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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 542 · 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.

NameDateTime takenScore ___ / 40
  1. 1.A bag marked ₹400 is sold at a 30% discount. What is its selling price? (a) ₹120 (b) ₹370 (c) ₹520 (d) ₹280
  2. 2.A shopkeeper buys a toy for ₹240 and sells it for ₹276. What is his profit percent? (a) 36% (b) 20% (c) 10% (d) 15%
  3. 3.A shopkeeper buys a toy for ₹540 and sells it for ₹675. What is his profit percent? (a) 26% (b) 20% (c) 30% (d) 25%
  4. 4.What is 60% of 240? (a) 288 (b) 1440 (c) 144 (d) 96
  5. 5.A shopkeeper buys a toy for ₹440 and sells it for ₹528. What is his profit percent? (a) 15% (b) 25% (c) 20% (d) 88%
  6. 6.A bag marked ₹780 is sold at a 30% discount. What is its selling price? (a) ₹750 (b) ₹1014 (c) ₹234 (d) ₹546
  7. 7.A bag marked ₹940 is sold at a 25% discount. What is its selling price? (a) ₹235 (b) ₹705 (c) ₹915 (d) ₹1175
  8. 8.A shopkeeper buys a toy for ₹180 and sells it for ₹171. What is his loss percent? (a) 9% (b) 5% (c) 6% (d) 10%
  9. 9.What is 60% of 320? (a) 1920 (b) 128 (c) 384 (d) 192
  10. 10.A shopkeeper buys a toy for ₹280 and sells it for ₹266. What is his loss percent? (a) 6% (b) 14% (c) 10% (d) 5%
  11. 11.A shopkeeper buys a toy for ₹200 and sells it for ₹250. What is his profit percent? (a) 30% (b) 25% (c) 50% (d) 20%
  12. 12.A bag marked ₹1620 is sold at a 40% discount. What is its selling price? (a) ₹2268 (b) ₹648 (c) ₹972 (d) ₹1580
  13. 13.A shopkeeper buys a toy for ₹660 and sells it for ₹528. What is his loss percent? (a) 15% (b) 20% (c) 25% (d) 21%
  14. 14.A shopkeeper buys a toy for ₹560 and sells it for ₹672. What is his profit percent? (a) 20% (b) 15% (c) 21% (d) 25%
  15. 15.What is 40% of 440? (a) 176 (b) 1760 (c) 264 (d) 352
  16. 16.What is 50% of 700? (a) 351 (b) 700 (c) 3500 (d) 350
  17. 17.A shopkeeper buys a toy for ₹440 and sells it for ₹396. What is his loss percent? (a) 44% (b) 5% (c) 15% (d) 10%
  18. 18.A bag marked ₹1480 is sold at a 40% discount. What is its selling price? (a) ₹2072 (b) ₹888 (c) ₹1440 (d) ₹592
  19. 19.A shopkeeper buys a toy for ₹820 and sells it for ₹1066. What is his profit percent? (a) 25% (b) 31% (c) 30% (d) 35%
  20. 20.What is 25% of 840? (a) 210 (b) 420 (c) 2100 (d) 630
  21. 21.What is 75% of 700? (a) 525 (b) 175 (c) 1050 (d) 5250
  22. 22.A shopkeeper buys a toy for ₹720 and sells it for ₹648. What is his loss percent? (a) 5% (b) 72% (c) 15% (d) 10%
  23. 23.What is 20% of 880? (a) 704 (b) 176 (c) 352 (d) 1760
  24. 24.A shopkeeper buys a toy for ₹220 and sells it for ₹308. What is his profit percent? (a) 35% (b) 88% (c) 40% (d) 45%
  25. 25.A bag marked ₹280 is sold at a 40% discount. What is its selling price? (a) ₹240 (b) ₹112 (c) ₹168 (d) ₹392
  26. 26.A shopkeeper buys a toy for ₹380 and sells it for ₹228. What is his loss percent? (a) 35% (b) 41% (c) 45% (d) 40%
  27. 27.A shopkeeper buys a toy for ₹480 and sells it for ₹672. What is his profit percent? (a) 40% (b) 45% (c) 35% (d) 41%
  28. 28.What is 40% of 920? (a) 736 (b) 552 (c) 368 (d) 3680
  29. 29.A shopkeeper buys a toy for ₹740 and sells it for ₹777. What is his profit percent? (a) 37% (b) 5% (c) 6% (d) 10%
  30. 30.A bag marked ₹280 is sold at a 15% discount. What is its selling price? (a) ₹265 (b) ₹42 (c) ₹238 (d) ₹322
  31. 31.A shopkeeper buys a toy for ₹160 and sells it for ₹144. What is his loss percent? (a) 16% (b) 15% (c) 5% (d) 10%
  32. 32.A shopkeeper buys a toy for ₹780 and sells it for ₹936. What is his profit percent? (a) 15% (b) 20% (c) 25% (d) 21%
  33. 33.What is 5% of 260? (a) 13 (b) 247 (c) 26 (d) 130
  34. 34.A shopkeeper buys a toy for ₹600 and sells it for ₹540. What is his loss percent? (a) 5% (b) 10% (c) 15% (d) 60%
  35. 35.A bag marked ₹1440 is sold at a 15% discount. What is its selling price? (a) ₹1425 (b) ₹1656 (c) ₹216 (d) ₹1224
  36. 36.A shopkeeper buys a toy for ₹120 and sells it for ₹90. What is his loss percent? (a) 30% (b) 20% (c) 26% (d) 25%
  37. 37.A bag marked ₹1300 is sold at a 20% discount. What is its selling price? (a) ₹260 (b) ₹1560 (c) ₹1280 (d) ₹1040
  38. 38.A shopkeeper buys a toy for ₹300 and sells it for ₹225. What is his loss percent? (a) 20% (b) 30% (c) 75% (d) 25%
  39. 39.A shopkeeper buys a toy for ₹140 and sells it for ₹84. What is his loss percent? (a) 56% (b) 45% (c) 40% (d) 35%
  40. 40.What is 10% of 960? (a) 960 (b) 96 (c) 192 (d) 864

Answer key

  1. ₹280
  2. 15%
  3. 25%
  4. 144
  5. 20%
  6. ₹546
  7. ₹705
  8. 5%
  9. 192
  10. 5%
  11. 25%
  12. ₹972
  13. 20%
  14. 20%
  15. 176
  16. 350
  17. 10%
  18. ₹888
  19. 30%
  20. 210
  21. 525
  22. 10%
  23. 176
  24. 40%
  25. ₹168
  26. 40%
  27. 40%
  28. 368
  29. 5%
  30. ₹238
  31. 10%
  32. 20%
  33. 13
  34. 10%
  35. ₹1224
  36. 25%
  37. ₹1040
  38. 25%
  39. 40%
  40. 96

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