Discount Questions and Answers for Competitive Exams
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) $$42{6\over 7}\%$$
(C) 30%
(D) $${17\over 2}\%$$
Correct Answer : B
Explanation :
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
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
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) $$11{1\over 9}\%$$
(D) None of these
Correct Answer : D
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
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
A trader allows a trade of 20% and a cash discount of $$6{1\over 4}\%$$% 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
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
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
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