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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 798 · 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 ₹800 and sells it for ₹1120. What is his profit percent? (a) 45% (b) 35% (c) 41% (d) 40%
  2. 2.A shopkeeper buys a toy for ₹240 and sells it for ₹216. What is his loss percent? (a) 5% (b) 15% (c) 10% (d) 24%
  3. 3.A shopkeeper buys a toy for ₹620 and sells it for ₹589. What is his loss percent? (a) 5% (b) 31% (c) 6% (d) 10%
  4. 4.What is 20% of 540? (a) 108 (b) 1080 (c) 432 (d) 216
  5. 5.What is 75% of 120? (a) 900 (b) 30 (c) 180 (d) 90
  6. 6.What is 60% of 1000? (a) 6000 (b) 1200 (c) 400 (d) 600
  7. 7.What is 5% of 160? (a) 152 (b) 80 (c) 8 (d) 16
  8. 8.What is 50% of 620? (a) 311 (b) 310 (c) 620 (d) 3100
  9. 9.What is 25% of 540? (a) 405 (b) 270 (c) 135 (d) 1350
  10. 10.What is 75% of 660? (a) 990 (b) 165 (c) 495 (d) 4950
  11. 11.A bag marked ₹1000 is sold at a 40% discount. What is its selling price? (a) ₹400 (b) ₹1400 (c) ₹600 (d) ₹960
  12. 12.What is 50% of 880? (a) 441 (b) 440 (c) 880 (d) 4400
  13. 13.A shopkeeper buys a toy for ₹980 and sells it for ₹1176. What is his profit percent? (a) 15% (b) 25% (c) 21% (d) 20%
  14. 14.What is 75% of 860? (a) 1290 (b) 215 (c) 645 (d) 6450
  15. 15.A shopkeeper buys a toy for ₹140 and sells it for ₹119. What is his loss percent? (a) 20% (b) 21% (c) 10% (d) 15%
  16. 16.A shopkeeper buys a toy for ₹160 and sells it for ₹112. What is his loss percent? (a) 48% (b) 35% (c) 30% (d) 25%
  17. 17.A shopkeeper buys a toy for ₹400 and sells it for ₹420. What is his profit percent? (a) 10% (b) 5% (c) 6% (d) 20%
  18. 18.What is 40% of 860? (a) 688 (b) 344 (c) 516 (d) 3440
  19. 19.A shopkeeper buys a toy for ₹100 and sells it for ₹120. What is his profit percent? (a) 25% (b) 21% (c) 15% (d) 20%
  20. 20.A shopkeeper buys a toy for ₹500 and sells it for ₹450. What is his loss percent? (a) 5% (b) 10% (c) 15% (d) 50%
  21. 21.A shopkeeper buys a toy for ₹360 and sells it for ₹324. What is his loss percent? (a) 36% (b) 10% (c) 15% (d) 5%
  22. 22.A shopkeeper buys a toy for ₹640 and sells it for ₹800. What is his profit percent? (a) 30% (b) 26% (c) 25% (d) 20%
  23. 23.A shopkeeper buys a toy for ₹100 and sells it for ₹95. What is his loss percent? (a) 4% (b) 5% (c) 6% (d) 10%
  24. 24.A bag marked ₹640 is sold at a 30% discount. What is its selling price? (a) ₹610 (b) ₹448 (c) ₹832 (d) ₹192
  25. 25.A bag marked ₹800 is sold at a 40% discount. What is its selling price? (a) ₹1120 (b) ₹480 (c) ₹320 (d) ₹760
  26. 26.A shopkeeper buys a toy for ₹980 and sells it for ₹1225. What is his profit percent? (a) 20% (b) 26% (c) 30% (d) 25%
  27. 27.What is 5% of 540? (a) 27 (b) 54 (c) 270 (d) 513
  28. 28.What is 75% of 560? (a) 4200 (b) 840 (c) 420 (d) 140
  29. 29.What is 15% of 620? (a) 527 (b) 930 (c) 93 (d) 186
  30. 30.What is 20% of 760? (a) 1520 (b) 608 (c) 152 (d) 304
  31. 31.A bag marked ₹1640 is sold at a 10% discount. What is its selling price? (a) ₹164 (b) ₹1804 (c) ₹1630 (d) ₹1476
  32. 32.What is 25% of 880? (a) 220 (b) 2200 (c) 660 (d) 440
  33. 33.A shopkeeper buys a toy for ₹240 and sells it for ₹276. What is his profit percent? (a) 15% (b) 20% (c) 10% (d) 36%
  34. 34.What is 50% of 40? (a) 200 (b) 21 (c) 20 (d) 40
  35. 35.A bag marked ₹1080 is sold at a 50% discount. What is its selling price? (a) ₹1620 (b) ₹540 (c) ₹1030 (d) ₹541
  36. 36.What is 25% of 840? (a) 2100 (b) 420 (c) 630 (d) 210
  37. 37.A bag marked ₹260 is sold at a 10% discount. What is its selling price? (a) ₹234 (b) ₹26 (c) ₹250 (d) ₹286
  38. 38.A shopkeeper buys a toy for ₹300 and sells it for ₹270. What is his loss percent? (a) 30% (b) 5% (c) 15% (d) 10%
  39. 39.A bag marked ₹620 is sold at a 40% discount. What is its selling price? (a) ₹248 (b) ₹580 (c) ₹372 (d) ₹868
  40. 40.A shopkeeper buys a toy for ₹920 and sells it for ₹1288. What is his profit percent? (a) 41% (b) 45% (c) 35% (d) 40%

Answer key

  1. 40%
  2. 10%
  3. 5%
  4. 108
  5. 90
  6. 600
  7. 8
  8. 310
  9. 135
  10. 495
  11. ₹600
  12. 440
  13. 20%
  14. 645
  15. 15%
  16. 30%
  17. 5%
  18. 344
  19. 20%
  20. 10%
  21. 10%
  22. 25%
  23. 5%
  24. ₹448
  25. ₹480
  26. 25%
  27. 27
  28. 420
  29. 93
  30. 152
  31. ₹1476
  32. 220
  33. 15%
  34. 20
  35. ₹540
  36. 210
  37. ₹234
  38. 10%
  39. ₹372
  40. 40%

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