← 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 98 · 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 75% of 760?
  2. 2.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹1960. What is the profit (in ₹)?
  3. 3.What is 5% of 620?
  4. 4.What is 30% of 320?
  5. 5.What is 30% of 100?
  6. 6.A shopkeeper buys a fan for ₹2450 and sells it for ₹2750. What is the profit (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹700 at 5% per year for 3 years (in ₹)?
  8. 8.A shopkeeper buys a table for ₹600 and sells it for ₹890. What is the profit (in ₹)?
  9. 9.A watch costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
  10. 10.What is 55% of 60?
  11. 11.What is the simple interest on ₹1500 at 11% per year for 5 years (in ₹)?
  12. 12.What is 40% of 780?
  13. 13.A cooler bought for ₹1000 is sold for ₹600. What is the loss per cent?
  14. 14.The price of a pair of shoes changed from ₹200 to ₹198. What is the percentage decrease?
  15. 15.A shopkeeper buys a table for ₹1550 and sells it for ₹1670. What is the profit (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹4700 at 7% per year for 5 years (in ₹)?
  17. 17.A cricket kit bought for ₹600 is sold for ₹780. What is the profit per cent?
  18. 18.What is 95% of 880?
  19. 19.The price of a pair of shoes changed from ₹20 to ₹25. What is the percentage increase?
  20. 20.A cricket kit costs ₹1800. It is sold at a 15% loss. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 2 years (in ₹)?
  22. 22.A fan bought for ₹1400 is sold for ₹1120. What is the loss per cent?
  23. 23.A mobile phone costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹220. What is the loss (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹20 to ₹28. What is the percentage increase?
  26. 26.What is the simple interest on ₹3000 at 7% per year for 4 years (in ₹)?
  27. 27.A sewing machine costs ₹3700. It is sold at a 5% profit. What is the selling price (in ₹)?
  28. 28.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
  29. 29.What is 60% of 360?
  30. 30.What is the amount (principal + simple interest) on ₹4700 at 10% per year for 5 years (in ₹)?
  31. 31.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹6000 at 11% per year for 3 years (in ₹)?
  33. 33.A cricket kit bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  34. 34.A sewing machine costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
  35. 35.What is 40% of 100?
  36. 36.What is 25% of 840?
  37. 37.What is 5% of 200?
  38. 38.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2030. What is the loss (in ₹)?
  39. 39.What is 95% of 420?
  40. 40.What is the amount (principal + simple interest) on ₹7700 at 8% per year for 1 year (in ₹)?

Answer key

  1. 570
  2. 160
  3. 31
  4. 96
  5. 30
  6. 300
  7. 805
  8. 290
  9. 4050
  10. 33
  11. 825
  12. 312
  13. 40
  14. 1
  15. 120
  16. 6345
  17. 30
  18. 836
  19. 25
  20. 1530
  21. 1200
  22. 20
  23. 735
  24. 30
  25. 40
  26. 840
  27. 3885
  28. 40
  29. 216
  30. 7050
  31. 40
  32. 7980
  33. 10
  34. 690
  35. 40
  36. 210
  37. 10
  38. 20
  39. 399
  40. 8316

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