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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 909 · 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 ₹600 and sells it for ₹480. What is his loss percent? (a) 15% (b) 21% (c) 25% (d) 20%
  2. 2.What is 5% of 420? (a) 210 (b) 42 (c) 21 (d) 399
  3. 3.A bag marked ₹720 is sold at a 15% discount. What is its selling price? (a) ₹705 (b) ₹108 (c) ₹828 (d) ₹612
  4. 4.A bag marked ₹1960 is sold at a 25% discount. What is its selling price? (a) ₹2450 (b) ₹490 (c) ₹1935 (d) ₹1470
  5. 5.A shopkeeper buys a toy for ₹960 and sells it for ₹1344. What is his profit percent? (a) 40% (b) 45% (c) 35% (d) 41%
  6. 6.A bag marked ₹960 is sold at a 15% discount. What is its selling price? (a) ₹1104 (b) ₹144 (c) ₹816 (d) ₹945
  7. 7.A bag marked ₹640 is sold at a 25% discount. What is its selling price? (a) ₹615 (b) ₹480 (c) ₹160 (d) ₹800
  8. 8.A shopkeeper buys a toy for ₹520 and sells it for ₹390. What is his loss percent? (a) 30% (b) 20% (c) 25% (d) 26%
  9. 9.A shopkeeper buys a toy for ₹660 and sells it for ₹990. What is his profit percent? (a) 55% (b) 51% (c) 50% (d) 45%
  10. 10.A shopkeeper buys a toy for ₹660 and sells it for ₹627. What is his loss percent? (a) 33% (b) 5% (c) 6% (d) 10%
  11. 11.A shopkeeper buys a toy for ₹500 and sells it for ₹550. What is his profit percent? (a) 5% (b) 50% (c) 10% (d) 15%
  12. 12.A shopkeeper buys a toy for ₹560 and sells it for ₹784. What is his profit percent? (a) 40% (b) 35% (c) 41% (d) 45%
  13. 13.A shopkeeper buys a toy for ₹320 and sells it for ₹304. What is his loss percent? (a) 16% (b) 6% (c) 10% (d) 5%
  14. 14.A shopkeeper buys a toy for ₹480 and sells it for ₹528. What is his profit percent? (a) 5% (b) 15% (c) 10% (d) 48%
  15. 15.A shopkeeper buys a toy for ₹500 and sells it for ₹375. What is his loss percent? (a) 20% (b) 26% (c) 30% (d) 25%
  16. 16.What is 60% of 740? (a) 4440 (b) 888 (c) 444 (d) 296
  17. 17.A bag marked ₹500 is sold at a 40% discount. What is its selling price? (a) ₹700 (b) ₹300 (c) ₹460 (d) ₹200
  18. 18.A shopkeeper buys a toy for ₹680 and sells it for ₹510. What is his loss percent? (a) 20% (b) 26% (c) 30% (d) 25%
  19. 19.What is 40% of 720? (a) 432 (b) 576 (c) 2880 (d) 288
  20. 20.A shopkeeper buys a toy for ₹240 and sells it for ₹276. What is his profit percent? (a) 20% (b) 15% (c) 36% (d) 10%
  21. 21.A bag marked ₹1880 is sold at a 25% discount. What is its selling price? (a) ₹1410 (b) ₹470 (c) ₹2350 (d) ₹1855
  22. 22.A shopkeeper buys a toy for ₹940 and sells it for ₹846. What is his loss percent? (a) 15% (b) 10% (c) 94% (d) 5%
  23. 23.A bag marked ₹1400 is sold at a 40% discount. What is its selling price? (a) ₹560 (b) ₹1960 (c) ₹1360 (d) ₹840
  24. 24.A bag marked ₹400 is sold at a 40% discount. What is its selling price? (a) ₹360 (b) ₹160 (c) ₹560 (d) ₹240
  25. 25.What is 50% of 220? (a) 111 (b) 110 (c) 1100 (d) 220
  26. 26.What is 30% of 980? (a) 294 (b) 588 (c) 2940 (d) 686
  27. 27.A shopkeeper buys a toy for ₹900 and sells it for ₹675. What is his loss percent? (a) 20% (b) 25% (c) 26% (d) 30%
  28. 28.A shopkeeper buys a toy for ₹540 and sells it for ₹513. What is his loss percent? (a) 27% (b) 6% (c) 10% (d) 5%
  29. 29.A bag marked ₹1200 is sold at a 15% discount. What is its selling price? (a) ₹1185 (b) ₹1020 (c) ₹180 (d) ₹1380
  30. 30.What is 20% of 340? (a) 272 (b) 68 (c) 136 (d) 680
  31. 31.A shopkeeper buys a toy for ₹120 and sells it for ₹84. What is his loss percent? (a) 30% (b) 36% (c) 25% (d) 35%
  32. 32.A shopkeeper buys a toy for ₹480 and sells it for ₹552. What is his profit percent? (a) 72% (b) 10% (c) 15% (d) 20%
  33. 33.A bag marked ₹400 is sold at a 25% discount. What is its selling price? (a) ₹100 (b) ₹375 (c) ₹500 (d) ₹300
  34. 34.A shopkeeper buys a toy for ₹940 and sells it for ₹1034. What is his profit percent? (a) 5% (b) 15% (c) 94% (d) 10%
  35. 35.A shopkeeper buys a toy for ₹460 and sells it for ₹529. What is his profit percent? (a) 15% (b) 10% (c) 69% (d) 20%
  36. 36.A shopkeeper buys a toy for ₹800 and sells it for ₹480. What is his loss percent? (a) 41% (b) 35% (c) 45% (d) 40%
  37. 37.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%
  38. 38.A shopkeeper buys a toy for ₹400 and sells it for ₹600. What is his profit percent? (a) 50% (b) 45% (c) 55% (d) 51%
  39. 39.A bag marked ₹500 is sold at a 50% discount. What is its selling price? (a) ₹450 (b) ₹750 (c) ₹251 (d) ₹250
  40. 40.What is 5% of 100? (a) 10 (b) 95 (c) 5 (d) 50

Answer key

  1. 20%
  2. 21
  3. ₹612
  4. ₹1470
  5. 40%
  6. ₹816
  7. ₹480
  8. 25%
  9. 50%
  10. 5%
  11. 10%
  12. 40%
  13. 5%
  14. 10%
  15. 25%
  16. 444
  17. ₹300
  18. 25%
  19. 288
  20. 15%
  21. ₹1410
  22. 10%
  23. ₹840
  24. ₹240
  25. 110
  26. 294
  27. 25%
  28. 5%
  29. ₹1020
  30. 68
  31. 30%
  32. 15%
  33. ₹300
  34. 10%
  35. 15%
  36. 40%
  37. 10%
  38. 50%
  39. ₹250
  40. 5

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