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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 637 · 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 ₹260 and sells it for ₹195. What is his loss percent? (a) 65% (b) 25% (c) 30% (d) 20%
  2. 2.A shopkeeper buys a toy for ₹740 and sells it for ₹777. What is his profit percent? (a) 10% (b) 5% (c) 37% (d) 6%
  3. 3.A bag marked ₹1620 is sold at a 40% discount. What is its selling price? (a) ₹1580 (b) ₹972 (c) ₹2268 (d) ₹648
  4. 4.A shopkeeper buys a toy for ₹320 and sells it for ₹256. What is his loss percent? (a) 15% (b) 25% (c) 20% (d) 64%
  5. 5.A shopkeeper buys a toy for ₹700 and sells it for ₹840. What is his profit percent? (a) 15% (b) 21% (c) 25% (d) 20%
  6. 6.A bag marked ₹1940 is sold at a 40% discount. What is its selling price? (a) ₹776 (b) ₹1900 (c) ₹2716 (d) ₹1164
  7. 7.A shopkeeper buys a toy for ₹300 and sells it for ₹285. What is his loss percent? (a) 15% (b) 5% (c) 6% (d) 10%
  8. 8.What is 25% of 680? (a) 340 (b) 170 (c) 1700 (d) 510
  9. 9.What is 40% of 580? (a) 2320 (b) 348 (c) 464 (d) 232
  10. 10.A shopkeeper buys a toy for ₹580 and sells it for ₹348. What is his loss percent? (a) 45% (b) 40% (c) 41% (d) 35%
  11. 11.A bag marked ₹920 is sold at a 40% discount. What is its selling price? (a) ₹1288 (b) ₹368 (c) ₹880 (d) ₹552
  12. 12.What is 5% of 580? (a) 551 (b) 290 (c) 29 (d) 58
  13. 13.A shopkeeper buys a toy for ₹480 and sells it for ₹600. What is his profit percent? (a) 20% (b) 25% (c) 30% (d) 26%
  14. 14.What is 50% of 700? (a) 350 (b) 700 (c) 351 (d) 3500
  15. 15.A shopkeeper buys a toy for ₹880 and sells it for ₹792. What is his loss percent? (a) 10% (b) 5% (c) 88% (d) 15%
  16. 16.A bag marked ₹1420 is sold at a 40% discount. What is its selling price? (a) ₹568 (b) ₹1380 (c) ₹852 (d) ₹1988
  17. 17.A shopkeeper buys a toy for ₹1000 and sells it for ₹700. What is his loss percent? (a) 25% (b) 30% (c) 31% (d) 35%
  18. 18.What is 25% of 700? (a) 350 (b) 175 (c) 1750 (d) 525
  19. 19.A bag marked ₹900 is sold at a 50% discount. What is its selling price? (a) ₹451 (b) ₹1350 (c) ₹850 (d) ₹450
  20. 20.A bag marked ₹1580 is sold at a 15% discount. What is its selling price? (a) ₹1565 (b) ₹237 (c) ₹1343 (d) ₹1817
  21. 21.A bag marked ₹1420 is sold at a 10% discount. What is its selling price? (a) ₹142 (b) ₹1562 (c) ₹1278 (d) ₹1410
  22. 22.What is 10% of 1000? (a) 900 (b) 200 (c) 100 (d) 1000
  23. 23.A bag marked ₹1320 is sold at a 10% discount. What is its selling price? (a) ₹1188 (b) ₹132 (c) ₹1452 (d) ₹1310
  24. 24.A shopkeeper buys a toy for ₹400 and sells it for ₹440. What is his profit percent? (a) 10% (b) 40% (c) 5% (d) 15%
  25. 25.What is 15% of 120? (a) 18 (b) 180 (c) 36 (d) 102
  26. 26.A shopkeeper buys a toy for ₹340 and sells it for ₹425. What is his profit percent? (a) 20% (b) 25% (c) 85% (d) 30%
  27. 27.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%
  28. 28.A shopkeeper buys a toy for ₹500 and sells it for ₹375. What is his loss percent? (a) 30% (b) 26% (c) 25% (d) 20%
  29. 29.What is 50% of 560? (a) 281 (b) 560 (c) 2800 (d) 280
  30. 30.A shopkeeper buys a toy for ₹260 and sells it for ₹156. What is his loss percent? (a) 40% (b) 45% (c) 41% (d) 35%
  31. 31.A bag marked ₹840 is sold at a 15% discount. What is its selling price? (a) ₹126 (b) ₹825 (c) ₹966 (d) ₹714
  32. 32.A shopkeeper buys a toy for ₹260 and sells it for ₹299. What is his profit percent? (a) 39% (b) 10% (c) 15% (d) 20%
  33. 33.A shopkeeper buys a toy for ₹360 and sells it for ₹306. What is his loss percent? (a) 54% (b) 20% (c) 15% (d) 10%
  34. 34.A shopkeeper buys a toy for ₹740 and sells it for ₹666. What is his loss percent? (a) 5% (b) 74% (c) 10% (d) 15%
  35. 35.What is 50% of 960? (a) 4800 (b) 480 (c) 960 (d) 481
  36. 36.A shopkeeper buys a toy for ₹600 and sells it for ₹660. What is his profit percent? (a) 5% (b) 60% (c) 15% (d) 10%
  37. 37.What is 25% of 520? (a) 1300 (b) 260 (c) 390 (d) 130
  38. 38.A bag marked ₹900 is sold at a 25% discount. What is its selling price? (a) ₹875 (b) ₹675 (c) ₹1125 (d) ₹225
  39. 39.A shopkeeper buys a toy for ₹740 and sells it for ₹518. What is his loss percent? (a) 31% (b) 30% (c) 25% (d) 35%
  40. 40.A shopkeeper buys a toy for ₹440 and sells it for ₹506. What is his profit percent? (a) 15% (b) 66% (c) 10% (d) 20%

Answer key

  1. 25%
  2. 5%
  3. ₹972
  4. 20%
  5. 20%
  6. ₹1164
  7. 5%
  8. 170
  9. 232
  10. 40%
  11. ₹552
  12. 29
  13. 25%
  14. 350
  15. 10%
  16. ₹852
  17. 30%
  18. 175
  19. ₹450
  20. ₹1343
  21. ₹1278
  22. 100
  23. ₹1188
  24. 10%
  25. 18
  26. 25%
  27. 10%
  28. 25%
  29. 280
  30. 40%
  31. ₹714
  32. 15%
  33. 15%
  34. 10%
  35. 480
  36. 10%
  37. 130
  38. ₹675
  39. 30%
  40. 15%

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