Discount Questions and Answers for Competitive Exams

Vikram Singh4 years ago 20.7K Views Join Examsbookapp store google play
discount questions and answers
Q :  

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

Q :  

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

Q :  

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

Q :  

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

Q :  

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 :


Q :  

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

Q :  

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

Q :  

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

Q :  

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

Q :  

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

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    Vikram Singh

    Providing knowledgable questions of Reasoning and Aptitude for the competitive exams.

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