Discount Questions and Answers for Competitive Exams
A dealer buys an article marked at ₹ 25,000 with 20 % and 5% off. He spends 1,000 for its repair and sells it for ₹ 25,000 what is his gain or loss percent?
(A) Gain of 10 %
(B) Loss of 10 %
(C) Loss of 25 %
(D) Gain of 25 %
Correct Answer : D
The marked price of an article is ₹ 100. A discount series of 5%, 10% successively reduces the price of an article by
(A) ₹ 24.5
(B) ₹ 4.5
(C) ₹ 14.5
(D) None of these
Correct Answer : C
A shopkeeper list the price of an article as ₹ 500. But he gives a certain discount which allows the buyer to pay ₹ 500 for the article including 10% sales tax. The rate of discount is
(A) $$9{1\over 11}\%$$
(B) 11%
(C) 10%
(D) $$10{1\over 11}\%$$
Correct Answer : A
A trader sells his goods at a discount of 20 %. He still makes a profit of 25 %. If he sells the goods at the marked price only. His profit will be
(A) 50.25%
(B) 54.25%
(C) 56.25%
(D) 25.56%
Correct Answer : C
A dealer buys a table listed at ₹ 1,500 and gets successive discounts of 20% and 10%. He spends ₹ 20 on transportation and sells at a profit of 20%. Find the selling price of the table (in rupee).
(A) 1200
(B) 1230
(C) 1320
(D) 1080
Correct Answer : C
Explanation :
Rahim bought a T.V. with 20% discount on list price. Had he bought it with 25% discount he would have saved ₹ 500. At what price did he buy the T.V?
(A) ₹ 10,000
(B) ₹ 8,000
(C) ₹ 16,000
(D) ₹ 12,000
Correct Answer : B
Two people, Savita and Karan, get their sales commissions based on the number of items sold each month. Their total sales commission amounts to Rs. 56,100 in a particular month. If savita got her commission 12 % higher than Karan, how much commission did Karan earn?
(A) Rs.29,500
(B) Rs.22,805.45
(C) Rs.26462.26
(D) Rs.25,500.28
Correct Answer : C
The Banker's discount on a bill due 6 months hence at 16% per annum is ₹ 216. The true discount is:
(A) ₹ 210
(B) ₹ 200
(C) ₹ 212
(D) ₹ 180
Correct Answer : B
In a shop shirt are usually sold at 40% above the cost price. During a sale, the shopkeeper offers a discount of 10% off the usual selling price. If he man ages to sell 72 shirts for ₹ 13,608 then his cost price per shirt, ( in ₹) is
(A) 149
(B) 125
(C) 210
(D) 150
Correct Answer : D
A person paid ₹ 17,000 for a motor - car after a single discount of 15 %. If he is given successive discounts of 5% and 10% then how much he would pay?
(A) ₹ 17,100
(B) ₹ 18,900
(C) ₹ 17,000
(D) ₹ 17,010
Correct Answer : A