← 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 947 · 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 cricket kit bought for ₹1200 is sold for ₹1260. What is the profit per cent?
  2. 2.The price of a pair of shoes changed from ₹250 to ₹245. What is the percentage decrease?
  3. 3.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 4 years (in ₹)?
  4. 4.A table bought for ₹2700 is sold for ₹1350. What is the loss per cent?
  5. 5.What is the amount (principal + simple interest) on ₹4700 at 6% per year for 2 years (in ₹)?
  6. 6.A cricket kit costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
  7. 7.A cooler costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹3900 at 8% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1060. What is the profit (in ₹)?
  10. 10.What is 80% of 820?
  11. 11.A sewing machine costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
  13. 13.What is the simple interest on ₹6300 at 4% per year for 4 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹6800 at 2% per year for 3 years (in ₹)?
  15. 15.A fan costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹2700 at 9% per year for 3 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹2000 at 9% per year for 2 years (in ₹)?
  18. 18.A table bought for ₹3300 is sold for ₹3960. What is the profit per cent?
  19. 19.A cycle bought for ₹2600 is sold for ₹2080. What is the loss per cent?
  20. 20.What is 85% of 220?
  21. 21.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2820. What is the profit (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹1100 at 3% per year for 4 years (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹2250 and sells it for ₹2450. What is the profit (in ₹)?
  24. 24.A mobile phone bought for ₹3700 is sold for ₹3885. What is the profit per cent?
  25. 25.A fan bought for ₹3800 is sold for ₹4750. What is the profit per cent?
  26. 26.A shopkeeper buys a table for ₹1750 and sells it for ₹1560. What is the loss (in ₹)?
  27. 27.A shopkeeper buys a cycle for ₹750 and sells it for ₹790. What is the profit (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3070. What is the profit (in ₹)?
  29. 29.The price of a school bag changed from ₹200 to ₹180. What is the percentage decrease?
  30. 30.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 3 years (in ₹)?
  31. 31.A mobile phone bought for ₹500 is sold for ₹650. What is the profit per cent?
  32. 32.The price of a cricket ball changed from ₹400 to ₹408. What is the percentage increase?
  33. 33.A cycle bought for ₹4000 is sold for ₹3000. What is the loss per cent?
  34. 34.What is the simple interest on ₹9400 at 4% per year for 4 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 5 years (in ₹)?
  36. 36.What is the simple interest on ₹1100 at 12% per year for 3 years (in ₹)?
  37. 37.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2810. What is the profit (in ₹)?
  38. 38.A mobile phone costs ₹2400. It is sold at a 20% loss. What is the selling price (in ₹)?
  39. 39.A mobile phone bought for ₹1900 is sold for ₹950. What is the loss per cent?
  40. 40.What is 15% of 820?

Answer key

  1. 5
  2. 2
  3. 9184
  4. 50
  5. 5264
  6. 1400
  7. 792
  8. 936
  9. 60
  10. 656
  11. 540
  12. 60
  13. 1008
  14. 7208
  15. 1144
  16. 729
  17. 2360
  18. 20
  19. 20
  20. 187
  21. 270
  22. 1232
  23. 200
  24. 5
  25. 25
  26. 190
  27. 40
  28. 170
  29. 10
  30. 3584
  31. 30
  32. 2
  33. 25
  34. 1504
  35. 7935
  36. 396
  37. 10
  38. 1920
  39. 50
  40. 123

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