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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 928 · 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 ₹880 and sells it for ₹924. What is his profit percent? (a) 5% (b) 6% (c) 44% (d) 10%
  2. 2.What is 30% of 440? (a) 132 (b) 1320 (c) 264 (d) 308
  3. 3.A shopkeeper buys a toy for ₹620 and sells it for ₹589. What is his loss percent? (a) 6% (b) 31% (c) 10% (d) 5%
  4. 4.A bag marked ₹1560 is sold at a 30% discount. What is its selling price? (a) ₹1530 (b) ₹1092 (c) ₹468 (d) ₹2028
  5. 5.A bag marked ₹2000 is sold at a 50% discount. What is its selling price? (a) ₹1950 (b) ₹3000 (c) ₹1001 (d) ₹1000
  6. 6.What is 50% of 460? (a) 2300 (b) 460 (c) 231 (d) 230
  7. 7.What is 40% of 420? (a) 252 (b) 336 (c) 1680 (d) 168
  8. 8.A shopkeeper buys a toy for ₹500 and sells it for ₹600. What is his profit percent? (a) 20% (b) 21% (c) 15% (d) 25%
  9. 9.What is 60% of 540? (a) 3240 (b) 216 (c) 324 (d) 648
  10. 10.A shopkeeper buys a toy for ₹380 and sells it for ₹437. What is his profit percent? (a) 15% (b) 57% (c) 20% (d) 10%
  11. 11.A shopkeeper buys a toy for ₹500 and sells it for ₹400. What is his loss percent? (a) 25% (b) 21% (c) 15% (d) 20%
  12. 12.What is 10% of 340? (a) 34 (b) 340 (c) 68 (d) 306
  13. 13.A shopkeeper buys a toy for ₹980 and sells it for ₹1127. What is his profit percent? (a) 20% (b) 15% (c) 16% (d) 10%
  14. 14.What is 5% of 240? (a) 24 (b) 228 (c) 12 (d) 120
  15. 15.What is 5% of 960? (a) 48 (b) 96 (c) 912 (d) 480
  16. 16.What is 5% of 360? (a) 342 (b) 180 (c) 36 (d) 18
  17. 17.A shopkeeper buys a toy for ₹600 and sells it for ₹720. What is his profit percent? (a) 15% (b) 20% (c) 21% (d) 25%
  18. 18.What is 60% of 280? (a) 112 (b) 336 (c) 1680 (d) 168
  19. 19.A bag marked ₹1120 is sold at a 25% discount. What is its selling price? (a) ₹280 (b) ₹1400 (c) ₹1095 (d) ₹840
  20. 20.What is 60% of 260? (a) 1560 (b) 312 (c) 156 (d) 104
  21. 21.A shopkeeper buys a toy for ₹200 and sells it for ₹120. What is his loss percent? (a) 80% (b) 40% (c) 45% (d) 35%
  22. 22.A bag marked ₹640 is sold at a 15% discount. What is its selling price? (a) ₹625 (b) ₹736 (c) ₹96 (d) ₹544
  23. 23.A shopkeeper buys a toy for ₹620 and sells it for ₹868. What is his profit percent? (a) 35% (b) 45% (c) 41% (d) 40%
  24. 24.A bag marked ₹1360 is sold at a 20% discount. What is its selling price? (a) ₹1632 (b) ₹1088 (c) ₹272 (d) ₹1340
  25. 25.A shopkeeper buys a toy for ₹540 and sells it for ₹432. What is his loss percent? (a) 20% (b) 25% (c) 21% (d) 15%
  26. 26.What is 20% of 120? (a) 240 (b) 96 (c) 48 (d) 24
  27. 27.A shopkeeper buys a toy for ₹760 and sells it for ₹570. What is his loss percent? (a) 26% (b) 30% (c) 20% (d) 25%
  28. 28.A shopkeeper buys a toy for ₹100 and sells it for ₹150. What is his profit percent? (a) 51% (b) 55% (c) 45% (d) 50%
  29. 29.A shopkeeper buys a toy for ₹280 and sells it for ₹308. What is his profit percent? (a) 10% (b) 5% (c) 15% (d) 28%
  30. 30.What is 10% of 860? (a) 172 (b) 860 (c) 86 (d) 774
  31. 31.A shopkeeper buys a toy for ₹400 and sells it for ₹360. What is his loss percent? (a) 15% (b) 5% (c) 40% (d) 10%
  32. 32.A shopkeeper buys a toy for ₹440 and sells it for ₹572. What is his profit percent? (a) 30% (b) 35% (c) 25% (d) 31%
  33. 33.A bag marked ₹1620 is sold at a 15% discount. What is its selling price? (a) ₹1863 (b) ₹1377 (c) ₹243 (d) ₹1605
  34. 34.A bag marked ₹1720 is sold at a 30% discount. What is its selling price? (a) ₹1690 (b) ₹1204 (c) ₹516 (d) ₹2236
  35. 35.A shopkeeper buys a toy for ₹240 and sells it for ₹144. What is his loss percent? (a) 40% (b) 96% (c) 45% (d) 35%
  36. 36.A shopkeeper buys a toy for ₹200 and sells it for ₹150. What is his loss percent? (a) 30% (b) 25% (c) 50% (d) 20%
  37. 37.A shopkeeper buys a toy for ₹220 and sells it for ₹198. What is his loss percent? (a) 22% (b) 15% (c) 5% (d) 10%
  38. 38.A bag marked ₹820 is sold at a 10% discount. What is its selling price? (a) ₹738 (b) ₹82 (c) ₹810 (d) ₹902
  39. 39.What is 5% of 900? (a) 450 (b) 855 (c) 45 (d) 90
  40. 40.A shopkeeper buys a toy for ₹500 and sells it for ₹650. What is his profit percent? (a) 30% (b) 35% (c) 31% (d) 25%

Answer key

  1. 5%
  2. 132
  3. 5%
  4. ₹1092
  5. ₹1000
  6. 230
  7. 168
  8. 20%
  9. 324
  10. 15%
  11. 20%
  12. 34
  13. 15%
  14. 12
  15. 48
  16. 18
  17. 20%
  18. 168
  19. ₹840
  20. 156
  21. 40%
  22. ₹544
  23. 40%
  24. ₹1088
  25. 20%
  26. 24
  27. 25%
  28. 50%
  29. 10%
  30. 86
  31. 10%
  32. 30%
  33. ₹1377
  34. ₹1204
  35. 40%
  36. 25%
  37. 10%
  38. ₹738
  39. 45
  40. 30%

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