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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 638 · 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 ₹480 and sells it for ₹336. What is his loss percent? (a) 25% (b) 30% (c) 31% (d) 35%
  2. 2.A shopkeeper buys a toy for ₹300 and sells it for ₹330. What is his profit percent? (a) 15% (b) 5% (c) 10% (d) 30%
  3. 3.A shopkeeper buys a toy for ₹760 and sells it for ₹874. What is his profit percent? (a) 16% (b) 20% (c) 15% (d) 10%
  4. 4.A shopkeeper buys a toy for ₹780 and sells it for ₹897. What is his profit percent? (a) 20% (b) 10% (c) 15% (d) 16%
  5. 5.A shopkeeper buys a toy for ₹240 and sells it for ₹252. What is his profit percent? (a) 6% (b) 5% (c) 12% (d) 10%
  6. 6.What is 25% of 720? (a) 360 (b) 540 (c) 1800 (d) 180
  7. 7.What is 75% of 200? (a) 300 (b) 50 (c) 1500 (d) 150
  8. 8.A shopkeeper buys a toy for ₹760 and sells it for ₹722. What is his loss percent? (a) 10% (b) 6% (c) 5% (d) 38%
  9. 9.A shopkeeper buys a toy for ₹200 and sells it for ₹240. What is his profit percent? (a) 40% (b) 20% (c) 15% (d) 25%
  10. 10.What is 10% of 100? (a) 90 (b) 20 (c) 10 (d) 100
  11. 11.A shopkeeper buys a toy for ₹560 and sells it for ₹392. What is his loss percent? (a) 31% (b) 30% (c) 25% (d) 35%
  12. 12.A shopkeeper buys a toy for ₹400 and sells it for ₹340. What is his loss percent? (a) 10% (b) 60% (c) 20% (d) 15%
  13. 13.A bag marked ₹1900 is sold at a 10% discount. What is its selling price? (a) ₹1890 (b) ₹1710 (c) ₹190 (d) ₹2090
  14. 14.A shopkeeper buys a toy for ₹100 and sells it for ₹95. What is his loss percent? (a) 10% (b) 4% (c) 6% (d) 5%
  15. 15.A bag marked ₹1240 is sold at a 25% discount. What is its selling price? (a) ₹1550 (b) ₹310 (c) ₹1215 (d) ₹930
  16. 16.What is 50% of 100? (a) 50 (b) 51 (c) 100 (d) 500
  17. 17.A bag marked ₹560 is sold at a 40% discount. What is its selling price? (a) ₹224 (b) ₹336 (c) ₹520 (d) ₹784
  18. 18.A shopkeeper buys a toy for ₹220 and sells it for ₹231. What is his profit percent? (a) 5% (b) 10% (c) 6% (d) 11%
  19. 19.A shopkeeper buys a toy for ₹120 and sells it for ₹72. What is his loss percent? (a) 48% (b) 35% (c) 45% (d) 40%
  20. 20.A bag marked ₹1260 is sold at a 40% discount. What is its selling price? (a) ₹756 (b) ₹504 (c) ₹1764 (d) ₹1220
  21. 21.A bag marked ₹1280 is sold at a 25% discount. What is its selling price? (a) ₹1255 (b) ₹960 (c) ₹320 (d) ₹1600
  22. 22.What is 5% of 240? (a) 24 (b) 12 (c) 120 (d) 228
  23. 23.A bag marked ₹1400 is sold at a 50% discount. What is its selling price? (a) ₹2100 (b) ₹700 (c) ₹701 (d) ₹1350
  24. 24.What is 75% of 640? (a) 4800 (b) 160 (c) 480 (d) 960
  25. 25.A bag marked ₹780 is sold at a 10% discount. What is its selling price? (a) ₹858 (b) ₹770 (c) ₹702 (d) ₹78
  26. 26.What is 75% of 480? (a) 360 (b) 3600 (c) 720 (d) 120
  27. 27.A shopkeeper buys a toy for ₹300 and sells it for ₹345. What is his profit percent? (a) 10% (b) 20% (c) 45% (d) 15%
  28. 28.A shopkeeper buys a toy for ₹740 and sells it for ₹888. What is his profit percent? (a) 20% (b) 25% (c) 21% (d) 15%
  29. 29.What is 5% of 680? (a) 646 (b) 68 (c) 340 (d) 34
  30. 30.What is 40% of 80? (a) 64 (b) 320 (c) 32 (d) 48
  31. 31.What is 40% of 660? (a) 396 (b) 528 (c) 2640 (d) 264
  32. 32.A bag marked ₹1280 is sold at a 15% discount. What is its selling price? (a) ₹1265 (b) ₹1088 (c) ₹192 (d) ₹1472
  33. 33.What is 5% of 940? (a) 47 (b) 94 (c) 893 (d) 470
  34. 34.A shopkeeper buys a toy for ₹160 and sells it for ₹152. What is his loss percent? (a) 6% (b) 5% (c) 8% (d) 10%
  35. 35.What is 15% of 260? (a) 221 (b) 390 (c) 78 (d) 39
  36. 36.A shopkeeper buys a toy for ₹320 and sells it for ₹336. What is his profit percent? (a) 16% (b) 5% (c) 10% (d) 6%
  37. 37.What is 50% of 80? (a) 40 (b) 41 (c) 80 (d) 400
  38. 38.What is 10% of 740? (a) 666 (b) 74 (c) 740 (d) 148
  39. 39.What is 30% of 540? (a) 378 (b) 324 (c) 162 (d) 1620
  40. 40.A shopkeeper buys a toy for ₹320 and sells it for ₹400. What is his profit percent? (a) 20% (b) 25% (c) 30% (d) 80%

Answer key

  1. 30%
  2. 10%
  3. 15%
  4. 15%
  5. 5%
  6. 180
  7. 150
  8. 5%
  9. 20%
  10. 10
  11. 30%
  12. 15%
  13. ₹1710
  14. 5%
  15. ₹930
  16. 50
  17. ₹336
  18. 5%
  19. 40%
  20. ₹756
  21. ₹960
  22. 12
  23. ₹700
  24. 480
  25. ₹702
  26. 360
  27. 15%
  28. 20%
  29. 34
  30. 32
  31. 264
  32. ₹1088
  33. 47
  34. 5%
  35. 39
  36. 5%
  37. 40
  38. 74
  39. 162
  40. 25%

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