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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 392 · 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 ₹1000 and sells it for ₹600. What is his loss percent? (a) 45% (b) 40% (c) 35% (d) 41%
  2. 2.A shopkeeper buys a toy for ₹740 and sells it for ₹1036. What is his profit percent? (a) 45% (b) 41% (c) 35% (d) 40%
  3. 3.A bag marked ₹1900 is sold at a 50% discount. What is its selling price? (a) ₹2850 (b) ₹950 (c) ₹951 (d) ₹1850
  4. 4.A shopkeeper buys a toy for ₹200 and sells it for ₹260. What is his profit percent? (a) 35% (b) 25% (c) 30% (d) 60%
  5. 5.What is 75% of 160? (a) 40 (b) 1200 (c) 240 (d) 120
  6. 6.What is 20% of 960? (a) 384 (b) 192 (c) 1920 (d) 768
  7. 7.What is 25% of 140? (a) 350 (b) 105 (c) 70 (d) 35
  8. 8.A bag marked ₹380 is sold at a 40% discount. What is its selling price? (a) ₹532 (b) ₹340 (c) ₹152 (d) ₹228
  9. 9.A shopkeeper buys a toy for ₹720 and sells it for ₹504. What is his loss percent? (a) 30% (b) 25% (c) 31% (d) 35%
  10. 10.A shopkeeper buys a toy for ₹440 and sells it for ₹352. What is his loss percent? (a) 88% (b) 25% (c) 20% (d) 15%
  11. 11.What is 50% of 380? (a) 380 (b) 1900 (c) 190 (d) 191
  12. 12.A shopkeeper buys a toy for ₹940 and sells it for ₹705. What is his loss percent? (a) 25% (b) 26% (c) 30% (d) 20%
  13. 13.A shopkeeper buys a toy for ₹400 and sells it for ₹280. What is his loss percent? (a) 30% (b) 31% (c) 35% (d) 25%
  14. 14.A shopkeeper buys a toy for ₹700 and sells it for ₹735. What is his profit percent? (a) 5% (b) 35% (c) 10% (d) 6%
  15. 15.A shopkeeper buys a toy for ₹580 and sells it for ₹638. What is his profit percent? (a) 15% (b) 10% (c) 58% (d) 5%
  16. 16.What is 25% of 960? (a) 2400 (b) 480 (c) 720 (d) 240
  17. 17.A bag marked ₹640 is sold at a 20% discount. What is its selling price? (a) ₹620 (b) ₹768 (c) ₹128 (d) ₹512
  18. 18.A bag marked ₹560 is sold at a 10% discount. What is its selling price? (a) ₹504 (b) ₹56 (c) ₹550 (d) ₹616
  19. 19.A shopkeeper buys a toy for ₹100 and sells it for ₹140. What is his profit percent? (a) 35% (b) 45% (c) 41% (d) 40%
  20. 20.What is 15% of 300? (a) 255 (b) 90 (c) 45 (d) 450
  21. 21.A shopkeeper buys a toy for ₹360 and sells it for ₹432. What is his profit percent? (a) 20% (b) 72% (c) 25% (d) 15%
  22. 22.A shopkeeper buys a toy for ₹600 and sells it for ₹420. What is his loss percent? (a) 31% (b) 30% (c) 25% (d) 35%
  23. 23.A bag marked ₹1200 is sold at a 10% discount. What is its selling price? (a) ₹1320 (b) ₹120 (c) ₹1080 (d) ₹1190
  24. 24.A shopkeeper buys a toy for ₹700 and sells it for ₹910. What is his profit percent? (a) 35% (b) 31% (c) 30% (d) 25%
  25. 25.A shopkeeper buys a toy for ₹340 and sells it for ₹442. What is his profit percent? (a) 25% (b) 31% (c) 35% (d) 30%
  26. 26.A bag marked ₹520 is sold at a 50% discount. What is its selling price? (a) ₹780 (b) ₹261 (c) ₹260 (d) ₹470
  27. 27.A bag marked ₹1840 is sold at a 15% discount. What is its selling price? (a) ₹2116 (b) ₹1564 (c) ₹1825 (d) ₹276
  28. 28.What is 75% of 240? (a) 60 (b) 180 (c) 1800 (d) 360
  29. 29.What is 15% of 360? (a) 54 (b) 108 (c) 540 (d) 306
  30. 30.A shopkeeper buys a toy for ₹780 and sells it for ₹468. What is his loss percent? (a) 41% (b) 35% (c) 40% (d) 45%
  31. 31.A shopkeeper buys a toy for ₹840 and sells it for ₹1008. What is his profit percent? (a) 25% (b) 15% (c) 20% (d) 21%
  32. 32.What is 20% of 240? (a) 192 (b) 48 (c) 480 (d) 96
  33. 33.A bag marked ₹260 is sold at a 10% discount. What is its selling price? (a) ₹250 (b) ₹26 (c) ₹234 (d) ₹286
  34. 34.A shopkeeper buys a toy for ₹300 and sells it for ₹240. What is his loss percent? (a) 15% (b) 25% (c) 20% (d) 60%
  35. 35.A shopkeeper buys a toy for ₹600 and sells it for ₹360. What is his loss percent? (a) 35% (b) 45% (c) 40% (d) 41%
  36. 36.A bag marked ₹1380 is sold at a 10% discount. What is its selling price? (a) ₹1518 (b) ₹1242 (c) ₹1370 (d) ₹138
  37. 37.A shopkeeper buys a toy for ₹560 and sells it for ₹784. What is his profit percent? (a) 40% (b) 45% (c) 35% (d) 41%
  38. 38.What is 30% of 900? (a) 630 (b) 540 (c) 2700 (d) 270
  39. 39.What is 30% of 620? (a) 372 (b) 434 (c) 186 (d) 1860
  40. 40.A bag marked ₹760 is sold at a 25% discount. What is its selling price? (a) ₹190 (b) ₹570 (c) ₹735 (d) ₹950

Answer key

  1. 40%
  2. 40%
  3. ₹950
  4. 30%
  5. 120
  6. 192
  7. 35
  8. ₹228
  9. 30%
  10. 20%
  11. 190
  12. 25%
  13. 30%
  14. 5%
  15. 10%
  16. 240
  17. ₹512
  18. ₹504
  19. 40%
  20. 45
  21. 20%
  22. 30%
  23. ₹1080
  24. 30%
  25. 30%
  26. ₹260
  27. ₹1564
  28. 180
  29. 54
  30. 40%
  31. 20%
  32. 48
  33. ₹234
  34. 20%
  35. 40%
  36. ₹1242
  37. 40%
  38. 270
  39. 186
  40. ₹570

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