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Discount Questions and Answers for Competitive Exams

4 years ago 20.7K Views
Q :  

While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be: 

(A) 40%

(B)

(C) 30%

(D)

Correct Answer : B
Explanation :


Q :  

Rita bought a television set with 20% discount on the labeled price. She made a profit of Rs. 800 by selling it for Rs. 16,800. The labeled price of the set was 

(A) Rs.20,800

(B) Rs.24,000

(C) Rs.18,000

(D) Rs.20,000

Correct Answer : D

Q :  

A shopkeeper allows a discount of 10% on the marked price of an item but charges a sales tax of 8% on the discounted price. If the customer pays ₹ 3,402 as the price including the sales tax, then the marked price is 

(A) ₹ 3,600

(B) ₹ 3,800

(C) ₹ 3,400

(D) ₹ 3,500

Correct Answer : D

Q :  

A fan s listed at ₹ 150 with a discount of 20%. What additional discount must be offered to the customer to bring the net price to ₹ 108

(A) 15%

(B) 8%

(C)

(D) None of these

Correct Answer : D

Q :  

A tradesman allows a discount of 15 % on the marked price. How much above the cost price must he mark his goods as to gain 19 %? 

(A) 25%

(B) 30%

(C) 34%

(D) 40%

Correct Answer : D

Q :  

A double bed is marked at  ₹ 7,5000. The shopkeeper allows successive discounts of 8 %, 5 % and 2 % on it. What is the net selling price? 

(A) ₹ 6,4239

(B) ₹ 6,500.50

(C) ₹ 6,500

(D) ₹ 6,000

Correct Answer : A

Q :  

A trader allows a trade of 20% and a cash discount of % on the marked price of the goods and gets a net gain of 20% of the cost. By how much above the cost should the goods be marked for the sale? 

(A) 60%

(B) 70%

(C) 40%

(D) 50%

Correct Answer : A

Q :  

The marked price of a shirt and trousers are in the ratio 1 : 2. The shopkeeper gives 40 % discount on the shirt. If the total discount on the shirt and trousers is 30 %, the discount offered on the trousers is 

(A) 25%

(B) 30%

(C) 15%

(D) 20%

Correct Answer : A

Q :  

A machine is marked at ₹ 6,800 and available at a discount of 10%. The shopkeeper gives another off-season discount to the buyer and sells the machine for ₹ 5,202.  Find the offseason discount. 

(A) 15%

(B) 18%

(C) 10%

(D) 12%

Correct Answer : A

Q :  

How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price? 

(A) 60%

(B) 45%

(C) 50%

(D) 40%

Correct Answer : C

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