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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 263 · 40 questions
TalentJR

How to solve it (Always out of the cost): p% of N = N × p ÷ 100. Profit = selling price − cost price; profit % = profit ÷ cost price × 100 (loss works the same way). Discount = p% of the marked price; selling price = marked price − discount.

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  1. 1.What is 20% of 120? (a) 240 (b) 48 (c) 24 (d) 96
  2. 2.A bag marked ₹320 is sold at a 50% discount. What is its selling price? (a) ₹160 (b) ₹161 (c) ₹270 (d) ₹480
  3. 3.A shopkeeper buys a toy for ₹180 and sells it for ₹207. What is his profit percent? (a) 15% (b) 20% (c) 10% (d) 27%
  4. 4.A shopkeeper buys a toy for ₹720 and sells it for ₹432. What is his loss percent? (a) 41% (b) 40% (c) 45% (d) 35%
  5. 5.A shopkeeper buys a toy for ₹220 and sells it for ₹275. What is his profit percent? (a) 55% (b) 25% (c) 30% (d) 20%
  6. 6.A shopkeeper buys a toy for ₹620 and sells it for ₹744. What is his profit percent? (a) 15% (b) 20% (c) 21% (d) 25%
  7. 7.What is 20% of 700? (a) 280 (b) 560 (c) 1400 (d) 140
  8. 8.A shopkeeper buys a toy for ₹800 and sells it for ₹600. What is his loss percent? (a) 30% (b) 25% (c) 26% (d) 20%
  9. 9.A bag marked ₹1340 is sold at a 30% discount. What is its selling price? (a) ₹402 (b) ₹938 (c) ₹1742 (d) ₹1310
  10. 10.What is 5% of 120? (a) 12 (b) 60 (c) 114 (d) 6
  11. 11.A shopkeeper buys a toy for ₹120 and sells it for ₹144. What is his profit percent? (a) 24% (b) 20% (c) 25% (d) 15%
  12. 12.A shopkeeper buys a toy for ₹480 and sells it for ₹456. What is his loss percent? (a) 5% (b) 24% (c) 6% (d) 10%
  13. 13.A shopkeeper buys a toy for ₹400 and sells it for ₹520. What is his profit percent? (a) 31% (b) 30% (c) 35% (d) 25%
  14. 14.A shopkeeper buys a toy for ₹480 and sells it for ₹528. What is his profit percent? (a) 48% (b) 5% (c) 10% (d) 15%
  15. 15.A bag marked ₹1400 is sold at a 40% discount. What is its selling price? (a) ₹560 (b) ₹1960 (c) ₹840 (d) ₹1360
  16. 16.A bag marked ₹1120 is sold at a 40% discount. What is its selling price? (a) ₹1568 (b) ₹448 (c) ₹672 (d) ₹1080
  17. 17.A shopkeeper buys a toy for ₹240 and sells it for ₹360. What is his profit percent? (a) 50% (b) 45% (c) 51% (d) 55%
  18. 18.What is 15% of 320? (a) 48 (b) 272 (c) 96 (d) 480
  19. 19.A shopkeeper buys a toy for ₹980 and sells it for ₹1225. What is his profit percent? (a) 30% (b) 20% (c) 25% (d) 26%
  20. 20.A shopkeeper buys a toy for ₹980 and sells it for ₹931. What is his loss percent? (a) 6% (b) 10% (c) 49% (d) 5%
  21. 21.What is 5% of 340? (a) 170 (b) 323 (c) 17 (d) 34
  22. 22.A bag marked ₹900 is sold at a 40% discount. What is its selling price? (a) ₹360 (b) ₹1260 (c) ₹860 (d) ₹540
  23. 23.A bag marked ₹460 is sold at a 25% discount. What is its selling price? (a) ₹575 (b) ₹345 (c) ₹115 (d) ₹435
  24. 24.What is 40% of 660? (a) 528 (b) 264 (c) 396 (d) 2640
  25. 25.What is 75% of 220? (a) 330 (b) 165 (c) 55 (d) 1650
  26. 26.A shopkeeper buys a toy for ₹560 and sells it for ₹672. What is his profit percent? (a) 25% (b) 20% (c) 21% (d) 15%
  27. 27.A shopkeeper buys a toy for ₹820 and sells it for ₹943. What is his profit percent? (a) 10% (b) 15% (c) 16% (d) 20%
  28. 28.What is 15% of 540? (a) 459 (b) 81 (c) 162 (d) 810
  29. 29.A shopkeeper buys a toy for ₹220 and sells it for ₹176. What is his loss percent? (a) 15% (b) 25% (c) 20% (d) 44%
  30. 30.What is 50% of 800? (a) 4000 (b) 401 (c) 400 (d) 800
  31. 31.A bag marked ₹640 is sold at a 50% discount. What is its selling price? (a) ₹320 (b) ₹590 (c) ₹960 (d) ₹321
  32. 32.A shopkeeper buys a toy for ₹860 and sells it for ₹774. What is his loss percent? (a) 15% (b) 86% (c) 10% (d) 5%
  33. 33.A bag marked ₹1300 is sold at a 40% discount. What is its selling price? (a) ₹1260 (b) ₹1820 (c) ₹780 (d) ₹520
  34. 34.What is 25% of 360? (a) 180 (b) 900 (c) 90 (d) 270
  35. 35.A shopkeeper buys a toy for ₹220 and sells it for ₹242. What is his profit percent? (a) 15% (b) 22% (c) 10% (d) 5%
  36. 36.A shopkeeper buys a toy for ₹140 and sells it for ₹98. What is his loss percent? (a) 30% (b) 35% (c) 25% (d) 42%
  37. 37.A bag marked ₹500 is sold at a 10% discount. What is its selling price? (a) ₹50 (b) ₹550 (c) ₹450 (d) ₹490
  38. 38.A shopkeeper buys a toy for ₹500 and sells it for ₹475. What is his loss percent? (a) 10% (b) 5% (c) 6% (d) 25%
  39. 39.A bag marked ₹1980 is sold at a 50% discount. What is its selling price? (a) ₹1930 (b) ₹2970 (c) ₹991 (d) ₹990
  40. 40.A shopkeeper buys a toy for ₹940 and sells it for ₹658. What is his loss percent? (a) 25% (b) 30% (c) 35% (d) 31%

Answer key

  1. 24
  2. ₹160
  3. 15%
  4. 40%
  5. 25%
  6. 20%
  7. 140
  8. 25%
  9. ₹938
  10. 6
  11. 20%
  12. 5%
  13. 30%
  14. 10%
  15. ₹840
  16. ₹672
  17. 50%
  18. 48
  19. 25%
  20. 5%
  21. 17
  22. ₹540
  23. ₹345
  24. 264
  25. 165
  26. 20%
  27. 15%
  28. 81
  29. 20%
  30. 400
  31. ₹320
  32. 10%
  33. ₹780
  34. 90
  35. 10%
  36. 30%
  37. ₹450
  38. 5%
  39. ₹990
  40. 30%

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