← 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 844 · 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 85% of 500?
  2. 2.A mobile phone bought for ₹3000 is sold for ₹1800. What is the loss per cent?
  3. 3.The price of a box of mangoes changed from ₹250 to ₹225. What is the percentage decrease?
  4. 4.The price of a bus pass changed from ₹500 to ₹125. What is the percentage decrease?
  5. 5.The price of a bus pass changed from ₹500 to ₹400. What is the percentage decrease?
  6. 6.A cricket kit costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a fan for ₹1500 and sells it for ₹1770. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹9700 at 5% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1810. What is the loss (in ₹)?
  10. 10.What is the simple interest on ₹2600 at 2% per year for 5 years (in ₹)?
  11. 11.What is the simple interest on ₹6800 at 3% per year for 4 years (in ₹)?
  12. 12.The price of a cricket ball changed from ₹80 to ₹100. What is the percentage increase?
  13. 13.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 1 year (in ₹)?
  14. 14.What is the simple interest on ₹8100 at 6% per year for 1 year (in ₹)?
  15. 15.A shopkeeper buys a watch for ₹2650 and sells it for ₹2850. What is the profit (in ₹)?
  16. 16.What is 25% of 820?
  17. 17.What is 15% of 280?
  18. 18.A cycle costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹80 to ₹140. What is the percentage increase?
  20. 20.A table costs ₹2700. It is sold at a 40% loss. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹7100 at 7% per year for 1 year (in ₹)?
  22. 22.A cricket kit bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  23. 23.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1600. What is the profit (in ₹)?
  24. 24.A mobile phone costs ₹2200. It is sold at a 50% profit. What is the selling price (in ₹)?
  25. 25.A cycle costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
  26. 26.What is 35% of 760?
  27. 27.A cycle bought for ₹3000 is sold for ₹3360. What is the profit per cent?
  28. 28.What is 25% of 160?
  29. 29.A cooler bought for ₹2900 is sold for ₹3190. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹8100 at 6% per year for 4 years (in ₹)?
  31. 31.A cycle costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹400 and sells it for ₹160. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 5 years (in ₹)?
  34. 34.A sewing machine costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹3050. What is the profit (in ₹)?
  36. 36.The price of a water bottle changed from ₹200 to ₹196. What is the percentage decrease?
  37. 37.A mobile phone bought for ₹200 is sold for ₹100. What is the loss per cent?
  38. 38.A mobile phone bought for ₹200 is sold for ₹210. What is the profit per cent?
  39. 39.A watch bought for ₹3800 is sold for ₹2280. What is the loss per cent?
  40. 40.What is the simple interest on ₹7200 at 11% per year for 2 years (in ₹)?

Answer key

  1. 425
  2. 40
  3. 10
  4. 75
  5. 20
  6. 990
  7. 270
  8. 11155
  9. 90
  10. 260
  11. 816
  12. 25
  13. 1236
  14. 486
  15. 200
  16. 205
  17. 42
  18. 1450
  19. 75
  20. 1620
  21. 7597
  22. 40
  23. 300
  24. 3300
  25. 4080
  26. 266
  27. 12
  28. 40
  29. 10
  30. 10044
  31. 1904
  32. 240
  33. 10560
  34. 1936
  35. 150
  36. 2
  37. 50
  38. 5
  39. 40
  40. 1584

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