← 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 927 · 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 the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
  2. 2.A sewing machine costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 1 year (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹1550 and sells it for ₹1450. What is the loss (in ₹)?
  5. 5.What is 80% of 420?
  6. 6.A mobile phone bought for ₹2400 is sold for ₹3000. What is the profit per cent?
  7. 7.What is the simple interest on ₹8600 at 4% per year for 4 years (in ₹)?
  8. 8.What is 80% of 180?
  9. 9.A cooler bought for ₹400 is sold for ₹240. What is the loss per cent?
  10. 10.What is the amount (principal + simple interest) on ₹3900 at 4% per year for 5 years (in ₹)?
  11. 11.What is the simple interest on ₹7600 at 2% per year for 1 year (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 1 year (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹2100 at 6% per year for 3 years (in ₹)?
  14. 14.A cricket kit bought for ₹800 is sold for ₹840. What is the profit per cent?
  15. 15.What is the simple interest on ₹600 at 4% per year for 5 years (in ₹)?
  16. 16.A cycle costs ₹3800. It is sold at a 10% loss. What is the selling price (in ₹)?
  17. 17.A cricket kit costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
  18. 18.The price of a box of mangoes changed from ₹200 to ₹250. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹5500 at 4% per year for 1 year (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹500 to ₹490. What is the percentage decrease?
  21. 21.A cricket kit bought for ₹700 is sold for ₹595. What is the loss per cent?
  22. 22.A fan bought for ₹1200 is sold for ₹1260. What is the profit per cent?
  23. 23.The price of a cricket ball changed from ₹200 to ₹240. What is the percentage increase?
  24. 24.What is 45% of 500?
  25. 25.What is the amount (principal + simple interest) on ₹900 at 12% per year for 3 years (in ₹)?
  26. 26.The price of a pair of shoes changed from ₹200 to ₹40. What is the percentage decrease?
  27. 27.The price of a water bottle changed from ₹50 to ₹20. What is the percentage decrease?
  28. 28.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 4 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6700 at 12% per year for 3 years (in ₹)?
  30. 30.What is 15% of 180?
  31. 31.The price of a school bag changed from ₹40 to ₹24. What is the percentage decrease?
  32. 32.A sewing machine costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
  33. 33.A cricket kit costs ₹3100. It is sold at a 20% profit. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹8300 at 11% per year for 4 years (in ₹)?
  35. 35.What is the simple interest on ₹7400 at 12% per year for 3 years (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹1400 and sells it for ₹1590. What is the profit (in ₹)?
  37. 37.What is the simple interest on ₹6100 at 2% per year for 5 years (in ₹)?
  38. 38.A cricket kit costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.What is 35% of 480?
  40. 40.What is 25% of 720?

Answer key

  1. 800
  2. 3450
  3. 6360
  4. 100
  5. 336
  6. 25
  7. 1376
  8. 144
  9. 40
  10. 4680
  11. 152
  12. 5665
  13. 2478
  14. 5
  15. 120
  16. 3420
  17. 3740
  18. 25
  19. 5720
  20. 2
  21. 15
  22. 5
  23. 20
  24. 225
  25. 1224
  26. 80
  27. 60
  28. 7440
  29. 9112
  30. 27
  31. 40
  32. 760
  33. 3720
  34. 3652
  35. 2664
  36. 190
  37. 610
  38. 2310
  39. 168
  40. 180

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