← 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 838 · 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 sewing machine costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.A mobile phone costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
  3. 3.What is 25% of 460?
  4. 4.What is 40% of 700?
  5. 5.What is the simple interest on ₹8600 at 2% per year for 1 year (in ₹)?
  6. 6.A watch costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹90. What is the loss (in ₹)?
  8. 8.A mobile phone bought for ₹900 is sold for ₹1350. What is the profit per cent?
  9. 9.What is 65% of 340?
  10. 10.What is the simple interest on ₹8300 at 8% per year for 2 years (in ₹)?
  11. 11.A fan costs ₹2200. It is sold at a 50% profit. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹2800 at 3% per year for 1 year (in ₹)?
  13. 13.A fan bought for ₹4000 is sold for ₹3600. What is the loss per cent?
  14. 14.What is 85% of 960?
  15. 15.What is the amount (principal + simple interest) on ₹7800 at 5% per year for 4 years (in ₹)?
  16. 16.The price of a bus pass changed from ₹500 to ₹600. What is the percentage increase?
  17. 17.A cycle costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
  18. 18.A mobile phone bought for ₹3500 is sold for ₹3850. What is the profit per cent?
  19. 19.A cycle bought for ₹3800 is sold for ₹4560. What is the profit per cent?
  20. 20.What is 5% of 180?
  21. 21.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 3 years (in ₹)?
  22. 22.What is the simple interest on ₹1200 at 4% per year for 3 years (in ₹)?
  23. 23.A cricket kit costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
  24. 24.The price of a box of mangoes changed from ₹200 to ₹260. What is the percentage increase?
  25. 25.A cycle bought for ₹2000 is sold for ₹2300. What is the profit per cent?
  26. 26.A shopkeeper buys a table for ₹1750 and sells it for ₹1650. What is the loss (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 4 years (in ₹)?
  28. 28.A mobile phone bought for ₹3800 is sold for ₹3230. What is the loss per cent?
  29. 29.What is the amount (principal + simple interest) on ₹5600 at 3% per year for 2 years (in ₹)?
  30. 30.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2250. What is the profit (in ₹)?
  31. 31.What is 75% of 240?
  32. 32.A table costs ₹2300. It is sold at a 50% loss. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a fan for ₹1550 and sells it for ₹1700. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹1180. What is the profit (in ₹)?
  35. 35.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹970. What is the loss (in ₹)?
  36. 36.What is the simple interest on ₹3100 at 8% per year for 1 year (in ₹)?
  37. 37.What is 75% of 40?
  38. 38.What is the simple interest on ₹3000 at 9% per year for 2 years (in ₹)?
  39. 39.The price of a cricket ball changed from ₹40 to ₹48. What is the percentage increase?
  40. 40.A cooler bought for ₹1900 is sold for ₹1995. What is the profit per cent?

Answer key

  1. 2816
  2. 1520
  3. 115
  4. 280
  5. 172
  6. 1080
  7. 260
  8. 50
  9. 221
  10. 1328
  11. 3300
  12. 84
  13. 10
  14. 816
  15. 9360
  16. 20
  17. 3375
  18. 10
  19. 20
  20. 9
  21. 3325
  22. 144
  23. 2090
  24. 30
  25. 15
  26. 100
  27. 5916
  28. 15
  29. 5936
  30. 100
  31. 180
  32. 1150
  33. 150
  34. 280
  35. 130
  36. 248
  37. 30
  38. 540
  39. 20
  40. 5

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