← 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 81 · 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 cricket kit for ₹1450 and sells it for ₹1410. What is the loss (in ₹)?
  2. 2.A fan bought for ₹3900 is sold for ₹4290. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹9300 at 5% per year for 5 years (in ₹)?
  4. 4.What is 75% of 940?
  5. 5.A table bought for ₹400 is sold for ₹480. What is the profit per cent?
  6. 6.What is 90% of 780?
  7. 7.What is the simple interest on ₹2800 at 11% per year for 2 years (in ₹)?
  8. 8.The price of a cricket ball changed from ₹200 to ₹350. What is the percentage increase?
  9. 9.The price of a water bottle changed from ₹200 to ₹50. What is the percentage decrease?
  10. 10.What is the simple interest on ₹4400 at 11% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2540. What is the loss (in ₹)?
  12. 12.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  13. 13.What is 65% of 300?
  14. 14.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹420. What is the loss (in ₹)?
  15. 15.A shopkeeper buys a fan for ₹2750 and sells it for ₹2510. What is the loss (in ₹)?
  16. 16.A fan costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
  17. 17.A cycle bought for ₹2600 is sold for ₹2860. What is the profit per cent?
  18. 18.What is 90% of 620?
  19. 19.The price of a bus pass changed from ₹20 to ₹25. What is the percentage increase?
  20. 20.The price of a box of mangoes changed from ₹20 to ₹24. What is the percentage increase?
  21. 21.A mobile phone costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2020. What is the loss (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2600 at 5% per year for 2 years (in ₹)?
  24. 24.What is 75% of 720?
  25. 25.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  26. 26.What is the amount (principal + simple interest) on ₹1400 at 3% per year for 5 years (in ₹)?
  27. 27.What is 70% of 940?
  28. 28.What is the amount (principal + simple interest) on ₹4800 at 11% per year for 2 years (in ₹)?
  29. 29.What is 85% of 520?
  30. 30.What is 60% of 640?
  31. 31.What is the simple interest on ₹8000 at 12% per year for 3 years (in ₹)?
  32. 32.A cricket kit costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
  33. 33.The price of a school bag changed from ₹80 to ₹100. What is the percentage increase?
  34. 34.What is 75% of 580?
  35. 35.What is 20% of 360?
  36. 36.A cooler costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a table for ₹750 and sells it for ₹640. What is the loss (in ₹)?
  38. 38.What is 55% of 100?
  39. 39.A cricket kit bought for ₹1300 is sold for ₹1690. What is the profit per cent?
  40. 40.A shopkeeper buys a cooler for ₹1000 and sells it for ₹820. What is the loss (in ₹)?

Answer key

  1. 40
  2. 10
  3. 11625
  4. 705
  5. 20
  6. 702
  7. 616
  8. 75
  9. 75
  10. 484
  11. 10
  12. 20
  13. 195
  14. 80
  15. 240
  16. 2240
  17. 10
  18. 558
  19. 25
  20. 20
  21. 3640
  22. 80
  23. 2860
  24. 540
  25. 60
  26. 1610
  27. 658
  28. 5856
  29. 442
  30. 384
  31. 2880
  32. 1120
  33. 25
  34. 435
  35. 72
  36. 1750
  37. 110
  38. 55
  39. 30
  40. 180

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