← 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 979 · 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 ₹2000. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1270. What is the profit (in ₹)?
  3. 3.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹730. What is the profit (in ₹)?
  4. 4.A cycle costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
  5. 5.What is the simple interest on ₹1900 at 11% per year for 1 year (in ₹)?
  6. 6.A cycle bought for ₹600 is sold for ₹540. What is the loss per cent?
  7. 7.The price of a bus pass changed from ₹40 to ₹52. What is the percentage increase?
  8. 8.What is the simple interest on ₹2100 at 4% per year for 3 years (in ₹)?
  9. 9.A cooler costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
  10. 10.What is the simple interest on ₹1400 at 2% per year for 3 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 2 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 4 years (in ₹)?
  13. 13.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1780. What is the profit (in ₹)?
  14. 14.What is 80% of 380?
  15. 15.A cooler bought for ₹2400 is sold for ₹3120. What is the profit per cent?
  16. 16.What is 30% of 440?
  17. 17.The price of a water bottle changed from ₹500 to ₹300. What is the percentage decrease?
  18. 18.A cycle bought for ₹3500 is sold for ₹3850. What is the profit per cent?
  19. 19.A cricket kit bought for ₹3400 is sold for ₹4420. What is the profit per cent?
  20. 20.A watch bought for ₹3300 is sold for ₹3960. What is the profit per cent?
  21. 21.A cycle bought for ₹900 is sold for ₹1008. What is the profit per cent?
  22. 22.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2230. What is the profit (in ₹)?
  23. 23.The price of a cricket ball changed from ₹200 to ₹198. What is the percentage decrease?
  24. 24.A shopkeeper buys a fan for ₹2600 and sells it for ₹2380. What is the loss (in ₹)?
  25. 25.A fan costs ₹3200. It is sold at a 40% profit. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹6100 at 2% per year for 3 years (in ₹)?
  27. 27.A cycle bought for ₹700 is sold for ₹980. What is the profit per cent?
  28. 28.A fan bought for ₹3900 is sold for ₹5850. What is the profit per cent?
  29. 29.What is the simple interest on ₹7200 at 4% per year for 4 years (in ₹)?
  30. 30.The price of a water bottle changed from ₹250 to ₹350. What is the percentage increase?
  31. 31.A fan bought for ₹1200 is sold for ₹1380. What is the profit per cent?
  32. 32.A watch costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
  33. 33.A table costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹5700 at 7% per year for 1 year (in ₹)?
  35. 35.A shopkeeper buys a cycle for ₹550 and sells it for ₹840. What is the profit (in ₹)?
  36. 36.A table bought for ₹2300 is sold for ₹1955. What is the loss per cent?
  37. 37.What is 60% of 540?
  38. 38.What is the simple interest on ₹1400 at 12% per year for 2 years (in ₹)?
  39. 39.What is 35% of 220?
  40. 40.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?

Answer key

  1. 1800
  2. 70
  3. 80
  4. 3750
  5. 209
  6. 10
  7. 30
  8. 252
  9. 600
  10. 84
  11. 7176
  12. 3240
  13. 80
  14. 304
  15. 30
  16. 132
  17. 40
  18. 10
  19. 30
  20. 20
  21. 12
  22. 30
  23. 1
  24. 220
  25. 4480
  26. 6466
  27. 40
  28. 50
  29. 1152
  30. 40
  31. 15
  32. 960
  33. 2625
  34. 6099
  35. 290
  36. 15
  37. 324
  38. 336
  39. 77
  40. 2

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