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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 485 · 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 ₹500 and sells it for ₹400. What is his loss percent? (a) 25% (b) 15% (c) 21% (d) 20%
  2. 2.A bag marked ₹620 is sold at a 15% discount. What is its selling price? (a) ₹527 (b) ₹713 (c) ₹605 (d) ₹93
  3. 3.A shopkeeper buys a toy for ₹660 and sells it for ₹594. What is his loss percent? (a) 5% (b) 66% (c) 10% (d) 15%
  4. 4.What is 15% of 680? (a) 204 (b) 102 (c) 578 (d) 1020
  5. 5.A shopkeeper buys a toy for ₹1000 and sells it for ₹600. What is his loss percent? (a) 41% (b) 45% (c) 40% (d) 35%
  6. 6.A shopkeeper buys a toy for ₹340 and sells it for ₹476. What is his profit percent? (a) 40% (b) 45% (c) 41% (d) 35%
  7. 7.What is 25% of 480? (a) 1200 (b) 240 (c) 360 (d) 120
  8. 8.What is 40% of 760? (a) 456 (b) 304 (c) 3040 (d) 608
  9. 9.A bag marked ₹700 is sold at a 40% discount. What is its selling price? (a) ₹660 (b) ₹980 (c) ₹280 (d) ₹420
  10. 10.What is 50% of 660? (a) 331 (b) 660 (c) 3300 (d) 330
  11. 11.A bag marked ₹220 is sold at a 10% discount. What is its selling price? (a) ₹198 (b) ₹242 (c) ₹22 (d) ₹210
  12. 12.A shopkeeper buys a toy for ₹840 and sells it for ₹588. What is his loss percent? (a) 35% (b) 31% (c) 25% (d) 30%
  13. 13.A shopkeeper buys a toy for ₹560 and sells it for ₹672. What is his profit percent? (a) 21% (b) 15% (c) 25% (d) 20%
  14. 14.What is 5% of 880? (a) 836 (b) 88 (c) 440 (d) 44
  15. 15.What is 75% of 720? (a) 1080 (b) 180 (c) 5400 (d) 540
  16. 16.A shopkeeper buys a toy for ₹760 and sells it for ₹874. What is his profit percent? (a) 10% (b) 20% (c) 15% (d) 16%
  17. 17.A bag marked ₹1140 is sold at a 20% discount. What is its selling price? (a) ₹1368 (b) ₹228 (c) ₹1120 (d) ₹912
  18. 18.A shopkeeper buys a toy for ₹700 and sells it for ₹665. What is his loss percent? (a) 10% (b) 6% (c) 5% (d) 35%
  19. 19.A shopkeeper buys a toy for ₹460 and sells it for ₹276. What is his loss percent? (a) 40% (b) 45% (c) 35% (d) 41%
  20. 20.What is 15% of 80? (a) 68 (b) 24 (c) 12 (d) 120
  21. 21.A bag marked ₹1140 is sold at a 15% discount. What is its selling price? (a) ₹1125 (b) ₹969 (c) ₹1311 (d) ₹171
  22. 22.A shopkeeper buys a toy for ₹580 and sells it for ₹522. What is his loss percent? (a) 58% (b) 5% (c) 10% (d) 15%
  23. 23.A bag marked ₹1120 is sold at a 25% discount. What is its selling price? (a) ₹1400 (b) ₹1095 (c) ₹840 (d) ₹280
  24. 24.What is 20% of 140? (a) 112 (b) 56 (c) 28 (d) 280
  25. 25.What is 15% of 740? (a) 111 (b) 1110 (c) 629 (d) 222
  26. 26.A bag marked ₹760 is sold at a 30% discount. What is its selling price? (a) ₹730 (b) ₹228 (c) ₹988 (d) ₹532
  27. 27.What is 5% of 340? (a) 17 (b) 170 (c) 34 (d) 323
  28. 28.What is 50% of 120? (a) 600 (b) 120 (c) 61 (d) 60
  29. 29.A shopkeeper buys a toy for ₹900 and sells it for ₹1260. What is his profit percent? (a) 40% (b) 41% (c) 45% (d) 35%
  30. 30.A shopkeeper buys a toy for ₹640 and sells it for ₹736. What is his profit percent? (a) 10% (b) 15% (c) 20% (d) 96%
  31. 31.A shopkeeper buys a toy for ₹380 and sells it for ₹323. What is his loss percent? (a) 20% (b) 15% (c) 57% (d) 10%
  32. 32.A shopkeeper buys a toy for ₹720 and sells it for ₹756. What is his profit percent? (a) 6% (b) 10% (c) 36% (d) 5%
  33. 33.A shopkeeper buys a toy for ₹440 and sells it for ₹616. What is his profit percent? (a) 41% (b) 40% (c) 35% (d) 45%
  34. 34.A shopkeeper buys a toy for ₹700 and sells it for ₹560. What is his loss percent? (a) 25% (b) 20% (c) 15% (d) 21%
  35. 35.A shopkeeper buys a toy for ₹720 and sells it for ₹1008. What is his profit percent? (a) 35% (b) 41% (c) 40% (d) 45%
  36. 36.A bag marked ₹1220 is sold at a 50% discount. What is its selling price? (a) ₹1170 (b) ₹611 (c) ₹1830 (d) ₹610
  37. 37.A bag marked ₹840 is sold at a 10% discount. What is its selling price? (a) ₹84 (b) ₹756 (c) ₹924 (d) ₹830
  38. 38.What is 50% of 580? (a) 2900 (b) 580 (c) 290 (d) 291
  39. 39.A shopkeeper buys a toy for ₹300 and sells it for ₹420. What is his profit percent? (a) 35% (b) 45% (c) 40% (d) 41%
  40. 40.What is 50% of 460? (a) 230 (b) 2300 (c) 460 (d) 231

Answer key

  1. 20%
  2. ₹527
  3. 10%
  4. 102
  5. 40%
  6. 40%
  7. 120
  8. 304
  9. ₹420
  10. 330
  11. ₹198
  12. 30%
  13. 20%
  14. 44
  15. 540
  16. 15%
  17. ₹912
  18. 5%
  19. 40%
  20. 12
  21. ₹969
  22. 10%
  23. ₹840
  24. 28
  25. 111
  26. ₹532
  27. 17
  28. 60
  29. 40%
  30. 15%
  31. 15%
  32. 5%
  33. 40%
  34. 20%
  35. 40%
  36. ₹610
  37. ₹756
  38. 290
  39. 40%
  40. 230

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