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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 56 · 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 ₹1280 is sold at a 40% discount. What is its selling price? (a) ₹1792 (b) ₹1240 (c) ₹768 (d) ₹512
  2. 2.A shopkeeper buys a toy for ₹580 and sells it for ₹667. What is his profit percent? (a) 15% (b) 10% (c) 20% (d) 87%
  3. 3.A bag marked ₹700 is sold at a 50% discount. What is its selling price? (a) ₹650 (b) ₹350 (c) ₹351 (d) ₹1050
  4. 4.A bag marked ₹600 is sold at a 50% discount. What is its selling price? (a) ₹550 (b) ₹300 (c) ₹301 (d) ₹900
  5. 5.A shopkeeper buys a toy for ₹340 and sells it for ₹510. What is his profit percent? (a) 51% (b) 55% (c) 50% (d) 45%
  6. 6.A shopkeeper buys a toy for ₹520 and sells it for ₹468. What is his loss percent? (a) 10% (b) 5% (c) 15% (d) 52%
  7. 7.A shopkeeper buys a toy for ₹800 and sells it for ₹840. What is his profit percent? (a) 40% (b) 5% (c) 6% (d) 10%
  8. 8.What is 50% of 580? (a) 290 (b) 2900 (c) 291 (d) 580
  9. 9.What is 5% of 660? (a) 33 (b) 330 (c) 627 (d) 66
  10. 10.A bag marked ₹960 is sold at a 50% discount. What is its selling price? (a) ₹910 (b) ₹1440 (c) ₹480 (d) ₹481
  11. 11.A shopkeeper buys a toy for ₹200 and sells it for ₹160. What is his loss percent? (a) 15% (b) 40% (c) 20% (d) 25%
  12. 12.What is 30% of 420? (a) 252 (b) 126 (c) 1260 (d) 294
  13. 13.What is 25% of 460? (a) 230 (b) 345 (c) 1150 (d) 115
  14. 14.A shopkeeper buys a toy for ₹840 and sells it for ₹966. What is his profit percent? (a) 10% (b) 16% (c) 20% (d) 15%
  15. 15.A bag marked ₹1360 is sold at a 10% discount. What is its selling price? (a) ₹1496 (b) ₹1224 (c) ₹1350 (d) ₹136
  16. 16.A bag marked ₹1340 is sold at a 15% discount. What is its selling price? (a) ₹1541 (b) ₹201 (c) ₹1325 (d) ₹1139
  17. 17.What is 50% of 120? (a) 600 (b) 61 (c) 60 (d) 120
  18. 18.A bag marked ₹1280 is sold at a 10% discount. What is its selling price? (a) ₹1270 (b) ₹1152 (c) ₹128 (d) ₹1408
  19. 19.A shopkeeper buys a toy for ₹780 and sells it for ₹741. What is his loss percent? (a) 39% (b) 5% (c) 10% (d) 6%
  20. 20.What is 60% of 280? (a) 168 (b) 336 (c) 1680 (d) 112
  21. 21.What is 25% of 520? (a) 130 (b) 260 (c) 390 (d) 1300
  22. 22.What is 30% of 860? (a) 602 (b) 2580 (c) 258 (d) 516
  23. 23.A bag marked ₹1820 is sold at a 20% discount. What is its selling price? (a) ₹364 (b) ₹1800 (c) ₹2184 (d) ₹1456
  24. 24.A shopkeeper buys a toy for ₹100 and sells it for ₹80. What is his loss percent? (a) 25% (b) 20% (c) 21% (d) 15%
  25. 25.What is 10% of 160? (a) 144 (b) 160 (c) 16 (d) 32
  26. 26.A bag marked ₹1360 is sold at a 20% discount. What is its selling price? (a) ₹272 (b) ₹1088 (c) ₹1340 (d) ₹1632
  27. 27.A shopkeeper buys a toy for ₹440 and sells it for ₹528. What is his profit percent? (a) 15% (b) 20% (c) 88% (d) 25%
  28. 28.A bag marked ₹820 is sold at a 50% discount. What is its selling price? (a) ₹410 (b) ₹770 (c) ₹1230 (d) ₹411
  29. 29.A bag marked ₹340 is sold at a 10% discount. What is its selling price? (a) ₹306 (b) ₹330 (c) ₹374 (d) ₹34
  30. 30.A bag marked ₹1860 is sold at a 10% discount. What is its selling price? (a) ₹1674 (b) ₹186 (c) ₹1850 (d) ₹2046
  31. 31.What is 60% of 100? (a) 40 (b) 120 (c) 600 (d) 60
  32. 32.A shopkeeper buys a toy for ₹880 and sells it for ₹924. What is his profit percent? (a) 5% (b) 44% (c) 6% (d) 10%
  33. 33.What is 40% of 460? (a) 276 (b) 184 (c) 1840 (d) 368
  34. 34.A shopkeeper buys a toy for ₹340 and sells it for ₹289. What is his loss percent? (a) 51% (b) 20% (c) 15% (d) 10%
  35. 35.A shopkeeper buys a toy for ₹500 and sells it for ₹575. What is his profit percent? (a) 75% (b) 20% (c) 10% (d) 15%
  36. 36.What is 10% of 80? (a) 8 (b) 72 (c) 80 (d) 16
  37. 37.A shopkeeper buys a toy for ₹460 and sells it for ₹506. What is his profit percent? (a) 46% (b) 5% (c) 15% (d) 10%
  38. 38.A shopkeeper buys a toy for ₹640 and sells it for ₹672. What is his profit percent? (a) 10% (b) 32% (c) 6% (d) 5%
  39. 39.A shopkeeper buys a toy for ₹300 and sells it for ₹375. What is his profit percent? (a) 25% (b) 30% (c) 20% (d) 75%
  40. 40.What is 50% of 980? (a) 491 (b) 980 (c) 4900 (d) 490

Answer key

  1. ₹768
  2. 15%
  3. ₹350
  4. ₹300
  5. 50%
  6. 10%
  7. 5%
  8. 290
  9. 33
  10. ₹480
  11. 20%
  12. 126
  13. 115
  14. 15%
  15. ₹1224
  16. ₹1139
  17. 60
  18. ₹1152
  19. 5%
  20. 168
  21. 130
  22. 258
  23. ₹1456
  24. 20%
  25. 16
  26. ₹1088
  27. 20%
  28. ₹410
  29. ₹306
  30. ₹1674
  31. 60
  32. 5%
  33. 184
  34. 15%
  35. 15%
  36. 8
  37. 10%
  38. 5%
  39. 25%
  40. 490

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