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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 297 · 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.

NameDateTime takenScore ___ / 40
  1. 1.A bag marked ₹800 is sold at a 30% discount. What is its selling price? (a) ₹770 (b) ₹560 (c) ₹1040 (d) ₹240
  2. 2.A shopkeeper buys a toy for ₹120 and sells it for ₹150. What is his profit percent? (a) 20% (b) 26% (c) 25% (d) 30%
  3. 3.A shopkeeper buys a toy for ₹540 and sells it for ₹513. What is his loss percent? (a) 10% (b) 6% (c) 27% (d) 5%
  4. 4.What is 25% of 220? (a) 165 (b) 110 (c) 550 (d) 55
  5. 5.A bag marked ₹320 is sold at a 15% discount. What is its selling price? (a) ₹48 (b) ₹368 (c) ₹272 (d) ₹305
  6. 6.A bag marked ₹1240 is sold at a 25% discount. What is its selling price? (a) ₹1215 (b) ₹310 (c) ₹1550 (d) ₹930
  7. 7.What is 20% of 400? (a) 80 (b) 320 (c) 800 (d) 160
  8. 8.What is 20% of 520? (a) 1040 (b) 416 (c) 208 (d) 104
  9. 9.A shopkeeper buys a toy for ₹940 and sells it for ₹1175. What is his profit percent? (a) 25% (b) 20% (c) 30% (d) 26%
  10. 10.A shopkeeper buys a toy for ₹180 and sells it for ₹162. What is his loss percent? (a) 18% (b) 10% (c) 5% (d) 15%
  11. 11.What is 50% of 300? (a) 300 (b) 151 (c) 1500 (d) 150
  12. 12.A bag marked ₹1080 is sold at a 40% discount. What is its selling price? (a) ₹1512 (b) ₹432 (c) ₹648 (d) ₹1040
  13. 13.A shopkeeper buys a toy for ₹120 and sells it for ₹168. What is his profit percent? (a) 48% (b) 35% (c) 45% (d) 40%
  14. 14.A shopkeeper buys a toy for ₹900 and sells it for ₹675. What is his loss percent? (a) 20% (b) 25% (c) 30% (d) 26%
  15. 15.A bag marked ₹1700 is sold at a 30% discount. What is its selling price? (a) ₹510 (b) ₹1670 (c) ₹1190 (d) ₹2210
  16. 16.A bag marked ₹780 is sold at a 25% discount. What is its selling price? (a) ₹975 (b) ₹585 (c) ₹755 (d) ₹195
  17. 17.A shopkeeper buys a toy for ₹200 and sells it for ₹250. What is his profit percent? (a) 50% (b) 30% (c) 20% (d) 25%
  18. 18.A shopkeeper buys a toy for ₹300 and sells it for ₹225. What is his loss percent? (a) 30% (b) 20% (c) 75% (d) 25%
  19. 19.What is 75% of 40? (a) 10 (b) 30 (c) 60 (d) 300
  20. 20.A shopkeeper buys a toy for ₹160 and sells it for ₹208. What is his profit percent? (a) 30% (b) 25% (c) 35% (d) 48%
  21. 21.A shopkeeper buys a toy for ₹400 and sells it for ₹240. What is his loss percent? (a) 45% (b) 40% (c) 41% (d) 35%
  22. 22.A bag marked ₹2000 is sold at a 25% discount. What is its selling price? (a) ₹1500 (b) ₹1975 (c) ₹2500 (d) ₹500
  23. 23.What is 10% of 500? (a) 50 (b) 500 (c) 450 (d) 100
  24. 24.A shopkeeper buys a toy for ₹300 and sells it for ₹420. What is his profit percent? (a) 35% (b) 41% (c) 45% (d) 40%
  25. 25.A shopkeeper buys a toy for ₹960 and sells it for ₹1152. What is his profit percent? (a) 20% (b) 15% (c) 21% (d) 25%
  26. 26.A shopkeeper buys a toy for ₹1000 and sells it for ₹950. What is his loss percent? (a) 50% (b) 10% (c) 5% (d) 6%
  27. 27.A shopkeeper buys a toy for ₹960 and sells it for ₹720. What is his loss percent? (a) 30% (b) 25% (c) 20% (d) 26%
  28. 28.A bag marked ₹1280 is sold at a 20% discount. What is its selling price? (a) ₹1536 (b) ₹1024 (c) ₹1260 (d) ₹256
  29. 29.A shopkeeper buys a toy for ₹740 and sells it for ₹814. What is his profit percent? (a) 5% (b) 15% (c) 74% (d) 10%
  30. 30.A shopkeeper buys a toy for ₹700 and sells it for ₹490. What is his loss percent? (a) 31% (b) 25% (c) 30% (d) 35%
  31. 31.A bag marked ₹380 is sold at a 25% discount. What is its selling price? (a) ₹475 (b) ₹95 (c) ₹285 (d) ₹355
  32. 32.A shopkeeper buys a toy for ₹600 and sells it for ₹840. What is his profit percent? (a) 45% (b) 35% (c) 40% (d) 41%
  33. 33.A shopkeeper buys a toy for ₹640 and sells it for ₹576. What is his loss percent? (a) 64% (b) 5% (c) 10% (d) 15%
  34. 34.A shopkeeper buys a toy for ₹320 and sells it for ₹352. What is his profit percent? (a) 5% (b) 10% (c) 32% (d) 15%
  35. 35.A shopkeeper buys a toy for ₹600 and sells it for ₹540. What is his loss percent? (a) 10% (b) 5% (c) 15% (d) 60%
  36. 36.A shopkeeper buys a toy for ₹640 and sells it for ₹736. What is his profit percent? (a) 20% (b) 15% (c) 10% (d) 96%
  37. 37.A bag marked ₹520 is sold at a 30% discount. What is its selling price? (a) ₹676 (b) ₹490 (c) ₹156 (d) ₹364
  38. 38.What is 60% of 480? (a) 2880 (b) 192 (c) 576 (d) 288
  39. 39.A shopkeeper buys a toy for ₹260 and sells it for ₹234. What is his loss percent? (a) 26% (b) 10% (c) 15% (d) 5%
  40. 40.A shopkeeper buys a toy for ₹800 and sells it for ₹760. What is his loss percent? (a) 6% (b) 40% (c) 10% (d) 5%

Answer key

  1. ₹560
  2. 25%
  3. 5%
  4. 55
  5. ₹272
  6. ₹930
  7. 80
  8. 104
  9. 25%
  10. 10%
  11. 150
  12. ₹648
  13. 40%
  14. 25%
  15. ₹1190
  16. ₹585
  17. 25%
  18. 25%
  19. 30
  20. 30%
  21. 40%
  22. ₹1500
  23. 50
  24. 40%
  25. 20%
  26. 5%
  27. 25%
  28. ₹1024
  29. 10%
  30. 30%
  31. ₹285
  32. 40%
  33. 10%
  34. 10%
  35. 10%
  36. 15%
  37. ₹364
  38. 288
  39. 10%
  40. 5%

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