at 2% per year for 1 year (in ₹)?
  14. 14.What is the simple interest on ₹1200 at 2% per year for 5 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹3900 at 7% per year for 3 years (in ₹)?
  16. 16.A table costs ₹3100. It is sold at a 20% profit. What is the selling price (in ₹)?
  17. 17.What is 30% of 920?
  18. 18.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
  19. 19.What is 75% of 580?
  20. 20.A watch costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
  21. 21.What is 70% of 300?
  22. 22.A mobile phone costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
  23. 23.A watch bought for ₹1800 is sold for ₹1584. What is the loss per cent?
  24. 24.What is the amount (principal + simple interest) on ₹1600 at 8% per year for 5 years (in ₹)?
  25. 25.A table bought for ₹2700 is sold for ₹3024. What is the profit per cent?
  26. 26.The price of a water bottle changed from ₹50 to ₹40. What is the percentage decrease?
  27. 27.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
  28. 28.What is 20% of 100?
  29. 29.What is the amount (principal + simple interest) on ₹7600 at 12% per year for 3 years (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1810. What is the profit (in ₹)?
  31. 31.What is 5% of 320?
  32. 32.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  33. 33.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹3210. What is the profit (in ₹)?
  34. 34.A fan bought for ₹1000 is sold for ₹900. What is the loss per cent?
  35. 35.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
  36. 36.What is 95% of 920?
  37. 37.What is 20% of 160?
  38. 38.A sewing machine costs ₹3100. It is sold at a 15% profit. What is the selling price (in ₹)?
  39. 39.What is the simple interest on ₹4200 at 3% per year for 1 year (in ₹)?
  40. 40.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2750. What is the profit (in ₹)?

Answer key

  1. 10
  2. 558
  3. 20
  4. 7590
  5. 192
  6. 50
  7. 2400
  8. 1140
  9. 918
  10. 80
  11. 30
  12. 70
  13. 4896
  14. 120
  15. 4719
  16. 3720
  17. 276
  18. 25
  19. 435
  20. 2310
  21. 210
  22. 875
  23. 12
  24. 2240
  25. 12
  26. 20
  27. 2
  28. 20
  29. 10336
  30. 260
  31. 16
  32. 60
  33. 260
  34. 10
  35. 80
  36. 874
  37. 32
  38. 3565
  39. 126
  40. 100

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