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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 548 · 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 ₹550. What is his profit percent? (a) 50% (b) 15% (c) 5% (d) 10%
  2. 2.A shopkeeper buys a toy for ₹460 and sells it for ₹575. What is his profit percent? (a) 20% (b) 26% (c) 30% (d) 25%
  3. 3.A shopkeeper buys a toy for ₹820 and sells it for ₹902. What is his profit percent? (a) 15% (b) 5% (c) 10% (d) 82%
  4. 4.What is 10% of 940? (a) 94 (b) 188 (c) 940 (d) 846
  5. 5.What is 50% of 960? (a) 960 (b) 4800 (c) 480 (d) 481
  6. 6.A shopkeeper buys a toy for ₹740 and sells it for ₹888. What is his profit percent? (a) 21% (b) 20% (c) 15% (d) 25%
  7. 7.A shopkeeper buys a toy for ₹280 and sells it for ₹196. What is his loss percent? (a) 84% (b) 30% (c) 35% (d) 25%
  8. 8.A shopkeeper buys a toy for ₹480 and sells it for ₹360. What is his loss percent? (a) 26% (b) 30% (c) 20% (d) 25%
  9. 9.What is 50% of 880? (a) 880 (b) 4400 (c) 440 (d) 441
  10. 10.A shopkeeper buys a toy for ₹180 and sells it for ₹207. What is his profit percent? (a) 20% (b) 10% (c) 27% (d) 15%
  11. 11.What is 50% of 620? (a) 620 (b) 3100 (c) 311 (d) 310
  12. 12.A shopkeeper buys a toy for ₹360 and sells it for ₹468. What is his profit percent? (a) 25% (b) 30% (c) 31% (d) 35%
  13. 13.A shopkeeper buys a toy for ₹460 and sells it for ₹391. What is his loss percent? (a) 69% (b) 10% (c) 20% (d) 15%
  14. 14.A bag marked ₹1220 is sold at a 25% discount. What is its selling price? (a) ₹1195 (b) ₹1525 (c) ₹305 (d) ₹915
  15. 15.A shopkeeper buys a toy for ₹160 and sells it for ₹176. What is his profit percent? (a) 15% (b) 5% (c) 16% (d) 10%
  16. 16.What is 75% of 600? (a) 900 (b) 150 (c) 450 (d) 4500
  17. 17.A shopkeeper buys a toy for ₹240 and sells it for ₹288. What is his profit percent? (a) 20% (b) 48% (c) 25% (d) 15%
  18. 18.A bag marked ₹380 is sold at a 15% discount. What is its selling price? (a) ₹323 (b) ₹437 (c) ₹365 (d) ₹57
  19. 19.A bag marked ₹360 is sold at a 25% discount. What is its selling price? (a) ₹90 (b) ₹450 (c) ₹270 (d) ₹335
  20. 20.A shopkeeper buys a toy for ₹440 and sells it for ₹528. What is his profit percent? (a) 15% (b) 20% (c) 25% (d) 88%
  21. 21.A shopkeeper buys a toy for ₹100 and sells it for ₹125. What is his profit percent? (a) 20% (b) 30% (c) 25% (d) 26%
  22. 22.A bag marked ₹1500 is sold at a 25% discount. What is its selling price? (a) ₹1475 (b) ₹375 (c) ₹1125 (d) ₹1875
  23. 23.A bag marked ₹1880 is sold at a 20% discount. What is its selling price? (a) ₹1504 (b) ₹1860 (c) ₹2256 (d) ₹376
  24. 24.A shopkeeper buys a toy for ₹540 and sells it for ₹432. What is his loss percent? (a) 25% (b) 15% (c) 21% (d) 20%
  25. 25.A shopkeeper buys a toy for ₹340 and sells it for ₹510. What is his profit percent? (a) 45% (b) 50% (c) 51% (d) 55%
  26. 26.What is 15% of 100? (a) 30 (b) 150 (c) 85 (d) 15
  27. 27.A shopkeeper buys a toy for ₹600 and sells it for ₹660. What is his profit percent? (a) 15% (b) 10% (c) 5% (d) 60%
  28. 28.A bag marked ₹480 is sold at a 20% discount. What is its selling price? (a) ₹576 (b) ₹384 (c) ₹96 (d) ₹460
  29. 29.A shopkeeper buys a toy for ₹160 and sells it for ₹144. What is his loss percent? (a) 10% (b) 16% (c) 15% (d) 5%
  30. 30.What is 75% of 540? (a) 810 (b) 135 (c) 405 (d) 4050
  31. 31.What is 30% of 200? (a) 120 (b) 60 (c) 600 (d) 140
  32. 32.A bag marked ₹1540 is sold at a 40% discount. What is its selling price? (a) ₹1500 (b) ₹616 (c) ₹924 (d) ₹2156
  33. 33.A bag marked ₹1880 is sold at a 25% discount. What is its selling price? (a) ₹470 (b) ₹1855 (c) ₹2350 (d) ₹1410
  34. 34.A shopkeeper buys a toy for ₹300 and sells it for ₹315. What is his profit percent? (a) 5% (b) 15% (c) 10% (d) 6%
  35. 35.What is 30% of 580? (a) 348 (b) 174 (c) 406 (d) 1740
  36. 36.What is 60% of 900? (a) 1080 (b) 540 (c) 5400 (d) 360
  37. 37.A shopkeeper buys a toy for ₹160 and sells it for ₹96. What is his loss percent? (a) 35% (b) 64% (c) 45% (d) 40%
  38. 38.A bag marked ₹1480 is sold at a 30% discount. What is its selling price? (a) ₹1924 (b) ₹1450 (c) ₹444 (d) ₹1036
  39. 39.A shopkeeper buys a toy for ₹240 and sells it for ₹192. What is his loss percent? (a) 25% (b) 20% (c) 48% (d) 15%
  40. 40.What is 50% of 800? (a) 401 (b) 800 (c) 4000 (d) 400

Answer key

  1. 10%
  2. 25%
  3. 10%
  4. 94
  5. 480
  6. 20%
  7. 30%
  8. 25%
  9. 440
  10. 15%
  11. 310
  12. 30%
  13. 15%
  14. ₹915
  15. 10%
  16. 450
  17. 20%
  18. ₹323
  19. ₹270
  20. 20%
  21. 25%
  22. ₹1125
  23. ₹1504
  24. 20%
  25. 50%
  26. 15
  27. 10%
  28. ₹384
  29. 10%
  30. 405
  31. 60
  32. ₹924
  33. ₹1410
  34. 5%
  35. 174
  36. 540
  37. 40%
  38. ₹1036
  39. 20%
  40. 400

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