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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 323 · 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 ₹700 and sells it for ₹420. What is his loss percent? (a) 40% (b) 45% (c) 41% (d) 35%
  2. 2.A shopkeeper buys a toy for ₹600 and sells it for ₹630. What is his profit percent? (a) 30% (b) 5% (c) 10% (d) 6%
  3. 3.A shopkeeper buys a toy for ₹140 and sells it for ₹196. What is his profit percent? (a) 35% (b) 45% (c) 56% (d) 40%
  4. 4.What is 10% of 400? (a) 80 (b) 400 (c) 360 (d) 40
  5. 5.A bag marked ₹480 is sold at a 40% discount. What is its selling price? (a) ₹192 (b) ₹440 (c) ₹672 (d) ₹288
  6. 6.A shopkeeper buys a toy for ₹460 and sells it for ₹483. What is his profit percent? (a) 6% (b) 10% (c) 23% (d) 5%
  7. 7.A shopkeeper buys a toy for ₹880 and sells it for ₹1320. What is his profit percent? (a) 55% (b) 51% (c) 50% (d) 45%
  8. 8.What is 50% of 800? (a) 4000 (b) 400 (c) 800 (d) 401
  9. 9.What is 75% of 760? (a) 5700 (b) 190 (c) 570 (d) 1140
  10. 10.A shopkeeper buys a toy for ₹420 and sells it for ₹336. What is his loss percent? (a) 25% (b) 15% (c) 84% (d) 20%
  11. 11.What is 10% of 420? (a) 420 (b) 84 (c) 42 (d) 378
  12. 12.A shopkeeper buys a toy for ₹560 and sells it for ₹644. What is his profit percent? (a) 84% (b) 15% (c) 10% (d) 20%
  13. 13.A shopkeeper buys a toy for ₹780 and sells it for ₹858. What is his profit percent? (a) 78% (b) 15% (c) 5% (d) 10%
  14. 14.A shopkeeper buys a toy for ₹420 and sells it for ₹252. What is his loss percent? (a) 41% (b) 45% (c) 35% (d) 40%
  15. 15.What is 50% of 920? (a) 460 (b) 4600 (c) 920 (d) 461
  16. 16.A shopkeeper buys a toy for ₹140 and sells it for ₹175. What is his profit percent? (a) 35% (b) 20% (c) 30% (d) 25%
  17. 17.A shopkeeper buys a toy for ₹300 and sells it for ₹360. What is his profit percent? (a) 15% (b) 20% (c) 25% (d) 60%
  18. 18.A shopkeeper buys a toy for ₹240 and sells it for ₹180. What is his loss percent? (a) 20% (b) 60% (c) 25% (d) 30%
  19. 19.What is 50% of 980? (a) 980 (b) 490 (c) 4900 (d) 491
  20. 20.A shopkeeper buys a toy for ₹520 and sells it for ₹390. What is his loss percent? (a) 20% (b) 25% (c) 30% (d) 26%
  21. 21.A bag marked ₹540 is sold at a 15% discount. What is its selling price? (a) ₹459 (b) ₹525 (c) ₹81 (d) ₹621
  22. 22.A shopkeeper buys a toy for ₹820 and sells it for ₹779. What is his loss percent? (a) 6% (b) 41% (c) 10% (d) 5%
  23. 23.What is 5% of 420? (a) 210 (b) 399 (c) 42 (d) 21
  24. 24.A shopkeeper buys a toy for ₹640 and sells it for ₹576. What is his loss percent? (a) 15% (b) 5% (c) 10% (d) 64%
  25. 25.A shopkeeper buys a toy for ₹520 and sells it for ₹572. What is his profit percent? (a) 52% (b) 5% (c) 10% (d) 15%
  26. 26.What is 20% of 980? (a) 784 (b) 392 (c) 196 (d) 1960
  27. 27.A shopkeeper buys a toy for ₹760 and sells it for ₹608. What is his loss percent? (a) 21% (b) 20% (c) 15% (d) 25%
  28. 28.A shopkeeper buys a toy for ₹120 and sells it for ₹168. What is his profit percent? (a) 45% (b) 40% (c) 48% (d) 35%
  29. 29.A bag marked ₹480 is sold at a 30% discount. What is its selling price? (a) ₹624 (b) ₹336 (c) ₹144 (d) ₹450
  30. 30.A bag marked ₹1600 is sold at a 40% discount. What is its selling price? (a) ₹1560 (b) ₹2240 (c) ₹960 (d) ₹640
  31. 31.A shopkeeper buys a toy for ₹220 and sells it for ₹253. What is his profit percent? (a) 10% (b) 15% (c) 20% (d) 33%
  32. 32.A shopkeeper buys a toy for ₹260 and sells it for ₹195. What is his loss percent? (a) 30% (b) 65% (c) 20% (d) 25%
  33. 33.A shopkeeper buys a toy for ₹660 and sells it for ₹924. What is his profit percent? (a) 40% (b) 45% (c) 41% (d) 35%
  34. 34.A shopkeeper buys a toy for ₹980 and sells it for ₹1470. What is his profit percent? (a) 51% (b) 50% (c) 55% (d) 45%
  35. 35.A shopkeeper buys a toy for ₹940 and sells it for ₹1410. What is his profit percent? (a) 45% (b) 50% (c) 55% (d) 51%
  36. 36.A shopkeeper buys a toy for ₹740 and sells it for ₹629. What is his loss percent? (a) 10% (b) 16% (c) 20% (d) 15%
  37. 37.A bag marked ₹1300 is sold at a 20% discount. What is its selling price? (a) ₹1280 (b) ₹1040 (c) ₹1560 (d) ₹260
  38. 38.What is 30% of 920? (a) 552 (b) 2760 (c) 276 (d) 644
  39. 39.What is 25% of 320? (a) 240 (b) 160 (c) 800 (d) 80
  40. 40.A shopkeeper buys a toy for ₹240 and sells it for ₹288. What is his profit percent? (a) 20% (b) 25% (c) 48% (d) 15%

Answer key

  1. 40%
  2. 5%
  3. 40%
  4. 40
  5. ₹288
  6. 5%
  7. 50%
  8. 400
  9. 570
  10. 20%
  11. 42
  12. 15%
  13. 10%
  14. 40%
  15. 460
  16. 25%
  17. 20%
  18. 25%
  19. 490
  20. 25%
  21. ₹459
  22. 5%
  23. 21
  24. 10%
  25. 10%
  26. 196
  27. 20%
  28. 40%
  29. ₹336
  30. ₹960
  31. 15%
  32. 25%
  33. 40%
  34. 50%
  35. 50%
  36. 15%
  37. ₹1040
  38. 276
  39. 80
  40. 20%

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