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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 7 · 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 ₹1240 is sold at a 20% discount. What is its selling price? (a) ₹248 (b) ₹992 (c) ₹1220 (d) ₹1488
  2. 2.A shopkeeper buys a toy for ₹300 and sells it for ₹360. What is his profit percent? (a) 20% (b) 60% (c) 15% (d) 25%
  3. 3.A bag marked ₹960 is sold at a 10% discount. What is its selling price? (a) ₹864 (b) ₹1056 (c) ₹96 (d) ₹950
  4. 4.What is 5% of 500? (a) 50 (b) 250 (c) 25 (d) 475
  5. 5.What is 10% of 140? (a) 126 (b) 140 (c) 14 (d) 28
  6. 6.What is 5% of 600? (a) 60 (b) 300 (c) 30 (d) 570
  7. 7.A shopkeeper buys a toy for ₹360 and sells it for ₹468. What is his profit percent? (a) 25% (b) 31% (c) 30% (d) 35%
  8. 8.A shopkeeper buys a toy for ₹720 and sells it for ₹648. What is his loss percent? (a) 10% (b) 5% (c) 15% (d) 72%
  9. 9.A bag marked ₹1000 is sold at a 40% discount. What is its selling price? (a) ₹960 (b) ₹600 (c) ₹1400 (d) ₹400
  10. 10.A shopkeeper buys a toy for ₹1000 and sells it for ₹750. What is his loss percent? (a) 25% (b) 30% (c) 26% (d) 20%
  11. 11.A shopkeeper buys a toy for ₹100 and sells it for ₹80. What is his loss percent? (a) 25% (b) 21% (c) 20% (d) 15%
  12. 12.A shopkeeper buys a toy for ₹880 and sells it for ₹616. What is his loss percent? (a) 25% (b) 30% (c) 31% (d) 35%
  13. 13.A bag marked ₹1800 is sold at a 15% discount. What is its selling price? (a) ₹2070 (b) ₹270 (c) ₹1530 (d) ₹1785
  14. 14.A shopkeeper buys a toy for ₹420 and sells it for ₹336. What is his loss percent? (a) 84% (b) 15% (c) 20% (d) 25%
  15. 15.A shopkeeper buys a toy for ₹440 and sells it for ₹660. What is his profit percent? (a) 51% (b) 55% (c) 50% (d) 45%
  16. 16.A bag marked ₹860 is sold at a 25% discount. What is its selling price? (a) ₹1075 (b) ₹215 (c) ₹645 (d) ₹835
  17. 17.What is 25% of 180? (a) 45 (b) 135 (c) 90 (d) 450
  18. 18.A shopkeeper buys a toy for ₹520 and sells it for ₹624. What is his profit percent? (a) 15% (b) 21% (c) 25% (d) 20%
  19. 19.A shopkeeper buys a toy for ₹100 and sells it for ₹140. What is his profit percent? (a) 41% (b) 40% (c) 45% (d) 35%
  20. 20.A shopkeeper buys a toy for ₹160 and sells it for ₹224. What is his profit percent? (a) 35% (b) 64% (c) 40% (d) 45%
  21. 21.A shopkeeper buys a toy for ₹300 and sells it for ₹420. What is his profit percent? (a) 45% (b) 40% (c) 35% (d) 41%
  22. 22.A shopkeeper buys a toy for ₹580 and sells it for ₹493. What is his loss percent? (a) 87% (b) 10% (c) 15% (d) 20%
  23. 23.A shopkeeper buys a toy for ₹140 and sells it for ₹98. What is his loss percent? (a) 42% (b) 30% (c) 25% (d) 35%
  24. 24.A shopkeeper buys a toy for ₹200 and sells it for ₹250. What is his profit percent? (a) 50% (b) 20% (c) 30% (d) 25%
  25. 25.A shopkeeper buys a toy for ₹100 and sells it for ₹115. What is his profit percent? (a) 15% (b) 10% (c) 16% (d) 20%
  26. 26.What is 50% of 840? (a) 4200 (b) 840 (c) 421 (d) 420
  27. 27.A shopkeeper buys a toy for ₹640 and sells it for ₹832. What is his profit percent? (a) 35% (b) 30% (c) 31% (d) 25%
  28. 28.A shopkeeper buys a toy for ₹340 and sells it for ₹442. What is his profit percent? (a) 25% (b) 31% (c) 30% (d) 35%
  29. 29.A shopkeeper buys a toy for ₹440 and sells it for ₹418. What is his loss percent? (a) 5% (b) 22% (c) 6% (d) 10%
  30. 30.A shopkeeper buys a toy for ₹520 and sells it for ₹598. What is his profit percent? (a) 10% (b) 78% (c) 15% (d) 20%
  31. 31.What is 20% of 120? (a) 240 (b) 48 (c) 24 (d) 96
  32. 32.A bag marked ₹1440 is sold at a 20% discount. What is its selling price? (a) ₹1152 (b) ₹1728 (c) ₹288 (d) ₹1420
  33. 33.A shopkeeper buys a toy for ₹800 and sells it for ₹840. What is his profit percent? (a) 5% (b) 10% (c) 6% (d) 40%
  34. 34.A shopkeeper buys a toy for ₹680 and sells it for ₹782. What is his profit percent? (a) 10% (b) 15% (c) 20% (d) 16%
  35. 35.What is 25% of 80? (a) 60 (b) 20 (c) 200 (d) 40
  36. 36.A shopkeeper buys a toy for ₹140 and sells it for ₹147. What is his profit percent? (a) 6% (b) 10% (c) 5% (d) 7%
  37. 37.What is 60% of 460? (a) 552 (b) 2760 (c) 184 (d) 276
  38. 38.What is 25% of 840? (a) 420 (b) 2100 (c) 210 (d) 630
  39. 39.What is 20% of 760? (a) 1520 (b) 152 (c) 608 (d) 304
  40. 40.A shopkeeper buys a toy for ₹840 and sells it for ₹1050. What is his profit percent? (a) 25% (b) 30% (c) 20% (d) 26%

Answer key

  1. ₹992
  2. 20%
  3. ₹864
  4. 25
  5. 14
  6. 30
  7. 30%
  8. 10%
  9. ₹600
  10. 25%
  11. 20%
  12. 30%
  13. ₹1530
  14. 20%
  15. 50%
  16. ₹645
  17. 45
  18. 20%
  19. 40%
  20. 40%
  21. 40%
  22. 15%
  23. 30%
  24. 25%
  25. 15%
  26. 420
  27. 30%
  28. 30%
  29. 5%
  30. 15%
  31. 24
  32. ₹1152
  33. 5%
  34. 15%
  35. 20
  36. 5%
  37. 276
  38. 210
  39. 152
  40. 25%

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