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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 449 · 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 ₹800 and sells it for ₹760. What is his loss percent? (a) 40% (b) 10% (c) 5% (d) 6%
  2. 2.A shopkeeper buys a toy for ₹520 and sells it for ₹416. What is his loss percent? (a) 21% (b) 20% (c) 15% (d) 25%
  3. 3.A bag marked ₹1540 is sold at a 30% discount. What is its selling price? (a) ₹1078 (b) ₹2002 (c) ₹462 (d) ₹1510
  4. 4.A shopkeeper buys a toy for ₹620 and sells it for ₹496. What is his loss percent? (a) 15% (b) 25% (c) 21% (d) 20%
  5. 5.A bag marked ₹760 is sold at a 15% discount. What is its selling price? (a) ₹114 (b) ₹646 (c) ₹745 (d) ₹874
  6. 6.A bag marked ₹1900 is sold at a 30% discount. What is its selling price? (a) ₹570 (b) ₹1870 (c) ₹2470 (d) ₹1330
  7. 7.A bag marked ₹300 is sold at a 30% discount. What is its selling price? (a) ₹210 (b) ₹390 (c) ₹270 (d) ₹90
  8. 8.A bag marked ₹440 is sold at a 25% discount. What is its selling price? (a) ₹550 (b) ₹330 (c) ₹415 (d) ₹110
  9. 9.A shopkeeper buys a toy for ₹700 and sells it for ₹980. What is his profit percent? (a) 41% (b) 40% (c) 35% (d) 45%
  10. 10.A bag marked ₹780 is sold at a 10% discount. What is its selling price? (a) ₹770 (b) ₹78 (c) ₹858 (d) ₹702
  11. 11.A shopkeeper buys a toy for ₹980 and sells it for ₹833. What is his loss percent? (a) 16% (b) 10% (c) 15% (d) 20%
  12. 12.A bag marked ₹960 is sold at a 40% discount. What is its selling price? (a) ₹920 (b) ₹1344 (c) ₹576 (d) ₹384
  13. 13.What is 30% of 360? (a) 1080 (b) 216 (c) 252 (d) 108
  14. 14.What is 25% of 920? (a) 690 (b) 460 (c) 2300 (d) 230
  15. 15.A bag marked ₹2000 is sold at a 40% discount. What is its selling price? (a) ₹800 (b) ₹1200 (c) ₹1960 (d) ₹2800
  16. 16.A shopkeeper buys a toy for ₹640 and sells it for ₹544. What is his loss percent? (a) 96% (b) 20% (c) 10% (d) 15%
  17. 17.A bag marked ₹1320 is sold at a 40% discount. What is its selling price? (a) ₹1848 (b) ₹792 (c) ₹528 (d) ₹1280
  18. 18.A bag marked ₹360 is sold at a 20% discount. What is its selling price? (a) ₹340 (b) ₹72 (c) ₹432 (d) ₹288
  19. 19.What is 60% of 580? (a) 232 (b) 696 (c) 3480 (d) 348
  20. 20.A shopkeeper buys a toy for ₹140 and sells it for ₹112. What is his loss percent? (a) 25% (b) 15% (c) 20% (d) 28%
  21. 21.A bag marked ₹1160 is sold at a 30% discount. What is its selling price? (a) ₹1130 (b) ₹1508 (c) ₹812 (d) ₹348
  22. 22.A shopkeeper buys a toy for ₹300 and sells it for ₹270. What is his loss percent? (a) 15% (b) 10% (c) 5% (d) 30%
  23. 23.A shopkeeper buys a toy for ₹640 and sells it for ₹480. What is his loss percent? (a) 30% (b) 25% (c) 26% (d) 20%
  24. 24.What is 40% of 360? (a) 288 (b) 216 (c) 1440 (d) 144
  25. 25.A shopkeeper buys a toy for ₹220 and sells it for ₹231. What is his profit percent? (a) 11% (b) 10% (c) 6% (d) 5%
  26. 26.A shopkeeper buys a toy for ₹480 and sells it for ₹720. What is his profit percent? (a) 51% (b) 50% (c) 55% (d) 45%
  27. 27.A shopkeeper buys a toy for ₹240 and sells it for ₹312. What is his profit percent? (a) 25% (b) 72% (c) 35% (d) 30%
  28. 28.What is 25% of 1000? (a) 750 (b) 250 (c) 2500 (d) 500
  29. 29.What is 15% of 780? (a) 234 (b) 117 (c) 1170 (d) 663
  30. 30.A shopkeeper buys a toy for ₹740 and sells it for ₹629. What is his loss percent? (a) 16% (b) 20% (c) 15% (d) 10%
  31. 31.A bag marked ₹1860 is sold at a 15% discount. What is its selling price? (a) ₹279 (b) ₹1845 (c) ₹1581 (d) ₹2139
  32. 32.A shopkeeper buys a toy for ₹120 and sells it for ₹72. What is his loss percent? (a) 48% (b) 45% (c) 40% (d) 35%
  33. 33.What is 15% of 720? (a) 612 (b) 216 (c) 108 (d) 1080
  34. 34.What is 5% of 60? (a) 6 (b) 3 (c) 30 (d) 57
  35. 35.A bag marked ₹820 is sold at a 15% discount. What is its selling price? (a) ₹123 (b) ₹943 (c) ₹697 (d) ₹805
  36. 36.A shopkeeper buys a toy for ₹940 and sells it for ₹893. What is his loss percent? (a) 6% (b) 47% (c) 5% (d) 10%
  37. 37.What is 10% of 540? (a) 540 (b) 108 (c) 486 (d) 54
  38. 38.A bag marked ₹1840 is sold at a 40% discount. What is its selling price? (a) ₹736 (b) ₹1104 (c) ₹2576 (d) ₹1800
  39. 39.A shopkeeper buys a toy for ₹420 and sells it for ₹441. What is his profit percent? (a) 10% (b) 21% (c) 6% (d) 5%
  40. 40.What is 20% of 160? (a) 320 (b) 128 (c) 64 (d) 32

Answer key

  1. 5%
  2. 20%
  3. ₹1078
  4. 20%
  5. ₹646
  6. ₹1330
  7. ₹210
  8. ₹330
  9. 40%
  10. ₹702
  11. 15%
  12. ₹576
  13. 108
  14. 230
  15. ₹1200
  16. 15%
  17. ₹792
  18. ₹288
  19. 348
  20. 20%
  21. ₹812
  22. 10%
  23. 25%
  24. 144
  25. 5%
  26. 50%
  27. 30%
  28. 250
  29. 117
  30. 15%
  31. ₹1581
  32. 40%
  33. 108
  34. 3
  35. ₹697
  36. 5%
  37. 54
  38. ₹1104
  39. 5%
  40. 32

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