← 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 958 · 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 fan costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
  2. 2.A mobile phone costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
  3. 3.The price of a box of mangoes changed from ₹50 to ₹45. What is the percentage decrease?
  4. 4.What is 75% of 740?
  5. 5.The price of a box of mangoes changed from ₹400 to ₹408. What is the percentage increase?
  6. 6.A mobile phone bought for ₹2900 is sold for ₹2755. What is the loss per cent?
  7. 7.A shopkeeper buys a fan for ₹2750 and sells it for ₹2700. What is the loss (in ₹)?
  8. 8.A cycle bought for ₹3600 is sold for ₹2700. What is the loss per cent?
  9. 9.What is 90% of 220?
  10. 10.The price of a school bag changed from ₹200 to ₹204. What is the percentage increase?
  11. 11.A cycle costs ₹900. It is sold at a 25% profit. What is the selling price (in ₹)?
  12. 12.A watch bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  13. 13.A cricket kit costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1360. What is the profit (in ₹)?
  15. 15.A mobile phone costs ₹3400. It is sold at a 12% profit. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a table for ₹900 and sells it for ₹880. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹9100 at 2% per year for 3 years (in ₹)?
  18. 18.A watch costs ₹2100. It is sold at a 15% profit. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹1350 and sells it for ₹1310. What is the loss (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹600 at 9% per year for 5 years (in ₹)?
  21. 21.What is 20% of 260?
  22. 22.A shopkeeper buys a cycle for ₹1700 and sells it for ₹1450. What is the loss (in ₹)?
  23. 23.What is 75% of 800?
  24. 24.What is the amount (principal + simple interest) on ₹2500 at 4% per year for 5 years (in ₹)?
  25. 25.What is the simple interest on ₹3700 at 2% per year for 1 year (in ₹)?
  26. 26.What is the simple interest on ₹1400 at 6% per year for 5 years (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹20 to ₹24. What is the percentage increase?
  28. 28.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹690. What is the profit (in ₹)?
  29. 29.What is 75% of 280?
  30. 30.What is the amount (principal + simple interest) on ₹5400 at 5% per year for 2 years (in ₹)?
  31. 31.What is 75% of 840?
  32. 32.A cricket kit costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.What is 20% of 420?
  34. 34.What is the amount (principal + simple interest) on ₹7900 at 9% per year for 4 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 1 year (in ₹)?
  36. 36.The price of a water bottle changed from ₹500 to ₹625. What is the percentage increase?
  37. 37.What is the simple interest on ₹7300 at 6% per year for 1 year (in ₹)?
  38. 38.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2120. What is the profit (in ₹)?
  39. 39.A cooler costs ₹3100. It is sold at a 30% loss. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹2950 and sells it for ₹3170. What is the profit (in ₹)?

Answer key

  1. 336
  2. 4290
  3. 10
  4. 555
  5. 2
  6. 5
  7. 50
  8. 25
  9. 198
  10. 2
  11. 1125
  12. 10
  13. 3920
  14. 60
  15. 3808
  16. 20
  17. 9646
  18. 2415
  19. 40
  20. 870
  21. 52
  22. 250
  23. 600
  24. 3000
  25. 74
  26. 420
  27. 20
  28. 240
  29. 210
  30. 5940
  31. 630
  32. 1350
  33. 84
  34. 10744
  35. 2808
  36. 25
  37. 438
  38. 220
  39. 2170
  40. 220

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