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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 306 · 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.A shopkeeper buys a toy for ₹280 and sells it for ₹168. What is his loss percent? (a) 45% (b) 35% (c) 40% (d) 41%
  2. 2.What is 50% of 240? (a) 121 (b) 1200 (c) 240 (d) 120
  3. 3.A shopkeeper buys a toy for ₹140 and sells it for ₹196. What is his profit percent? (a) 56% (b) 45% (c) 40% (d) 35%
  4. 4.What is 25% of 560? (a) 140 (b) 280 (c) 1400 (d) 420
  5. 5.A bag marked ₹1980 is sold at a 40% discount. What is its selling price? (a) ₹792 (b) ₹2772 (c) ₹1940 (d) ₹1188
  6. 6.A shopkeeper buys a toy for ₹500 and sells it for ₹600. What is his profit percent? (a) 21% (b) 20% (c) 25% (d) 15%
  7. 7.What is 50% of 340? (a) 170 (b) 171 (c) 340 (d) 1700
  8. 8.A shopkeeper buys a toy for ₹980 and sells it for ₹1274. What is his profit percent? (a) 30% (b) 31% (c) 25% (d) 35%
  9. 9.A bag marked ₹1720 is sold at a 10% discount. What is its selling price? (a) ₹1710 (b) ₹172 (c) ₹1892 (d) ₹1548
  10. 10.A bag marked ₹940 is sold at a 50% discount. What is its selling price? (a) ₹470 (b) ₹1410 (c) ₹471 (d) ₹890
  11. 11.What is 10% of 920? (a) 184 (b) 920 (c) 92 (d) 828
  12. 12.A shopkeeper buys a toy for ₹740 and sells it for ₹629. What is his loss percent? (a) 15% (b) 10% (c) 16% (d) 20%
  13. 13.A bag marked ₹700 is sold at a 10% discount. What is its selling price? (a) ₹690 (b) ₹70 (c) ₹630 (d) ₹770
  14. 14.A bag marked ₹2000 is sold at a 25% discount. What is its selling price? (a) ₹2500 (b) ₹1500 (c) ₹1975 (d) ₹500
  15. 15.What is 20% of 300? (a) 60 (b) 120 (c) 240 (d) 600
  16. 16.What is 15% of 380? (a) 114 (b) 570 (c) 323 (d) 57
  17. 17.A shopkeeper buys a toy for ₹360 and sells it for ₹342. What is his loss percent? (a) 6% (b) 18% (c) 10% (d) 5%
  18. 18.A shopkeeper buys a toy for ₹340 and sells it for ₹510. What is his profit percent? (a) 50% (b) 45% (c) 55% (d) 51%
  19. 19.A bag marked ₹260 is sold at a 30% discount. What is its selling price? (a) ₹78 (b) ₹338 (c) ₹230 (d) ₹182
  20. 20.A shopkeeper buys a toy for ₹860 and sells it for ₹645. What is his loss percent? (a) 26% (b) 20% (c) 30% (d) 25%
  21. 21.A shopkeeper buys a toy for ₹340 and sells it for ₹238. What is his loss percent? (a) 31% (b) 30% (c) 25% (d) 35%
  22. 22.What is 60% of 800? (a) 320 (b) 480 (c) 960 (d) 4800
  23. 23.A shopkeeper buys a toy for ₹380 and sells it for ₹361. What is his loss percent? (a) 6% (b) 5% (c) 10% (d) 19%
  24. 24.What is 20% of 80? (a) 160 (b) 16 (c) 64 (d) 32
  25. 25.A shopkeeper buys a toy for ₹580 and sells it for ₹870. What is his profit percent? (a) 45% (b) 51% (c) 50% (d) 55%
  26. 26.What is 30% of 840? (a) 504 (b) 252 (c) 2520 (d) 588
  27. 27.What is 50% of 960? (a) 480 (b) 4800 (c) 481 (d) 960
  28. 28.What is 5% of 380? (a) 361 (b) 38 (c) 190 (d) 19
  29. 29.A bag marked ₹260 is sold at a 40% discount. What is its selling price? (a) ₹364 (b) ₹156 (c) ₹104 (d) ₹220
  30. 30.A bag marked ₹580 is sold at a 15% discount. What is its selling price? (a) ₹565 (b) ₹87 (c) ₹667 (d) ₹493
  31. 31.A bag marked ₹980 is sold at a 30% discount. What is its selling price? (a) ₹686 (b) ₹294 (c) ₹950 (d) ₹1274
  32. 32.A shopkeeper buys a toy for ₹100 and sells it for ₹75. What is his loss percent? (a) 25% (b) 30% (c) 26% (d) 20%
  33. 33.A shopkeeper buys a toy for ₹120 and sells it for ₹84. What is his loss percent? (a) 36% (b) 25% (c) 30% (d) 35%
  34. 34.What is 10% of 300? (a) 30 (b) 60 (c) 300 (d) 270
  35. 35.A shopkeeper buys a toy for ₹920 and sells it for ₹782. What is his loss percent? (a) 10% (b) 16% (c) 20% (d) 15%
  36. 36.What is 10% of 740? (a) 740 (b) 148 (c) 666 (d) 74
  37. 37.A shopkeeper buys a toy for ₹860 and sells it for ₹946. What is his profit percent? (a) 5% (b) 10% (c) 15% (d) 86%
  38. 38.What is 40% of 180? (a) 720 (b) 144 (c) 72 (d) 108
  39. 39.A bag marked ₹1160 is sold at a 40% discount. What is its selling price? (a) ₹696 (b) ₹1120 (c) ₹464 (d) ₹1624
  40. 40.A shopkeeper buys a toy for ₹620 and sells it for ₹527. What is his loss percent? (a) 10% (b) 15% (c) 93% (d) 20%

Answer key

  1. 40%
  2. 120
  3. 40%
  4. 140
  5. ₹1188
  6. 20%
  7. 170
  8. 30%
  9. ₹1548
  10. ₹470
  11. 92
  12. 15%
  13. ₹630
  14. ₹1500
  15. 60
  16. 57
  17. 5%
  18. 50%
  19. ₹182
  20. 25%
  21. 30%
  22. 480
  23. 5%
  24. 16
  25. 50%
  26. 252
  27. 480
  28. 19
  29. ₹156
  30. ₹493
  31. ₹686
  32. 25%
  33. 30%
  34. 30
  35. 15%
  36. 74
  37. 10%
  38. 72
  39. ₹696
  40. 15%

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