Discount Questions Practice Question and Answer

Q:

A trader marked his goods at 20 % above the cost price. He sold half the stock at the marked price. one quarter at a discount of 20 % on the marked price and the rest at a discount of 40 % on the marked price. His total gain is 

990 0

  • 1
    2 %
    Correct
    Wrong
  • 2
    4.5 %
    Correct
    Wrong
  • 3
    13.5 %
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
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Answer : 1. "2 % "

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: 

990 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:

An item is sold at two successive gains of 30% and 20%. If the final selling price is Rs 31200, then what is the cost price (in Rs)?

976 0

  • 1
    15000
    Correct
    Wrong
  • 2
    24000
    Correct
    Wrong
  • 3
    22250
    Correct
    Wrong
  • 4
    20000
    Correct
    Wrong
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Answer : 4. "20000"

Q:

The cost price of an article is Rs. 800. After allowing a discount of 10 %, a gain of 12.5 % is made. Then the marked price of the article is 

959 0

  • 1
    Rs. 1,000
    Correct
    Wrong
  • 2
    Rs.1,100
    Correct
    Wrong
  • 3
    Rs. 1,200
    Correct
    Wrong
  • 4
    Rs. 1,300
    Correct
    Wrong
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Answer : 1. "Rs. 1,000 "

Q: The marked price of an article is 500. It sold at successive discounts of 20% and 10%. The selling price of the article (in rupees) is : 956 0

  • 1
    350
    Correct
    Wrong
  • 2
    375
    Correct
    Wrong
  • 3
    360
    Correct
    Wrong
  • 4
    400
    Correct
    Wrong
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Answer : 3. " 360"
Explanation :

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Q:

The price of a shirt is Rs 260 but the shopkeeper successively discount 15% & 20%. The net sales price is subject to a sales tax of 5%. What does the buyer pay ?

949 0

  • 1
    Rs 172.64
    Correct
    Wrong
  • 2
    Rs 183.64
    Correct
    Wrong
  • 3
    Rs 194.64
    Correct
    Wrong
  • 4
    Rs 185.64
    Correct
    Wrong
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Answer : 4. "Rs 185.64"

Q:

What is single discount equivalent to two successive discounts of 15% and 20%?

933 0

  • 1
    32%
    Correct
    Wrong
  • 2
    34%
    Correct
    Wrong
  • 3
    30%
    Correct
    Wrong
  • 4
    36%
    Correct
    Wrong
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Answer : 1. "32%"

Q:

A bookseller allowed 10 % discount on printed price. He gets 30 % commission from publisher. His profit in percent will be 

916 0

  • 1
    20
    Correct
    Wrong
  • 2
    $$28{4 \over 7}$$
    Correct
    Wrong
  • 3
    25
    Correct
    Wrong
  • 4
    $$28{3 \over 7}$$
    Correct
    Wrong
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Answer : 2. "$$28{4 \over 7}$$"

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