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Percentage and Profit Loss Worksheet for Olympiad

Maths Olympiad topic 15: Percentages, profit and loss · Set 961 · 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 ₹980 and sells it for ₹931. What is his loss percent? (a) 49% (b) 10% (c) 5% (d) 6%
  2. 2.What is 10% of 620? (a) 62 (b) 620 (c) 124 (d) 558
  3. 3.A shopkeeper buys a toy for ₹540 and sells it for ₹513. What is his loss percent? (a) 5% (b) 6% (c) 10% (d) 27%
  4. 4.A shopkeeper buys a toy for ₹360 and sells it for ₹540. What is his profit percent? (a) 51% (b) 50% (c) 55% (d) 45%
  5. 5.What is 15% of 220? (a) 33 (b) 66 (c) 187 (d) 330
  6. 6.What is 5% of 400? (a) 20 (b) 40 (c) 380 (d) 200
  7. 7.What is 40% of 900? (a) 720 (b) 540 (c) 360 (d) 3600
  8. 8.A shopkeeper buys a toy for ₹660 and sells it for ₹561. What is his loss percent? (a) 15% (b) 10% (c) 20% (d) 99%
  9. 9.What is 60% of 840? (a) 1008 (b) 336 (c) 5040 (d) 504
  10. 10.What is 5% of 420? (a) 42 (b) 210 (c) 399 (d) 21
  11. 11.What is 5% of 540? (a) 54 (b) 270 (c) 513 (d) 27
  12. 12.What is 25% of 740? (a) 1850 (b) 370 (c) 555 (d) 185
  13. 13.What is 5% of 340? (a) 17 (b) 34 (c) 170 (d) 323
  14. 14.A shopkeeper buys a toy for ₹820 and sells it for ₹574. What is his loss percent? (a) 35% (b) 31% (c) 30% (d) 25%
  15. 15.A shopkeeper buys a toy for ₹1000 and sells it for ₹900. What is his loss percent? (a) 15% (b) 11% (c) 5% (d) 10%
  16. 16.A shopkeeper buys a toy for ₹360 and sells it for ₹324. What is his loss percent? (a) 5% (b) 15% (c) 10% (d) 36%
  17. 17.A shopkeeper buys a toy for ₹240 and sells it for ₹144. What is his loss percent? (a) 96% (b) 35% (c) 40% (d) 45%
  18. 18.What is 15% of 880? (a) 264 (b) 748 (c) 1320 (d) 132
  19. 19.What is 40% of 320? (a) 128 (b) 1280 (c) 256 (d) 192
  20. 20.A shopkeeper buys a toy for ₹200 and sells it for ₹210. What is his profit percent? (a) 4% (b) 6% (c) 5% (d) 10%
  21. 21.A bag marked ₹1200 is sold at a 30% discount. What is its selling price? (a) ₹840 (b) ₹360 (c) ₹1560 (d) ₹1170
  22. 22.A shopkeeper buys a toy for ₹540 and sells it for ₹486. What is his loss percent? (a) 15% (b) 5% (c) 54% (d) 10%
  23. 23.A bag marked ₹1580 is sold at a 15% discount. What is its selling price? (a) ₹1343 (b) ₹1817 (c) ₹237 (d) ₹1565
  24. 24.A shopkeeper buys a toy for ₹600 and sells it for ₹360. What is his loss percent? (a) 40% (b) 41% (c) 35% (d) 45%
  25. 25.A shopkeeper buys a toy for ₹160 and sells it for ₹184. What is his profit percent? (a) 20% (b) 24% (c) 10% (d) 15%
  26. 26.What is 75% of 380? (a) 95 (b) 570 (c) 2850 (d) 285
  27. 27.A bag marked ₹1720 is sold at a 25% discount. What is its selling price? (a) ₹2150 (b) ₹1695 (c) ₹430 (d) ₹1290
  28. 28.A shopkeeper buys a toy for ₹740 and sells it for ₹1110. What is his profit percent? (a) 50% (b) 55% (c) 51% (d) 45%
  29. 29.A shopkeeper buys a toy for ₹880 and sells it for ₹1144. What is his profit percent? (a) 30% (b) 25% (c) 31% (d) 35%
  30. 30.What is 40% of 980? (a) 392 (b) 784 (c) 3920 (d) 588
  31. 31.A shopkeeper buys a toy for ₹200 and sells it for ₹180. What is his loss percent? (a) 15% (b) 10% (c) 20% (d) 5%
  32. 32.A bag marked ₹1160 is sold at a 25% discount. What is its selling price? (a) ₹1135 (b) ₹1450 (c) ₹290 (d) ₹870
  33. 33.A bag marked ₹1860 is sold at a 25% discount. What is its selling price? (a) ₹465 (b) ₹1835 (c) ₹2325 (d) ₹1395
  34. 34.A shopkeeper buys a toy for ₹800 and sells it for ₹560. What is his loss percent? (a) 35% (b) 31% (c) 25% (d) 30%
  35. 35.What is 50% of 120? (a) 600 (b) 120 (c) 61 (d) 60
  36. 36.What is 15% of 940? (a) 799 (b) 141 (c) 282 (d) 1410
  37. 37.A shopkeeper buys a toy for ₹660 and sells it for ₹792. What is his profit percent? (a) 15% (b) 21% (c) 25% (d) 20%
  38. 38.What is 60% of 980? (a) 588 (b) 5880 (c) 392 (d) 1176
  39. 39.A bag marked ₹1280 is sold at a 25% discount. What is its selling price? (a) ₹320 (b) ₹1600 (c) ₹960 (d) ₹1255
  40. 40.A shopkeeper buys a toy for ₹980 and sells it for ₹833. What is his loss percent? (a) 20% (b) 16% (c) 10% (d) 15%

Answer key

  1. 5%
  2. 62
  3. 5%
  4. 50%
  5. 33
  6. 20
  7. 360
  8. 15%
  9. 504
  10. 21
  11. 27
  12. 185
  13. 17
  14. 30%
  15. 10%
  16. 10%
  17. 40%
  18. 132
  19. 128
  20. 5%
  21. ₹840
  22. 10%
  23. ₹1343
  24. 40%
  25. 15%
  26. 285
  27. ₹1290
  28. 50%
  29. 30%
  30. 392
  31. 10%
  32. ₹870
  33. ₹1395
  34. 30%
  35. 60
  36. 141
  37. 20%
  38. 588
  39. ₹960
  40. 15%

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