← 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 889 · 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 5% of 220?
  2. 2.A shopkeeper buys a cycle for ₹400 and sells it for ₹260. What is the loss (in ₹)?
  3. 3.A cricket kit costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
  4. 4.A sewing machine bought for ₹1200 is sold for ₹1320. What is the profit per cent?
  5. 5.A shopkeeper buys a watch for ₹500 and sells it for ₹470. What is the loss (in ₹)?
  6. 6.What is the simple interest on ₹5300 at 12% per year for 4 years (in ₹)?
  7. 7.What is 35% of 300?
  8. 8.A cycle bought for ₹300 is sold for ₹375. What is the profit per cent?
  9. 9.What is 20% of 680?
  10. 10.A mobile phone costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
  11. 11.A table bought for ₹200 is sold for ₹224. What is the profit per cent?
  12. 12.A table bought for ₹2000 is sold for ₹1600. What is the loss per cent?
  13. 13.What is the simple interest on ₹5300 at 11% per year for 2 years (in ₹)?
  14. 14.A fan costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
  15. 15.A sewing machine costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹1400 at 8% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2350. What is the loss (in ₹)?
  18. 18.What is 75% of 700?
  19. 19.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹1970. What is the loss (in ₹)?
  20. 20.The price of a school bag changed from ₹40 to ₹8. What is the percentage decrease?
  21. 21.A watch bought for ₹700 is sold for ₹630. What is the loss per cent?
  22. 22.What is 35% of 800?
  23. 23.A table bought for ₹3100 is sold for ₹2728. What is the loss per cent?
  24. 24.The price of a bus pass changed from ₹200 to ₹360. What is the percentage increase?
  25. 25.A cycle bought for ₹1900 is sold for ₹1425. What is the loss per cent?
  26. 26.What is the amount (principal + simple interest) on ₹1900 at 7% per year for 1 year (in ₹)?
  27. 27.A sewing machine bought for ₹800 is sold for ₹600. What is the loss per cent?
  28. 28.What is 25% of 1000?
  29. 29.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 3 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 3 years (in ₹)?
  31. 31.What is 5% of 800?
  32. 32.The price of a bus pass changed from ₹20 to ₹4. What is the percentage decrease?
  33. 33.What is the amount (principal + simple interest) on ₹8500 at 8% per year for 3 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹6100 at 8% per year for 5 years (in ₹)?
  35. 35.A cooler bought for ₹3800 is sold for ₹2280. What is the loss per cent?
  36. 36.What is 10% of 240?
  37. 37.A cricket kit costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
  38. 38.A cooler costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 1 year (in ₹)?
  40. 40.A cricket kit bought for ₹2800 is sold for ₹3920. What is the profit per cent?

Answer key

  1. 11
  2. 140
  3. 2376
  4. 10
  5. 30
  6. 2544
  7. 105
  8. 25
  9. 136
  10. 690
  11. 12
  12. 20
  13. 1166
  14. 3220
  15. 1200
  16. 1624
  17. 100
  18. 525
  19. 130
  20. 80
  21. 10
  22. 280
  23. 12
  24. 80
  25. 25
  26. 2033
  27. 25
  28. 250
  29. 10976
  30. 6655
  31. 40
  32. 80
  33. 10540
  34. 8540
  35. 40
  36. 24
  37. 3630
  38. 1680
  39. 2080
  40. 40

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