Discount Questions Practice Question and Answer

Q:

The marked price of an article is 10 % higher than cost price. A discount of 10 % is given on marked price. In this kind of sale, the seller bears: 

988 0

  • 1
    no loss no gain
    Correct
    Wrong
  • 2
    a loss of 5 %
    Correct
    Wrong
  • 3
    again of 1 %
    Correct
    Wrong
  • 4
    a loss of 1 %
    Correct
    Wrong
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Answer : 4. "a loss of 1 % "

Q:

For salaried parsons, standard deduction for Income tax is being raised from current Rs 40000 to Rs 50000. By how much percent standard deduction is increased ?

1230 1

  • 1
    32%
    Correct
    Wrong
  • 2
    40%
    Correct
    Wrong
  • 3
    25%
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
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Answer : 3. "25%"

Q: The marked price of a watch is Rs 1000. A retailer buys it at Rs. 810 after getting two successive discounts of 10% and another rate which is illegible. What is the second discount rate ? 1063 0

  • 1
    15%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    8%
    Correct
    Wrong
  • 4
    6.5%
    Correct
    Wrong
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Answer : 2. " 10%"
Explanation :

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Q:

A discount of 15 % on one article is the same as discount of 20% on a second article. The costs of the two articles can be:

800 0

  • 1
    ₹85, ₹ 60
    Correct
    Wrong
  • 2
    ₹ 60, ₹40
    Correct
    Wrong
  • 3
    ₹40, ₹20
    Correct
    Wrong
  • 4
    ₹ 80, ₹ 60
    Correct
    Wrong
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Answer : 4. "₹ 80, ₹ 60"

Q: A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1% on the marked price, what is the profit percent? 1128 0

  • 1
    9%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    $$10{1\over9}\%$$
    Correct
    Wrong
  • 4
    11%
    Correct
    Wrong
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Answer : 2. "10%"
Explanation :

undefined

Q: The list price of a clock is Rs 160. A customer buys it for Rs. 122.40 after two successive discount. If first discount is 10% the second is 1992 1

  • 1
    10%
    Correct
    Wrong
  • 2
    12%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    18%
    Correct
    Wrong
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Answer : 3. " 15%"

Q: A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer now to bring the net price to Rs 1104 ? 1150 1

  • 1
    8%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    12%
    Correct
    Wrong
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Answer : 1. " 8%"
Explanation :

undefined

Q:

A shopkeeper increases the price of an object by 40 % and then sells it at 25 % discount on the marked price. If the selling price of such an object be ₹ 2100, its cost price for the shopkeeper was? 

894 0

  • 1
    3000
    Correct
    Wrong
  • 2
    1500
    Correct
    Wrong
  • 3
    1750
    Correct
    Wrong
  • 4
    2000
    Correct
    Wrong
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Answer : 4. "2000 "

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