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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 755 · 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 ₹740 and sells it for ₹962. What is his profit percent? (a) 35% (b) 30% (c) 31% (d) 25%
  2. 2.A shopkeeper buys a toy for ₹960 and sells it for ₹912. What is his loss percent? (a) 48% (b) 6% (c) 10% (d) 5%
  3. 3.A bag marked ₹1220 is sold at a 15% discount. What is its selling price? (a) ₹1403 (b) ₹1205 (c) ₹1037 (d) ₹183
  4. 4.A shopkeeper buys a toy for ₹800 and sells it for ₹920. What is his profit percent? (a) 16% (b) 10% (c) 20% (d) 15%
  5. 5.A shopkeeper buys a toy for ₹720 and sells it for ₹1080. What is his profit percent? (a) 51% (b) 50% (c) 45% (d) 55%
  6. 6.A bag marked ₹420 is sold at a 15% discount. What is its selling price? (a) ₹357 (b) ₹405 (c) ₹483 (d) ₹63
  7. 7.What is 5% of 960? (a) 96 (b) 912 (c) 48 (d) 480
  8. 8.A bag marked ₹1720 is sold at a 20% discount. What is its selling price? (a) ₹1700 (b) ₹344 (c) ₹2064 (d) ₹1376
  9. 9.A bag marked ₹1360 is sold at a 50% discount. What is its selling price? (a) ₹1310 (b) ₹681 (c) ₹680 (d) ₹2040
  10. 10.A bag marked ₹540 is sold at a 10% discount. What is its selling price? (a) ₹54 (b) ₹594 (c) ₹486 (d) ₹530
  11. 11.A shopkeeper buys a toy for ₹720 and sells it for ₹756. What is his profit percent? (a) 10% (b) 36% (c) 5% (d) 6%
  12. 12.What is 50% of 820? (a) 4100 (b) 410 (c) 411 (d) 820
  13. 13.A bag marked ₹900 is sold at a 30% discount. What is its selling price? (a) ₹1170 (b) ₹270 (c) ₹870 (d) ₹630
  14. 14.A shopkeeper buys a toy for ₹400 and sells it for ₹380. What is his loss percent? (a) 10% (b) 6% (c) 5% (d) 20%
  15. 15.A shopkeeper buys a toy for ₹320 and sells it for ₹384. What is his profit percent? (a) 64% (b) 25% (c) 20% (d) 15%
  16. 16.A shopkeeper buys a toy for ₹260 and sells it for ₹221. What is his loss percent? (a) 20% (b) 15% (c) 10% (d) 39%
  17. 17.A shopkeeper buys a toy for ₹620 and sells it for ₹744. What is his profit percent? (a) 21% (b) 15% (c) 20% (d) 25%
  18. 18.What is 20% of 840? (a) 672 (b) 168 (c) 336 (d) 1680
  19. 19.What is 15% of 820? (a) 123 (b) 697 (c) 246 (d) 1230
  20. 20.A shopkeeper buys a toy for ₹740 and sells it for ₹666. What is his loss percent? (a) 15% (b) 5% (c) 74% (d) 10%
  21. 21.A shopkeeper buys a toy for ₹180 and sells it for ₹126. What is his loss percent? (a) 35% (b) 25% (c) 54% (d) 30%
  22. 22.A shopkeeper buys a toy for ₹280 and sells it for ₹308. What is his profit percent? (a) 5% (b) 15% (c) 28% (d) 10%
  23. 23.A shopkeeper buys a toy for ₹840 and sells it for ₹1050. What is his profit percent? (a) 26% (b) 20% (c) 25% (d) 30%
  24. 24.A bag marked ₹1980 is sold at a 50% discount. What is its selling price? (a) ₹991 (b) ₹990 (c) ₹2970 (d) ₹1930
  25. 25.A shopkeeper buys a toy for ₹100 and sells it for ₹95. What is his loss percent? (a) 10% (b) 5% (c) 6% (d) 4%
  26. 26.A bag marked ₹460 is sold at a 10% discount. What is its selling price? (a) ₹506 (b) ₹450 (c) ₹414 (d) ₹46
  27. 27.What is 30% of 60? (a) 18 (b) 36 (c) 180 (d) 42
  28. 28.What is 15% of 460? (a) 391 (b) 690 (c) 138 (d) 69
  29. 29.A shopkeeper buys a toy for ₹340 and sells it for ₹357. What is his profit percent? (a) 6% (b) 17% (c) 5% (d) 10%
  30. 30.A shopkeeper buys a toy for ₹240 and sells it for ₹276. What is his profit percent? (a) 20% (b) 36% (c) 10% (d) 15%
  31. 31.A shopkeeper buys a toy for ₹880 and sells it for ₹924. What is his profit percent? (a) 6% (b) 10% (c) 5% (d) 44%
  32. 32.A bag marked ₹1520 is sold at a 30% discount. What is its selling price? (a) ₹1064 (b) ₹1490 (c) ₹456 (d) ₹1976
  33. 33.What is 40% of 100? (a) 40 (b) 80 (c) 400 (d) 60
  34. 34.A shopkeeper buys a toy for ₹880 and sells it for ₹1320. What is his profit percent? (a) 45% (b) 55% (c) 51% (d) 50%
  35. 35.What is 5% of 60? (a) 30 (b) 57 (c) 6 (d) 3
  36. 36.A bag marked ₹1900 is sold at a 10% discount. What is its selling price? (a) ₹1890 (b) ₹190 (c) ₹2090 (d) ₹1710
  37. 37.A bag marked ₹400 is sold at a 30% discount. What is its selling price? (a) ₹520 (b) ₹280 (c) ₹120 (d) ₹370
  38. 38.A bag marked ₹260 is sold at a 40% discount. What is its selling price? (a) ₹220 (b) ₹156 (c) ₹104 (d) ₹364
  39. 39.A shopkeeper buys a toy for ₹420 and sells it for ₹357. What is his loss percent? (a) 15% (b) 20% (c) 10% (d) 63%
  40. 40.What is 20% of 380? (a) 152 (b) 760 (c) 304 (d) 76

Answer key

  1. 30%
  2. 5%
  3. ₹1037
  4. 15%
  5. 50%
  6. ₹357
  7. 48
  8. ₹1376
  9. ₹680
  10. ₹486
  11. 5%
  12. 410
  13. ₹630
  14. 5%
  15. 20%
  16. 15%
  17. 20%
  18. 168
  19. 123
  20. 10%
  21. 30%
  22. 10%
  23. 25%
  24. ₹990
  25. 5%
  26. ₹414
  27. 18
  28. 69
  29. 5%
  30. 15%
  31. 5%
  32. ₹1064
  33. 40
  34. 50%
  35. 3
  36. ₹1710
  37. ₹280
  38. ₹156
  39. 15%
  40. 76

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